Lauren Massaro

Renters Vocab• Lease- a contract• Security deposit- money provided by a tenant to a landlord to secure a rental agreement that

compensates for possible damage• Sublet- a sublease• Tenant- the renter• Verbal agreement- verbal contract• Written agreement- a legal document summarizing the agreement between parties• Rental clause- In an office lease, a provision stating the amount of rent to be paid, the method

of payment, and to whom the payment is to be made.• Eviction- to expel/kick out• Renters insurance- A type of home insurance that protects the holder against accidents,

damages, and losses that occur in a rented residence.• Landlord- a person that owns and leases apartments to others• Utilities- a public service that you or possibly your landlord pays for (telephone, water, cable,

etc.)• Reference- the act of referring or consulting

Lauren Massaro

What can I afford?

Apartment costs- $510/month for rent- No utilities included- Extra $140/month for utilities

- Electricity/Heat/Water = $60-$70/month- Internet/Netflix = $50-60/month

- About $625-$650 total/month

Lauren Massaro

Wants & Needs• Pool• Fireplace• Safe location• Air conditioning• Cable ready• Laundry facilities

• Balcony/Patio• Netflix• Internet• Safe location• Laundry Facilities• Garage

Lauren Massaro

Research 1Name: Willow Creek ApartmentsLocation: Nicolet Rd. near Fox River MallDate Available: December 1st

Rent amount: $510Rent Due: First months rent + additional $510 for security depositSecurity Deposit: $510Length of lease: 1 yearSquare footage: 683 sq. ft.Pet Rules/Deposit: Cats only $250 deposit, $25 additional for 1st cat & an additional $10 for a second cat/monthLate Payment Charges: N/aLaundry: On-site coin operatedAppliances: Dishwasher, disposal, ceiling fans, air conditioningStorage: Storage space in basementUtilities Included: Trash pick up only

Parking: Parking garage under groundCloset Space: Large walk in closetCeiling Fans: YesOn Bus Route: N/AClub House: Yes, very nice one with a pool Exercise Facilities: YesPool: Yes and JacuzziPatio or Balcony: YesFireplace: NoApproximate Age of Building: N/aNumber of bedrooms: OneWhat floor is it on: 2nd floorLocation: Fox River Mall

Lauren Massaro

Lauren Massaro

Research 2Name: Treyton OakLocation: 2620 N. Helen StDate Available: N/aRent: $395Rent due at signing: N/aSecurity Deposit: Length of Lease: 1 yearSquare Footage: 704sq ftPet Rules: N/aLate Payment Charges: N/aLaundry: On site coin operatedAppliances: All appliancesStorage: N/a

On Bus Route: N/aParking: GarageClub House: N/aExercise: NoPool: NoPatio or Balcony: YesFireplace: NoApproximate age of Building: 22 yearsNumber of Bedrooms: OneWhat Floor: N/aLocation: Copps Grocery Store, Credit Union, Bowling Alley, 3 major restaurants

Lauren Massaro

Lauren Massaro

Research 3Name: Forest View ApartmentsLocation: East side of AppletonAvailable: January 1stRent amount: $375Rent Due: 1st months rent is due upon signingSecurity Deposit: $375 extra security deposit on top of first month rentLength of Lease: 6 months, 1 year, or a flexible leaseSquare footage: 600 - 658 sq. ft.Pet Policy: Cats only & they must be declawed $120 pet deposit, $10 monthly pet rentLate payment charges: N/aLaundry: On-site coin operated laundryAppliances: Dishwasher, ceiling fans, air conditioning, oven, fridge, alarm system

Storage: spaces available in basementUtilities: Gas, water, and trash pick-up includedGarage: No garage, only parking spotsClosets: Spacious closetsCeiling fans: There are ceiling fansBus Route: Not on a bus routeClub House; No club houseExercise: No exercise facilityPool: No poolPatio/balcony: every apartmentFireplace: No fireplace ):Age of the building: N/aBedrooms: One bedroom apartmentWhat floor: 2nd floorLocation: In a quiet cul-de-sac

Lauren Massaro

Lauren Massaro

Landlord Look Up

- On a apartment review site 4 out of 10 people recommended this apartment complex- Management buys tenants doughnuts the first Saturday of every month- People say that management changes a lot there

Lauren Massaro

Why Willow Creek?

