The process of renting your home to another person can be confusing and have many moving parts. Here are some things to consider before you begin the journey.
Don’t Wait too Long to Hire Help
Hiring a real estate attorney is a great way to ensure that you get through the rental process unscathed- particularly if it is your first time renting. In some cases, people wait to hire a real estate attorney Columbia MD once they have begun renting and a problem has arisen. Hire someone to help before you get too far along, and definitely before you draft and sign any paperwork. An attorney can ensure that every base is covered and that you and your renter are clear on all of the legalese.
Get a Home Inspection
Before you rent your home, have it inspected by a professional who can provide written documentation of any improvements that you need to make, as well as the condition of the home before it is rented. This can help you to avoid costly fixes down the road if it can be proven that everything was in proper working order when the property was turned over to the tenant.
Clean and Paint
Do your best to liven your home up for the new tenant. Even just giving the walls a new coat of paint can help the renter feel like the space is their own. If the carpets are older, do what you can to shampoo them and make them as fresh looking and smelling as possible.
Renting your home can be stressful and emotional. From cleaning to navigating rental contracts, it can begin to feel like you are going down a never-ending rabbit hole of home-related activities. However, ensuring that your home is in tip-top shape and hiring the correct help can make the process seamless.