By: April S. Braxton
Dallas Morning News second quarter apartment statistics reports that there are 50,044 apartment units currently under construction in Dallas, TX! At a time when most people seem to be knowledgeable on the advantages of buying vs. renting, the BIG question is, who is leasing these apartments and why?
For some people, leasing a property is the only option because of credit issues or lack of down payment to purchase a home. For millennial entrepreneurs and professionals like myself, apartment living is just the best choice for now. It makes life flexible, easy and convenient.
Leasing an apartment provides flexibility.
Millennials who are still developing and growing professionally do not want to be tied down. Instead we want to:
- Move quickly
- Relocate for job changes
- Work remotely
- Live comfortably
Leasing an apartment is hassle free.
State of the art interior and exterior amenities at luxury apartments offer low maintenance and seamless living. Take a look at your budget and planner…between your full time job, networking events, building a brand and developing relationships, you just don’t have the time or money to balance the responsibilities of homeownership.
Your demanding lifestyle needs a pretty place of peace. Apartment living offers that and more:
- 24hr tech savvy fitness centers
- Clubhouse business centers
- Lounge areas
- Sky lounges
- Resort style swimming
- Pet parks and grooming stations
- On-site maintenance
- Concierge service
Easy living floorplans of meticulously maintained apartment units are designed for a perfect balance of efficiency and entertainment. Most units are equipped with features that grace the resident with a sense of modern grandeur:
- Wood, concrete, or carpet flooring
- Dramatic high ceilings
- Unique lighting fixtures
- Quartz, marble, or granite countertops
- Color coordinated backsplashes
- Matching stainless steel appliances
- Large garden tubs
- Enclosed showers
- Dual sinks
- Large walk in closets
- USB outlets
- Built in wireless speakers
- Balconies with views of the pool or city skyline
Apartments are conveniently located.
As millennials we love to be in the mix. We thrive in environments that encourage growth and productivity. Many luxury apartment neighborhoods are conveniently located near small businesses, coffee shops and the hustle and bustle of other professionals. These apartment neighborhoods offer great networking and socializing opportunities.
Leasing an apartment can be good for the budget.
We can all agree that luxury apartment living is full of splendor, however, the main concern for most people is price. Dallas Morning News says that the “Average North Texas apartment rents rose by more than 5 percent to a record $1,082 a month” in the second quarter of this year. Although prices are high, there are still some financial advantages to leasing an apartment.
- No down payment leaves extra funds to allocate towards business development or other professional obligations like continuing education or student loans.
- Leasing doesn’t come with additional fees like HOA, homeowners insurance, taxes, or property maintenance costs
- Unbelievable move-in specials, ie. one to two months free rent, free applications and no deposits.
Make no mistake, I am an advocate for ownership, but I understand that everyone isn’t ready for it. Trust your process hard workers. Your time to buy will come and it will most likely be accompanied by a lower interest rate and the down payment won’t be breaking your bank.
You need an apartment locator to help you save on move in costs!
I work aggressively to find the best deals while developing relationships with the property management companies and leasing agents. This gives me an advantage over traditional apartment locators who may not receive updated information directly.
Each of my clients receive a move in special upfront and their new living space always meets or supersedes their expectations. My clients value my tenacity, excellent customer service and the friendship we build in the process. I also send each client a $50 rebate after they move-in.
As a young business owner my desire to work with like minded entrepreneurial millennials and professionals is just an extension of my experience. I understand the challenges, vision and desire to live a lifestyle of luxury now, even if it is temporary.
Let me help you with your apartment search! I service Dallas, Austin, San Antonio and Houston.