'For Rent By Owner' is a term used in the real estate industry and it is almost exactly what it sounds like. The term 'for rent by owner' ("FRBO") describes when an apartment or home is rented out directly by the owner or landlord themselves, as opposed to via a...
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About the Author: Joshua Mark
ย This content was posted and edited by Joshua Mark and the Fidelity Management Corporation team in Philadelphia, PA. The Fidelity Management Corporation team is a family business that has extensive experience in the fields of apartment rentals, leasing, and property management, through 50+ years of operating, owning and managing apartment complexes.
ย As a team, we have extensive experience and knowledge with respect to answers that many renters look for during their quest to find a suitable apartment, including a depth of knowledge on topics such as sound control, construction, and quality of an apartment. This experience from the Fidelity Management team comes from operations (being in apartment rental business for 50+ years), in formal education with a member of the team holding a Bachelor of Science in Civil Engineering, as well as decades of hands-on experience in the construction field building and developing many single-family homes, residential single-family home and townhome communities, condominiums, and apartment complexes.
ย Our experience can provide helpful tips and tricks for renters looking to find the right apartment for their family, and potentially avoid costly mistakes.
ย While we write some content specific to greater Philadelphia market, the vast majority of our content is meant to address rentersโ nationwide who are either beginning the apartment search, about to decide (select) an apartment, or wish to find a better place to live.
ย Nationally, this content and expertise has been recognized confirmed by some of the apartment industryโs most reputable resourcesโฆas inclusions or references in articles that have appeared in:ย ApartmentGuide.com,ย Rent.com, RentCafe, The Balance, MyFirstApartment, and many others.
What is a Rent Concession?
Where most industries use the term coupon, in apartments the term concession is used. A rent concession is a discount or adjustment made to rent, security deposit, or other fees typically due and owed to the landlord. For example, a $500 concession, usually means you...
Most Expensive Neighborhoods in Philadelphia
Thinking of renting in Philadelphia and want to know what kind of rents are around. The most expensive neighborhoods in Philadelphia are Washington Square West, Society Hill, Rittenhouse, Old City, and Fitler Square. Read on to learn more about specific costs...
Is Living Alone Better than With a Roommate?
While there are distinct advantages to living alone, such as peace and quiet, there are also potential disadvantages such as higher rent bills (since you are not splitting them), potential loneliness. Find out why some people prefer it and others do not. Advantages of...
How to Find Philadelphia-Area Apartments with Swimming Pools
Just 2 percent of apartment complexes in Philadelphia come with a swimming pool (source: Costar). This means they're hard, but not impossible, to find. It depends, in part, on the neighborhood you're looking in. If you're beginning your apartment search and a swimming...
How Much Money To Save Before You Can Get An Apartment?
How much should I save before moving into an apartment? This is a common question we hear from prospective first time renters. When you look to rent an apartment, you want to make sure that: You have enough saved up for expenses due upon move in You can afford...
Far Northeast vs Near Northeast Philadelphia
You may have heard people refer to Far Northeast versus Near Northeast Philadelphia, but what's the difference? In this guide, we will break it down for you. Here's a hint. The terms Far and Near (Northeast) refer to relative distance from center city / downtown...
Can Renters Put a Smart Lock on the Apartment Door?
If you're thinking of renting an apartment, there may be a few nuts and bolts to iron out before signing on the dotted line. One question you may have: can I put a smart lock on the apartment door.? This guide will delve deeper into answering this question. Who Can...
10 Bakeries in Northeast Philadelphia
We recently wrote a blog post on the top Northeast Philadelphia Restaurants, but sometimes you want a delicious freshly baked slice of bread or donut with your coffee in the morning. The good news is that if you live in Northeast Philadelphia, you have a myriad of...
8 Best Furniture Stores in Northeast Philadelphia
If you're renting or living in Northeast Philly and need to buy some furniture, the good news is there are plenty of great stores around you. In this list, we'll take a look at some of the best furniture stores located in the northeast part of Philadelphia. Bobs...
6 Most Common Reasons People Move Out of an Apartment
People may choose to move out of an apartment for a variety of reasons. Sometimes it is because of a personal or financial issue - new job, new house, life change, or change of income. But sometimes... it is because of specific issues. Here are 6 of the most common...
6 Delicious and Diverse Outdoor Dining Spots in Northeast Philadelphia
Looking for outdoor seating and places to dine in Northeast Philly? You're in luck with plenty of delicious and diverse options at your disposal. Macaroni's (9315 Old Bustleton Ave, Philadelphia, PA 19115) Macaroni's is an Italian restaurant that has been part of the...