21. Duh dek, jangan berdiri di belakang pintu..
22. Nah kan nggak bisa keluar.
23. Kegedean helm-nya..
24. Makanya jangan mainan cat tanpa pengawasan orang tua.
Renting your property may seem like an easy way to increase your passive income, but upon starting the process, you may find it to be more complicated than expected. Your house may sit on the market for months without a rental applicant because it is priced above the fair market rent. A bad tenant may be late or outright refuse to pay rent; they have the potential do thousands of dollars in property damage and may ignore your attempts to evict them from the property until authorities are involved.
So how can you avoid the headache of these common difficulties associated with renting a property? Here are five things to do before renting out your house to reduce the risk and stress of being a new landlord.
1. Take Photographs of the Property
Photographs of the property are necessary for several reasons. They are an important part of online advertising – otherwise favorable rental listings without pictures of the property are often passed over by potential tenants because they do not want to have to wait for a house tour to find out that the property does not have a layout or design that suits them. These photographs will also be helpful when your future tenants are moving out, as you can use them to measure any property damage that occurred during the rental period.
2. Assess Fair Market Rent
While it may be tempting to charge higher rent to make money back on recent renovations you may have done or moving costs from when you left the property yourself, the best thing to do is conduct market research: check with rental websites, newspapers, local landlords, realtors, and property management companies to determine the amount that properties of similar location, size and condition are renting for.
3. Create a Concise, Effective Rental Application
An effective rental application will not intimidate potential renters with its length, but will be comprehensive enough that it can be used for tenant screening purposes. Any additional information that you need from the tenant should they pass screening can be included in the lease documents. A good application will have spaces for the following items:
- Date of Birth
- Social Security Number
- Phone Number
- Current/Previous Addresses (last 7 years, including landlord name(s) and contact information)
- Current Employer (name, address, hire date, income, contact information)
- Authorization to Obtain Consumer Report Statement
- Tenant Signature
4. Consider Using a Property ManagerProperty managers will typically charge a percentage of the monthly rent for their services, but in exchange, they will take care of things such as finding new tenants, creating/signing the leases, collecting the rent, and issuing legal notices (including evictions). Hiring a property manager cuts down on the profit you will make from your tenants’ rent payments, so you should carefully consider the cost-benefit of these services.
5. Find Good Tenants
Finding a decent tenant is easier said than done – many applicants can be friendly, polite, and will seem to be a good fit, but will create a flood of problems for you. The best way to improve the quality of tenants that you are leasing to is to conduct tenant background checks – that is, choosing tenants based on measurable fiscal and rental responsibility. Most landlords will charge rental applicants an application fee to cover the cost of tenant screening.
Common tenant screening services provided by AAACSS are credit reports, criminal background checks, landlord verifications, and employment verifications.
All types of buildings require maintenance. Whether residential or commercial, it is very important to take care of the property so as to have it in shape for many years to come. You therefore need a professional service provider so as to guarantee quality at all times. The company can conduct routine cleaning, emergency repairs, and so on. You need to be careful when making a choice to avoid unnecessary damages.
When making a choice, you should ensure that you end up with the plan that suits you best. In many cases, you can enter into a contract with the company in question. You also need to choose between the short term and the long term kind of contracts. In some cases, there are some benefits that may be associated with the long term kind of contracts and you may find that they are much gentler to your pocket. A reliable company should eliminate your worry and do a satisfactory job.
Some of the things worth considering include:
It is important to check just how long a company has been in operation. While the duration doesn’t always give the whole picture, it is highly unlikely that a company will still be up and standing for a long time if they offer substandard services. If you are looking for a long term contract, it is essential to find out how the company recruits its workers so as to be certain that they are indeed most suitable for maintenance.
Having a company that has been in the industry for quite some time may mean that they are indeed the perfect option for you. They will know most of the problems that face buildings and therefore will deal with them effectively as they arise.
A good company should have a client portfolio in existence. Such clients will help you decide what kind of company you are actually dealing with. You can tell whether they are professional or not and whether they can handle your kind of building. Where there are a great number of clients, it means that the company is indeed a favorite among many and therefore is a reliable option.
This is one of the most effective methods that you can apply. Customer reviews are available online. Going through the reviews can help you choose the perfect company before you hire. You can gauge whether they can meet all the requirements that you may have.
Some of the repairs and maintenance that you may need can be urgent and therefore may need immediate attention. As such, you need to find a company that is near you and one that can respond in the shortest time possible even with short notice. This can only work out of the company you select is close to you. Consider this too.
It seems like just about everyone reaches a point in their life when they want to be a landlord. From reality TV shows to glamorous stories of how a few stand-out individuals went from working full-time to making hundreds of thousands of dollars off their rental properties, there’s really no wonder why people think being a landlord is so lucrative and enjoyable. After all, at first thought, it seems like owning a bunch of properties and waiting for the rent checks to come in each month would be so carefree and simple. Not to mention that you could make a lot of money by just making a bank-run every month.
Of course, in reality, life as a landlord is by no means simple.
Landlords have to deal with everything from small hiccups in the plumbing system to electrical problems, house updates, damage caused by tenants, and so much more. In many cases, they also have to provide lawn care for their properties, schedule maintenance check-ins, and pay for all kinds of repairs–most of which is likely caused by tenants who were on their way out. Staying on top of due dates and deadlines is yet another difficulty, and when you begin looking at the long list of responsibilities a landlord is expected to handle, it becomes apparent that it might not be such an incredible option after all.
But, despite all the headache, it remains very lucrative. And, if you get in the right tenants, you can save yourself a lot of trouble. However, even with these things in mind, landlords still have to be sure that the lawn is taken care of, that the house is maintained, that repairs are fixed in a timely manner, and that all issues tenants bring up are looked after. This means taking a lot of phone calls, scheduling a lot of handyman visits, and even fronting money for these things out-of-pocket. Typically, the rent checks are enough to keep landlords inspired to keep going since this hard-work surely pays off at the end of the money, but in-between paychecks, it can be difficult to handle everything.
That’s where a property maintenance company often comes into play. Whether you own one property or many, a property maintenance company can help you make sure that everything is taken care of quickly, easily, and with a smile. Rather than you spending countless hours talking to tenants, scheduling repairs, and meeting with the people you hire, a property maintenance company will take over that role and basically handle all of the headache of being a landlord.
Once you give the number to your tenants, they will from then on call the company to report any issues with the property. The company will then be responsible for handling all needed maintenance and repairs, and then giving you a summary of what’s going on each week. In other words, their job is to relieve your stress and assure you that everything is taken care of.
The end result is that you have more time and energy to put into marketing your properties, worrying about due dates, and cashing checks.