house for rent

Things to Do Before Renting Out Your House

Renting your real estate property may appear to be an easy means of increasing your passive income. However, you may find it more complicated than you thought. Your real estate Lisbon Portugal property may sit on the market for several months without rental applicants if you have priced it above the market rent. Also, bad tenants may even refuse to pay rent, cause a lot of damage to your property, and may resist attempts to evict them.

Is there a way to avoid these difficulties associated with renting your house? The following are some of the things you need to do when renting out your property to reduce the stress and risk of being a new landlord.

Take Photographs of Your Property

rent a houseYou need the photographs of your house for various reasons. For instance, you need them for online advertising. Potential tenants often ignore favorable rental listings that do not have pictures. This is because potential tenants do not want to wait for a property tour to find out that the house does not have the design or layout that suits them.

The photographs can also be helpful when the future tenants are vacating your property. They can be used to determine the property damage caused during the rental period.

Assess Fair Market Rent

Although it is tempting to charge high rent to get a return on your investment, the appropriate thing is to carry out market research. In this case, you should check with the newspapers, rental websites, realtors, local landlords, and property management companies. You should check the rental rates for properties of similar size, location, and the condition of the house.

Create Effective Rental Application

You need an effective rental application that cannot intimidate potential tenants. Instead, it ought to be comprehensive enough for use in tenant screening. If you need extra information from the tenant, it can be included in the lease documents. A proper application should have spaces for items such as name, social security number, date of birth, contact details, and tenant signature.

Hire a Property Manager

renting a houseUsually, property managers charge a given percentage of the rent collected. In exchange, they take care of various things like looking for new tenants, collecting rent, carrying evictions, and signing leases. You should be careful as this will reduce your profit.

Find Good Tenants

Nowadays, it is not easier to find decent tenants. You may find applicants who are polite and friendly but may create serious problems in the future. Thus, you should carry out background checks on potential tenants.…

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Accomodation

Reasons to Have a House Compared to a Condo

For some people when they’re thinking to buy a house to settle down, there might be a debate whether to have a house or a condominium, a discussion on which one to buy. Although a condo has, it’s own perks such as flexibility, simplicity and many amenities but it doesn’t mean that a house doesn’t have its benefits.
In this article, we’re going to discuss some reasons for why having a house is much better than a condominium, if you’re still thinking on which one to buy, consider reading this article. Hopefully, we can change your mind about it.

Investment Price

MoneyIf by any chance you’re thinking to buy a property for an investment then look no further than a house as house prices will keep rising when compared to an apartment.
Believe it or not, the house that you bought now might double or even triple from the original price, which is very rewarding according to us. If you’re thinking to look for a place to stay for a few years, and you might want to sell it in the future, look no further than a house as it got the best value. If you’re looking for cleaning services in case of an end of a lease, consider checking out End of lease cleaning company.

You Love Gardening

GardenAnother reason to buy a house is if you have a green thumb, which is a hobby of gardening, which is something you can’t do when you have an apartment.
If you’re a person who loves waking up in the morning and to take care of the plants, then there’s no more reason than to buy a house. You can have a mini-garden in an apartment, but it won’t beat the feeling of having a garden.

You Don’t Want to Pay Monthly Maintenance Fee

If by any chance you’re a simple man that doesn’t want to go to a gym or using the pool, you might not like the idea of paying a monthly fee every month.

If you feel like you won’t be using any amenities from a condo or an apartment, consider buying a house instead of buying an apartment or a condo.

Bigger Space

It is not a secret anymore that a house has a bigger space, which means that you’ll have more space for you to decorate your room to your liking, and at the same time if you have kids, living in an apartment might not be an ideal situation.…

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Why Apartments Make Sense as Luxury Living on an Budget

Apartment living is becoming a preferred way of coping with the hustle and bustle of major cities, but many people still think that going to the suburbs and getting a big detached house is the ultimate experience of cool living. On the contrary, the big houses can be quite messy and hard to run primarily for someone with a small family and a modest income. This article will be explaining the factors that make apartments awesome as your living option whether you are single or have a family. Check out the apts found at rentedmonton.com/apartments/ for more information.

Low Cost

tall buildingYou are having less floor space than someone who is getting a detached house. This statement assumes you are also covering the yard or garden as the available space for the other person. Your apartment will be very easy to maintain since there just a few things that you remain directly responsible for such as cleaning the insides of room and reporting any damages to the caretaker personnel. The cost of cooling or heating is also low, and you can access all rooms in an instant. The mortgage for an apartment is cheaper than that of a detached house and rents are low too. The apartment can be close to your workplace.

Shared Extra Amenities

Instead of getting your pool, library, and gym, you could just rent an apartment and access all these and many more extra amenities. In fact, some apartments bring people close such that they carpool when they go to work. You have neighbors that your children can play together in the common block’s play area. Thus, you continue to save money and enjoy facilities that other people have first to build before they can enjoy.

Safer Than Most Options

The apartment has several entry layers including the main door, the fire door and the specific door letting people into your apartment. Thieves trying to get into your apartment have to deal with security installations and personnel at the various points of entry and can be very frustrating for them. Thus, the added security gives you peace of mind, knowing your valuables are safe.

No More Difficult Maintenance Projects

Most homeowners at one point have to deal with leaky roofs, replacement of the heating system, getting a tree cut, and possible renovations because the top floor drainage is not working well. Such troubles are unknown to the apartment owners because they get a service level guarantee from sellers or property owners regarding the quality of the unit they get. No maintenance concerns due to lack of gardens, garages and all other accessories that come with homeownership imply that your free time will really be free.

relaxing at outside his apartment

Now you have it. Go for the secure car park, the rooftop private party and lounge area, and the customized gym that an apartment gives you instead of only focusing on a big house that does not come with these things and is pricier to run on a monthly basis.…

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