Putting a
flat on rent can pose many risks, especially if mistakes are made that are
easily avoidable. Do you want to know what we are talking about?
Sometimes
when we choose to rent as individuals we tend to think that things are as
simple as advertising, making visits and voila! However, in the rental of
houses more factors and processes are required if you want to enjoy a safe
rental. Today we analyze which the most common mistakes are made when leasing a
home and how to solve them.
RANKING OF THE MOST COMMON MISTAKES IN
APARTMENT RENTALS
DO NOT TAKE PREVENTIVE MEASURES
When renting
an apartment, one of the main mistakes that any owner can make is not to use
the appropriate preventive measures. It is very important that you verify that your
tenant is reliable, solvent and compliant and, of course, that he has not been
involved in incidents in previous rents.
Although at
first glance it seems like a good tenant, you cannot be sure that you are a
perfect tenant until you know his background and economic-labor situation. In
order to make sure that your future tenant is the best for your home, you will
need to request, not only credit and bank documentation of your economic
situation, but also references of previous rentals and even request solvency
certificates such as that provided by the File of Tenant Tenants.
User can
find more property in Mumbai on Skflats
SET THE PRICE WRONG
Establishing
a good price is the key to everything going smoothly when renting a flat. Do
not make mistakes like establishing it according to what you pay for a
mortgage, what the neighbors think or what you believe. The correct thing is to
fix it according to the characteristics of the property, the area, the supply and
demand.
What can
happen if the price is set wrong? Several things. If it is placed above the
market price, the house will not be rented or it will take a long time to do so
and you will only get short stay rentals. If you place it below the market
price, you will not achieve the desired returns.
This task
may not be quite simple, so our recommendation is that you seek professional
advice such as the one we give in Rental Insurance.
USE ANY RENTAL AGREEMENT
Downloaded
by internet, the one that uses a friend… It is not worth any text for the
contract of your rent. When renting an apartment it is essential that you have
a 100% lease agreement and in accordance with the Leasing Law. In this way, you
can avoid unnecessary errors and problems in your rental.
User can
find more Pg in Mumbai on Skflats
SUPPLIES
Another
common fault that we usually find is located in the supplies. When renting a
property, it must always have the supplies discharged, as we facilitate and
expedite the entry of new tenants, however, once the house is leased, they must
be changed in their ownership , so that The tenant must be the owner of these
and the sole responsible for their payment. What can happen if I don't do this
step? Basically, that in the event of any default, as owner and holder, the
supply company can claim the payment and amount. Remember, it is not enough to
make a bank account change, you should always make a change in the ownership of
the supply.
INVENTORY AND PHOTO REPORT
Good that
you forget to do it, well that it is not complete enough. A good inventory must
include everything that is left in the property and must always be included as
an annex to the rental contract and signed by the parties, so that there is
evidence of what is left in the house before renting it. In case you forget to
make a good inventory, it can happen that where you left a piano, you end up
finding a plant.
On the other
hand, the photographic report not only serves to promote the rental property,
but to verify the state of the home at the time it was rented.
LACK OF ENERGY CERTIFICATE
Although it
is mandatory, there is still much ignorance about it among
individuals, but the truth is that, by law, you cannot rent or sell any
property without its corresponding energy efficiency certificate. To obtain it,
you will have to contact a certifying technician who evaluated and studied the
energy characteristics of the house, to later provide you with the energy label
of the same.