If you have invested in purchasing a real estate unit in Gurgaon, you have in deed made way to a lucrative source of income. The present urban population of Gurgaon comprises of professionals who have relocated to the city to earn their living. Though are in want of a comfortable shelter in the city but for a temporary basis. Under such circumstances, giving your owned property for rent would highly be profitable for you as your tenants would probably be belonging to the higher income section of the society.
Though quite lucrative, but giving out apartments on rent can be of great hassle if you do not follow certain necessary steps. Let me offer you with some tips that would tell you how to rent apartments in the right way.
Tips on How to Rent Apartments
Advertise your apartment for rent. Apart from putting up advertisements in newspapers, you may use the Internet as effective tool for promotion. For free advertising, you may even printout leaflets and glue them on the message boards of your local grocery stores. Do not hesitate to show your property to potential tenants. This would help the tenants to make a quick decision on whether to take the apartments or not, eventually benefiting you as well. If you apart has managed to impress your prospective tenant, make them fill up a form where all the details of your tenant would be stored. The form should contain spaces for name, address, phone number, social security, employment history, previous address, rent history, referral and the tenant’s signature. Also insist them to fill up a credit check consent form. Your tenant would be giving you the content in written document so that you have the right to check the credit history. Get the security deposit from your tenant before you handover your rent apartment. The security deposit usually amounts to the sum of the money that is to be paid as rent every month.
Before your tenant gets in your rent apartment make sure you run through a check list. Running a check list is very essential as you would come to know whether all the basic amenities are in good shape to welcome your new tenant. This would also help you to keep a track of the condition of the rent apartment at the time of relocation of your tenant.