Foxridge Collegiate Apartment Homes

750 Hethwood Blvd. 100G, Blacksburg, VA 24060
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Apartment Homes Blacksburg, VA Blog

It's so Fun Living in a College Town!

Joseph Coupal - Monday, October 08, 2018

Foxridge apartments, Blacksburg, VALiving in a college town might seem like an unusual decision once you're out of school. Sure, living there might make sense while your own children are in school, if you're going back to college to enhance your career or if you're taking a teaching opportunity. But if you aren't connected to the university, staying in a college town or choosing to move to one might seem like a strange choice. It isn't.

Let's be clear as to what a college town is. Here, we're talking about a smaller community in which a large university provides employment for a significant portion of the town's residents, and many other residents are involved with businesses that serve students and alumni. In these towns, the student population makes up a significant part of the population.

College towns offer a number of perks beyond simply having university-level classes down the street.

Here are five benefits that come from living in a college town.

Low cost of living. College towns tend to have a low cost of living. After all, landlords are often renting properties to college students without a lot of money.

Often, the sticker price of rent in such towns is fairly low, but the leases may involve a lot of protection for the landlord against property damage. If you're a mature adult who isn't going to have a big party every weekend, you're likely to avoid all of those extra expenses.

Furthermore, such towns are often full of a wide variety of low-cost services, such as inexpensive restaurants and many secondhand shops, which are usually well-stocked. They typically have good yard sale markets since students often buy items and leave them to be resold when they depart.

Cultural opportunities. College towns often attract cultural events and tours from musicians, stage companies and speakers that would not otherwise come to a town of that size. This gives you the opportunity to live in a relatively small-town environment while still seeing top-notch cultural events.

Sometimes, these performances and concerts are on campus but open to the public, so you may want to watch the schedule of events there. Many college towns, however, have other venues, such as bars and small concert venues, that are often used by traveling performers. There's usually something to see or do all the time, at least in comparison to other towns of similar size.

Low-cost entertainment opportunities. The universities themselves tend to provide an abundance of low-cost or free entertainment opportunities to the community. For starters, politicians, authors, celebrities, artists and other public figures often appear at universities and colleges in speaking and question-and-answer forums that are open to the general public for free.

Beyond that, universities and colleges often have a range of special-interest groups that work to share that interest with the broader community, offering demonstrations and events on campus and in the town itself. Pay attention to the local news, community calendar and college's calendar to find all kinds of low-cost entertainment options.

Easy ways to make money. Many universities have thriving research projects that seek out citizens of the surrounding town for paid opportunities. You might be paid to play a game or eat a strange food and give your thoughts on the experience, for example, as researchers study some aspect of what you're doing. It can often be an easy way to earn a few bucks.

Plus, many college towns have businesses that offer simple ways to earn a few extra dollars. While these businesses might target students, members of the community are typically welcome. You might be able to make extra money from donating plasma, driving for a ride-hailing service or offering up transcription and editing services through sites like Upwork (both professors and some students will use this).

Exceptional medical services. If you choose to live near a university with a good medical school, you'll have access to top-notch medical services at a reasonable price, which can be a great bargain. Medical schools tend to offer a wide variety of medical services to the public, with those services used as learning opportunities for students.

For people in town, this typically means that medical appointments and procedures involve an experienced doctor paired with a student or two. The student learns about the practice of medical care while the doctor tries to provide a good model for the student. Thus, if you don't mind having a student watching and learning from your medical visits, using the local medical school's services can be a great bargain for excellent care.

All in all, there are a lot of perks that come from living in a college town beyond the educational opportunities. Don't overlook those benefits.

For more information on apartments in Blacksburg, VA contact Foxridge.

#HowYouLive

Money- USA News


Apartment Hunting: How to Find the Perfect Place in Blacksburg, VA

Joseph Coupal - Monday, October 01, 2018

Foxridge apartments, Blacksburg, VAThe rental market is hot! There are apartments all over with a variety of amenities that match a variety of budgets -- you just have to find the one that’s right for you.

Finding an apartment isn’t always easy, but we’re here to help.

Check out these four top tips to discover your perfect apartment so you can live comfortably.

1) Choose Your Top Home Priorities

Everyone has different priorities for their apartment. Figure out what your top must-haves are.

