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Property Enthusiast,

Rental Property - What all to consider?

7Mo ago 2 Replies 105 Views
Hi friends
I am looking for some information on best way to get a good rent property.
- I know there are strata reports available for the buyers but is such a report available for rent properties ?
- How to check the property in the 15 min open house that they have ? What to look for in such short duration?
Asking this because I had applied for a rental property, and they called to confirm manager email and informed that the owner would say ok to the application and they would confirm it soon. But when I did not receive a call, then called them about it and they said there was some concern that there was some issue in the plumbing. Also was informed prev tenant had left because of not pay the rent. Said they were fixing the issue and would update me soon.
Note they did not mention this at the open house nor when they first called to inform about the owner saying ok. Not sure if I should take this property for rent or not ! 
What do you think the reason could be and if this is the correct reason should I take the lease if they say it is fixed.

Looking for some genuine advice here people..I am really confused.

Thanks much.
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Joshua Joshua
7Mo ago
Maybe that's why the last tenant left not paying the rent,because there was very little maintenance carried out during their lease on the property..But once you look into the circle of ripples that some within the real estate game play and as a renter the maintenance side will not be your problem ,just how fast the problems are fixed when you lease the property and by the sounds of this it may be that the title holder never kept up the maintenance.
Roma Roma
7Mo ago
They don't need an excuse to reject your application if its lower than asking. If its got plumbing issues, you probably don't want to go for it.

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