Are you willing to rent?
Many clients ask us if we take care of renting the property they bought as an investment. And the answer is yes! We want to help you find the best tenant and quickly.
Also, we support them in the search for a new place to live, we guide them step by step throughout the process and guide them with the necessary documentation.
WHAT SHOULD I KNOW BEFORE LOOKING FOR A RENTAL?
Before starting to look for a rental property, the first thing we recommend is to seek the help of a real estate professional who can help you throughout the process. Then, know exactly what your budget is, so you can determine which areas fit within it.
Main steps when renting:
What documents do I need to rent?
Immigrants who do not have those requirements have two options; look for a relative or friend who rents a property knowing that they do not meet the conditions, or go to a rental community that receives foreign tenants charging only one month’s deposit (however, not all of them accept foreigners). You should bear in mind that having a bank account with sufficient funds can serve as collateral when it comes to proving income.
What is the difference between a rental community and condominiums?
An apartment rental community corresponds to a group of properties where the owner is a single person (person / persons / corporation) and rents the units through a management company, which may be its own or a third party.
A condominium also corresponds to a group of properties, but for each of them there is an owner. A single person or corporation can of course have several properties. Among all the owners they select a condominium board and an administrative board.
This administrative board has in turn a series of requirements to accept future tenants, which are usually the same that the owner asks for when renting.
How long are the contracts?
Leases are generally for twelve months, you can also get contracts month by month or for six months, but they increase the value of the monthly rent.
Investors like to have a contract that guarantees income for a long period, therefore, the longer the contract period, the cheaper the rent can be.
Do you accept pets?
One of the aspects that can make rent more complicated is having a pet. Many condominiums and homeowners do not like their tenants to have animals, because if there is a fine, it falls on the property.
If in any case we want to keep our “best friend” it is important that he has the vaccination record up to date, as well as the identification tag. Some properties allow pets weighing up to 20 pounds that fit into the small or medium dog classification. Typically, the owner will ask for a non-refundable pet deposit ranging from $250 to $500.
Note: All of the above may vary if your pet has an emotional support or service certificate.