Renting a home is a good option for people having fewer funds or a job that requires frequent relocations. However, it is essential to consider certain important factors when finding a suitable rental home. You need to conduct proper research, devote time and be efficient in order to sign the best possible deal. You can also consider hiring the services of a real estate agent or search homes on online listings.
Here are some steps that you must follow in order to find the perfect rental home:
- Determine Your Budget: Before heading on with the search you should draw up a rough estimate of your budget. Calculate your total monthly income and expenses to determine the amount that you can spare to pay the rent. Besides the rental amount, you should also consider expenses needed for utilities, furniture, furnishings and other home conveniences.
- Type Of Property: Depending on the size of your family and personal preference you can choose from a house, duplex, townhome, condominium or an apartment. This will assist in streamlining your search for the rental home.
- Imperative Features: Besides the basic number of bedrooms and bathrooms in the house other features like patio space, kitchen appliances, deck, garage, fireplace, parking facility, storage etc. must also be taken into account. Determining if you require a furnished or semi-furnished home will also assist in narrowing your search.
- Visit The Property: After shortlisting the most suitable rental homes, you should visit them for proper inspection. Check the electrical fittings, plumbing fixtures, and condition of upholstery, wall paint and flooring. The house should be clean, spacious and well maintained. You should also consider the location of the property, security arrangements, crime rate in the area, proximity to schools, playground, office mall etc., and the neighborhood.
- Submit Application: Once you have finalized a rental home, you must submit an application for approval of tenancy. The property owner may check your credit rating, income, criminal record and previous rental experience to ensure your credibility as a tenant. After the initial check, you can deposit the security amount and sign the lease agreement.
We, at Hunter Rentals & Property Management, can help you find a suitable rental home in Killeen, TX. For more information about our services, you can call us at (254) 634 – 3311.
Searching for the right tenant is a major responsibility on the part of the landlord. As an apartment is one of the biggest life investments, taking the necessary time out and making important considerations is critical to protect your rental apartment.
Given here are some tips that can help you find the right tenant for your apartment:
- Follow The Housing Rules: Each state has specified certain ‘Fair Housing Rules’ which must be followed by the landlords while searching tenants for their apartment. According to these guidelines, a landlord should not deny tenancy to any individual on the basis of his race, color, nationality, sex, religion, disability or familial status. You must adhere to these rules to avoid landing yourself into any legal trouble.
- Check Credit Rating: You should look for a tenant who is financially stable and responsible enough to pay the rent on time. For this, you must carry out a thorough credit check to verify their income, outstanding debts and previous rent payments. Ideally, your tenant’s income should be approximately thrice the monthly rent amount.
- Perform Criminal Background Check: Verifying your prospective tenant’s criminal record is extremely important. This information can be easily accessed at a local police station and will look up both minor and major offenses. You must ask the name and date of birth of the tenant along with a valid ID proof to be able to check his criminal history.
- Check Their Rental History: Make sure you get in touch with at least two of the tenant’s previous landlords to know about their rental experience. Ask them if the tenant paid rents on time, kept the apartment maintained, maintained the decorum of the locality etc. You should also inquire about the reason of the move and the notice period given by them before leaving.
- Assess Their Lifestyle: You should analyze the prior addresses and companies mentioned by the tenant in his application form. If there are frequent shifts in rental homes, they may not turn out to be a long term tenant. Conversely, an inconsistency in job patterns may indicate that they won’t be able to afford paying the rent after a few months.
We, at Hunter Rentals & Property Management, can help you find suitable and long-term tenants for your rental apartment in Killeen, TX. For more information, call us at (254) 634 – 3311 or visit our office at 1503 W Stan Schlueter Lp, Killeen TX 76549.
While preparing your property to show to prospective tenants, it is essential to consider certain important factors. The potential tenant should find your property attractive, livable, spacious, affordable, clean and well maintained.
Here are some tips to assist you in preparing your property for showing:
- Clear up: You should make sure that the house is clean and organized before you start showing it to potential tenants. Dirty walls, floors, upholstery and rooms are a put off and if the home is still occupied by previous tenants, ensure that they have cleaned it up before the new tenants arrive for a viewing.
- Check all electrical fittings: In a rental home, it the responsibility of the property owner to ensure that all the electrical switches and fittings are in good working condition. You should inspect the fittings and change the burnt out light bulbs.
- Do plumbing checks: A tenant may inspect the properties plumbing by checking the faucets, sinks etc. Make sure there is no presence of mold, leaking pipes or broken fixtures.
- Clear Odors: You should deep clean the house and spray a room freshener to give a warm welcoming fragrance in the house.
- Create space: Open all windows and lights so that the home looks bigger and spacious. The furniture should be re-arranged to make space for the tenant to move about and envision living in the property.
- Explain expenses: The property owner should also be clear about maintenance costs, which the tenant needs to pay. Pointing out these overheads at an early stage will help the tenant in making an informed decision.
- Evaluate your furnishings: If you are providing a furnished space to the tenant, ensure that everything is clean and in proper condition. If there is some furniture or utility item that the tenants indicate they will not be able to maintain properly, keep an alternate plan ready for either removing it from the home or keeping it at a place where does not get damaged.
- Determine Market Value: The property owner must conduct a proper market research to determine the appropriate rental price for the house.
The landlord can also consider hiring the services of a professional property management company to assist in staging and searching for the most suitable tenant.