Why Young Professionals Love Short-Term Leases

Millennials​ ​are​ ​the​ ​up​ ​and​ ​coming​ ​generation​ ​of​ ​the​ ​business​ ​world.​​ ​Employers hire young people​​ ​because​ ​they​ ​are​ ​highly​ ​motivated​ ​and​ ​full​ ​of​ ​energy.​ ​They’re​ ​willing​ ​to​ ​go​ ​wherever​ ​their newfound​ ​careers​ ​may​ ​take​ ​them.​ ​And​ ​most​ ​likely,​ ​they’re​ ​tight​ ​on​ ​cash.​ ​It​ ​can​ ​be​ ​quite​ ​difficult for​ ​young​ ​professionals​ ​to​ ​find​ ​the​ ​right​ ​housing​ ​situation.​ ​They’re​ ​years​ ​away​ ​from​ ​becoming homeowners​ ​and​ ​aren’t​ ​ready​ ​to​ ​settle​ ​into​ ​a​ ​long-term​ ​lease​ ​apartment.​ ​But​ ​short-term​ ​leasing is​ ​a​ ​great​ ​option​ ​for​ ​young​ ​professionals​ ​who​ ​are​ ​always​ ​on​ ​the​ ​go!

What​ ​Are​ ​Short​ ​Term​ ​Leases?

Bedly​ ​apartments​ ​are​ ​great​ ​for​ ​young​ ​professionals.​ ​Bedly​ ​provides​ ​affordable,​ ​short-term housing​ ​for​ ​young​ ​people.​ ​Renters​ ​are​ ​able​ ​to​ ​stay​ ​for​ ​as​ ​little​ ​or​ ​as​ ​long​ ​as​ ​they​ ​want.​ ​This​ ​is​ ​a huge​ ​advantage​ ​for​ ​millennials.​ ​They​ ​can​ ​choose​ ​between​ ​a​ ​wide​ ​range​ ​of​ ​locations​ ​and​ ​price points​ ​when​ ​looking​ ​for​ ​a​ ​new​ ​apartment.​ ​There​ ​are​ ​no​ ​broker​ ​fees,​ ​no​ ​additional​ ​bills​ ​for utilities,​ ​and​ ​free​ ​wifi!!​ ​With​ ​only​ ​one​ ​monthly​ ​payment​ ​to​ ​worry​ ​about,​ ​Bedly​ ​renters​ ​can​ ​focus on​ ​pursuing​ ​their​ ​careers.

Why​ ​Short​ ​Term​ ​Leases​ ​Are​ ​Perfect​ ​For​ ​Young​ ​Professionals

Traveling​ ​has​ ​become​ ​very​ ​popular​ ​among​ ​young​ ​people.​ ​Spending​ ​money​ ​on​ ​experiences​ ​has become​ ​a​ ​trend.​ ​​Airfare​ ​is​ ​the​ ​cheapest​​ ​its​ ​been​ ​in​ ​almost​ ​a​ ​century,​ ​and​ ​everyone​ ​wants​ ​to take​ ​advantage​ ​of​ ​this​ ​rare​ ​opportunity.​ ​Young​ ​professionals​ ​want​ ​to​ ​explore​ ​their​ ​career​ ​in different​ ​cities.​ ​This​ ​is​ ​why​ ​they’ll​ ​opt​ ​for​ ​short-term​ ​leasing.​ ​They​ ​want​ ​the​ ​freedom​ ​to​ ​travel whenever​ ​and​ ​wherever​ ​without​ ​breaking​ ​a​ ​contract.

Nobody​ ​wants​ ​to​ ​get​ ​caught​ ​in​ ​a​ ​contract.​ ​​Long-term​ ​leasing​​ ​often​ ​requires​ ​the​ ​renter​ ​to​ ​commit to​ ​an​ ​apartment​ ​for​ ​at​ ​least​ ​a​ ​year.​ ​But​ ​people​ ​in​ ​their​ ​early​ ​20’s​ ​and​ ​30’s​ ​are​ ​still​ ​figuring​ ​out their​ ​future.​ ​Committing​ ​to​ ​a​ ​long-term​ ​lease​ ​means​ ​closing​ ​doors​ ​of​ ​opportunity.​ ​It’s​ ​important to​ ​be​ ​flexible​ ​early​ ​on​ ​in​ ​your​ ​career.​ ​This​ ​is​ ​a​ ​major​ ​perk​ ​of​ ​short-term​ ​leases.​ ​A​ ​new​ ​job opportunity​ ​could​ ​mean​ ​moving​ ​to​ ​a​ ​new​ ​city.​ ​With​ ​short-term​ ​leasing,​ ​there’s​ ​no​ ​need​ ​to​ ​worry about​ ​when​ ​and​ ​where​ ​you’ll​ ​find​ ​your​ ​next​ ​apartment.