  • Do you want to live in a neighborhood that’s kid-friendly?
  • Do you want to be close to local nightlife and events?
  • Do you want to be near a park or want to feel safe going for a run around the area?

Know what you want in an apartment and an apartment complex before you even start your search. From in-unit washer-dryers to an exercise facility, you can determine the most important amenities for your search.

When you start looking around to see what meets your needs, you can eliminate options that don’t have your top criteria.

2) Figure Out What Neighborhood You Want to Live In

One of the best things about the Bluffton area is its diversity. You have plenty of options for what type of neighborhood you want to live in.

As you start looking for a new place, decide which neighborhoods meet your needs and start your search there.

For example, do you want to:

  • Find a place where you can run every morning?
  • Find a place where you can smell bakeries and restaurants?
  • Find a place in the heart of Downtown so you can walk out your door to restaurants and local events?

There are so many neighborhoods to choose from that you can narrow your search by looking in a few choice areas, and then expanding from there.

3) Do Your Research Online

Even if you think you found the apartment of your dreams, it could quickly become a living nightmare. Tenants across the world have horror stories about checked-out landlords, appliances that go weeks without repair, obnoxious neighbors, and unstoppable cockroach infestations.

A few online searches can help you uncover the true story about the place you’re considering.

See if you can find reviews from past tenants to learn about the apartment you plan to rent. You may find yourself leaning away from renting a place after you read the experiences of others who lived there.

4) Don't Forget to Build Utilities Into Your Budget

Even if you find the apartment of your dreams, you need to make sure you can afford it.

Determine what you can afford by setting aside a certain percentage of your income. While you will likely set aside more than 30% of your income for rent, you don’t want to spend more than 60-70% of your paycheck on housing.

Plus, you need to account for other expenses. Build out a budget for electricity, Internet, and other costs that come with your apartment so you’re not falling behind your budget.

Also, don't forget to budget for renters insurance. These insurance policies are fairly affordable and protect you from more than you think. A renters insurance plan protects you from costly problems like theft, fire damage, personal injuries in your home, and hurricane and flood damage.

Find Your Perfect Apartment

With a little work and a little luck, you can find a great apartment to in Blacksburg, VA.

Soon you can invite all your friends over for a housewarming party to check out your pad and all of its cool features.

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Millennials Are Renting in Virginia

Joseph Coupal - Monday, September 24, 2018

Foxridge apartments, Blacksburg, VAThe so-called Millennial generation is all about bucking tradition. They’re marrying later. They’re all in favor of nap rooms and ping pong tables in the office.

And they’re renting apartments instead of buying.

That’s not to say they don’t want to purchase a single-family home eventually:

A survey report issued by the National Association of Home Builders in January of this year showed that as many as 75 percent of those young Americans born into Generation Y do want to own their own home, and most (66 percent) want to do so in the bucolic (Virginia) suburbs.

They just don’t want to do it yet:

Another recent report — this, from the Urban Land Institute — found that a full half of Millennials rent their homes, a figure up markedly from the 37 percent of renters surveyed just five years ago.

But why?

Why are Millennials choosing to rent, and not buy?

Purchasing a home means acquiring more debt. The most obvious reason millennials are opting to rent is the crippling debt many find themselves with in their early 20s. According to the Institute for College Access & Success, 7 in 10 college students who graduated in 2012 have student loan debt. The average amount: a staggering $29,400 – and many others graduate even deeper in the hole. The amount of student loan debt has increased an average of 6 percent per year since 2008, and there is no sign of the trend stopping.

With student debt looming, it’s no wonder millennials favor a monthly rental check over additional mortgage debt. While mortgage payments can be more affordable than rent in some cities, recent graduates likely don’t have the funds necessary to make a down payment. Beyond having money for a down payment on a home, some millennials simply don’t qualify for a mortgage. Whether they are saving up for a down payment or choose to rent as a long-term housing decision, renting allows millennials to move out quickly without the immediate financial squeeze that comes with homeownership.

Apartment life is more affordable than owning a home. In addition to the upfront cost of a down payment and a mortgage, managing a house comes with a lot of additional costs: Homeowners must pay property tax, maintenance and repairs, utilities and perhaps even association fees on top of their mortgage. An apartment requires rent and utilities, which is much more manageable for a millennial on a tight budget.

