3 things to think about before buying a holiday home
A holiday home is great for knowing you can get away whenever the urge takes you. However, what should you consider before making an investment?
In today's tight, high-action rental market, it may be helpful for investors in real estate in Bunbury to consider asking renters a few questions before they sign a contract.
It's good to get in the habit of asking renters why they are moving from their current home or apartment. Good reasons are that they're looking for more space, relocating or in search of an upgrade to their current accommodation.
Knowing whether the renter's previous property had bond deductions for damage, leftover utilities or rent arrears will give owners vital clues as to their routines and reliability.
If in doubt, requesting character references may be helpful, and all you need to do is ring up the tenant's previous property managers.
It's also important to know when the renters would like to move in, and what their plans are for moving. Their answer to this question will give you a good idea of how organised they are.
Asking these questions will help ensure owners and investors are finding the right match for reliable tenants of houses to rent in Bunbury. It will also make sorting through the numerous applications owners are likely seeing from the current tight rental market easier.
A holiday home is great for knowing you can get away whenever the urge takes you. However, what should you consider before making an investment?
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