Investing in Singapore properties is one of the best ways to increase the wealth. Real estate in Singapore is continuously evolving. Hence, investing in properties and finding a quality tenant for your property is important. Nowadays, rental properties are in great demand. So it is easy to find more tenants. A good tenant will take care of your valuable property and there will be no worry for you. On the other side, a bad tenant spoils your property. Moreover, you have to chase him property for sale singapore for the rent, and you will have tension and irritation. The peace of mind depends on the quality of the tenants in the investment property. There a lot of things you have to do to protect the investment property. It is an essential thing to find a good real estate agent to help you protect the integrity of the property.
Personal information and history
Before you choose your tenant, it is good to ask about the personal details. It is very natural and at the same time essential to know the basic details of the tenant. This is because they are the people going to live in your property. You should know about the habits in their life style. For instance, are they alcoholics? Are they work on night shifts? Will they cause disturbances to the neighbor’s house? Think about these details and be sure to know all these details. Note the reason why they are leaving from the current house. Check whether they want to live nearby the schools of their children. Gather information from the tenants and check what they are revealing you. In some cases, family members live in the same rental house for more years. On the other side, few people shift their houses often due to some reasons.
Many of the people are comfortable with the realtors nowadays. They are not meeting the tenant physically. They are contacting just over the smart phones and through the real estate agents. There is an essential need to meet the tenant in person in Singapore. Talk about the property management ideas and determine the quality of the tenant. Having a face to face contact is the best way to know about the house for sale in singapore tenants and will make you more comfortable about the property.
Financial reasons
Everyone is renting their property in order to earn money. Hence, it is obviously important to know about this check list. You should ask the tenant about the history of the job and make sure that he is financially stable. Check whether he is in a constant job. If you have a tenant as a student, there is no worry. Parents will pay the rent for sure. There is no doubt that every tenant asks for the cheaper rent. But if a tenant argues for the deposit waivers, mid lease terminations and security deposits even in the initial phase, please wave the red flags.
Lease period
The minimum lease period should be included in the rental description. It is wise to ask the question in the first meeting. Every tenant is going to have different needs. You should not ask the non leading questions. For example, you can ask, what is your lease period? You should not ask can you have the lease for one year.
Property maintenance
Luckily in some cases, few people will get a super tenant. This tenant will take care of the property so well. That is even he will report for a slightest issue like spider in the room. In contrast, some may get tenants who entirely spoil the house. They never report about the maintenance issues. Even they can repair a pipe. They may cause damage to the furniture in the property. Hence, while screening the tenants, it is important to tell them your expectations about the maintenance. You should include the reports for maintenance. Additionally, with a tenancy agreement, you can note all the needs from your side. You can include details like when you want the rent amount in the month, cost for any physical damages to the property, and so on.
Get the right advice.
To navigate all through the entire property journey in Singapore, you can refer a loyal real estate agent like maxmaran. He helps you to choose a right tenant for your property. He not only guides you but also take care of the entire tenant management task. Thus maxamaran helps you to save time and money properties in singapore in the long run. More importantly, getting a loyal real estate agent reduces unnecessary problems you have with the tenant in future.