To take advantage of apartment amenities. Many apartment complexes offer amenities such as fitness centers, pools, a concierge and on-site maintenance – perks that don’t usually come with your first home purchase. Though renting an apartment in a building that has luxury amenities can come with a bigger price tag, the features cut down on other bills. Instead of paying for a gym membership and rent, renters in these buildings can pay one price and get both. In fact, the idea of having access to amenities is so appealing to some young people that they plan to rent for a while.

To enjoy city life. Many young people choose to live in urban areas because they like the atmosphere. They can walk to grocery stores, take public transportation, find night spots easily, see live concerts and access great restaurants. Millennials drawn to the energy of metropolitan areas likely can’t afford to own a home there. If city living is a priority, they’ll sacrifice homeownership to get the location, and that means renting.

To maintain flexibility and freedom. Recent college graduates want to have the freedom to move around. They’re just beginning their careers and haven’t decided when and where to settle. For this reason, renting an apartment instead of moving right into homeownership is often the smarter choice. Young people can move for a new job or to simply try out another city without being tied down to a mortgage. Rather than settling down immediately after college, millennials are focused on finding the right job, a city that fits their personality and trying new things.

For more information on apartments in Blacksburg, VA contact Foxridge.

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Renting Can Help Improve Your Credit Score

Joseph Coupal - Monday, September 17, 2018

Foxridge apartments, Blacksburg, VAOn-time payments are a solid way to build your credit score. Your payment history constitutes 35% of your credit score – the largest contributor among the five factors used in calculating your score.

Payments on most debts are reported to the three major credit bureaus (Experian, Equifax, and TransUnion) for inclusion in your credit report, and credit-scoring systems use that information to calculate your credit score. However, one regular payment for many Americans is reported to credit bureaus in a purely negative fashion. When renters are late on payments or evicted, that information is typically reported to credit bureaus – but regular, on-time payments are not.

If your credit score needs a little extra boost – or if regular rent payments are about the only good thing you have to report – rent reporting services such as Rental Kharma, RentTrack, ClearNow, and Pinch are available to supply the credit bureaus with your rental payment history, so you can reap credit-score benefits. (Obviously you'll need to make on-time payments to see those benefits).

Some property management groups are already connected with a rent-reporting service, where all you need to do is opt in. Check with your landlord to see what options are available. Otherwise, you'll have to work with one of the services directly. Foxridge Apartments in Blacksburg, VA does report rent payments to credit agencies, thus helping tenants to improve their credit scores. In fact, all HHHunt properties report on-time rental payments.

As you evaluate services, check out the following:

Bureaus – Some services are linked directly with one of the three major credit bureaus. Others report to two bureaus, and a few (RentTrack, PayYourRent, and Pinch in particular) report to all three bureaus.More reporting of positive information increases the positive effect on your credit.

Fees – Services directly linked to a property management group, like PayLease or PayYourRent, may be free to you. Other fee structures vary from monthly flat fees to fees per transaction to variable charges based on your rent amount. Rent Reporters and RentTrack, among others, offer a potential quick credit boost by the addition of up to two years of past rental payment for a one-time fee.

Payment Logistics – What options do you have for payment? Are there options for linking to a debit/checking account or credit card? Does the reporting service require that you funnel rent payments through them, and if so, what are the timing and terms?

Service-Specific Details – Do you have to opt in to the service? How long should it take for rent payments to appear on your credit report? How is your personal information protected?

Landlord Requirements – Landlords may be required to verify your payments. Make sure your landlord is open to the responsibilities and verify with the rent-reporting company how any disputes with your landlord are handled.

Even if your regular rent payments are reported to the credit bureaus and incorporated on your credit report, your credit score may not be affected in the eyes of some lenders. There are several different score variations tailored for risk factors in specific industries.

To make the most out of your reported rent payments, ask lenders whether regular rent payments are included in your score. It may not make much difference, but every little bit counts when you are trying to get credit at reasonable interest rates in a competitive market.

For more information on apartments in Blacksburg, VA contact Foxridge.

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Millennials Are Moving to Virginia!

Joseph Coupal - Monday, September 10, 2018

Foxridge apartments, Blacksburg, VAThere are around 71 million millennials in America and in 2019 they are expected to surpass the number of baby boomers. That makes millennials a coveted generation for cities looking to bolster their workforce and tax base. Where millennials decide to move has enormous impact on local markets, from the cost of living to the type of food offered in your neighborhood.

