5 things that could inflate your rent before you even sign a lease
Anyone who has ever paid rent knows the price can be steep.
And there are ways landlords can increase your rent before you even sign the lease.
"If a landlord finds that a renter might have something that could be potentially damaging to the property or a disturbance to the neighbors, they might be more likely to charge extra rent or a fee that a renter might have to pay upon taking a lease," Ralph McLaughlin, Trulia's chief economist, told Business Insider.
Since there are many factors that could raise your rent, McLaughlin suggests avoiding landlords who offer a range in their price - though the practice is usually only common when landlords are listing multiple units.
"Landlords who offer a range means that they have some discretion on what they advertised the place for, so they might offer a tenant the higher end of that," McLaughlin said. "It's better to find a landlord who is specific in the amount: no more, no less."
If your landlord does offer a range, here are five factors that could cost you more in rent:
- Amid heatwave, Delhi's power demand soars to May's highest ever at 7,572 MW
- 84% of Indian small businesses anticipate robust growth in 2024: CPA Australia survey
- Go Digit IPO allotment – How to check allotment, GMP, listing date and more
- 10 breathtaking valleys to visit in India in 2024
- Following Rohit Sharma's accusation, IPL broadcaster Star Sports denies airing audio of any personal conversation
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market