Anyone who rents a luxury/townhouse type apartment

If so, do you like it there- what are the pros and cons (aside from clearly dumping money into rent)

TIA!

Re: Anyone who rents a luxury/townhouse type apartment

I saw your other post, about purchasing the co-op or renting the townhouse. I, myself have never lived in a townhouse, but my SIL lived in the ones you are lookng at (I think...Brookwood in Coram...?)

Anyway, it was really nice, great community, yadda, yadda, yadda...I know she left after her 1 year lease was up because the rent went up $200/month. I'd just hate to see you have to move after the first year, or then wind up paying wayyy more than the mortgage would be. It's a tough decision.

Re: Anyone who rents a luxury/townhouse type apartment

Thanks

Re: Anyone who rents a luxury/townhouse type apartment

We have rented in a townhouse for about 4 years now. We just bought a condo but we LOVE it in our apartment. It is huge, well kept, we have tons of ammenities and we have great neighbors. We have a brand new kitchen, 2 baths, french doors, a spa tub. For us, it is well worth the money.

Our rent went up minimally every year...bout $25 or so a month. The only con is of course paying the crazy rent.