Rent Smarts 101 – Part 2

Renting an apartment or condo, leasing a piece of equipment, renting business property, or leasing a car all involve the common practice of borrowing something that is owned by others. This experience can easily become a nightmare with a bad landlord or if you don’t understand your obligations. In Part 2 of this two-part article, we give you the rest of the tips to becoming a smarter renter.

Proactive disclosure. If you think you will need a temporary exception to part of the lease, try to include it in your upfront negotiations. This could be something like a specific rent schedule or allowances for a pet. If this is not possible, consider proactively disclosing the exception to your property owner. This will help build trust and a reputation as a good tenant.

Keep the property clean. This is especially important if you have a pet in a rental home. When landlords come into your home, you will build confidence if the place looks like you treat it as if you owned it. The same is true with rented equipment. Always return it cleaner than you received it.

Know the owner and neighbors. Building a relationship with the property owner and your neighbors helps. If your neighbor has a problem, wouldn’t you rather have them come to you than your landlord? Establishing a good working relationship with a landlord will help you when you need help with a problem in your apartment or with the equipment you rent.

Leave with a smile. This is especially true for home and vacation rentals. When you leave, have the property cleaned and hassle-free for the landlord. Request a reference from the landlord for future rentals.

Hope you found these tips helpful!