Five Surprising Benefits of Paying Your Rent Online

Are you reluctant to pay your rent online? Well, there are a few benefits of paying your rent online that you might not have considered. All communities managed by Grady Management offer online payment options for renters that give you a chance to take better control of your finances, remove some stress from your day, and even improve your credit score. Check out the benefits below:

Build Your Credit with Credit Reporting

 There are lots of advantages to improving your credit score. A good score can help you get a lower interest rate for financing a car or other large purchases, and even help you buy a home one day. If you’re paying your rent on time every month that’s likely your largest recurring payment, which can make a positive impact on your credit score. Many Grady communities now offer the opportunity to directly report your rent payments when you pay your rent online. There’s nothing else you have to do. This system makes it simple, secure and effective to build your credit.

Reduce Your Stress with Automated Recurring Payments

 To make sure you’re always paying rent on time, building that credit score, and avoiding late charges, online payment solutions offer convenient reminders via email and text. Even better, many systems offer autopay options so you can set it and forget it. With autopay you’ll be paying on time, all of the time and any late fees will be a thing of the past.

Accommodate Your Busy Lifestyle with Mobile Payment Options

 If you’re out and about and receive that text reminder that your rent is due, what do you do? It’s simple. It’ll only take a couple of minutes to click to pay online via a mobile-friendly website or payment app. Most solutions let you pay anytime, anywhere, accommodating renters whether you’re at your desk or on the go.

Five Ways Apartment Residents Can Enjoy Summer At Their Apartment Community

Not planning a large vacation this summer?  Not a problem for apartment residents!  Residents can enjoy summer fun at their communities. Below are five apartment community activities that are perfect for the summer months:

Enjoy a movie night: Not a fan of the heat? Not a problem! Apartment residents enjoy a movie night inside during warm summer months.  Some apartment residents can access a community clubhouse with televisions and/ or professional screening rooms to host a movie marathon.  Others can host movie nights inside their apartments. 

Relax by the pool: For residents trying to soak up the sun, the pool is a great amenity open only during the summer months. Apartment residents may have access to a community pool, a perfect, close-to-home spot to spend a hot summer day.

Grill delicious food for friends and family: For residents with access to grilling stations and/ or outdoor grilling features, it is easy to host a barbecue to celebrate the summer season.

#ApartmentHacks: Why Buy Renters Insurance

Did you know your landlord’s property insurance won’t help you if disaster strikes. It covers the structure, but not any of your things. Renters insurance covers your belongings from all the possible bad events that are listed in the policy, such as fire, smoke, water damage, windstorms, lightning, theft and vandalism.

Even if you don’t think your stuff is worth that much, renters insurance is a good idea. The cost of replacing just a basic wardrobe and only a few pieces of furniture adds up quickly.
And renters insurance covers more than your personal belongings at home.  Here are seven other things a policy covers:

1. Hotel Costs

You don’t have to couch surf while your apartment is undergoing repair after a disaster like a fire. Renters insurance includes “additional living expenses” coverage if your place becomes uninhabitable after a disaster and you need to find somewhere else to live temporarily. The coverage would reimburse you for extra expenses, such as the cost to stay in a hotel or rent another apartment.

2. Medical Expenses

If a visitor gets injured at your apartment, renters insurance would pay the medical bills up to the policy’s limit. A typical policy includes $1,000 to $5,000 worth of medical coverage, according to the Insurance Information Institute.

3. Damage to Others' Property

Renters insurance provides liability insurance to cover injuries or property damage you and your family members cause others.  Let’s say your kid breaks a neighbor’s rare antique vase, your policy could pay to replace it.

4. Legal Costs

If someone gets injured in your apartment or you accidentally hurt somebody and are sued, the liability coverage on a renters policy would pay your legal costs and court awards, up to the policy’s limit. You choose the amount of liability insurance when you buy a renters policy. Limits usually start around $100,000.