Census Bureau data was used to find out where millennials are moving. To track millennials’ mobility, we looked at immigration and emigration data for 217 cities.

Key Findings

  • Old Dominion is popular – Virginia takes three spots in the top 10. In particular the southeastern portion of the state makes appearances in the top 10.
  • Big Apple no more – New York took the bottom spot on this list again. In particular residents seem to be leaving the city to venture into other states. In total around 69,200 residents moved to New York from out of state while nearly 95,000 left the Big Apple for another state.

The States Where Millennials Are Moving

4. Virginia

The South makes up most of the states in the top 10. The no. 2 ranking state is Texas, with a net influx of nearly 34,000 millennials, followed by Virginia which gained 18,300 more millennials than it lost.

For more information apartments in Blacksburg, VA contact Foxridge.

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Move-In Checklist for Renters

Joseph Coupal - Monday, September 03, 2018

Right now, as students, you might be in the midst of moving into your apartment in Blacksburg, VA. Below, we’ve listed some helpful tips for your big move! Now that you’ve prepared and packed all of your boxes, it’s time to consider the next step in the move in process. Check out these ideas to make your moving day less stressful and more exciting!

During Move In:

Watch the Packing Process: Even though your hired movers (or friends) may take the lead on moving your boxes, pay attention to where the boxes go in the truck. You’ll save yourself a lot of time in the long run if you oversee where boxes are placed.

Take a Walkthrough: Take one last walk-through of your vacated property to ensure nothing was left behind. Close all windows and make sure doors are locked and switches are turned off.

Organize Your Box and Furniture Placement: Make sure everything is placed in the proper room in your new apartment home. Tape each door with a descriptive label to assist your movers.

Unpack One Room at a Time: Once all of the boxes are in your new apartment, that’s when the fun really begins! Unpack one room at a time according to basic needs. Moving.com suggests starting with the kitchen first, since you’ll probably need counter space and appliances at some point during the week. Remember that you can take your time unpacking. Every box doesn’t have to be emptied on move in day!

Enjoy: Have a great first night in your new apartment! Make sure to stay hydrated, eat snacks, do a few stretches and take short breaks when needed.

We believe it’s how you live that matters and we’re so fortunate to have amazing residents who create lasting memories in our apartment communities. If you’re looking for a new apartment community, check out available apartments in Maryland, Virginia, North Carolina and South Carolina!

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Why We Love Blacksburg, VA

Joseph Coupal - Monday, August 27, 2018

Foxridge apartments, Blacksburg, VAWe occasionally take a look at and celebrate the communities in which we live and work. It’s an opportunity for us to highlight Blacksburg, an area that we find so special and a place we choose to be a part of.

HHHunt first began in Blacksburg and Roanoke, two beautiful cities in Southwest Virginia. Our original corporate headquarters, located in Blacksburg, is where everything started in 1966 when Harry H. Hunt III, the founder of HHHunt, saw the need for faculty and student housing at Virginia Tech. FoxRidge, apartments in Blacksburg, VA, was the very first apartment community for HHHunt.

Nestled in the Blue Ridge Mountains, Blacksburg is a special place for a number of reasons. The community boast stunning scenery and natural beauty, tons of outdoor activities, great wineries, markets and boutique shops, and more. The city has eclectic and delicious food scenes and the Hotel Roanoke is a beautiful and historic hotel definitely worth a visit. And, of course, we can’t forget about Virginia Tech. The world-class university serves as the heart of Blacksburg. There’s lots of Hokie pride at Foxridge.

We are thankful to have so many awesome team members in Blacksburg and Roanoke and are excited to continue serving as an engaged community partner in this bustling and vibrant city!

For more information, contact us.

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Best Affordable College Towns for Recent Grads—and Everyone

Joseph Coupal - Monday, August 20, 2018

Foxridge apartments, Blacksburg, VAIt's the classic collegiate circle of life. You prep, you study, and then you just flat-out pray you'll get into the school of your choice. Then once you're there, you reach an inflection point, somewhere between your first game of beer pong and your final midterms, when you start counting the days until you can escape—to the place where you'll start that whole adulting thing for real.

