14 Mansions You Can Rent Right Now

Mansions usually carry sky-high price tags that keep them out of reach for most of us. But believe it or not, a small selection of these elegant edifices can be yours for a night. As most accommodate several guests, you can even split the cost with friends or family and revel together in the lap of luxury for a while, at least. Click through for a peek at some outsize but not entirely out-of-reach properties available for rent around the country.
Bob Vila : Trusted Home Renovation & Repair Expert

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4 Things You Can Do if You Can’t Pay Rent on Time

There are times when your spending can get away from you, and it can make for a stressful time when all your bills start piling up at the beginning or end of the month. Many people find themselves in a bit of a bind when their landlords are expecting rent, so what are you supposed to do if you don’t have the proper funds sitting in your account on collection day?

Should you try to ignore the problem and hope your landlord won’t notice you’re a day or two late? Should you send a check you know is going to bounce or “forget” to sign it because you know it’ll cause a delay? Probably not. There will likely be consequences if you’re caught (like late fees), and there are other ways you can solve this problem.

In this post, we’ll discuss four things you should do when you know your rent is going to be late.

1. Tell Your Landlord Your Rent Will Be Late

Barring extenuating circumstances, like if your bank account is hacked and drained or other unforeseen financial emergencies, you should know within a couple days of your rent due date whether or not you’ll have enough money to cover it. The moment you know you won’t be able to pay on time, inform your landlord.

Any notice you can provide your landlord with will work in your favor because it demonstrates your willingness to be transparent and to take responsibility for the late payment. The worst thing you can do is try to sneak a late rent payment past your landlord because they will likely notice you’re late, and you will have shown them that they can’t trust you.

Explain your situation to them and do it in an honest and concise way. They’ve probably heard every excuse in the book, so just take responsibility rather than giving them a sob story.

2. Discuss the Possibility of Partial or Delayed Payments with Your Landlord

Informing your landlord that you’ll be late on your next rent payment opens up the opportunity to negotiate a payment plan.

Some landlords are willing to accept partial payments, usually where you pay part of the total rent amount on the day it’s normally due and then the rest when you get your next paycheck.

Other landlords are willing to accept a late rent payment if they’ve been given some notice and you pay it within one or two days of the due date.

Keep in mind that your landlord can still charge you a late fee for late rent—odds are there’s a clause in your Residential Lease that explains the late rent procedure and states the amount of the fee. However, being candid with your landlord might increase the chance that they’ll waive the late fee altogether.

Just remember, if you come to alternative arrangements with your landlord, you should get it in writing just in case. It’ll help prevent the possibility of any disputes with your landlord later.

3. Consider Re-evaluating Your Budget

It doesn’t hurt to take a look at your budgeting efforts, especially if not paying rent on time is becoming a common occurrence for you. You might need to re-evaluate what your wants, needs, and wishes are and how they play out in your monthly budget.

You don’t want to make a habit out of being behind on rent because your landlord has every right to serve you an Eviction Notice if you’re consistently paying late.

4. Ask for Help with Your Finances if You Need it

Most people will experience some kind of financial turmoil at least once in their lives. Don’t be afraid to ask for help.

Many people turn to payday loans when they’re in a financial jam, but these kinds of loans can often start a revolving cycle of taking out more loans to pay off the original loan.

Before resorting to payday loans, consider some of these alternatives:

  • You can ask friends or family for a loan (which you can secure with a Promissory Note to put them at ease).
  • If federal student loans are causing your financial trouble, you can always apply for a deferment plan that puts a hold on your monthly payments for a limited time.
  • If credit card debt is your issue, you can ask your credit card company about their hardship programs to see about lowering your monthly payment.
  • You can apply for a Modest Needs grant which can get you up to $ 1000 one time to help make ends meet provided you are currently employed.
  • Organizations like 211.org can connect you with local charities to help you out with rent assistance.

Finding a Payment Solution

If you’re unlucky enough to have a drained bank account come rent time, don’t be discouraged because you can’t find a way to pay. Consider using the tactics discussed in this post to help with your problem.

Don’t try to be sneaky with your landlord. It’s likely they’re keeping track of which tenants haven’t paid on time and who’s making a habit out of it. Communicate openly and honestly with them about your situation, discuss alternative payment plans if possible, re-evaluate your budget, and ask for help if you need it.

The post 4 Things You Can Do if You Can’t Pay Rent on Time appeared first on LawDepot Blog.

