Short-term rentals (6 months or less) offer flexibility for uncertain situations but typically cost 10-20% more per month and provide less stability. Long-term leases (1-2 years) usually offer better rates, priority during renewals, and stable housing, but limit your ability to relocate quickly. Consider your career stability, relationship status, and life plans. Many landlords prefer long-term tenants and may offer incentives like rent freezes or minor upgrades.
Research current market rates for similar properties to understand if the increase is reasonable. Highlight your positive tenancy record, prompt payments, and property care. Consider negotiating longer lease terms for rate stability, or propose smaller incremental increases. If the increase is excessive, be prepared to explore alternative housing options while maintaining a professional relationship.
Clarify responsibility for mowing, pruning, sweeping, and bin management. Agree on weed control and handling of fallen leaves after storms. If a gardener is included, confirm frequency and scope. Outdoor upkeep keeps pests down and protects your deposit.
Save the signed agreement, inventory, payment receipts, and all maintenance chats. Store dated photos of existing defects and meter readings. Keeping a single folder prevents disputes and speeds up deposit discussions at the end.
Take advantage of amenities to justify higher rent costs. Use the gym instead of paying for external memberships, utilize the pool for exercise and relaxation, and book function rooms for gatherings. Many condos offer additional services like concierge, dry cleaning pickup, or maintenance services. Factor these conveniences into your rental value assessment.
Common deductions include excessive cleaning needs, damaged furniture or fixtures, unpaid utilities, missing keys or access cards, and alterations made without permission. Normal wear and tear should not be deducted. Take detailed photos at move-in and move-out to document the property's condition. Keep all receipts for any repairs or replacements you make.
Yes. Check that there’s an aircon in each bedroom and the living room. Make sure they all work. Also note the number of power outlets in each room. Some older flats have few sockets, so ensure there’s one where you plan to put your TV or computer. If not, you’ll need extension cords. Knowing this upfront helps you plan.
Most condos have strict renovation guidelines that tenants must follow. You typically cannot make structural changes, install permanent fixtures, or renovate during restricted hours. Even minor changes like painting or installing shelves may require management approval and deposits. Always check with building management and get landlord consent before making any modifications.