Currently, the housing stock is much greater than the number of inhabited houses in Spain, according to data from the National Institute of Statistics (INE). That is to say, there are hundreds of unused houses that could be rented, increasing the supply of rental housing , which is so needed.
El increase in the number of homes for rent It puts downward pressure on prices, due to the law of supply and demand, and provides the owner with guaranteed extra income with little risk, as long as the rental is managed carefully.
The owners They fear, on many occasions, thattenantsThey may stop paying for the apartment, damage the home or its furniture, as well as other more serious situations, such as squatting.
Although each specific situation is unique and requires one measure or another, the reality is that for almost all of these problems there areprecautions and preventive actionsthat will prevent any of these fears from materializing.
Safety tips before renting your house
We are going to give you somebasic safety tipsand necessary for rent your house as an owner, updated taking into account the new Housing Law. Renting an apartment or house can be very simple and very fast, as long as you follow a series of safety guidelines.
Take an inventory of assets
The first thing, if you are preparing to rent your house, is to make a good inventory of goods that will be in the home and will be used by the tenants.
It must be reflected in the inventoryeverything that is in the property:appliances, furniture, wardrobes, beds... Also don't forget all the less valuable objects: television, kitchen utensils, iron, cleaning materials, etc.
In this way, you will have all the information collected in the same document.properties of your houseand the state they are in. In fact, it is advisable to accompany this inventory with photos that allow you to verify the condition of the goods.
This way you can try if objects or goods are missing , as well as if any furniture has been damaged or damaged due to misuse or abuse by the tenant. Of course, it will be important to distinguish between misuse and natural wear and tear of certain objects due to use.
This inventory complete should be put asannex to the rental contract.In this way, you link all these assets to the contract between landlord and tenant and ensure that you can claim damages at the end of the contract if necessary.
Study the tenant's situation
One of the main measures to avoid non-payment is to make a goodtenant selectionpotential to move into your house. That does not mean letting yourself be carried away by prejudices. Talking to a person for 5 minutes is not enough to judge if they are someone worthy of your trust.
The important thing is never appearances, but facts. Therefore, when you do interviews with tenants you should ask themsolvency guarantees.That is, employment contract, the last two payslips or the last personal income tax.
It is about knowing what the payment capacity of that tenant is. Yeahthe rental income exceeds 40% or 45% of your monthly income,the chances of you being financially drowned by rent payments are higher.
In the same way,the type of employment contractIt also gives you many clues. In general, a permanent employee who has been stable for several years is a safer profile than a person with a temporary contract.
In any case, you must keep in mind that each person hasparticular circumstancesvery specific. Ideally, their profile also adapts to your needs as a landlord.
El best profileIt is not always a person with a permanent employment contract. It may be a student who has 5 years of career ahead of him and who, despite not having income, has the support of his parents.
Take out non-payment insurance
Renting your house to a stranger is never easy. In reality, no matter how much you have analyzed theeconomic-financial situation of the tenantThere are many aspects that you cannot control and the risk of non-payment is always there.
Therefore, the most advisable thing to have complete peace of mind istake out non-payment insuranceof the home. Normally, these insurances offer coverage in case of non-payment (they are responsible for paying you what the tenant has not paid) and also include legal defense.
In case of non-payment, el insurance protects the landlordand can assume the payment of all the rents that have been owed by the defaulter, at the same time that it makes a claim for the unpaid installments through administrative and judicial means.
In fact, theinsurance companyIt will be the one who carries out the procedures to obtain an eviction order and the claim for damages. This insurance has a variable cost, depending on the insured capital and the services included, but it can range between €200 and €800 per year.
Write a good rental contract
Although it may seem like a very basic issue, the contract between the parties, landlord and tenant, is thereference document. have it taken into account to resolve any issue that is not established by law.
Therefore, it is essential that the contract clearly and precisely includes thekey aspects of renting: price, deposit, guarantee if any, duration and other conditions.
Request additional guarantees: two-month deposit
In housing rentalsAt least one month's deposit is usually requested.which acts as a guarantee against possible damage to the home. But it is not the only guarantee.
Sometimes, depending on the rental price andprior agreement with the tenant, can asktwo months depositand must be included in the rental contract as an additional guarantee.
En Yoigo Alarms We give you all the keys to rent your home safely. If you have any questions, visit our website or call us at 900 622 550 and let us help you.
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