When you’re renting a home, having a roommate is a great way to upgrade the properties you can consider, since you can split your living expenses. However, choosing the wrong roommate can turn your dream home into a nightmare. Before you start your roommate search, check with the property management company in Mesa, AZ who is in charge of the properties you’re considering to find out their rules for roommates and how they handle roommate applications. Here are some tips for navigating the process of renting a home with a roommate.
The biggest mistake most people make when they move in with roommates is that they don’t discuss their expectations in advance. Don’t simply assume that you can be happy sharing a home with someone just because you are friends. Talk about everything you expect from your new home, from how clean and organized you like things to be to whether overnight guests are allowed, well before you sign the lease. Having these discussions in advance makes it possible to avoid conflict after you actually move in together.
Find Out How Roommates Are Qualified
Different property management companies handle roommate applications in different ways. In some cases, roommates are required to each qualify for the rental on their own, without considering the reduced rent they will be paying. In other cases, property managers have lower income requirements for individuals who apply to be on the same lease for an apartment. Understanding these rules in advance is an important part of finding the right home.
If you are looking for homes together, decide what compromises you are willing to make so you can find a rental you both like. For instance, if a home has a great master bedroom but the second bedroom is tiny, decide if you would be willing to pay more to have the master bedroom or if having two comparably-sized bedrooms is more important. Knowing where you’re willing to compromise and where you aren’t will make it easy to narrow down your property choices.
When you move out of a rental property, your landlord and the property management company will expect you to clean it thoroughly. If you aren’t sure what kind of cleaning needs to be done, contact the property manager of your Mesa, AZ home , who can explain the expectations.
Watch this video for some tips on getting your rental home as clean as possible before moving, so you can avoid being charged for cleaning fees. Generally, your home should be as clean as it was when you moved into it. Be sure that all of your belongings are removed, or you could be charged a hauling fee, and repair any minor damage you see. Photograph the space when it is clean for your records, and request a walk-through with the property management company, so you aren’t surprised by damage or cleaning fees in the future.
At TransCity Property Management, Inc., we make it easy for prospective tenants to find great rental properties in Mesa, AZ, using our online rental system. Via our website , you can see our available properties and get all of the information you need to know about becoming a tenant.
Our website shows you specific information about each property we manage, including the square footage, number of bathrooms, number of bedrooms, and the current rent. You can search within specific areas of town and use our map feature to see exactly where all of our homes are located. You can also filter your search to limit it to properties that meet your specific criteria. When you find a home you love, you can apply for it online. Once you are approved, simply sign your lease and pay your deposit within 48 hours, and the home is yours to enjoy. We have new listings daily, so check back often until you find the perfect place to call home.
When you own rental properties , you can’t make money when they are sitting empty. Keeping your rentals full comes down to setting the right rent. Setting your rental rates involves several considerations that a property management company in Mesa, AZ, with experience in the local market, can help you navigate. When you’re determining how much rent you want to get for your property, these tips will help you get it right.
Avoid Standard Rental Rates
If you have multiple rental units, avoid the temptation to set a blanket price. For instance, instead of pricing all of your one-bedroom units the same, price them based on the amenities they offer. Charge more for things like views, updated appliances, open floor plans, or extra storage space. The price differences don’t have to be huge, but basing your price on the specific unit you’re offering allows you to maximize the value of each rental property.
Listen to the Feedback You’re Getting
When you advertise your rental unit, you can learn a lot about the appropriateness of your rent by the response you get. If you are inundated with an unusual number of callers who want to see your property, renters could be seeing your place as a steal. On the other hand, if no one is making an appointment to view the space, then your rent could be too high. When prospective tenants do see your rental, get their feedback. You may be surprised to learn how your property compares to others they have seen, and that feedback can help you decide if you should adjust your rent up or down.
Work with a Property Management Company
Having a property manager is one of the best ways to avoid missteps when you set your rent. Property managers know the market and how to target the right tenants for your home by setting your rent appropriately. They can provide advice on how much you can charge and when you should make adjustments, so that your properties stay occupied.