Another​ ​perk​ ​of​ ​short-term​ ​leasing​ ​is​ ​that​ ​there​ ​are​ ​no​ ​​broker​ ​fees​.​ ​Broker​ ​fees​ ​can​ ​be​ ​a​ ​huge expense,​ ​sometimes​ ​nearing​ ​$3,000.​ ​That’s​ ​more​ ​than​ ​a​ ​whole​ ​month​ ​of​ ​rent!​ ​And​ ​this​ ​fee​ ​must be​ ​paid​ ​when​ ​the​ ​lease​ ​is​ ​signed.​ ​The​ ​cost​ ​of​ ​living​ ​in​ ​a​ ​big​ ​city​ ​isn’t​ ​cheap.​ ​Most​ ​young professionals​ ​don’t​ ​have​ ​an​ ​extra​ ​$3,000​ ​handy​ ​to​ ​pay​ ​a​ ​broker.​ ​Luckily,​ ​short-term​ ​leasing makes​ ​it​ ​easy​ ​to​ ​avoid​ ​this​ ​overwhelming​ ​fee.​ ​When​ ​you​ ​work​ ​hard​ ​for​ ​your​ ​money,​ ​you​ ​want​ ​to treat​ ​yourself.​ ​Don’t​ ​let​ ​a​ ​broker​ ​cheat​ ​you​ ​out​ ​of​ ​your​ ​hard​ ​earned​ ​cash!

A​ ​great​ ​way​ ​to​ ​save​ ​money​ ​is​ ​by​ ​having​ ​a​ ​roommate!​ ​And​ ​young​ ​professionals​ ​love​ ​having friends​ ​close​ ​by.​ ​Renting​ ​a​ ​new​ ​place​ ​is​ ​much​ ​more​ ​affordable​ ​when​ ​you​ ​can​ ​split​ ​the​ ​cost​ ​with someone​ ​else.​ ​But​ ​it’s​ ​difficult​ ​to​ ​find​ ​a​ ​roommate​ ​willing​ ​to​ ​commit​ ​to​ ​a​ ​long-term​ ​lease.​ ​This makes​ ​the​ ​renting​ ​process​ ​even​ ​more​ ​difficult.​ ​It’s​ ​nearly​ ​impossible​ ​for​ ​a​ ​young​ ​professional​ ​to afford ​​leasing ​​out​​ an​​ apartment​​ without​​ a​​ roommate ​​to ​​share​​ the​​ cost.​​ Luckily​​ with​ B​​edly​, there’s​ ​no​ ​financial​ ​pressure​ ​to​ ​find​ ​a​ ​roommate.​ ​You​ ​can​ ​rent​ ​a​ ​room​ ​just​ ​for​ ​yourself.​ ​Over time,​ ​you’ll​ ​acquire​ ​new​ ​roommates​ ​who​ ​are​ ​naturally​ ​compatible​ ​with​ ​your​ ​living​ ​style.

Renting​ ​a​ ​new​ ​apartment​ ​means​ ​facing​ ​a​ ​variety​ ​of​ ​challenges.​ ​There​ ​are​ ​financial​ ​and​ ​social obstacles​ ​to​ ​overcome.​ ​For​ ​some​ ​young​ ​professionals,​ ​long-term​ ​leases​ ​are​ ​just​ ​too​ ​expensive (especially​ ​if​ ​there’s​ ​a​ ​broker​ ​fee).​ ​Others​ ​don’t​ ​want​ ​to​ ​feel​ ​restricted​ ​because​ ​of​ ​a​ ​contract. Fortunately​ ​for​ ​millennials,​ ​there​ ​are​ ​great​ ​short-term​ ​lease​ ​options​ ​available.​ ​Bedly​ ​is​ ​the​ ​prime example​ ​of​ ​the​ ​short-term​ ​housing​ ​situation​ ​sought​ ​out​ ​by​ ​young​ ​professionals!

 

 

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