TOP 5 Factors When Considering a Co-Living Space

Finding a place to stay or rent a room for the long term can be quite a hassle for someone. First and foremost, one has to have a good reason why should they decide to rent a space. Reasons can be anything from finding a place to rent near work, or maybe they wanted to move out just to live out independently or it could any number of personal reasons.

Moving is always a commitment for some as it simply means, you have to move your things as well. Things like clothing, furniture, appliances, or any other personal belongings you have. Plus, you have this concern of finding a place to rent that perfectly suits your needs – then the question of “What are the things should you consider for a place to rent” will most likely to follow.

Worry no more! Here are the TOP FIVE factors someone should consider when finding a place to rent.

Geographical Location

First thing on the list one should consider the is the location. If an individual is relocating to space where it is near their work. It is practical for them to survey the area they wish to move, especially its accessibility to various daily needs of a working individual. For example, access to different types of transportation. It is important for your preferred space to have access to public transportation whether trains or buses. It also doesn’t hurt to have other means of transportation access like taxi cabs. You may never know the situation where you might need to use one.

Some of the working professionals we know who are renting their place prefer to have easy access to the airport or seaport, in case they have to go somewhere for a business trip. Others considered having access to the nearest hospital for emergency and health purposes. Then we have the majority who prefer to have access to shopping malls, grocery stores, pharmacies, laundry shops, and other convenience stores for them to easily get their necessities.

Co-Living Management

We all know living with other housemates can be challenging, what more when all our housemates are multinationals and multigender? Of course this gives us the terrific opportunity in enhancing our understanding our others, but it can also pose as a deterrent to some. Hence, its very important that co-living spaces are managed by a professional team that will coordinate efforts and mediate between housemates. Think of it as a dedicated warden for the place.

As a working professional living in co-shared space, having a dedicated co-living management company is imperative to your wellbeing. That way, you will be assured of your safety, peace of mind and wellbeing. Hassle free living!

Utilities and Amenities

It necessary for you to check all the utilities and amenities that come with your preferred place to rent. It is highly recommended for you to know if the place you are about to rent comes with a common bathroom or does that room has its own built. Having a fully equipped kitchen sounds nice as this will provide you a way to prepare your cooked meal.

There are some of the least and minor factors you may consider when looking for a room to rent. Factors, like does the place, has Wi-Fi or maybe a cable television for tenants.

It also nice for the place you are about to rent to have its place where you can do your laundry – well if not, then maybe you can opt to go to the nearest laundry shops.

Rent Contract

Before you moved in, it is important for both sides – you and the landlord to set each other’s expectations and have those agreements put in the paper. Having it in black and white contract employs security for both parties. A rental space with a contract means the Landlord is committed in their offer and hence means more security and peace of mind for you. Avoid co-living spaces where there is no contract!

The term agreement should clearly define what is the cost for you to move in. These costs are your monthly rent for the place, monthly advances, and security deposits. The cost of the utilities should be specified as well. These utilities like electricity and water consumption.

The contract must also state the duration, the do’s and don’ts while staying in a rented space. A good contract specifies the payment method available for the tenant to pay the landlord – payment methods can be through bank deposit, check payments or could in cash.

Professionally Managed, Accountability

We all know that subletting between friends can often run into disagreements over money. What more when its subletting among strangers! Very often, housemates would run into disagreements regarding utility bills, rent structure, penalties, costs of fixups or even who does what chores.

As such, studies has shown that a professionally managed company that has full accountability of the finances and governing the house rules for each tenant is crucial to ensuring all tenants are treated fairly and no disagreements regarding the finances. This would instantly create a harmonious environment for you, ensuring that you a hassle free co-living experience. What better way to live in the city and focus on what’s important in your life!

Co-living is a terrific experience where you can enhance your social skills and give you great insight into the cultures of others. With all these on your list, your task of finding a place to rent is made easy!