
We’ve all been in a scenario where we either hate our rental house or the landlord from whom we rent the house. Either of these can lead to so much unneeded stress. That is why when you feel you have found the perfect rental home and the perfect landlord, you should ensure that the relationship is always on the up and up. One of the best ways is renewing your rental lease early, as sometimes this can have benefits far beyond simply bettering the relationship between yourself and your landlord.
Market Changes
The housing market can often directly affect the amount a landlord needs to charge for rent. If the market shifts and it suddenly costs more to afford the property, the landlord must charge more. Simple. In light of that, someone who signs a two-year lease could “lock in” a lower rental amount if the market were to shift, say, for year two of the rental agreement. The same can be said about signing your lease early next year. If you and your landlord agree and the market changes, you could also find yourself in the “locked in” category of tenants paying below-market rental costs.
Landlords Love Reliability
One of the best things a landlord can ask for is a tenant who pays rent on time, doesn’t cause any issues, and doesn’t damage any property. You are in a pretty good scenario if you believe you fit into this category. Your landlord probably loves you! Use this as an opportunity to negotiate your rental agreement. Sometimes, having the perfect tenant can be worth sacrificing a few extra monthly rents. This will not always be the case; however, being a model tenant is a great way to ensure that if the opportunity arises, you can take advantage of it.
Contact your landlord if you have questions about your lease or need a copy. When it comes time to renew your lease or find a new home, remember these tips. They could help save some money and stress in the long run. For any questions about houses for rent in Toledo, Ohio, contact us today!