I chose Willow Creek Apartments because they meet all of my wants, along with exceeding my needs. They

have very large and spacious apartments with all appliances included. In the club house, they have a pool,

Jacuzzi, workout room, free wifi, a huge bar and lounge, and a large wrap around deck including a grill

available for all tenants to use. Although most of the management ratings were low, I have personally met

both managers and they made me feel very welcomed and taken care of. Also, the first Saturday of every

month the manager goes out and buys doughnuts for the tenants. The apartment I have chosen is a one

bedroom, one bath for $510. I figured that water will be about $30 every 3 months, along with

electricity/heat being $60-$70 per month, and about $50-$60 a month for Netflix and internet. At the end of

the month I shouldn’t be paying any more than $650 with rent and utilities.

Lauren Massaro

Kitchen:Pots & Pans- $74.59

Silverware- 101 set = $79.99Tupperware- 9 containers w/ lids x 3 = $43.38

Cups- 16 cups = $28.39Bowls-16 bowls = $35.98Plates- 12 plates = $16.76Cooking Utensils- $36.92

Trash Can- $134.00Table & Chairs- $114.10 + $487.98 = $602.08

Toaster- $39.99----------------------------------------------------------------------------------

Total amount- $1,092.08

Lauren Massaro

Kitchen

Lauren Massaro

Living Room:L-Shaped Sectional- $2,256.99

2 End Tables- $320.00 x 2 = $640.00Plasma Screen TV(large)- $1,399.99

Wall Mount- $49.992 Lamps- $59.88 x 2 = $119.76

7 Picture Frames- $34.99Glass top coffee table- $190.79 + $29.94(spray paint)= $220.73

Shelves Around TV- $152.99Area Rug- $84.99

-------------------------------------------------------------------------------------Total amount- $4,960.43

Lauren Massaro

Living Room

Lauren Massaro

Bedroom: King Size Bed Frame- $999.89

Mattress- $3,900.00Pillows & Comforters-$72.00

2 Nightstands- $186.99 x 2 = $373.982 Tall floor lamps- $520.91 x 2 = $1,041.82 + $18.00(2 lamp shades)

= $1,059.82Alarm Clock/iHome- $99.99

Wall Mount- $49.99Plasma Screen TV(small)- $448.00

Area Rug- $129.00-------------------------------------------------------------------------------------

Total amount- $7,132.67

Lauren Massaro

BedroomLauren Massaro

Bathroom:

Toilet Rugs/Covers/Rug- $7.97

Shower Curtain- $15.00

Toothbrush Cup- $13.00

---------------------------------------

Total amount- $35.97

Lauren Massaro

Lauren Massaro

Bathroom

Misc:

Storage Bins- $35.97

Hangers- 108 hangers = $66.00

Patio Table & Chairs- $1,980.00

Sunbrella- $800.00

-----------------------------------

Total amount- $2,881.97

Lauren Massaro

Lauren Massaro

Misc.

Complete Amount:$1092.08

+ $4960.43

+ $7132.67

+ $35.97

+ $2887.97

* .06

--------------------------------------------------------------

Complete Amount- $15,082.56

Lauren Massaro

Tenants Rights• Grace Period for Late Payments: Wisconsin tenant rights will allow a tenant a grace period of 5

days after the due date to pay off rent without creating any complications. The landlord will have no choice but to wait for 5 days after a rent due date to begin eviction procedures. If the tenant pays off the rent in those 5 days of grace time, the landlord is not permitted to begin eviction procedures according to Wisconsin tenant rights guidelines.

• Security Deposits: The landlord must give reasons in writing for refusing to return all or part of the security deposit. State law requires the landlord to provide this information within 21 days of the tenant vacating. The tenant must give the landlord his or her new address.

• Illegal Evictions: The time of year has no legal effect on eviction. Instead of approaching the courts to obtain an eviction order, some landlords will resort to illegal eviction methods by locking the tenants out of their apartments or by shutting off their utilities. Tenant rights will protect tenant in these situations and they will be allowed to move back into the property with legal assistance even though they might have not paid rent or might have broken the terms of the lease.

• Privacy Rights: According to Wisconsin tenant law, a landlord must provide at least 12 hours of notice, in writing, before entering an apartment. Illegal entries without notice may be reported as an offense that relates to trespassing.

Lauren Massaro