Monday, July 20, 2015

The NEW American Dream

It used to be that everyone young person's dream was to get married and buy a "starter" home. They hoped to build equity in the home then, years later, sell if for a large profit. Then our country experienced the financial crisis of 2008, when the U.S. housing market suffered widespread losses. While we still have a desire to have our own space with the freedom to remodel it as we wish, the effects of the housing crisis may have prompted a more cautious approach by buyers who are more realistic about the level of equity they can build in their homes. Homeowners and prospective homeowners are now looking more closely at the costs and benefits of such a large transaction. While a home is still a good investment, many financial experts still caution against purchasing a home for the sole purpose of making lots of money.


For many Americans with active lifestyles, renting is a great way to free up time that would normally be spent maintaining a house and yard. Renting also provides the freedom of being able to pick up and move without the burden of having to sell a house.

Here are a few more benefits of renting:
  • Flexibility. Renting allows you to explore an area before making the longer-term commitment to homeownership. From schools to shopping to neighbors, each neighborhood had benefits and drawbacks that may not be obvious during the relatively quick home buying process.
  • Career uncertainty. If you think you might need to move in the near future, or are considering job changes that may require relocation, you might want to rent.
  • Income uncertainty. If you expect a pay increase or decrease in the near future, that can change your borrowing ability as well as impact your ability to make mortgage payments.
  • Poor credit. Creating a history of on-time rental payments can help you build the type of credit you'll need to qualify for a home loan.
  • No maintenance expenses. When problems arise, you simple call the landlord.
  • Utilities. In some instances, the landlord may pay for many utilities such as water, sewer, trash removal, maybe even heat and hot water.
Whether renting or buying is more cost effective depends on your market, where you choose to live and whether you like to do home improvement and maintenance projects yourself. Should you decide that renting is for you, give Premier Property Management Services a call at (877) 208-4570 and let us help you find the perfect apartment!

Wednesday, July 1, 2015

Apartment for Rent

We have a new apartment available on West Street in Hartford! It's in the process of being renovated, but it's available to be shown. 2 bedrooms, 1 bath, larger sized rooms, both bedrooms have double sliding door closets, screened-in private porch off of the living room. The building is secured with off street parking. Each floor is secured and the elevator is also secured, requiring a key in order to select a floor. Every floor has it’s own laundry room. The rent is $900 a month, which includes heat and hot water, and we require 2 months security deposit. In order to apply, applicants must provide a $25 fee per adult applicant along with proof of income (copies of 2 recent pay stubs) and a recently printed credit report ( is a free credit report service)