While moving may seem exciting in some ways, choosing an apartment, flat or rental home can be time consuming and challenging. Various expectations must be considered when searching for a rental house or flat including preferences on the condition or amenities of the property, budget or expenses involved in renting the property, location and safety. The right rental property for you is out there, but narrowing down the options will likely involve some homework on your part.
To make your search smarter and more efficient, work through the process following these steps:
It is important to check the condition of the property prior to signing a lease agreement. This way you can request that any pre-existing damages be properly recorded so that you will not be held responsible for the damage later on. Some of the most important items to check in the rental property include flooring, air conditioning and heating, appliances and light fixtures.
Consider the amenities that are important to you such as the vicinity to local entertainment and restaurants, outdoor space or a pool. When choosing a rental property it's important to make a list of your desired amenities and keep a record of the properties that you view which include the amenities you seek. This can prevent confusion and help you make a decision later.
Calculate your budget. Utilities are usually not included in rent, therefore it's important to calculate the added cost of utilities when determining whether a property of interest suits your budget. Sticking within the guidelines of how much rent and added expenses you can afford will help you to remain within your budget and refrain from potentially defaulting for nonpayment.
Determine the location in which you wish to live. Consider if your ideal rental property must be close to your place of employment or school, conveniently located near restaurants and shopping or in a neighborhood that is known for safety and security. Consider how the location of the property will affect your commute to work or school, the zoning for your children to attend school or your convenience to spend time with friends or family. If transportation is desired, consider choosing a rental that is conveniently located close to a public transportation station.
Assess the safety of your potential rental property. Your rental property should have at least one window that opens for use as an escape from a potential fire. Make sure that the property you are renting has working smoke detectors. Additional safety features to consider include outside lighting, crime rates in the area and on-site security, which many apartment buildings and flats already have.
If certain factors are kept in mind your search for rental becomes relativity easy. You should make a list of the amenities you want to have in your rental. Exclude the houses which do not satisfy your list, it will help you narrow down your search. From the remaining properties, look for the ones which will suit your budget.
Before signing the lease agreement, you should thoroughly examine the property. If there are deficiencies, have your landlord fix them before signing the agreement. If anything is broken or damaged you should point that out to the landlord as well.
Deciding the location of your rental is one of the most important steps. You should look for the properties that are closer to your office or workplace. Your children should not have any trouble going to their school. Look for a rental that is conveniently located close to a public transportation station. Moreover, make sure that the property has smoke alarm, fire escape and the area has lower crime rate.
Assistant Manager, Real EstateTreadstone Associates