LawDepot Blog

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How to Rent a Room in Your House

If your home has extra space, including a spare bedroom, you may have considered renting it out to a tenant. Given that the space likely remains empty throughout most of the year, there’s no reason not to rent it out and make some additional money every month.

Renting a room, however, isn’t as easy as posting a room rental ad on Craigslist. In this post, we cover some important questions to ask yourself before you decide to rent a room in your house and where to start if you decide to do so.

Find Out if Renting a Room is Right for You

Before you decide to rent a room in your house, it’s a good idea to determine if it’s a right fit for you, the members of your household, and your house itself.

Some questions you may want to ask yourself before advertising a room for rent could include:

Do you have enough space for another person?

You may have an extra bedroom, but if you have a small kitchen, one bathroom, and a tiny living room, things could get congested (and people could get cranky), which means you may want to rethink your decision simply due to lack of space.

Do you live with others who should be consulted before a tenant moves in?

Perhaps you have sole ownership of your house but live with your two teenage children. Although they cannot legally prevent you from renting a room to a tenant, you may want to gain their approval in order to maintain stability in the home. If not, you may find yourself in the middle of an awkward, unprofessional situation when your unhappy teens start making snarky comments to your tenant.

Do you have places in your home you would forbid a tenant from entering?

When you rent a room, you don’t necessarily have the luxury of a separate entrance, which means you’ll have to consider how valuable your own privacy is before deciding to rent out a chunk of your home.

For instance, if you have sensitive work information on your computer and no lock on your home office door, you may want to reconsider renting until you invest in a more secure room for your valuable workstation.

Create the Proper Rental Agreement

When you live with your tenants, it can be easy to underestimate the issues that can potentially occur. After all, you’re living inside the home; what could your tenant possibly do, especially in front of you, that could negatively impact your living situation?

In truth, renting anything—a room, house, or apartment—without an agreement is not a good idea. Agreements ensure all parties understand their rights and obligations and can help ease any conflicts that may arise in the future.

For a room rental, a proper Residential Lease is essential. It will safeguard your property and make sure the tenant knows all the important details of their living arrangement, including how much rent they must pay, what part of the property they can access, and more.

In addition, there are aspects of shared living that you may want to address when renting a room, which you could add to your agreement, if it isn’t there already (with LawDepot’s Lease Agreement, this can be done by adding an additional clause). For instance, you may want to consider:

  • House rules and repercussions: are there any specific rules you want to address, and what happens if a rule is not followed?
  • House chores: how will things like household cleaning be divvied between you and your tenant?
  • Parties: what constitutes a party as opposed to a formal gathering?
  • Guests: how long can a guest stay in the home, and can guests stay overnight?
  • Smoking: can tenants smoke indoors, and if not, where can they smoke outside?
  • Pets: can tenants have a pet on the premises, and if so, do you want them to pay a pet deposit or fee to cover any damages the pet may potentially cause?

Without rules, a positive living situation can turn sour in a heartbeat, so it is important to address them at the start of the tenancy.

Know Your Landlord Rights and Obligations

A typical rental situation involves various landlord rights and obligations, including:

  • How repairs will be handled
  • When the landlord can legally enter the tenant’s space (i.e. by using a Notice to Enter)
  • How pests and other problems such as late rent payments will be dealt with

For a room rental, landlord-tenant rights and obligations can blur a little.

For instance, if you are renting a room in your house to a friend, it may seem okay to knock or open their bedroom door to check if they have left for work for the day. However, your tenant has a right to privacy from their landlord, which may include impromptu or too-frequent visits.

Overall, it may be a good idea to set boundaries early on, such as which landlord-tenant interactions are acceptable or not.

Preparing to Rent a Room in Your House

Not everyone has the patience and diplomacy to live with another person, let alone a tenant, which is why you should always start by determining if you can handle a renter in your space before you decide to move forward.

After this, maintaining a positive living situation is a matter of creating the appropriate agreement, knowing and asserting your rights as a landlord, and understanding and committing to your obligations to the tenant.

The post How to Rent a Room in Your House appeared first on LawDepot Blog.

LawDepot Blog

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Rent the Runway Alters ‘Predatory’ Late Fee After Daily Beast Story

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Rent the Runway has changed its late fee policy a little more than a month after The Daily Beast reported on it in April, lowering its “20-day penalty” charge for late or missing dresses from 200 percent of the retail cost of each dress to just 100 percent of the retail cost of each dress.

The women’s retailer rents designer dresses originally retailing hundreds of dollars to women across the United States for as little as $ 35 per item.

