There are a lot of reasons to choose to go with a short-term apartment. If you plan to be in an area for a short amount of time, you are moving somewhere and aren’t sure the best place to call home, or you need a place to rent just for a short amount of time, these short-term rentals will make a lot of sense. However, there are some drawbacks to choosing one of these apartments rather than going for a more traditional lease. Some of the issues you need to be aware of when it comes to a short-term rental includes:
# Moving expenses: These rentals will often be more expensive to rent from compared to the traditional lease. This is because the landlord has more risk without the steady tenant living there. They need to offset the loss of 12 months of rent and it takes them more time to find a renter to enter into the lease and take over when you go.
# Harder to find: Short-term leases are hard to find because they don’t provide the same type of cash flow that you can get with long-term rentals. This is going to cause the landlords more hassle. You need to look a long time before you need it to ensure that you can get a good short-term rental before you make any moves.
# Moving more often: Shorter leases means that you will need to move more often. These moving costs can add up in no time and moving can be stressful all on its own. You also have to take on the work of having to find a new apartment. If you plan to stick around an area for a long time, then it may be a good idea to consider whether a traditional lease is a good option for you.
# Can impact your credit: If you have to rent several of these types of rentals over a shorter period of time, each of the hard pulls on your credit can negatively impact your score. You should consider that ahead of time too.
There are many great places to live in the area, but when you need apartments near Championsgate, then it is time to come check out some of our great apartments. We provide a wide variety of units for you to choose from based on how much space you need and which amenities are the most important to you. We welcome you to stop by for a tour and to ask any questions that you may have. Contact us today to set up a tour and get started.
