Thursday, June 20, 2013

Preparing Your Home To Rent

By Maryl Joop


In these difficult economic times, people are often desperate for money to put food on the table. Some people may turn to robbery in order to make a few dollars.

If you've never been through the process before, you'll want to know the 4 things you should prepare before you sign in a renter. The following four steps will help you prepare your home to rent safely.

First, prepare your house the best you can from a physical standpoint. Make sure everything is properly working. Clean the structure from floor to ceiling. Keep the place orderly and neat to entice potential renters to writing you a check.

One of the most important things you can do to improve your quality of life is to meditate. Meditation is focusing your mind and thoughts in order to achieve a goal or just to get to know yourself better.

Next, write a contract. Determine whether or not you want them to renew monthly, quarterly, or yearly. Set a monthly rental price. Research the market and find out what the fair market value for a home like yours is. Price competitively. Ask yourself how you would like to let your residents out of the contract should they need it.

If your last name is printed on the side of your mailbox, it would be a good idea to paint over it or get a new mailbox. It can be easy for burglars to look up your name, find a phone number, and call to see if you're home.

It's best to just avoid that possibility altogether. If you're planning on going out of town or on vacation for any amount of time, there are important precautions to take.

This won't apply to all situations as normal problems-like an air conditioner breaking-wasn't their fault. In these cases you will have to pay for the repairs yourself. Should there be any major damages obviously caused by the renter, you should be able to charge them for fixing the damages. For another, you should consider what kind of habits you will allow.

A no smoking policy might be worth imposing for example. Create a set of rules that will cover your home from damages, but not infringe upon their rights to live in it like their home. There's a healthy balance you should try to reach. Find out what other renting parties are saying and make your own rules accordingly.

Try to learn something new every day. This does not have to take a long time.

Their credit history will show how trustworthy they are to make payments on time. Their criminal history will help you determine if you can trust their intentions, integrity, and overall honesty.

If this happens, you'll want to make sure that it is very difficult for them to get in. Try planting shrubs around places with windows so it makes it harder for them to enter your home.

Make sure to close the blinds on all the windows when you're not home so a burglar can't look inside and see all of your belongings. You could even turn the ringer down on your phone so a burglar can't listen in and know that you're not home.

Follow up with managers they used to live under to find this out. Once you've cleaned up the house, decided on a contract, set a list of rules, and screened your candidates properly, you can rest assured that you have done the job well.

Renting can be a difficult business to get into. Cowart Insurance is all about helping homeowners with their homes. They help everyone get home insurance in Lawrenceville, GA that fits their budget and needs. Find out what else Cowart Insurance can do to improve your home insurance in Lawrenceville, GA.




About the Author:



No comments:

Post a Comment