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November 1, 2021

The Surprisingly Wonderful Benefits of Rental Living

If you’ve recently moved, chances are you looked at apartments, especially if your new area was especially expensive. With over 43 million renter-occupied units in the country, renting is clearly a popular choice. Home ownership is often seen as the gold standard, but there are plenty of reasons why home ownership might not be your best bet. 

Here are four reasons why renting might win over buying.

  1. Location

Because there are so many rental units spread throughout the country, renters can live almost anywhere. But according to Investopedia , “homeowners are restricted to areas where they can afford to buy. Living in an expensive city such as New York may be out of reach for most home buyers, but it is entirely possible for renters.” When you value location over ownership, renting is perfect. 

There are rarely homes in large cities; most are located in suburbs, which means long commutes into the city. If you value your time, living in an apartment a few blocks from your workplace could save you hundreds of hours a year. And time is money! Even if rent is the same as or even slightly higher than a comparable mortgage, most people never factor in time costs, or even fuel and transportation costs from living farther away from where they work. Before you make a final decision, consider all these variables.

  1. Amenities

Have you ever bought something you thought you’d use more than you do? Imagine doing that with something as large and involved as a swimming pool. Renting an apartment often comes with access to great amenities that you can use for free! There’s no need to pay for installation, upkeep, or maintenance, and you can use the amenity as often or as little as you’d like! This is often what draws most people to renting. 

Renting also comes with access to amenities many consider essential, such as a washer and dryer. These large appliances make daily life so much easier, but can be a source of headaches if they stop working or malfunction. If you own your home, you’re on the hook for all maintenance and repair costs, and any damage caused by the appliances. As a renter, you simply contact your landlord or property manager to take care of any issues you have. Benefits without responsibilities is a major draw for many renters, and apartment managers know it! Newer apartments often offer outrageous amenities to attract potential renters. You’ll likely be able to find the exact amenities you’re looking for in an apartment.

  1. Flexibility 

Buying a home is one of the largest commitments of time, energy, and money that we make.  Not everyone is ready for such a serious commitment. Renting can help you avoid taking on unwelcome responsibilities. Unlike a temporary contract, buying a home is final. Sure, you can always sell, but selling too early can cost you. You have to live in your home for a minimum of two years to avoid capital gains tax upon selling, and selling any sooner than two years after purchase will usually mean you love money on the sale due to closing costs, and that’s assuming the house has appreciated in those two years. 

There’s a ton of things you have to consider when buying a home. If you don’t like where you live, you’re stuck until you can sell your home. If you’re renting an apartment, just don’t renew your lease and you’re free to go wherever you want. This is especially nice with the increase of remote work opportunities. If you value flexibility, renting is most likely the best situation for you.

  1. A sense of community 

Just about everything in life can be done remotely. From paying bills to ordering groceries, there’s no need to go anywhere in person anymore. This can be extremely lonely. If you’re someone who struggles with getting out and meeting people, being a part of an apartment community can help. Apartment complexes often host parties and activities where you can meet your neighbors and others who live nearby. Even if you’re not interested in any social activities, you’ll still rub shoulders with your neighbors now and again as you go about your day.

Renting can be better than buying because renting allows you to choose the location where you want to live, offers great amenities, gives you flexibility, and helps you be part of a community. If you’re looking for apartments in Riverside, California, consider Mission Lofts Apartments!

How to Set Up Your Apartment for Studying or Working from Home

March 14, 2024
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How to Maximize Space in Your Apartment

