Along with buying a house, choosing a rental property is a significant milestone in life. As such, the ultimate choice results from hard work and plenty of research.
When researching and attending inspections for rental properties, it’s important to consider key questions. Encompassing practical and lifestyle concerns, as well as wants and needs, these questions will help you make a sound decision.
Determining if a rental meets your lifestyle wants and space needs can often overshadow key elements that potential renters should be on the lookout for. To avoid surprises, keep a checklist on hand.
When choosing a rental property, it’s also important to be aware of things that you should avoid altogether. This list includes:
• Properties with visible damage. Mould and water damage are often the sign of improper ventilation. It’s very hard and costly to fix these issues and as such, properties with this damage should be avoided.
• Rentals requiring big repairs. If a rental requires major repairs such as new hot water systems or floor works, the property should be avoided as these works are costly and time consuming.
• Questionable neighbourhoods. If there are signs that the surrounding neighbourhood is questionable, it’s best to avoid the property. Otherwise, you may end up choosing a rental that you don’t feel safe and secure in.
Making the decision to utilise a rental property is exciting, but it shouldn’t be too stressful! To ensure that you make a sound property decision, check the property thoroughly, all while assessing if the rental can meet your lifestyle demands.
Our expert team at Square Real Estate can guide you on your property journey. Offering excellent market knowledge and experience, we can help make the process as smooth as possible. We will make sure that when you sign the rental contract, you’re comfortable and confident in your choice.