If you are in it for long term, renting an apartment Calgary has a lot of benefits financially and there are a lot of ways that you can turn it into a gold mine. A lot of people now a day buy’s an apartment, then has it rented and its instant money for them. But what they don’t know is that renting can be so much cheaper.
If you do not like the idea of shelling out money in one full blow, then renting can be your best option. Calgary apartments for rent, offer cheaper prices and better living opportunities.
If you are business minded and want this to be a full blown money generator, then renting may not be your best option, if you have the money to shell out huge amounts, then by all means do so, but if you do not have the income yet to purchase your own apartment then renting should be your first option.
If you are undecided, here are some reasons you may wan to look into before deciding anything:
- You can take in a room mate/borders – apartments are flexible, and you can take advantage of this by asking a friend or having someone you do not know pay you for staying in your apartment. If you get a two-bedroom apartment, you can either tell them the truth that they will be paying you, or you can opt not to tell them, and get their rent at the end of the month, then just keep it. For you to pull this off you will need an apartment with a particularly stable and affordable rent every month. You can then alter the amount that you will be asking from your roommate depending on the rent that you pay every month. It is easy to just deduct from what they give you if you find that you are short on funds.
- You have the option to turn it into a joint living space – when we say joint living space, we mean that you can gather a bunch of people in one apartment but still be paying one rent. It works like this, you get an apartment with at least 2 to 3 rooms so that you can accommodate at least 5 people in one apartment, and then, you each give them their own room, but you will be charging them at least half the amount of your rent at the end of the month.
It is perfectly doable and it is not hard for someone to consider this idea, for as long as the rent that they have to pay is within their budget and it is affordable. You can use this method to your advantage, because apartment owners will not suspect a thing. They can think that you are just living in with a bunch of friends, but the rent they pay goes to you. It is the perfect strategy.
It may sound like a long shot, but people will do anything now a day to earn a little extra money, and this method somehow works for them.