If you’re a resident in Reno looking for a new home to rent, there are lists of questions you should ask before you fill out an application or hand over a security deposit. Instead of going through the entire list, we’re focusing today on a few of the most important things you have to ask before you lease a Reno rental property.
With the housing crisis we’re currently having in Northern Nevada, it can be difficult and stressful to find the right property. But, you don’t want to settle for something that doesn’t fit your lifestyle, your family, or your budget. So, make sure you’re asking the most critical questions.
Request a Copy of the Draft Lease Agreement
Ask for a copy of the draft lease that you’ll be expected to sign.
Realtors and property managers are always going to have a copy of the contract and all its terms. It might not have your exact rental amount and the property’s address on it because those things will be included once you’ve found a property and you’re ready to sign the lease. But, you should be able to see the draft.
There is no state law or mandate that says we all have to use the same contract. So, you may find different types of lease agreements when you talk to different property managers or landlords. We can put together our own agreement, which gives us some flexibility in terms of how things are structured.
You want to have a good idea of what you’re signing before you put a deposit down or pay the first month’s rent. Ask for a copy of the draft lease. It’s a request that will be accommodated by the agent you’re working with if they’re good agents.
Ask About Rent Collection Policies
The other important question to ask is pertaining to rent. This information will likely be in the lease agreement, but having a conversation about it always helps. This is one of the most important questions you can ask before moving in. Find out:
How much rent is due.
When it’s due.
How it should be paid.
If you get paid on a certain day and you’re worried that rent will be late because of the timing of your paycheck, talk about the options you might have. Clarify when you can pay rent before you sign the lease so you’ll know what’s expected of you and what you’re allowed to expect from the landlord. Sometimes residents will expect one thing and then encounter something else. We like to say that you have to slow down to speed up in many cases. Ask the right questions so you’re being smart, and don’t rush into anything.
We help a lot of residents find new properties to rent in Reno. Contact us at Mynd Property Management if you’re looking for a new rental home. We have a search function in our website which makes it easy to search by square footage, price point, etc. We look forward to working with you.