If you own a property in a highly booming location like Gurgaon, it opens the doors to having a consistent passive source of income. But do not let that sway or befool you. With the rise in the number of business organizations, startups, and corporate offices looking for rented properties in Gurgaon, there has been a rise in conflicts between the owner and the tenant side. In order to avoid such troubles, property owners must be vigilant and vocal about what they offer and also about the specific guideline a tenant is supposed to follow.
Asking about the time they plan to move in
For a start, it would be good for you to ask when the potential tenant is planning to move in. There is a chance that they are on the current lease and there is some time left for which an easy relocation won’t be possible for them. Moreover, any rush from your side in regards to publishing your property won’t be wise as your current tenant won’t be able to move in immediately if needed.
Check on how long they have been living at their current address
Having rented properties in Gurgaon which is a viable option for business and trade should be rented out to the right owner. When an individual or a business owner approaches you for owning your property for rent, ask them about the time duration they have been living at their current address. This will not only ensure stability as a long-term tenant but also let you know their background fairly; that too without sounding disrespectful to them.
Ask them for the exact reason they want to move in for
Some businesses choose rented properties in Gurgaon which can prove to be close to their workforce. Another reason could be the fact that the previous property they had been tenants to has hiked its rent. In any case, you need to be absolutely sure of their explanation to choose another location. Check for red flags like the potential tenant saying that they need to downsize their operations which might be a cover-up to the fact that they are not paying their rent on time.
The exact number of people who would be staying/renting
In order to avoid chaos within the locality where you are offering rented properties in Gurgaon, it is important to ask the number of occupants who would be dwelling in the place. If it is for private occupation, there can be tenants who have a lot of pesky requests and can even walk in with pets. So if you have reservations against them, say it away. When renting your space to a business owner, get all the info regarding how big their workforce is and whether the business involves any equipment or asset which can cause structural damage to your property.
Specify all the financial verticals
As the owner of the property, you might want to prune the low-income business or individual while offering your rented properties in Gurgaon. Therefore, it is best for everyone’s interest to filter those individuals and businesses whose income suits your expectations. It will be only fair from your end if you tell them about the amount you are going to charge as rent to avoid any future conflicts or misunderstandings.
To conclude, finding a suitable tenant for your real estate property is not a tough job so long as you advertise right, and have your agenda set for things you look for in your potential tenant.