The risks and costs of condo rentals

Renting a condo is not like renting an apartment. You’re likely to encounter a range of unexpected fees, delays and restrictive policies, some of which may even come as surprises to the condo owner / landlord.

Almost exactly a year ago I sat down with an old friend, Tim Brent of Chicago Apartments and Condos, to talk about some of the issues in renting condos. The video’s well worth watching if you’re considering a condo rental.

If you’ve found a condo you want to rent, don’t deliver a deposit check until you’ve seen and understood exactly what your costs will be and what hoops you’ll have to jump through before moving in.

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