Apartment Living 2013 - Summer Edition

An advertising supplement to the Journal & Courier

Why Rent?Page 3

Moving TipsPage 6

Living With RoommatesPage 9

Spring/Summer 2013

J&C Apartment Living Lafayette / West Lafayette / Regional

FREETAKE O

NE!

An advertising supplement to the Journal & Courier.

View more apartments on apartments.com

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To find more

information about these apartments- check out the

ads within this book.

To advertise contact Joe Gutwein at 765-420-5214 or [email protected]

Property Name Bedrooms Map # Page # Property Name Bedrooms Map # Page #

Delphi

3

4

6

11

12

15All stories are courtesy of Apartments.com - http://living.apartments.com

13

10

7

16Mulberry

59 2

8

Off Campus (student housing located off Purdue campus)

Prospect Hill Apts 1,2 5 11

West Lafayette

Maxwell Dr - BW Parks P. M. S,1,2,3,4,F 14 12

The Lodge Apartments 2,3 12 9

Peppermill Village Apts 1,2,3,TH 13 3

Outside Tippecanoe County

Delphi

JW Rentals S,1,2,3 15 8

Mulberry

Friendship Gardens Apts S,1 16 8

Legend: TH=Town Homes; S=Studio/Efficiency; F=Single Family Homes = Apartments.com online listingP.M. = Property Management

Lafayette (North/Downtown/Central areas)

Main St. - BW Parks P.M. S,1,2,3,4,F 1 12

S. 3rd St. - Cole P. M. S,1,2,3,4,F 2 4

Fowler Apartments 1,2 3 6

Fulton Place 2,3 4 5

Prospect Hill Apts 1,2 5 11

Valley Tower Apts 1,2,3 5 11

East Lafayette (located East of US Hwy 52/Sagamore Pkwy)

Deerfield Commons 1,2,3 6 5

Hawthorne Properties 1,2,3 7 11

Shenandoah Properties 1,2,3 8 11

On Campus (student housing located within walking distance to Purdue

S. Grant - Cochran Apts 1,2,3,4,TH 9 7

W. Stadium - Cochran Apts 1,2,3,4,TH 10 7

Brown St. - Cole P.M. S,1,2,3,4,F 11 4

Off Campus (student housing located off Purdue campus)

The Lodge Apartments 2,3 12 9

Peppermill Village Apts 1,2,3,TH 13 3

2 J&C Apartment Living Spring/Summer 2013 | jconline.com

As the demand for apartment housing rises, Apartments.com conducted a survey to current renters to find out why they choose to rent. The results of the survey reveal that maintenance free living, cost and flexibility are the most common reasons to rent!

The largest number of respondents (43.7%) rent primarily for the maintenance free living apartments provide. Many respondents have a strong desire for the convenience of a maintenance person avail-able for common household repairs as well as the freedom of not needing to tend to a lawn, garden or landscaping.

More than twenty-three percent of renters choose to rent for financial reasons. According to the Na-tional Multi-Housing Council (NMHC), if an individu-al plans to live in one place for less than five years, it may make the most financial sense to rent. The costs of buying and selling a home can total 10 per-

cent or more of the price of the home. Additionally, home ownership in a desired neighborhood may be much more expensive than renting in the same neighborhood. Some of the survey respondents indicated that they chose to rent in a preferred school district when own-ing in the area was not within their budget. Renting also affords individ-uals the freedom to invest in a variety of stocks, bonds and mutual funds that can provide a higher return on investment as op-posed to property ownership. Accord-ing to the NMHC

Why Rent?Spring/Summer 2013 | jconline.com J&C Apartment Living 3

Continued on page 4...

Continued from page 3...

the average home value increases only five percent each year, whereas the average stock value increases seven percent and bond value increases eight percent each year.

Nineteen percent of respondents indi-cate that relocation flexibility and the lack of a long term

commitment in an apartment is the primary reason they choose to rent.

The NMHC suggests that renting may be a good choice for the following types of individuals:

• Young adults just beginning their careers. • Single parents who do not have time for maintenance or the money to buy a house in a desired school district. • Empty nesters who want to travel.

• Anyone tired of long commutes to work. • Anyone who wants abundant amenities and social activities where they live. • Professionals who transfer often.

For those who choose to rent, apartment selec-tion hinges on specific available amenities and community features. Our survey revealed that in-unit washers and dryers and air conditioning are the most desirable amenities. Properties that allow pets and have ample parking for tenants top the list of community features that increase renter satisfac-tion.


Why Rent?

