For those who are house hunting for a temporary or short term place to stay, a rental property can serve the purpose to suit your needs. Before you decide to sign on the dotted line, there are a few things to look for in a rental property so you won’t get taken stung.
Depending on your lifestyle, there’s a wide selection of properties for rent. Take your pick from condos, town homes, even complexes. There’s something available to fit all needs.
Many people already do this when they begin their hunt, but you want to check out the location. Easy access to other locations you are accustomed to having nearby is an asset. Check to insure you are close to a child’s school, churches, the grocery store, hospitals, fire stations, and especially work. No one cares for a long commute. You will also want to check around to see what the property values are of the homes surrounding you.
The next thing to look for in a rental property is neighborhood and safety. Determine if the area is nice and has a low crime rate. This is easy to check with local police department reports and other city public records.
If you do not like to do much work around the house you better check the maintenance factor. Especially if any yard work is involved. If so, take notice to how large the outdoor area is that you will be responsible for.
If you find something you like, one of the most important things to check is which appliances are furnished and with are not. If the tenant is responsible for furnishing the appliance, check on the type of utility and hookup that is available to insure your appliances will be compatible, and you won’t be out of any money buying new.
Be on the lookout for potential problems. These would be normally hidden or that don’t work. Faulty lights or mirrors and pictures in odd places on the wall, and area rugs could be used to hide a wall that is cracking, stains or missing tile on the floor, and a host of other things.
So you won’t regret your decision, take your time to look around and get your checklist ready. Take notes on the details you like and dislike. This list of things to look for in a rental property and your notes will come in handy when it is time to narrow your choices and make a decision.