What to look for in a Residential Rental Property
Moving is notoriously stressful. There are many small, but significant things on the checklist and too many questions for any one person to remember. One of the more daunting things about moving is the process of finding a new home. Whether you are the kind of person to spend hours searching online or you prefer to drive aimlessly around neighborhoods at the end of the search you will still end up touring several properties.
If you don't tour properties often, or have never been put in a less than ideal living situation it may be difficult to really know what to look for in a rental. Most tours will last about 15-20 minutes. That isn't a whole lot of time to evaluate a home that you may be living in for more than a year! LaGree Associates has several years of experience touring properties and we've come up with a few things to keep in mind when looking for a new home:
1. Show up a little early and drive around the Neighborhood. Getting a feel for the Neighborhood is the first thing you should do. Look to see if your potential neighbors take care of there homes/lawn. How busy is the street? Is there a lot of foot traffic? So many factors outside of a home will impact how you live your day to day life.
2. Don't be afraid to open doors. Remember YOU will be living here. Anyone showing you the home should be perfectly comfortable with you going through all Closets, Cabinets & Rooms in the home, even if it is still occupied. There could be water leaks lurking behind that bathroom counter, or much smaller pantry shelves than the pictures showed.
3. Look Up and Down. Many people just look at walls or windows or other eye level features. This will help discern the size and layout of the home, but you should still thoroughly inspect the ceiling and the floor. Look for air vents, leaks, cracks, scuff marks. You will very easiley be able to tell how well the home has been maintained by looking beyond eye level.
4. Do a Safety & Health Check. Check all of the light switches & count the electrical outlets.Make sure the switches actually turn something on and are in locations that make sense to you. Are there adequate electrical outlets for you? You should also be sure the outlets in the bathrooms and kitchen are GFI Outlets.Locate and test the Smoke Detectors. You should probably have at lease one in a common area and more for the bedrooms. If the home has gas ask to see if there are carbon monoxide detectors installed. Look for fire extinguishers or emergency exits. Hopefully you will never need most of the precaustions, but it is better to be prepaired.
5. Go outside. If you are looking at a home make sure and walk around outside of the house. Is the AC right outside the bedroom window? Did the previous occupant leave the landscaping a mess? These are all things that may not bother you, but it is better to know now than when you move in!
6. Take Pictures, Write Notes, & Ask Questions! Make sure to document things in whatever way is best for you. After looking at several properties they may all start to look & feel the same. Figure out what makes sense for you.
7. Take your time. Whether it be an agent, landlord, or owner, whoever is showing you the property should be patient with you. They should be happy to answer any questions and help you thuroughly inspect the home.
Let us know if these tips helped you! As Real Estate Professionals we are happy to help anyone look for a new space whether it be for a new place to call home or a new business. Let us know how we can help you by calling 405-879-1171! You can also contact us on our Facebook Page or by Email.
LaGree Associates, L.L.C., is a full service commercial real estate company located in Oklahoma City, Oklahoma USA. This site contains company information, agent profiles, Oklahoma City community information and our current real estate listings.