Planning to rent a mobile home? Wondering if it is a smart move or just a waste of money? Not sure how similar or different it is to rent a traditional home property? With so many questions, it could be really hard to make an informed decision. But if you read on, you will get to know the important things and situations to consider while renting a mobile home.
Here’s are 5 tips just for you:
- Know your budget: You have to carefully assess if your monthly income can really support it and how your other expenses will be like. We all understand that however much we plan our monthly budget, some unexpected events may require us to be more flexible with our payments. Once you have it more or less figured out, you will know if you can actually rent a mobile home.
- Take the Location into Account: There are basically 3 ways in which you can rent a mobile home. Firstly, you can rent a home and a lot within a mobile home park. Secondly, you can take a home on rent that belongs to someone else in the mobile home park. Last but not least, you can rent a mobile or manufactured home at a private property. Though you may have to pay for the actual property as well, your agreement can make all the difference.
- Study Your Lease Agreement Carefully: With a clear lease agreement, you will understand your rights, responsibilities, and limitations. A well-documented lease agreement also assures you of the authenticity of the homeowner. Make sure that your lease agreement abides by the regulations and provisions of your local Manufactured/Mobile Home Landlord-Tenant Act.
- Check Out the Home Properly: What if you don’t get multiple chances to meet with the homeowner and will have to satisfy yourself with just one quality visit? In any case, you need to inspect the property before moving in. You need to check whether the property is clean, hygienic and decently maintained. You need to see if electricity, water connection, and other utilities are in place. Understand the instructions with the inventory of the property beforehand so that you are not accused of any damage or carelessness wrongly.
- Examine the Move-In Benefits: Before you decide to move in, check what the homeowner is ready to offer you. Is he ready to repaint the walls, put a new carpet or ready to replace any non-functional appliances? You have your own lifestyle and would like to stay in a place that speaks of it.
Keep these in mind before you sign the lease and start packing and you’re good to go.