Checking Out a Potential Landlord
Checking Out Landlord
I'm moving to a new city and will be renting a house from an individual I don't know. Why did the previous tenant move out? Does he make repairs in a timely manner? Will he return my security deposit when I move out? Any advise on how and where I can get this information would be appreciated.
Advice from Both Sides
I have been both a tenant and a landlord. While I do not know of a way to find out if the landlord repairs things in a timely manner, the general condition of the place when it is being shown for rent will give you some idea. If there are many things that you see that need repair, you may wish to look elsewhere. If he will not fix it to show it, then getting him to fix it after you are in will be a challenge.
Zack in Port St. Lucie, FL
Get Everything in Writing!
Have the landlord put it in writing how he will handle repairs. The day that you move into the apartment, take pictures of each room, as well as anything that isn't in perfect condition (like a small hole in the wall or a chip on an appliance). Make a list of these things and have the landlord sign off on them, acknowledging the condition of the apartment when you first moved in. Give him a copy as well, along with copies of the photos. If there is ever a dispute about damages, you will have it in writing and in pictures.
Most banks allow you to pull up and print copies of your cleared checks for a certain period of time after they clear, but later, they will charge you for copies. Take advantage of this by printing a copy of each rent check as soon as they clear and keep a file of them. If there is ever a dispute about unpaid rent, you will have your proof without having to pay the bank to print copies of your cleared checks.
Know What's in the Rental Contract
Many of the questions you asked should be addressed in the rental contract you sign with your landlord. A good landlord will outline the re-payment of deposit, how much time it will take for a repair (or to come out and look at one), and the cost of repair. If your landlord does not address this in your rental contract, ask them to do so. Not only does it help the tenant, but also it helps the landlord as well. As for why the previous tenant moved out, you will have to ask the landlord directly. People move for many reasons.
Contact the previous renter. The more resistance you get, the more suspicious you should be. At the very least, you will learn something.
Share your thoughts about this article with the editor: Click Here
Take the Next Step
- Read your current or proposed lease to see what it says about repairs, etc.
More Money-Saving Tips for Your Home
- Should I use a HELOC for home remodeling and repairs
- Find the best mortgage rates in your area
- 3 ways to use a mortgage calculator
- Mortgage calculator: Calculate your payment and more
- Home equity calculator: HELOC vs. line of credit
- How much can additional payments save me on my mortgage?
- Who offers the most home insurance discounts?