Things to Consider Before Giving House on Rent
Giving house on rent is not an easy task can become serious problem if not handled properly. The problems including searching for new tenants every few years, negligence/ misuse of the property by the tenant, delay in payment of rent, not paying maintenance fees or refusal to vacate. Renting property also includes marketing of your property. There are certain challenges at the time of giving property on the rent includes finding right tenant, ensuring premises are not being misused by the tenant, and also ensure there are no delay in rent payment and maintenance fees. We will discuss some important points below so that you can keep those important points in mind to avoid hassles at the time of giving your house on rent; Fix the Rent The first point towards to rent your property is to fix a rent. Before you fix this rent amount, search in the market about the current trend of rent. Fixing rent higher than the market rate would make it tougher for you to find a right te...