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Average rent

Prices have also been pushed up since a law change in , allowing private individuals to charge tenants based on their mortgage costs rather than comparable rent prices in the neighbourhood. Meanwhile, employers from a range of industries are also struggling.

Should You Invest In A House Or Flats... Which Make The Best Buy To Let Investment Property?

Elise Lilliehook, recruiter and Stockholm resident thinks making it easier to get first-hand rental contracts could be one solution to the crisis. But on a local level Stockholm is investing heavily in both building programmes and administrative support for newcomers amid fears that the crisis could have an impact on business. Successive governments have failed to build enough homes for its long-term residents, let alone the latest arrivals.

Open share tools. Like us on Facebook. Follow us on Twitter. First, the rental lease you signed is between you and your landlord, and any damages that arise from a subletting tenant will be your responsibility.

And you may need to act like a sub-landlord, collecting the money yourself and then paying the landlord. It's also possible your lease has clear prohibitions against subleasing, for obvious reasons—your landlord has leased to you based on your financial background and reputation, and introducing an unknown tenant into the equation can be very problematic. Still, it is worth a try if your landlord won't agree to change the lease in other ways.

Approached directly, and allowing the landlord to interview and approve the person you've chosen may be all it takes to get the deal done. The landlord's concern, after all, is about losing money on an apartment that sits idle and provided the income stream remains steady, they may agree to a sublet arrangement. You will, though need to advertise, interview, and select an appropriate candidate, which can be difficult.

Remember that you are responsible for who you select, and you may not have much legal protection if your sub resident fails to pay—the responsibility to the landlord is yours. Do not try to sublet on the sly, without telling the landlord. You almost never get away with this, and it's not worth the risk. Also, if your lease is several months away from expiring—for example, you just signed a one-year lease a few weeks ago—then chances are you'll be ready to move to your new home before your lease expires, which means you won't have the opportunity to try these options.

However, you should screen applicants to ensure that they are financially able to rent your property, and likely to take good care of it. Your criteria should be the same for all applicants, and keep records. Screening can include: [13] Asking for references previous landlords, and personal references if necessary Verification of income like a recent pay stub to show tenants will be able to meet the rent level.

Make sure the rules are clear. This protects you and your tenants, since everyone will have a clear record of requirements.

Things to Think About Before Renting Your First Apartment

The rental agreement or a separate set of rules can create good relations by specifying things like how much notice you will give tenants before entering the home for inspections. Likewise, if there are any shared areas, like a grill area or clubhouse, post rules for proper use. Promptly handle any necessary repairs or upgrades.

Tenants have a right to live in an apartment that is safe and functional. Ask your tenants to let you know as soon as possible if a pipe bursts, a ceiling leaks, an appliance gives out, or there is any other issue. Then, take care of these repairs right away. This will keep your property in good condition, and your tenant happy. Listen to your tenants. If there are any issues, whether they involve costs, facilities, or resident life, hear your tenants out.

Then work with them to reach solutions or compromises. Residents will be happier and more likely to renew rentals if they feel like they can communicate with their landlord.

An In-Depth Guide to Renting an Apartment in Bangkok

Take legal action when necessary. If you have tenants who consistently will not pay rent, conduct illegal activities on the premises, severely damage your property, or violate the lease agreement, you will need to take action. Talk to your lawyer about the proper way to proceed. In other cases, you may have to evict or sue the tenant. Carla Toebe Real Estate Broker. Carla Toebe. Prior evictions will show up on a credit report check. Also, a criminal background check may include a search for eviction filings and eviction judgments. The judgments will show up on the credit report if they are not expired.

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Not Helpful 0 Helpful 1. Andrew Serrano. Truthfully, key fob access works best. This way you can limit the time frame during which the pool can be used.

Know your rights when you rent in Boston |

You can set up the key pads at any pool doors and limit entry based on time frames or number of times used within a set period of time. On the plus side, this is relatively foolproof, and if a key is lost or misplaced, you can remove the access from the system. On the negative, these systems can be a little pricey, and upkeep of the electronics can be an added cost that some owners may not want to pay. Include your email address to get a message when this question is answered. Already answered Not a question Bad question Other.

Make a good impression on landlords

Tips Familiarize yourself with the Landlord Tenant Act and Fair Housing Guidelines in your state or area to ensure you understand what is required and expected of you as a landlord, even if you have a lawyer. Find out if crime prevention seminars are available in your area. If so, attend a seminar to learn about current crime issues in the area as well as prevention strategies to protect your property. Edit Related wikiHows. Article Info This article was co-authored by Carla Toebe. Did this article help you? Cookies make wikiHow better.