rental house
House rents are increasing rapidly in small and big cities. On the other hand, due to increase in house prices, it is becoming difficult for the common man to buy a house. In such a situation, if you live in a rented house, then a major part of your income will be going towards house rent. The increasing rent every year might be spoiling your budget. If you are worried about paying huge rent, then you can save a lot by taking care of some things. We are telling you some tips, by following which you can save a lot on the rent amount.
1. Find a rented house in an affordable area
Never try to rent a city house in a prime location. Look for a home in areas of the city that are developing. There you will get good property at low rent. The size of the house will also be bigger.
2. Negotiate the rent
Never finalize the rent on the advice of the landlord or broker. Negotiate the rent with the landlord. Landlords always want to give houses to good people, so that they do not face any problems later. If your profile is good then the landlord will give you the house even at low rent.
3. Compare different locations
Do not choose any particular location for taking a house on rent. Look at several locations around it and compare. Many times you will see a huge difference in fare within a radius of 1 to 3 kilometers. If connectivity is good then covering a distance of even 5 kilometers is not difficult.
4. Get a roommate to save on rent
If you feel your rent is too high, you can have a roommate. If you are a bachelor or single, you can easily save money by having a roommate.
5. Reduce electricity, water and maintenance expenses
Along with house rent, also take care of electricity, water and maintenance expenses. Electricity and water are very important things, but by saving on them you can save money. Do not run fan, bulb, cooler and AC without need. There are many credit cards through which you can get cashback or discount when you pay rent, electricity bill etc.
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