Rental Red Flags to Be on the Look Out For

Right Facing For Rent Real Estate Sign Over Clouds and Sunny SkyHunting for a new apartment isn’t easy. There are dozens to choose from, but they are all hard to decide. You like the area, but will you like the neighbors? How will the landlord be? While there is no 100 percent proven way to pick the perfect apartment, there are some red flags that are good indicators you might want to keep looking. So before you settle, check out these top red flags.

How is the Parking Lot?

How a property manager takes care of the parking lot is a good indicator of how they take care of the units and the rest of the property as well. If the parking stalls are cracked or there are missing lines in the parking lot, it tells you that management isn’t very concerned with the appearance of their property. Also, look for other signs of neglect. Is there a car that appears to be parked there for months? Does the manager allow junk vehicles covered in tarps to be parked in the corners?

Lack of Parking

While the appearance of the parking lot is okay, how is the parking situation in general? Is there enough space for you? Will there be assigned spots or does each tenant have to fight over what is available? Also, what is the situation for guests? Unfortunately, a lot of apartment complexes in the downtown area are severely limited on parking. Guests have to park on the street and some tenants have to wait for a reserved spot to open up — which could take months or the entire span of the lease.

What is the Current Tenant Situation?
Before you schedule an appointment to take a look at the inside, why don’t you show up early and just people watch. See what type of tenants are already living in the apartment and if they are going to mix with your personality.

Also, look around at how other tenants treat the complex. Look at balconies too. Are they cluttered in excess? Or does the property manager seem to have a hold on how people treat their units? Also, look at the trash dumpster. If it’s overflowing, not well kept or even closed in, that’s a good indicator that property management doesn’t care how tenants treat it and they don’t care how it looks.

Inspect the Apartment

If the property owner won’t let you thoroughly inspect a unit before renting it, it is a good indicator they have something to hide. Go through the unit and turn on everything — from lights to faucets to flushing toilets and turning on the oven. You want to make sure you’re getting a quality apartment and not moving into a headache.

Jun 2014