Over the past few years, people have shown increased interest in renting properties and the bias towards ownership is gradually fading. Renting valuable property, houses and flats can actually be of greater advantage than owing a house, in certain circumstances.
However, renting is a two way transaction which requires both the tenant and the landlord to take adequate, measures before sealing the deal.
Companies like Genielets offer a set of proper guidelines for both, landlords and tenants, to assist them in the rental process, before they sign the rental contract. In fact, they have a set of instructions, collectively known as right move, designed specifically to guide landlords and tenants in the rental process. To save you further hassle, they also offer services to manage your rental process and payments on your behalf.
The primary measure for landlords, while renting their properties, is to search for a reliable and trustworthy tenant. As a landlord, you will be giving over your property under the care of your tenant for a certain period of time. Finding reliable tenants is vital in ensuring that your property is not damaged unduly. As a landlord, you should prefer to look for dependable tenants who are keen to pay their monthly rents regularly and on time, can be trusted to maintain your property properly without causing any undue damage to your property and can be relied on to strictly follow the conditions of the rental contract. Choosing right tenants, you can ensure that your property is in safe hands.
To select a suitable tenant for your property, you need to advertise your property accordingly. The advertisement not only is beneficial in spreading the word about the availability of the property for rent, but can also ensure initial filtering for tenant selection.
You may advertise about your property through a number of rightmove [http://www.genielets.com/rightmove] channels including newspapers, internet flyers and leaflets. Your property should be aptly advertised providing the potential tenants with an accurate and authentic description of your property. However, you may format the advertisement to emphasise on the positives of your property while providing the reader with a factual description. You may include in the advertisement, details like the number of bedrooms and expected monthly rent and security deposit. The advertisement may also be accompanied by an address of the property, in case any of the interested parties would want to visit the property. If you are advertising online, you can place pictures of your house and individual rooms to provide visual details.
Lastly, after selecting a suitable tenant, make sure that a rental agreement is signed, covering all conditions and specifications. The rental agreement should abide by all the necessary laws, ensuring the protection of rights of both the tenants and the landlords. Relying on verbal assurances is unwise and every condition agreed upon, between the tenant and the landlord, should be written in the rental contract from the amount of rent to the time period for which the property will be occupied by the tenant.
Following right instructions while renting can avoid further complications in the future and can benefit both the tenant and the landlord.