Landlord Bad Business Practices
There are plenty of apartments available that are well managed and have a nice amenities. However, some renters may encounters property managers who do not make their tenants or building upkeep a priority. The information listed below will help you become more informed of what to watch out for, especially if you plan to live outside of the campus neighborhood. The place you choose will be your home for the next 10 to 12 months, so choose carefully.
Good and Bad Signs
Below are a list of good and bad signs that may help to identify if you are making a good choice when choosing your apartment. Some of these issues are more important to some than others.
You should also too-good-to-be-true rental incentives such as:
- Two months of free rent
- No security deposit and half off first month's rent
- Refer a friend and get a $500 rental rebate
In cases like these, sometimes the property owner will drastically cut rent rates on a building in attempt to lure new tenants to a building that has a high tenant turnover due to faulty conditions, or it could be the case of new management looking to fill a building that has recently reopened. You should always find out the reason for such an aggressive incentive. The most desirable apartments usually do not stay on the market for more than eight weeks at a time and rarely offer such generous incentives. If something sounds too good to be true, it probably is.
Talk to current tenants. Find out current tenants' opinions of the building and why they are choosing to live there. You should not take what is said at face value, but if every tenant's remarks are similar, you should take what they are saying into serious consideration. You can also check out building review sites such as Apartment Ratings and Apartment Reviews.
Check out the neighborhood during different hours of the day. Sometimes the atmosphere is much different at night than in the morning.
Ask These Questions
- Who do you report building emergencies to?
- Where does the maintenance manager live?
- Do you have or have you had any building code violations in the past 12 months? You can also contact the Daley Center in Chicago for this information.
- Do you have problems with roaches, mice/rats? If not, have there been problems in the past? How often do you exterminate?
- How often are maintenance checks performed? (Should be at least every three months.)
Check These Features
- Cabinets – do they open and close properly?
- Flush the toilet & turn on faucets - is the water pressure okay?
- Floorboards – are there loose floorboards?
- Common areas, laundry room, recreation room, wall and stairwells – are they clean and well maintained?
- Visit at another time to access building noise level and scenery – is the night scene all right?
- Workmanship – are the paint jobs sloppy and/or tub caulking messy?
- Signs of bug and rodent infestation – look in kitchen and bathroom areas especially under the sink for droppings, nests and other residue.
- Find out average tenant age group – are you all right with living around this age group?
- Run the dishwasher and stove and check refrigerator freezer to confirm proper performance.
- Test air conditioner and heating source to make sure it works properly.
- Sturdy door locks and working windows.
- Examine floor for marks and stains.
- Smoke detectors and carbon monoxide monitors – in working condition?
- Intercom – works properly?