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How to Become a Smart Renter
There are more renters in this decade partly due to the unfavorable economic conditions in many cities. While some people are mixed about renting versus buying, there are good and bad ways to rent a home. A person who learns how to become a smarter renter can save money and have a more enjoyable renting process. There are tricks of the trade that any renter can use to have a positive rental home experience.
3 Ways to Be Smarter When Renting a House
1. Ensure rent is collected by a third party
2. Insist on annual inspections
3. Extend leases when possible
Third Party Rent Collection
Not all renters have the option of having a professional collect monthly rent. Some landlords and private owners prefer to be the designated person to collect rental payments. One issue that happens without professional management of rent collection is the risk of missed or misplaced payments. Property management companies offer one of the best routes for managing a rental home. These professionals provide a list of services that help make life easier for renters in any city.
Ask for Annual Inspections
The inspection process during the rental period can include annual checkups to ensure that no damage is found. Private landlords are sometimes notorious for skipping inspections or performing a lackluster job at locating issues. Property managers who work for a third party company understand that rental homes are investments that must be taken care of properly. A problem with plumbing, electrical, water or a roof could be found with a general inspection. This can help keep rent prices cheaper if no repairs are required to be made through the course of a year.
Extend Leases Between One and Three Years
One way that a person can reduce the monthly rent increases that can happen each year is by extending the lease from the start. Most rental companies do not rent for less than a one-year term and would prefer renters to rent for an extended time period. The lease extension that can be applied during the initial lease term could lock in a standard monthly rent price that is set to not increase during the term if certain conditions are met. This long-term strategy ensures a sizable rental term and fights increases in price.
Find Rental Homes in Jacksonville, FL
The properties that are listed on this website are ready for rent. The simple application process that is offered can help a person to move into a home faster compared with an apartment lease. The rent prices are displayed for each home as well as the street address and photographs. Finding a home to rent in Jacksonville is a simple process using this resource.