Owning a home can be an expensive goal that younger people do not pursue until they are married and have children. Most young adults prefer the benefits of renting. Renters are not responsible for any problems that arise while living in the home. Not having to pay for repairs, especially in an emergency, can save money. Renters are not always required to maintain their yards. They also almost never have to pay property taxes. When you rent an apartment or a house, you are starting a new chapter in your life. Looking for a rental home can be a fun experience, but it can also be a terrifying one. Check out these red flags while searching for a rented house.
1. Keep an Eye Out for Visible Signs of Water Damage
Visible signs of water damage are something you should keep an eye out for. Water damage is most commonly caused by roof leaks or leaks caused by plumbing problems. Water damage can show up in a variety of ways. Standing water on the floor, for example, would undoubtedly indicate a problem. Water damage causes spaces to smell musty, damp, stale, and even mildewy. If the problem is not addressed, areas can become the ideal environment for mold to grow, resulting in allergic reactions, respiratory infections, and memory loss as mold infestation symptoms.
2. The Asking Rent is Insufficient
Many victims will be lured in by con artists and shady brokers with the promise of rent that appears almost too good to be true. If you’re looking for a rental in a specific neighborhood and come across one that’s a few hundred dollars cheaper than the others, proceed with caution. Chances are it’s a phony listing or a phony rental rate designed to entice you.
3. Investigate the Landlord
A simple Google search can reveal whether the person is local to the area, or if they’ve been named in previous scams by news outlets, local law enforcement, or previous victims.
4. Check the Address
This helps you avoid being duped by an agent who wants you to accept another apartment. Search the address online to see if the property is listed for sale by another real estate agent or if the rental has different contact information elsewhere, which could indicate that the property is being used as a scam.
5. Examine the Property’s Street Views
When viewing the property on an online map, select the street view option to see if the exterior photo in the listing matches.
6. Visit the Rental and Take a Look Around
You’ll be more likely to notice other details that may be deal breakers for your next home if you do this, such as an aggressive neighbor dog, a busy street, or poor upkeep.
7. Let’s Meet in Person
Many con artists are unwilling to meet in person, but if you do so for an apartment tour, you will be able to obtain proof of access to and knowledge of the property as you walk around and ask questions.