Moving Up & Moving Off - Northeastern University€¦ · Moving O ff Off Campus ... MEET...
Transcript of Moving Up & Moving Off - Northeastern University€¦ · Moving O ff Off Campus ... MEET...
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Moving Up & Moving Off
Off Campus Living 2019
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OverviewPart 1: Deciding to go off campus
Part 2: Choosing an apartment/house
Part 3: Signing the Lease
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Part 1: Considerations for Moving Off
Campus
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Where DO I start??
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Questions to ask Yourself
● What’s the best time to start looking?
● Where do I/we want to live?
● Who do I want to live with?
● What is my budget?
● What are my plans next year?
● Do I have a cosigner?
● Do I have a form of transportation?
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● Cambridge
● Somerville
● Quincy
● Jamaica Plain
● South Boston
Undergrad AreasGrad/ Young
Professional Areas
● Mission Hill
● Fenway
● Symphony
● Back Bay
● South End
● Roxbury
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Off campus On campus● May have to pay for utilities, internet,
furniture
● May take longer to get to campus
● No RAs**
● Do not need to sign in guests
● Might be able to have pets
● Can have bigger beds
● More single rooms
● Might have Additional fees
VS
● utilities , internet, furniture = included
● Already on campus
● RAs, proctors
● Need to sign in guests
● No pets (unless therapy/guide
animals)
● Mainly twin sized beds
● Usually doubles
●
●
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How Much will it cost??
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• First & last month’s rent
• Security deposit
• Realtor & other fees
• Furniture
• Moving expenses
MONTHLY EXPENSESONE-TIME EXPENSES
• Rent
• Utilities
• Cable, internet
• Groceries
• Transportation
• Renter’s Insurance (can be monthly)
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Example of Cost comparison (mission hill)MONTHLY COSTS: Rent ($900) + utilities ($50) = $950 monthly
ONE TIME COSTS: Furniture ($300) + realtors fees ($900) = $1200 one time
→ Example apartment: $950 x 12 + $1200 = $12600 yearly
Living off campus may or may not be more expensive - it depends!
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What are You Paying For?
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Know Your Budget
Pay Day!
Rent
Utilities
Food
Goals
Fun
Income
Mom & Dad
SavingsCo-op
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● Cut the cable cord
● Cook for yourself
● Northeastern Marketplace on
Facebook – no soft furniture
● DIY Decor
● Stay on top of your bills
How can I save money?
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Part 2: Finding an Apartment
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where Can i LOOK for an apartment??
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Database Features● Find apartment listings, trusted realtors, and roommates!
● Filter listings by price, neighborhood, broker fee (or no fee), etc.
● Sort listings by distance from campus, cost or by newest listing, and
transit options
● Save a search and get updates when listings meet your criteria!
● View photos and video tours of properties near campus.
● Search for roommates by key words, class year, social habits, etc.
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Select a Safe Home
● Clean & Sanitary
● Alarms: Smoke & Carbon Monoxide
● safe roof/alley access
● Locks: door & window
● Secure lobby & good lighting
● Get renter’s insurance!
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How can i find a trustworthy
realtor??
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How to find
● The NU database
● Agencies
● Word of mouth!
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What Makes a Good Realtor
● Lists on Off-Campus Housing database
● Explains fees, services and due dates
● Promotes state & local housing codes
● Shows actual, available properties
● Physical office location
● Answers your questions
○ Use Apartment Hunting Checklist!
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Extra Tips
● Give yourself choices!● You only have to pay a broker fee to realtor you sign a lease
with**● Have back-ups● Speak to your financial aid counselor ● **Possibly** avoid a Brokers fee● Get Renter’s Insurance
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!! Come to the apartment fair !!FEBRUARY 5, 2020
MEET REALTORS AND GET MORE INFO ON LIVING OFF CAMPUS!!
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Part 3: Signing the
Lease
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What do I need to know about my lease before
signing?
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1) What is a Lease?
● Legal, binding document between
you and the landlord
● It describes the terms of the
agreement
***Make sure to get a cosigner**
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2) What Should Be on the Lease?
● Name, address, contact info of landlord
● All names on lease
● Amount of rent and date due
● Lease start date and end date
● Name and contact info for repairs
● Addendum – the landlord’s extra rules
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3) Addendums
They will tell you: who to pay rent to, parking rules,
specific fees for maintenance, fees for violating
certain rules, if pets are allowed, etc.
● You MIGHT find illegal clauses
● Might be able to make changes and negotiate with
the Landlord
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Lease Genius
1) Visit our website!● Print out our brochure to help with
understanding your lease● Watch our video
2) Show us your lease!● We can give you expert advice and review
your lease!
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What If I don’t want a Year
Lease?
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Then...Sublease!!
Where to Find:
- database, social media, word of mouth
Make sure to get written consent!
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Bonus Part: Pro Tips
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Recommended TimeLineJanuary-February1. Identify Roommates2. Apply for on-campus housing3. Talk to family/co-signer
February-April1. Sign lease
OR
2. Pay on-campus housing deposit
(Due mid January)February-March1. Select Realtor/Property Manager2. View apartments (5-10 apts)3. OCHSS Apartment Fair - Feb 05
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● Only work with people and realtors you can meet in person
● Do NOT rent a place until you or a trusted friend have seen it
● Never make payments in cash, MoneyGram
● Beware of making wire transfers through Western Union
● If it feels wrong, it probably is!
● Use the Off Campus Housing Database!
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Action Items1. Start talking to your family about options, your
budget, and who will be your cosigner
2. Start to figure out roommates
3. Confirm budget and must-haves.
Make sure all your roommates are on the same page!
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Off-Campus ResourcesNortheastern University
● Thrive: 101 CSC
● Off Campus Student Services: 151 Speare Hall
○ Spring 2020: Workshops and videos for after you sign your lease!
Online
● NU Website: northeastern.edu/offcampus
● Off-Campus Housing Database: aptsearch.northeastern.edu
● Checklists: northeastern.edu/offcampus/resources
● Social Media*** @NUoffcampus
Video Series!
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Kahoot!!
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Panel