After a designated number of days, renters must return their items through a UPS store or drop box in a pre-labeled package that Rent the Runway supplies to them.

Read more at The Daily Beast.

The Daily Beast — Fashion

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In Belize you can rent a whole island for $500

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Are you bored of the same vacation spots? Bored of having to deal with all of your fellow tourists? Ever wanted to feel like a king but without the hefty price tag? Every wanted to just get away from it all? Ever wanted your own private island? If your answer is yes to all of those questions, then you’ll be amazed and pleased to know that your dreams can become reality as it will only cost you $ 500 to rent a whole island in Belize.

Where is it?

Bird Island is located in the middle of the ocean, off the coast of Placencia, in Belize. It is currently being rented out on the holiday rental site, Airbnb, for just $ 495 a night! There is a minimum three-day stay – but come on, who would turn that down? The island is slap bang in the middle of some of the best snorkeling, kayaking, and swimming conditions, and is perfect for anyone wanting a relaxing and tranquil getaway.

What does it offer?

The little island comes complete with three bedrooms and is suitable for four people. So get some mates together, because you’re going to Belize! But it doesn’t stop there. As well as full access to the entirety of the private island, Bird Island also offers a few extras in with the price. There’s a kitchen to cook up some fresh (quite literally) fish, two kayaks, Wi-Fi and a phone, a lookout tower with sun deck, and transportation to and from the town of Placencia.

You’re not too far away from civilization

We all know from Lord of the Flies that staying on a secluded island can make you all turn a bit loopy. We’re not saying this will happen because let’s be honest; this island is a little slice of paradise. However, if you wanted to take a break from the seclusion (or you get a bit sea sick) the town of Palencia is just a 20-minute boat ride away.

It’s not your average vacation

One thing to note about the incredible Bird Island is that it’s not your typical resort vacation. You won’t have room service, you won’t have someone coming to clean your room, and there isn’t a restaurant nearby to cook your dinner. This really is a DIY vacation. You get the whole place to yourself, but you’ll also have to look after yourselves. So don’t expect all-inclusive luxury! Expect natural, back-to-basics luxury.

It’s proving pretty popular

The idea of renting out your own personal island is proving pretty popular – and we’re not surprised. The island has been the main feature in numerous travel blogs, magazines and has been one of the main homes for Airbnb’s ‘Like This, Live There’ campaign back in 2016. This really is a little slice of paradise, and it could be yours for less than $ 500 a night.

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The post In Belize you can rent a whole island for $ 500 appeared first on Worldation.

Worldation

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I Wanted to ‘Rent the Runway.’ What an Expensive Mistake.

Photo Illustration by The Daily Beast

When I rented a Rent the Runway dress two months ago, along with a second dress they offered at a discount for first-time customers, I thought I had hit the fashion jackpot.

The two designer dresses cost me $ 99 total, despite each retailing for well over $ 250 each, as is the promise with the retail company. But in reality, Rent the Runway (almost) hit the jackpot with me.

The company’s concept is simple: It amasses designer dresses, then allows women to rent those dresses for a fraction of the original retail cost.

Read more at The Daily Beast.

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The Daily Beast — Fashion

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At What Age Should Kids Pay Rent? One Mom Says 5 Years Old Is Not Too Young

At just 5 years old, one little girl is learning more than the fundamentals of reading, writing, and arithmetic. She’s being taught how to manage her finances, save, and budget from her mother, who makes her pay rent each month. According to her mom, Essence Evans, it’s never too early to teach a child real life skills and a lesson in financial responsibility.

Last week, Evans received international attention after she revealed on Facebook that she gives her daughter a $ 7 allowance each week, but requires her to pay $ 5 toward the family’s rent, food, and living expenses. Her daughter gets to keep $ 2 for herself or put the money away for saving. The Georgia mom said she’s doing this to teach her child about “the real world.”

 

“I explained to her that in the real world most people spend most of their paycheck on bills with little to spend on themselves,” Evans wrote in a Facebook post that has since gone viral. “So, I make her give me $ 5 back. $ 1 for rent, $ 1 for water, $ 1 for electricity, $ 1 for cable, and $ 1 for food.”

The money that Evans is charging for rent is not just being used to teach her about money management. She’s actually saving the money for her daughter’s future.

“Now, what she doesn’t know is the $ 5 is actually going away in her savings account, which I will give back to her when she turns 18,” she wrote. “So if she decides to move out on her own she will have $ 3,380 to start off. This strategy not only prepares your child for the real world. But when they see how much real bills are they will appreciate you for giving them a huge discount.”