But these days more and more grads are skipping that final step and opting to stay put. And it turns out they've got plenty of company. Because you don't need to be a student or recent graduate to appreciate all that the best college towns typically offer: walkable enclaves of innovative restaurants, lively music scenes, and tons of fun, unique businesses. And most importantly, many of 'em are becoming employment hubs as companies searching for top talent open offices nearby. Home prices are usually still reasonable. And homeownership is often a smart investment as there's strong demand from both young and old buyers.

So where are the best college towns that offer the best of everything? The realtor.com data team set out to find them.

4. Blacksburg, VA

  • Number of college students: 46,722
  • Median home list price: $231,400
  • Median household income: $52,900

After receiving their diplomas, Virginia Polytechnic Institute and State University (Virginia Tech) graduates often head to cities such as Washington, DC, or Charlotte, NC. But those who prefer the great outdoors over big-city life are choosing to stick around.

For starters, the Appalachian Trail is just a short drive out of town. Claytor Lake State Park is the go-to for fishing and boating, and New River Trail State Park is a fantastic place for horseback riding.

Blacksburg has a great quality of life. The mountains are beautiful, and the area has all the benefits of being a large university town.

Like many college centers, the biggest employers in the region are the universities themselves. But there are lots of other options, too. Dish Network employs around 1,000 here, and Moog, an aerospace and defense company, also has a large presence.

For more information on apartments in Blacksburg, VA contact Foxridge.

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realtor.com


Common Mistakes to Avoid When Moving into a New Apartment

Joseph Coupal - Monday, August 13, 2018

Foxridge apartments, Blacksburg, VARenting an apartment might seem fairly straightforward: Find a place you like, meet the landlord and move in. But things can go wrong along the way. Check out these common mistakes that renters often make when apartment-hunting.

1. Not reading the lease

Leases can be intimidating. But failing to read the lease is one of the worst mistakes that renters can make.

First, double-check that the figure for the rent is what you have agreed on. If you sign the lease with an incorrect rent amount, you could get stuck with the higher rate.

In addition, also scan the document to check names, deposits, late fees, dates for notice, renewal terms, property rules, and utility agreements (as in: who pays them).

2. Relying on an oral contract

If your landlord says they are going to do repairs after you move in, get it in writing, rather than just taking their word for it.

The same is true for anything else your landlord mentions, such as terms for renewing the lease at the end of the year or a promise not to raise the rent. You’ll have a hard time proving an oral contract in court if a resulting problem ever gets that far.

3. Assuming the landlord will fix everything

There's an issue? No problem—just call the landlord, right? Not so fast.

Unless the maintenance issue is affecting habitability or is mentioned specifically in your lease, then the landlord doesn't really have to fix it.

So while that would include addressing issues like plumbing or the HVAC system, it definitely doesn’t include changing a lightbulb.

A renter is responsible for things like basic cleaning, smoke detector batteries, lawn mowing and other minor, ongoing upkeep.

As for bigger issues, like those appliances, check the lease agreement to make sure there isn’t a clause stating that the landlord doesn’t have to fix “nonessential appliances,” like the microwave or washing machine, if they break. If that’s the case, be wary of renting a place with old appliances.

4. Renting the property sight unseen

You can find out a lot online and on Google Maps, but nothing substitutes for seeing the place with your own eyes. If you’re moving somewhere new, it can be tempting to just rent sight unseen, since it's probably temporary. However, it can lead to some unpleasant surprises.

In addition to touring the property, spend some time actually walking around the neighborhood. And unless you know your city or town as well as a local police officer, you should tour the neighborhood during the day and at night to see if things get loud or sketchy. Don’t hesitate to talk to some locals you meet on the street and see what they have to say.

5. Not documenting damage when you move in

Was that stain on the carpet or hole in the wall already there, before you moved in? You’re likely to have to prove it, but many renters don’t take the extra step of documenting the existing state of the property.

Before you move in, look for cosmetic damage, and also test all the appliances, lights and HVAC system.

You want to verify anything that might have been broken by the previous tenant for which you could be held responsible. Document any existing property damage with time-stamped photos and have your landlord sign off on all of it.

6. Skipping renters insurance

Renters insurance can be a total bargain, at a cost of less than $200 per year. Nevertheless, almost 60 percent of renters don’t have it.

