4 Important Steps to Take Into Account When Renting a Property

Finding that ideal and suitable place for your needs is not as difficult as it seems. It is always essential to consider some steps that will allow you to see more clearly what you want and will save you problems in the future, especially if it is the first time you are thinking of renting a house or apartment.

Platforms like SpeedHome have listed the best properties if you are looking forward to renting a house in PJ, Malaysia. You should utilize these platforms correctly since they have listed a wide range of homes and give you room to compare and find the best. There are several steps you should consider before renting a property. They include:

Define the Location

This first step is the most important before you start looking since the place where you will live must be close to where all your areas of interest are or the ones you frequent most, that is, your work. The further away your place is, the higher work costs will be.

You will also spend a lot on transportation and take more time to go from one place to another and at the end of the day, you will be more exhausted. Commercial areas, supermarkets, medical services, education, entertainment, and security are essential elements you should consider.

Evaluate the Price

In this case, the 30% rule can help you measure what you can afford to spend on renting your new home, this rule says that you should not spend more than 30% of your salary or gross income, but ideally, we recommend 25%. This will allow you to maintain your financial stability and your lifestyle without surprises.

Ask Everything! Even the Things That Seem Most Insignificant

Once you find the properties and start to see them, we recommend that you ask absolutely everything so that later you do not get unpleasant surprises, for example:

• What is the maximum number of people allowed?
• What is the cost of the services?
• How many parking spaces?

Visit the property early and thoroughly check walls, ceilings, floors, faucets so that you value the condition and prevent future disagreements for damages.

Review the Contract Very Well

When you find your ideal space, it is extremely important to review the contract carefully, make sure that the agreements previously made verbally are established and that the common clauses are well defined and precise.

• Minimum length of the contract if it is a year or two and the penalties for leaving it before it ends.
• Deposit payment, usually equivalent to one month’s rent
• The arrangements or modifications that can or cannot be made in the property and other vital points.