The post sparked an internet debate over whether Evans is exhibiting good parenting skills or being too hard on her daughter.

“I think this is absolutely amazing! It is a great way to teach her how the real world works and to get her a little savings account of her own so she has a good start when she moves out or goes to college or whatever she chooses to do,” Jennifer Barfield wrote in response to the post.

One social media user shared a story of how his father used a similar tactic on him as a child. “My father did that with me. I never complained. But when he died, he left me close to $ 28,000. I was shocked,” wrote Jim Koloski, according to WSB-TV.

Others, however, criticized Evans for being too harsh. “Poor kid stressing already. Can just telling your child and showing them the way not do the same justice without elimating [sic] the joyful carefree days of childhood,” wrote Kezi Chinekezi.

“Although I agree with the lesson, I think 5 is too young. Let’s let kids be kids,” added Scott Kays. “Teach life lessons by example. I just think a 5 year old should get to live in a magical world where lessons are taught through amazing adventures and creativity! It would be a good way of introducing economic responsibility at a later time! Good idea though.”

 

The post At What Age Should Kids Pay Rent? One Mom Says 5 Years Old Is Not Too Young appeared first on Black Enterprise.

Money | Black Enterprise

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Shop select Free People sale and clearance items at Bloomingdales.com!

How to rent a car abroad

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When you travel abroad, you want to have the freedom to go where you please and do some of the amazing things on offer. And, a great way of getting a little more independence is to rent a car while you’re there. Now, this is something a lot of people do when they go away, and it is one of the best ways of getting around, especially when you travel as a family.

But, you have to know as much as possible about the process when it comes to renting a car abroad. Making the right choice is important for helping you to have the perfect vacation experience. However, you have to remember that the process for renting a car, and, indeed, the rules of the road, can vary a lot from nation to nation, and this is something you have to keep in mind. These are some of the key things you need to think about if you want to rent a car abroad.

Rules of the road

A lot of countries drive on the opposite side from what you might be used to. Don’t assume that all nations are going to be the same – this is a mistake people often make. You’re going to need to get the hang of driving on the wrong side and basically look at everything you’ve learned the opposite way around. There are other things that are less obvious, so make sure you follow and adhere to the rules of the road in the place you’re visiting.

Insurance

Make sure you sort your insurance out with plenty of time to spare before you actually go on your trip. If you leave this until the last minute, there will be a panicked rush when you arrive at the rental desk, and you will almost definitely pay over the odds. So, be sure you get this all sorted out with plenty of time to spare, and that you are covered as much as possible for driving abroad.

Do you need an automatic?

This is an important consideration because in many (most) countries the default rental car will almost always be a manual one. If you have practiced in an automatic, and you drive an automatic, this is not going to suit you. So, you have to make sure you do as much as possible to ensure you arrange or organize this well in advance. There will more than likely be opportunities to rent automatic, you will just need to make sure you plan it as much as possible.

Know your limit

Look, drinking and driving is not cool period, but, we understand that you may want a glass of wine or a beer with lunch on your vacation. In that case, you have to be aware of the limitations because they can vary from country to country. Some countries have a zero-tolerance policy, while other countries can be a little more relaxed – you have to know what the limit and policy is for your trip before going.

These are some of the considerations you will need to make before you head out on your vacation in a rented car. There are so many things to consider, and it is important to ensure that you abide by the rules of the road and that you are comfortable behind the wheel of your rental car. This is something that is going to be incredibly important, so you need to use some of the ideas on here to get you started on the right path.

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The post How to rent a car abroad appeared first on Worldation.

Worldation

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Has my rent renewal application been approved?

Dear John: I’m an elderly widow living in a rent-controlled apartment. My only income is Social Security. About 18 years ago, I went to the Department of Aging, and it froze my rent at $ 378.26 a month. Every two years since, I went to the library and asked for a special re-application form and I…
Business | New York Post

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Would You Rent Out Your Underutilized Clothing?If you haven’t…

Would You Rent Out Your Underutilized Clothing?

If you haven’t heard, fashion retail as an industry is imploding. Major department stores such as J.C. Penney and Macy’s have announced over a hundred store closures. Menswear stalwarts such as J. Crew and Ralph Lauren are bleeding money. Payless filed for bankruptcy; Urban Outfitters say they’re overextended; and malls all over the country are quickly becoming ghost towns

Even online retailers – who are largely responsible for the demise of brick-and-mortar – are worried about Amazon’s expansion into fashion. Once Amazon gets their production chains set up, it’ll be hard to compete with them in terms of price and delivery. That means retailers in the middle of the market will likely get squeezed, much like what’s happening with J. Crew. 

