November 2015: Tips for Student Renters
Nov 6, 2015 by Christa B Copeland
As Thanksgiving break approaches (just take a moment to let that sink in), we want to remind you to continue your apartment research and talk with your parents about your findings. For those who haven’t begun this process yet, now is the time to start! For this month’s newsletter, we have compiled a list of suggestions to guide you as you search for properties and present this information to your family.
Suggestions for Researching and Talking with Your Parents
- Attend the Off-Campus Housing Fair on Wednesday, November 11th from 10:00am-3:00pm (MU Student Center-Lower Level)! This is a great opportunity to explore a wide variety of options all in one place and talk directly to local resources!
- Tour properties! If you are staying in Columbia for some portion of the break, consider using that downtime to collect pictures and other important details to add to your pile of apartment research.
- Create a written list of your options. Use our property checklist to gather all of your information in an easy to read format.
Understand how each property fits within your budget. This is an extremely important step, as the worst thing you could do is move off-campus and not have enough money to cover all of your expenses.
- If you do not know what you can afford to spend, use our budget worksheet to create one.
- Iron out the sources of your income with your parents so there won’t be hard feelings later on!
- If your refund check will be used to cover a portion of your rent, don’t forget to talk to Financial Aid and the Office for Financial Success about how this process works.
- Explore property utility costs. You can find this information at the City of Columbia’s website.
- Look into the safety of the neighborhoods you are considering moving to. You can view Columbia Crime Statistics here.
- Ask your parents about suggestions or recommendations for renters insurance.
- Talk with your parents about who you have identified as roommate candidates. Discuss the reliability of each roommate (especially if you are considering entering a joint lease) and explore potential conflicts. If your gut says no, listen to it!
- If you will need to sublease your apartment for the summer, investigate the fees associated with this process and how it works.
We hope that you find this information helpful and if you need further assistance, don’t forget that you can schedule a consultation with us! There is no need to feel overwhelmed if you don’t have to. We are open during break! Enjoy your time off!