Apartment Life Blog


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What Do You Know About Apartment Rental Insurance?

Renter's Insurance

Insurance is one of those things you hope you never need to use, but don’t want to be caught without. You have insurance coverage for your car and your health, but what about your apartment? Living in a multifamily complex can have its surprises. Apartment rental insurance can be that little umbrella that saves you from a sudden rainstorm. Wood Partners would like to answer a few questions you may have:

What is renter’s insurance and why do I need it?

Renter’s insurance protects you, the renter, and your personal property. Renters often have a false sense of security believing that if anything happens, the property management covers any and all damages. But this is not the case. Most apartment leases have some type of indemnity clause: in the case of fire, flood, or other disaster where the tenant is found not at fault, the apartment complex will cover the damages to the apartment’s property, not the renter’s personal property. Also, see this article in U.S. News and World Report about common myths of renters insurance.

What does renter’s insurance cover?

Your renter’s insurance policy will state specifically what it covers. These named perils include (but are not limited to) smoke, fire, lightening, accidental discharge of water, vandalism, and theft. Your policy will Continue reading


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7 Tricks for Better Apartment Living with Wood Partners

Alta Scottsdale KitchenMany people associate living in an apartment with their student days.  Remember when you shared an apartment with a roommate or two?  Each one of you had your own stuff in your room and the living room was probably a mishmash of everyone’s different tastes.  However, apartment living doesn’t have to be like this,especially if you get a luxury apartment with Wood Partners.  An apartment can be as well-decorated, spacious and even more convenient than a house.  You just have to adjust your frame of mind and start thinking in terms of apartment living.  Here are 10 great tricks to help you do so:

  1. Space.  Even luxury  apartments are spacious, they are still going to be a little smaller than houses.  So they need to be decorated in a way that emphasizes space.  Go for smaller pieces of furniture that are nonetheless comfortable and don’t load your home with knick-knacks that might easily fall off their perches.  For more tips, check out Forbes’ article on organizing smaller homes to create space.
  2. Light.  Another great way to emphasize the space in your apartment is to make sure that you let in a lot of light.  You can’t change your window-size but you can buy translucent curtains or adjustable window shades.  Bamboo blinds which can be rolled up halfway create a lazy, tropical atmosphere in your apartment.  If your apartment is located on a higher floor, make sure you take advantage of your view whenever possible as this can be quite inspiring and mentally rejuvenating.
  3. Getting to know your neighbors.  In an article for Huffington Post, Stanley Ely write about how it’s possible to get to know your neighbors, even if you live in an urban area.  A lot of people are afraid that if they make an effort to get to know their neighbors, they’ll have to stop to socialize with them or talk to them all the time.  This doesn’t have to be true.  You can invite your neighbors over for dinner or coffee when you move in and then talk to them occasionally when you see them.  It’s always nice to know who lives next to  you, for safety reasons and also to create a sense of community.
  4. Organization.  When you’re living in an apartment, organization is important, perhaps more so than in a house.  You’re not going to have an attic or a garage to put your extra things.  So it’s a good idea to keep pruning your belongings every three months or so.  If you have the time, you can even do this every month.  Go through your books, clothes and other things to see if there’s anything you feel like you’re not going to use.  Also remember to throw out old magazines, newspapers etc.
  5. Luxury touches.  Everyone wants to be as comfortable as possible at home.  So you need to think about what will make you feel that way.  Would  you like a sauna installed in your bathroom?  Do you want to make that spare room into a personal gym?  Or would you like to set up a home office or library there?  These aren’t things that are, strictly speaking, necessary for your home but if you tend to use them a lot, it will make you happy to have them within your apartment.
  6. Rooms with many uses.  Another great way to make the best use of the space you have is to use the same room for more than one thing.  Custom Home gives some great examples of breakfast rooms that can be used for various functions besides eating, such as reading or doing homework.  Your library can also become a home office.   Even your bedroom can serve as a study during the day.  This saves space without making you feel cramped.
  7. Exploring your community.  When you move into a new neighborhood, you need to feel comfortable in your apartment as well as your area.  So it’s good to get out and explore the cafes, restaurants and shopping available around you.  Everyone likes to have a favorite spot or two where they can become regulars.  So hopefully you’ll find a Mexican restaurant you love or a coffee shop where they will get to know your order before you place it.

Contact us for more great tips for apartment living.


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Apartment Friendly Pets

Apartment friendly pets

After all the research and all the searching, you’ve finally found a home with Wood Partners and have moved into your new apartment. The furniture and decorations are all put in their places, the kitchen and bathroom are organized, and it almost feels like home…

Almost.

You sit down to eat your first home cooked meal, and it dawns on you what’s missing. A pet! A wonderful creature who you can look forward to coming home to. The best roommate because they never eat your food, leave dirty dishes in the sink, or stay up too late playing music too loud. But which critter from the animal kingdom is the best match for you and your new apartment?

The first thing you’ll want to do is make sure your new apartment complex is indeed pet friendly. Read your lease or ask the leasing office for any required fees and restrictions. Next Continue reading


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Finding Apartments for Rent for a Carefree Urban Retirement

The Ivy Residences at Health Village - Orlando, FL

The Ivy Residences at Health Village – Orlando, FL

Empty-nesters and retirees today want the flexibility and freedom that comes with renting. Whether married or single, finding apartments for rent for a carefree retirement is an exciting new chapter in your life. Many baby boomers owned homes in the suburbs, but are gravitating to hip, urban areas for the young energy. According to an article by Financial Post, there are many cases when renting in retirement could be the right move. While seniors in the past often retired to age-restricted communities for people 55 years of age and older, many baby boomers prefer a diverse apartment community.

  • Financial savings

With the stock market booming in recent years, it makes sense to let your money work for you while you kick back in an apartment community where property managers take care of your maintenance issues. Being a homeowner comes with a lot of financial responsibilities. Some of the most expensive big-ticket items you need to replace or repair as a home owner include the roof, appliances and air-conditioning.

  • A debt-free lifestyle

According to an article by The Motley Fool, many baby boomers’ homes have become Continue reading


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Ways Renting New Apartments Prepares You for Home Ownership

rent vs buy

If you failed an online quiz about whether you are ready for home ownership, don’t despair. Even if you are better off renting now, you can still use this time to prepare for home ownership in the future. Renting new apartments with spectacular amenities and brand new fixtures, appliances and flooring can give you a taste of what you want in the future. Not only can you test out the neighborhood, figure out what kind of layout, cabinetry and flooring you prefer, but you can save for a down payment. According to an article by AOL Real Estate, there are several signs you aren’t ready to buy a home. If you discover home ownership isn’t right for you, console yourself by renting trendy, new apartments in a part of town where Continue reading