Regret over choosing a rental property is not uncommon. By learning from typical mistakes such as going over budget or running into noise issues, you can better understand what to look for in order to find a property that fits your needs.
What are the common mistakes people make when choosing a rental property?
The following are typical examples.
- Going over budget：Rent puts pressure on the household budget and forces an early move
- Actual distance to the station：The "○ minutes on foot" shown in property listings is based on the simple calculation of 80 meters = 1 minute and does not account for slopes, traffic lights, or railroad crossings
- Insufficient storage：Designer properties often prioritize appearance, leaving storage space compromised
- Differences between daytime and nighttime conditions：Some areas are quiet during the day but become busy nightlife districts at night
- Differences in residents' lifestyles：A mix of night-shift workers and families can lead to noise problems
What should you watch out for to avoid mistakes during your property search?
A good rule of thumb is to keep rent within 30% of your monthly income
However, because conditions vary by area, you should decide based on whether you can cover your living expenses with the amount left after subtracting rent from your take-home pay.
Prioritize your requirements
If you clearly identify one or two conditions you absolutely cannot compromise on and rank the rest by priority, it also becomes easier for the real estate company representative to make suitable suggestions.
Check earthquake resistance
Make sure to confirm whether the property was built under the new earthquake-resistance standards introduced on June 1, 1981.
Compare multiple real estate companies
This can help you access information on off-market properties and compare the responsiveness and quality of different representatives.
What are the easy-to-miss checkpoints during a viewing?
- Check whether facilities and equipment work properly (and match the listing details)
- Check room size and outlet locations with your furniture layout in mind
- Check drainage and odors in wet areas (actually run the water)
- Sound insulation：How much walking noise and door-opening or closing sounds carry
- Condition of shared areas (entrance, garbage disposal area)
- Actual walking time to the station (including nighttime safety)
Frequently Asked Questions (FAQ)
Q. What should I do if I cannot visit the property in person?
More real estate companies now offer online viewings. You can check the room and surrounding environment through live video.
Q. How can I spot a bait listing?
If the conditions seem too good and the property has still been listed for a long time, you should be cautious. Contact the company directly to confirm whether the unit is currently vacant.
Q. What important items should I confirm in a rental contract?
Be sure to check special clauses on restoration obligations, penalty fees, whether pets are allowed, move-out notice rules, and the contract type (standard lease or fixed-term lease).
