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Rental Report: Moving Day

Rental Report

Editor’s Note: This biweekly sponsored column is written by Rick Gersten, founder and CEO of Urban Igloo, a rental real estate firm that matches up renters with their ideal apartments, condos or houses. Please submit any questions in the comments section or via email.

If you are moving in to an apartment or condo in Bethesda, chances are it’s a high-rise, or at least a mid-rise building. Moving in to a building can be challenging, especially if you aren’t prepared. We have a few suggestions so hopefully the only worry you have on moving day is trying to find the box with your coffee mug.

Before Moving Day

1. Find out the building’s move-in policies. This is a question to ask prior to lease signing. Most buildings have some rules about scheduling move-ins, especially private condo buildings. Remember, you probably aren’t the only person hoping to move in on a given day, but most buildings only allow use of one elevator, so you want to reserve early. You wouldn’t want to sign a lease for a place only to find out you can’t move in until two weeks later.

2. Learn if there are move-in fees. Apartment buildings should provide you a list of fees when you apply. When working with an independent landlord or agent, be sure to find out if there are fees involved to move in. These fees are generally to cover administrative costs for the building management. You may have to pay an elevator fee or deposit as well, to cover any damage to the elevator.

3. Check out the loading dock. Most buildings have a loading dock area, and a special freight elevator for residents to move in. Make sure your moving truck will fit near the loading dock or find out where you will need to park your moving truck. Be sure to find out if there are any fees or reservations involved to park your truck somewhere other than the loading dock.

Moving Day

1. Make sure you start on time. As stated above, you may not be the only person moving in that day, and if someone is waiting on you to finish your move, you don’t want to cut in to their time. There’s nothing worse than starting out on the wrong foot with the neighbors.

2. Keep an eye on the clock. Some buildings are very strict about cut off times. If they tell you that you need to be done by 5 p.m., don’t assume that means they will let you go to 5:30 p.m. They may shut you down with your bed still on the moving truck. And many places will fine you if they catch you trying to move items in after hours or in an undesignated elevator. Get the big stuff out first, and maybe you can move a few boxes or suitcases later.

3. Make sure all helpers/movers know the rules as well. And if you have a tight window of time to move, make sure they aren’t taking too many pizza breaks. Also, make sure they are careful, not just with your stuff, but with the elevator and common areas. That deposit you pay may go to damage of common areas as well if your coffee table just happens to put a big scratch in the hall paint.

4. Have fees on hand. You may need to pay move-in fees and elevator deposits ahead of time when you schedule your move, or you may just need to pay them on moving day. Come prepared with your checkbook or check ahead of time if they accept other forms of payment.

It goes without saying, but we’ll still say it: Be courteous to other residents and your new neighbors. Keep noise to a minimum, and respect the designated hours. Many of these rules and restrictions are a bit more lenient in managed apartment buildings compared to private condo buildings. So be sure to ask any questions you have early.

And of course, check out the local take-out places so you can grab a quick meal after a day of hard work.

Community discussion guidelines: Our sponsored columns are written by members of the local business community. While we encourage a robust and open discussion, we ask that all reviews of the businesses — good or bad — be directed to another venue, like Yelp. The comments section is intended for a conversation about the topic of the article.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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