Friday, May 30, 2014

Top 3 tips for tenants

As a renter, you're most likely to focus on your rights as a tenant more than anything – and with good reason.

Paying rent on time goes a long way in keeping the landlord happy. Some may even offer bonuses for tenants who consistently pay their dues on time.

However, another important aspect of being a tenant is to maintain a good working relationship with your property manager - doing so could mean the difference between being able to renew your lease or having to move out because the property manager has decided to find new renters.

1. Read the lease

It should go without saying, but read the lease. Read every paragraph, and make sure you understand the limitations and freedoms you have as a renter, even if it means getting assistance from a lawyer.

If the property manager mentions any rules verbally, insist on having them in writing, so you always have the legal recourse should any difficulties occur. Be sure to secure a copy for yourself as well once you've signed it.

2. Pay the rent on time

Paying rent on time goes a long way in keeping the landlord happy. Some may even offer bonuses for tenants who consistently pay their dues on time. Make sure you check your mail, and keep track of when you pay your rent so that you’re never late with your payments.

For example, if you regularly pay your rent on the 27th, be sure to check in with your landlord on the 20th to let him know that you're expecting the bill soon. Paying early may even earn you brownie points.

3. Treat your rental like your very own

Maintenance and upkeep of your rented home may fall to your property manager, but being conscientious about how you treat your home helps to keep the wear and tear to a minimum.

Keep your rented property clean, doubly so if you have pets - owners get used to their pet's smells, but the landlord may not. It will go a long way toward maintaining a good working relationship with your landlord if you show that you care about the property just as much as they do. 


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