Some landlords require it because of the liability coverage—check your lease—but if not, consider adding a renters insurance policy, as it will cover all your personal belongings, including electronics and clothing, should they be stolen or damaged.

For more information on new apartments in Blacksburg, VA, contact Foxridge.

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foxnews.com


Looking for Your First Apartment: Some Things to Consider

Joseph Coupal - Tuesday, August 07, 2018

Foxridge apartments, Blacksburg, VAYou're at a point where you're starting to look for your first apartment. After all those years of living in a dorm room and sleeping in a twin-size bed, you're more than ready to move out. You've been dreaming about decorating, or being right near fun things to do at all times. There are some things to consider when you're looking for your first apartment. This is where the #adulting comes in.

Wouldn't it be cool if apartment hunting was like an episode of House Hunters? A realtor would bring you to three cute and trendy places around town, and you'd have to tell her your likes and dislikes.

In reality, it's not always like what you see on television. You'll likely tour a lot of apartments and lofts before you sign any contract and call that place home. Throughout the process, you'll discover what you need out of your living situation, and figure out your priorities. Taking these things into consideration will be key, when you're looking for an apartment the first time around.

1. Location

Location is the primary thing you need to consider, when you're looking for your first apartment. First thing's first: Where do you want to live?

Once you figure that part out, then you can start looking at the some other details: the neighborhood, the nearest grocery store, and recreational things you can do in the area. It may seem tedious, but location is key to making sure you're comfortable in your new home.

2. Layout

The layout of your apartment is actually more important than you may believe. You want to make sure your space makes sense, and will fit all of your belongings, too. Some complexes have a communal space for laundry, but others will have room for a washer and dryer right in your unit. Maybe your place will be two floors, with a fun spiral staircase, or have a pretty open floor plan. You need to know (and see) these things for yourself!

Before you commit to anything, be sure to take a tour. Check out the closets and room for storage, and the counter space in the kitchen. When in doubt, go with your gut and know where you're willing to compromise.

3. Cost of Rent

Rent is just part of the real world, and you have to consider your bank account before dropping any deposits. You'll want to find some easy ways to save money where you can, and don't forget the water bill.

4. Roommates

Paying rent and having your own apartment sometimes requires some roommates. You may find a studio and decide to live alone, or have the funds for your own place. Whatever your situation may be, it's important to take other people into consideration. Sometimes just having this company makes a place feel more like home.

5. Pets

Unfortunately, not every apartment allows pets. So, take that into consideration when you're apartment hunting, especially if you may want to recruit some furry roommates.

Talk to the landlord about your options. Sometimes you can have small animals. Maybe you have a furry friend who's going to make the move with you. In that case, you really need to find a place that will be comfortable for two. You may need an apartment that is dog-friendly, or spacious enough for your cat to roam freely during the day.

6. Work/school

You'll be spending most of your time away. But, after a particularly busy day, it would be nice to have an easy commute to your couch. When you're looking for your first apartment, you'll want to take transportation into consideration, and look into parking rates for your car. Is there public tansportation nearby? Could you walk or bike on a sunny Monday morning?

7. Landlord

Before snagging your first apartment, make sure that you meet your future landlord or managment team. You'll work with them when your kitchen sink has a leak, or when the air conditioning quits. Like any relationship or friendship, getting along and being able to solve problems is essential.

You want to make sure that this person has your best interests in mind, and cares about your space, too. Ask them questions about their experience, and maybe talk to other tenants who have been in the building for a bit.

8. Other Amenities

Having your own apartment is a dream come true. But, be sure to consider the amenities that come with it before signing any contract. Sometimes, you can find an apartment that's has everything you're looking for, and a pool.

At the end of the day, these sort of things make your living situation even better and could save you some money. After all, if you're using the gym in your building, you don't need a membership at that place downtown.

For more information on apartments in Blacksburg, VA contact Foxridge.

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Foxridge Collegiate Apartment Homes

750 Hethwood Blvd. 100G, Blacksburg, VA 24060
Call: (888) 532-1809 (540) 951-9302
Email Usinfo@foxridgeliving.com
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Opens: Monday-Friday: 9A-5:30P | Saturday: 10A-1P & 2P-5P | Sunday: 1P-5P

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