6 Essential Things to Consider for House Rentals

Thursday, April 28, 2016


Tips before you start looking houses for rent

6 Essential Things to Consider for House Rentals


There are many different types of homes, and each of them suit various needs. If you're not quite ready to be a home owner, for example, then perhaps you'd prefer an apartment. On the other hand, you may require more space if you have a family. Regardless of what your situation is, there are many factors to take into account while trying to decide on what your next housing situation will be. In addition to space, there are essential elements such as the location of the home and proximity to your job, how you begin your search for a house rental, and what kind of amenities you'd like. Given that the housing market in Malaysia has been booming since the mid-2000s, there are lots of units to choose from. Finding a rental house, whether for the short or long-term, is relatively simple if you know how to use real estate tools and who to speak with.  Here are six tips to help you find a rental house that suits your needs perfectly.


6 Essential Things to Consider for House Rentals;Tips before you start looking houses for rent
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1. Excellent Photos in Listing

 One of the most useful ways to start is to look for houses for rent. PropertyGuru Malaysia is one of the most popular property portals for real estate searches and is a good place to start. However, given how many different listings you'll find, you need to go in with a few basic tips in mind. For starters, one of the best ways to narrow down which properties look like real rental possibilities is to examine the completeness of the listing itself. Real estate advertisements that are too short, lack clear photos, include only stock photography, or are vague about contact information are all indicators that you're dealing with something that might be a scam. Unfortunately, real estate fraud is one of the most common types of scams throughout Asia. Frauds posing as legitimate brokers and realtors draw clueless buyers and renters into a state of false confidence and trust, and then make off with their money. In order to avoid this situation, obviously you need to secure proper identification if you're dealing with a broker to rent a property. Even before that, though, make sure to scrutinize a listing you find online. The number one thing to keep in mind is that if it looks too good to be true, it probably is. That goes double if you see anything on the listing, especially the photos, that look fake or blurry.

2. Deciding on Furnished Versus Unfurnished

Some houses come furnished versus unfurnished, and this can impact your budget tremendously outside of being a personal preference. For example, if you move into a furnished house, you will avoid the costs of moving furniture or purchasing new pieces. On the other hand, some people are not comfortable using furniture that they haven't purchased themselves, so it's really up to your personal preference.

6 Essential Things to Consider for House Rentals;Tips before you start looking houses for rent
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Another thing to consider is how long you plan on renting a house. If you're only going to stay for a short time, it may not be worth furnishing your home from scratch. Many property seekers will invest in furniture once they're ready to purchase a home, or at least intend to rent long-term. You don't want to be stuck with lots of furniture if you ever need to downgrade to a smaller home, so unless you're looking at a long-term commitment, furnished can be better for your wallet. However, if you're ready to settle for a bit, then go with unfurnished.

3. Transportation Plans

 Although Malaysia is known more for its extreme traffic jams and overcrowded highways than public transportation, this may be about to change. The Malaysian Digest reported that Selangor Menteri Besar, Azmin Ali, announced a revived commitment in improving public transportation, stating that simply building more highways will not help to stave off more traffic problems. This is an important aspect to consider if you're concerned about being in close proximity to your place of employment or children's school if you also have a family. Renting a house is also a good way to test an area before purchasing, so if you find an area that has potential for the type of transit growth in which you're interested, renting first can be a boon to your decision making process.


6 Essential Things to Consider for House Rentals;Tips before you start looking houses for rent
photo : credit to www.MalaysiaCentral.com


4. A Reliable Broker or Realtor

There are several scenarios you may find yourself in when you're looking for a rental property. If you've narrowed down the possibilities and are trying to make a decision, you may have to deal with a broker. Many property owners prefer to rent out their real estate through brokers due to the fact that transactions go more smoothly, there's less work involved for landlords, and potential tenants are immediately vetted and informed of renting requirements. There's usually a broker's fee attached to signing a lease, whether the broker is an individual you've paid to help your or someone that you are required to conduct the transaction through based on the landlord's preferences.
If you use a broker or realtor to help you find property in the first place, make sure you're dealing with a legitimate professional. There are plenty of scam artists out there, but a simple Internet search and request for references can go a long way.


6 Essential Things to Consider for House Rentals;Tips before you start looking houses for rent
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5. Desired Amenities

Every property has different amenities, and they vary widely. If you're looking to rent a house in a township, you'll have access to many different types of amenities that you wouldn't in a more general suburban or urban area. Townships often offer such services as security, air-conditioning throughout all units, whether apartments, houses, or condos, and sometimes access to local parks and daycare centers. It depends on where you're looking and how much you want to pay. When you search for rental properties online, you can easily mark off what types of amenities you desire and see what comes up. One of the best parts of browsing for your next home on the Internet is the fact that you have many tools at your disposal to filter out results, and come away with potential homes that are exactly what you want.


6. Location Requirements

Don't forget about the future, even if you're not planning on staying in your rental property for long. It's better to rent in an area you're considering living, because while you test the experience, you're also being practical and cutting out unnecessary expense and time wasted searching for a community that's the right fit once you're ready to purchase a property. The Malay Mail Online points out that one important thing to watch for is adjacent land that's undeveloped or vacant, since you won't be able to tell what might go up in the future that blocks access to important transportation features like highways. This is especially important to remember if you're planning on staying in the area for a longer amount of time than just a year or so, whether you're renting or intend to purchase eventually.
Finding a suitable rental property can be a stressful ordeal, but as long as you're organized and thorough, it doesn't have to drag out and you'll end up with a home that fits you and your family. By using the right website, dependable real estate professionals, and outlining your needs clearly before you start your search, you'll be able to locate the right type of rental much more quickly than if you just dive in headfirst by searching through random listings

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