8 steps guide to renting a property By EichenGlobal Posted in Uncategorized On 13. December 2019 Owning a house, well that is difficult but how about renting it? Finding and securing the right property can take time and energy, so we have compiled a list with things you ought to look out for, when trying to find the right place to live. 1. Finding the Right Home First of all you need to know what type of property you wish to rent. Serviced, furnished or unfurnished, temporary, co-living, a house or an apartment. Most likely your choice will depend on two things: how long you are planning to rent for and of course your available budget. 2. Where will you find the right place The best place to find the right property is of course the internet. There are plenty of platforms out there which can help you find your next home and you can search by entering location, size, equipment preferences etc 3. So you have the right place, it’s time for the viewing So you have spent hours looking online, and finally found the right property that ticks all the boxes and you are ready to view it. You have managed to get an appointment with the landlord or the estate agent and your re ready to go. One word of advice, come prepared. You are probably not the only person looking at the property and you will face stiff competition. So, when you go to the viewing try and make an impression by not only looking your best self (yes appearances do matter to landlords to, especially when they have a choice of tenants) and bring copies of all required documents with you. You should have asked when you arranged the viewing what type documents the landlord requires. There are of course the standard ones like Schufa entry details, copy of your payslips, a recommendation letter from your previous landlord etc. Don’t overdo it however but try and find the right balance and go the extra mile maybe by including a little letter of introduction about yourself (and the people who will live in the property) so that the landlord will get to know you. Bring it in a little document wallet, which you can leave with the landlord right there and then. 4. Viewing the property When you go to visit the property make sure that your viewing starts outside already. If you own a car and you need a car parking space, have a look around the vicinity whether there is ample car parking space available or ask for the availability of a rental space. At the same time check out how far the next public transport options are and whether there are shopping opportunities for your daily needs. Have a look around the entrance of the house, the letter boxes, the rubbish area and the stairwell. Do they look clean and well cared for? If not, this could a be a warning sign. Already at this point start listening to the noise level around you, does it bother you? 5. Ask, ask, ask When you view the property ask as many questions as you can and get to know the area and the tenants. The best possible scenario is when the old tenant is still in the property and you can ask questions about the neighbourhood, the other tenants or indeed the landlord. 6. Don’t forget your measuring tape When you are mentally planning out where all the furniture is going to go, it does help to have a measuring tape handy, to see whether that big old wardrobe will fit. When you have a look around check how light and airy the place feels. Does it get enough natural daylight-if not, is it important to you? Depending on the time of year, does the place feel warm, cold or drafty? How is the place heated, underfloor heating or radiators? Do you have a preference? One big problem older places tend to have is that there are never enough electrical outlet points. Would that bother you? Also have a look at the fuse box etc and get a feel for whether it is all kept up to date and in warranty. 7. Get an overview of all the additional costs We told you to ask as many questions as you can, and one big one is of course the additional costs which will generally come on top of your monthly rent like heating and property maintenance, insurances etc. See whether you can get an overview from the current tenant to help you budget. Now that you have looked at the property and maybe even liked it, it is time to tell the landlord or estate agent and find out when you can find out whether you will be able to rent the place. Agree on the next step and stick with it. Good luck with finding your next property – if you need help, we always have great apartments like this one in our portfolio and can help you finding your next property.