Common questions and answers about renting property
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Do I need to spend something to put my property on rent?
This depends upon the strictly upon the property and the asking rent. If the property
is in high demand market then you need not spend anything because you would get
many eligible licensees for it but in case the asking rent is high or the property
is currently in low demand market then marketing expenses or the estate agent’s
fees needs to be paid to find a tenant for you. Contact us to get the exact situation.
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I stay out of Pune can I still rent out my property?
Yes, you can but you need to come down to complete the documentation and sign the
agreement. You can also hire a property manager for this task or give POA (Power
of Attorney) to someone local to do these formalities on your behalf.
You can also consider PropertySafe Service.
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What is this Police verification?
As per the new laws of tenancy, landlord is required to get the police verification
done of their new renters. Its important for your property too hence its always
beneficial to get police verification done before handing over the keys to the new
tenants.
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Do I need to be present for Property Viewing?
It’s a matter of choice else you need not be present. All this can be done by your
trusted agent or property manager. You only need to analyze the offers and select
the best.
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How much will it cost to have my property managed?
The cost of property management offered by Lisa Home solutions (P) Ltd in Pune is
very affordable. Please contact our property management team for further details
on propsafe@lisahomesolutions.com
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Should I get the property ensured before renting it out?
It’s a matter of personal choice but insurance always helps.
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Should I get my property furnished before renting it out?
This varies from case to case basis but if the furnishing is fetching more rent
then this works out for a good option. But then the ROI needs to be calculated by
taking into account of how much investment is required to furnish the property and
how much extra rent is being generated.
Step-by-step guide to selling
your property