Tuesday , December 24 2024

If you live in a rented house then know these 5 ways to save on rent.

Never try to rent a city house in a prime location. Find homes in developing areas of the city. There you will get good properties at low rent. The size of the house will also be bigger.

2. Negotiate the rent

Never decide the rent on the advice of the landlord or broker. Negotiate rent with the landlord. Landlords always want to give houses to good people, so that they do not have to face any problems later. If your profile is good then the landlord will give you the house even at a low rent.

3. Compare different locations

Do not choose a specific location to rent a house. Look at some places 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 even a distance of 5 km 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 bachelor or unmarried, you can easily save money by having a roommate.

5. Reduction in electricity, water and maintenance costs

Along with house rent, also keep in mind the electricity, water and maintenance expenses. Electricity and water are very important things, but you can save money by saving on them. Do not run fans, bulbs, coolers and ACs unnecessarily. There are many credit cards through which you can get cashback or discounts while paying rent, electricity bills etc.