Spring/Summer 2013 | jconline.com J&C Apartment Living 5

Moving Tips to Review Before Hiring Apartment MoversHiring a mover is as simple as finding the cheap-

est company in your immediate area, right? Wrong! Failing to do your research before you move can leave you with more that you bargained for when something goes wrong. Tips for moving can help you decide which apartment movers fit your needs and can make the process go smoothly.

Tip #1: Only Hire Licensed and Insured Apartment Movers

It may be tempting to opt for a mover who does not have insurance or a license to provide moving services because a better deal can often be found. Unfortunately, thousands of people have found out the hard way that sticking with licensed and insured professionals is a must.

Licensed and insured means that the person who has hired the company is protected when it comes to liability for any injury a mover may experience

while working in a personal residence. Insurance also covers any loses suffered by the customer when personal belongings are damaged, lost or stolen during the moving process. The Massachu-setts Executive Office of Energy and Environmental Affairs advises that a licensed mover can typically be considered to be reputable because they adhere to state regulations related to moving professionals.

Information about whether a specific mover is licensed and insured can be found through your state attorney general office or a regional mov-ing organization. For contact information, access the database provided by the U.S. Department of Transportation.

Tip #2: Get an Estimate By WeightThe California Public Utilities Commission notes that is is important to get an estimate that is based on the weight of the items being transported.


There is a moving scam that some unscrupulous movers use where they give an estimate and con-vince people to allow them to load personal belong-ings on to a truck. The company then claims that the cost is actually much higher than the estimate be-cause the weight of the items was significantly higher than initially thought, and the victim of the scam is not allowed to access their own possessions.

Tip #3: Make Sure a Company Offers a Full Range of ServicesSome movers just load the truck and drive within a small region. If you’re looking for a company that can help with packing, facilitate a long distance move or store personal belongings during the tran-sition, ask questions before settling on a moving company. Be clear about what you are looking for in a professional, and verify time and date availability verbally and in writing.

Follow these easy moving tips to protect yourself and make the complicated process of relocating less stressful. Moving to a new home is excit-ing, and a reputable, licensed and insured moving company can help keep you relaxed and looking forward to the big event.


MULBERRYDELPHI

Greater Lafayette50-90% off local dining,

shopping, and more

Facebook: DealChicken Lafayette Twitter: @LFYChicken


According to the 2007 National Multi-Housing Council tabulations in the Annual Social and Economic Supplement from the U.S. Census Bureau, the 32 percent of Americans who rent — whether they are young, old, married or di-vorced — are probably going to be looking for a roommate.

Ahh, roommates. Can’t live with ‘em and you can’t pay the bills without ‘em.

In our “Roommate Scenarios” series, Apart-ment Living aims to help those lucky 32 percent of us to look at the good, bad and the day-to-day drudgery of living with a partner-in-crime.

Most of us are probably unaware of some of the do’s, don’ts and absolute no-no’s of shar-ing our space. Your roommate abandoned the place? Well, unless you follow the letter of the law, you’re stuck with the bill. And it’s doubt-ful your landlord will let you wash his dishes to stay another month!

Because you and your roomie both signed the lease, you are jointly liable for the rent. Period.

What is unfortunate is that people often enter a legally-binding situation like this without hav-ing the basic points nailed down. The following questions to consider come courtesy of the folks at Avalon Communities, a rental property management company:

Living With Roommates


Continued on page 10...

• How long will each roommate stay in theapartment?

• What are the basic house rules concerningguests/smoking/drinking/cleaning/groceries?

• What happens if a roommate wants to leaveearly? Who pays the rent? How do you finda replacement?

• How will you divide the rent?

• Who gets the bigger room (and does thatentail a larger share of the rent?)?

• Who will have their name on the utility bills?

Even if you and your roommate are bestfriends (sometimes especially so) it is a goodidea to have a written contract — either aroommate agreement or a sublease agreement— depending upon your situation. These canbe provided to you by your landlord. It’s in hisor her best interest to see all parties involvedunderstand their legal obligations.Unexpected problems can occur—an argu-

ment, job changes, whatever—and a prioragreement sets obligations and rights of theroommates (it’s kind of like a pre-nup if youthink about it!). Although these types of agree-ments can be either oral or written, both areequally enforceable under the law—but obvi-ously in written agreements consequences areclearer.

Living WithRoommatesContinued from page 9...

©2012 Classified Ventures, LLC.All rights reserved.

OuttaOuttaOuttaOutta herehereherehere...

No more couch surfingin the p’s basement.

Because with Apartments.com, youfinally scored the perfect one-bedroomclose to work and close to friends.Definitely beats the basement.

Open the door to your perfectplace at Apartments.com.

10 J&CApartment Living Spring/Summer 2013 | jconline.com



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Apartment Living 2013 - Summer Edition