This has caused a lot of hand wringing as people try to think of new business models (or strategies to shore up old ones). Leffot and The Armoury, for example, recently opened online consignment shops, where they sell their customers’ old clothes. 

One of the more interesting business models I’ve heard about is Style Lend, which is essentially a real life Rent-A-Swag. Members sign up and rent clothes from other members’ closets, making the company’s inventory, stocking, and renting system nicely decentralized. This is different from, say, Rent the Runway, where customers rent from one big fashion company. Style Lend doesn’t keep an inventory; everything is peer-to-peer (although they take care of the dry cleaning and deliveries). 

In an interview with Loose Threads, Style Lend founder Lona Alia put it like this: 

Seeing how Airbnb was utilizing idle space or Uber was utilizing idle cars, I thought, we have these items in our closets and there are $ 50 billion of them in the U.S. or more. Why not rent them out to other women and make another woman’s day special?

Frankly, the idea sounds brilliant. It probably wouldn’t work for suits, which have to be tailored to each person, but it would be great for casualwear. How many times have you hesitated to buy an adventurous piece because you weren’t sure how often you’d wear it? Or, conversely, how much of your closet sits unused? Imagine if you could recoup some of that money by renting it out (not any crazier than people renting out their homes through Airbnb). Lona Alia says some of her members have seen a five-fold return on their purchases – a popular $ 500 dress renting enough times to net $ 2,500 (although her company takes half of those profits). 

Of course, you can also sell your clothes nowadays through any number of channels. However, if you’re anything like me, you often don’t let things go because you think you might want to wear it in the future. Renting seems like a perfect compromise.  

Style Lend is only for womenswear right now – and there’s reason to wonder whether the menswear market is big enough to sustain this kind of model – but this is one of the more interesting ideas I’ve heard in a while. And, to boot, it would be great for environmental sustainability. You can hear Alia’s interview at Loose Threads.  

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FASHION UPDATE:

Elvis Presley’s Former Beverly Hills Estate for Rent at $4k a Night, 5-Night Minimum

Elvis Presley once lived like royalty in Beverly Hills — ya know, ’cause he was THE King — and now you can too … if you’ve got $ 20k to blow on an epic sleepover. Elvis’ former Bev Hills estate is now for rent at $ 4,000 a night — but there’s a…

TMZ.com

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Here’s the Wage You Need to Rent a 2-Bedroom Apartment Around the Country

Don’t move to California.

Lifestyle – Esquire

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This Animal Therapy Center Lets You Rent Dressed Up Llamas For Your Wedding Day

For BRIDES, by Alexis Hobbs.

Save the drama for a llama on your wedding day. No, really! For brides getting married in the Portland, Oregon, or Vancouver, Washington, area, your llama dreams can now be turned into reality. Mtn Peaks Therapy Llamas & Alpacas is offering an exclusive service to brides and grooms who want to make sure their wedding is the most talked about event of the year. Because we mean, what’s more memorable than some dressed up alpacas at your reception?

See More: This Magical Wedding Featured a Unicorn Petting Zoo

According to the non-profit organization’s website, their llamas — named Rojo, Smokey, Diego, and Jean-Pierre — are pros when it comes to socializing at special events. “Always decorated to compliment, our llamas can easily handle all ages, and any size of crowd. More than just entertainment, we provide a unique interactive experience for your guests that most have never experienced before.”

While getting the life-changing (yes, we said life-changing!) experience to hang out with a llama may be enough to convince some couples to double-down on this wedding expense, we have a feeling the next little tidbit will thrill our do-good brides: ALL of the proceeds from these lovely llama events will go toward funding the organization’s Therapy and Education Program. Win, win, hooraaay!

See More: The 50 Most Beautiful Wedding Cakes Ever

But just as weddings can be unpredictable AF, these furry guys don’t necessarily come with a guaranteed presence on your big day. “To avoid undo stress for our animals, we may not be able to fill requests which would require us to travel during peak traffic times,” the website notes. “We also may have to cancel event appearances where there is the possibility of extreme heat, ice, or snow.” Spring wedding it is!

More From BRIDES:

How To Find The Perfect Wedding Dress For Your Body Type

The 61 Best Celebrity Engagement Rings

The 50 Best Places to Get Married in America

The 12 Top Spring Wedding Dress Trends from the Runway

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Weddings – The Huffington Post
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