March 14, 2024
Living in an apartment can be challenging, especially if you have a lot of stuff or need to share the space with others. However, with some clever tips and tricks, you can make the most of your space and create a cozy, comfortable, and functional home. In this article, we will share some ideas on how to maximize space in an apartment, from choosing the right furniture and storage solutions to using colors and lighting to create a bigger feel. Choose Multifunctional Furniture One of the best ways to save space in an apartment is to choose furniture that serves more than one purpose. For example, you can use a storage ottoman as a coffee table, a footrest, and a place to store blankets, books, or pillows. You can also use a sofa bed or a futon that can transform into a bed for guests or yourself. A dining table that can fold or extend can also be useful for different occasions, such as working, eating, or entertaining. Use Storage Furniture Another way to maximize space in an apartment is to use furniture that has built-in storage. For example, you can use a bed with drawers underneath or a headboard with shelves to store your clothes, bedding, or books. You can also use a coffee table or an end table with drawers or shelves to store your magazines, remote controls, or other items. A bookcase or a shelf can also double as a room divider, creating some separation and privacy while also providing storage space. Get Creative with Wall Décor If you have limited floor space, you can use your walls to add some personality and functionality to your apartment. For example, you can hang some artwork, photos, or mirrors to make your space more attractive and reflect more light. You can also use wall-mounted shelves, hooks, or racks to store or display your items, such as books, plants, hats, scarves, or pots and pans. You can also use wall decals, stickers, or wallpaper to add some color and pattern to your walls without taking up any space or causing any damage. Use Colors and Lighting to Create an Illusion of Space The colors and lighting you use in your apartment can also affect how spacious it feels. Generally, lighter and brighter colors can make a space feel larger and more open, while darker and warmer colors can make a space feel smaller and cozier. You can use a light color scheme for your furniture and curtains and add some pops of color with your accessories, such as pillows, rugs, or lamps. You can also use natural light as much as possible and supplement it with artificial lighting, such as floor lamps, table lamps, or string lights. You can also use mirrors to reflect more light and create a sense of depth and dimension. Reduce Clutter and Organize Your Space Finally, one of the most important things you can do to maximize space in an apartment is to reduce clutter and organize your space. Clutter can make your space feel cramped, chaotic, and stressful, while having a place for everything can make your space feel neat, tidy, and peaceful. You can start by decluttering your space and getting rid of anything you don’t need, use, or love. You can also use various storage containers, such as baskets, boxes, or bins, to store your items and keep them out of sight. You can also use labels, dividers, or organizers to keep your items sorted and easy to find. Living in an apartment doesn’t mean you have to be cramped. By following these tips, you can maximize space in your apartment and make it a place you love to live in. Remember, it’s not about how much space you have but how you use it. Mission Lofts Apartments offers a variety of spacious floor plans to suit everyone’s needs. Call us today to schedule a tour!

How to Make Your Apartment Comfortable for Your Pets

March 14, 2024
If you live in an apartment with your furry friends, you might wonder how to make your space more comfortable and enjoyable for them. Pets need more than just food and water to thrive; they also need a safe, stimulating, and cozy environment that meets their physical and emotional needs. In this article, we will share some tips on how to make your apartment comfortable for your pets, from creating a pet-friendly space to providing enrichment and entertainment. Create a Pet-Friendly Space  One of the first things you should do to make your apartment comfortable for your pets is to create a pet-friendly space that is safe, clean, and accessible. Here are some ideas on how to do that: Check your apartment for any potential hazards, such as toxic plants, exposed wires, sharp objects, or small items that could be swallowed. Remove or secure anything that could harm your pets. Provide your pets with their own beds, crates, or mats where they can rest and relax. Make sure they are comfortable, clean, and in a quiet area away from drafts, heat sources, or noise. Provide your pets with enough water and food bowls, and keep them clean and filled. Place them in a convenient location where your pets can access them easily and without interruption. Provide your pets with a litter box (for cats) or a designated area (for dogs) where they can do their business. Keep it clean and odor-free, and use a pet-friendly litter or pad. Place it in a private and accessible location, away from their food and water bowls. Provide your pets with scratching posts (for cats) or chew toys (for dogs) where they can satisfy their natural instincts and keep their nails and teeth healthy. Place them in strategic locations where your pets can reach them easily and without damaging your furniture or belongings. Provide Enrichment and Entertainment Another thing you should do to make your apartment comfortable for your pets is to provide them with enrichment and entertainment that will keep them mentally and physically stimulated. Here are some ideas on how to do that: Play with your pets regularly and provide them with interactive toys that will challenge their brains and skills. You can use puzzle toys, treat dispensers, balls, lasers, or feathers to engage your pets and reward them with treats or praise. Provide your pets with a window view where they can watch the outside world and enjoy some natural light. You can also install a bird feeder, a squirrel feeder, or a catnip plant outside your window to attract some wildlife and provide some extra entertainment for your pets. Provide your pets with some background noise or music that will soothe them and make them feel less lonely or bored. You can use a sound machine, a radio, a TV, or a smart speaker to play some calming sounds or tunes for your pets. Hire a pet sitter, a dog walker, or a pet daycare service to take care of your pets when you are away or busy. This will ensure that your pets get some socialization, exercise, and attention while you are gone and prevent them from developing separation anxiety or depression. Living in an apartment with your pets can be a rewarding and enjoyable experience as long as you make your space comfortable and suitable for them. By following these tips, you can create a pet-friendly space that will meet your pets’ needs and make them happy and healthy. Remember, your pets are part of your family, and they deserve the best home possible. We’re proudly pet-friendly at Mission Lofts Apartments . We even have a pet park and washing station on site for our residents and pets to use. Call to schedule a tour and find the perfect home for you and your pet.
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