Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,626 members, 7,993,115 topics. Date: Monday, 04 November 2024 at 06:59 AM

Renting A House? 5 Things To Consider - Properties - Nairaland

Nairaland Forum / Nairaland / General / Properties / Renting A House? 5 Things To Consider (29858 Views)

Cost Of Renting A 1 Bedroom Apartment In Abuja | Co-tenant / Cost Of Renting A 2 Bedroom Apartment In Lagos | Co-tenant / Cost Of Renting A 1 Bedroom Apartment In Lagos | Co-tenant (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Renting A House? 5 Things To Consider by micronut(m): 7:14pm On Dec 07, 2019
Houses are no doubt one of the basic necessities of life, just like food and clothing. One who has gotten a house to stay put and cover over his or her head, has succeeded in fighting homelessness.
Everyone needs a home, whether on rentage for years or for days, or even as owner, as a lifetime property.

A home is a shelter, an habitat where everyone dwells at one point or the other, and because of movement and migration of people from one place to another, for businesses, ceremony, Education etc, renting has become one service that almost every one will always subscribe to.

So, if you are considering, renting a home possibly because you just moved to a new city for work, businesses or education, here are five key things you should consider before agreeing to pay for that rent.

1. Environmental Needs : A popular environmental quote says[i] “If you think the economy is more important than the environment, try holding your breath while counting your money.” — Guy McPherson, School of Natural Resources, University of Arizona[/i]

The above clearly shows that as much as the economy is important, friendly environment that satisfies your personal needs is more important, especially when they affect your total wellbeing, business or life generally.

While growing up, our neighborhood was always lively, with constant electricity but there was one big problem, noise. There were sawmills around that were almost working round the clock and ended up giving people sleepless nights, so in the end, they made every available good sides almost irrelevant for many, so people started relocating to a new area, especially when there were sudden rise in their influence.

As small as noise may be, some hate it like Mad, especially when you have gone for days, hoping to get home and sleep, only to be welcomed by noises from religious centres, clubs, and factories generators. It can be excruciatingly annoying.

Apart from noise being a disturbance for your sound sleep, it can also cause distraction for studying.


There are also many other environmental needs, that one should seriously consider when deciding to rent a house.

As a one time facility manager, I was showing a guy a spacious nice self contain room one day, telling him, how he will enjoy the tiled floor, the kitchen, the toilet facilities and constant electricity.

Then I noticed he was just pressing phone, moving to every corner of the house.

It later occurred to me that he was only actually looking for Internet networks or services to see if the room has one.

After watching him for like 2minutes, he raised his head up and smiled.

He said, Egbon I like the room, it has all internet services. I do most of my stuff online and I can cope with everything else including erratic power supply because I have a generator but without internet, It will be hell of a home for me.

Then we both smiled.. I understand.

This is an example of personal special need that is important for different individual. Don’t just assume..

I have lived in a house during my masters day, that I had to go out every time to access internet. As a student, you can imagine how unbearable that would be for anyone.

That the landlord or Agent feels a house is just perfect or manageable, because someone like you just used and enjoyed the home may not be same experience for you..

Some people hate heat, and they only got to know that there is no single fresh air from anywhere to get into their room, once electricity is off, because buildings are almost everywhere, yet they didn’t think of that from onset.

So when next you want to rent that house, consider your personal needs that the environment has to offer.

2. Basic Facilities: A friend rented a room in a town, only to discover that there are thousands of naira of unpaid electricity bills from the last occupant and for months, he was incessantly being harassed by NEPA staff until he placed pressure on the landlord to clear the bill.


The truth is that there are many things you may not know about your new house on inspection. But, to avert this, do your due diligence, either by asking tenants around the area. They may have useful information that can tell you if you are getting a good service for your rent.

Many people are often desperate to get a place as soon as possible, because of time constraints from main engagement probably due to busy work schedule or academic rigour that leaves little or no time to pay attention to details, hence they jump up as soon they see house for rent or vacant room available.

Be sure the rent has facilities you need before paying, it’s important.

3. Mobility & Proximity: My experience while leaving in Lagos has revealed that more than an anything else, proximity to workplace, school, personal business shop or office, market and place of worship are far more important when considering a rent than the actual rent cost.

If your work place is at Sabo Yaba and your Church is at Adekunle, paying for house rent around Unilag side, Onike-Iwaya, Ebute-Metta is lot sense-making , even with higher cost than going to get a cheap place at Oworonshoki or Oshodi, because of obvious traffic problems that is now part of Lagos life.


Again, how close the house is to the main road or easy of movement is also part of proximity that one should consider.

I have seen a house that is located far-far inside an area that it will take you 10 mins to get to a major junction on bike. And if you will have to trek, it will take you far more – like 30mins. So, it doesn’t make sense if ease of mobility is a problem and you have to rent a house where you labor hard to move around. This should seriously be considered.

4. Financial Stability: Affordability of the cost of rent, shouldn’t just be based on your present financial capabilities, rather on abilities to continue to pay such fee.


Research has shown that many people often have problems to pay the next rent after first, because of little financial strength.

When they want to rent a new place, and they say the rent is 300k for example, they would run here and there, but once the time of renewal comes, problem arises.

Before you take that new home, be double sure that it isn’t out of your means.

One good useful approach that it is generally advised and which many principled salary earners apply is that your 2-3months salaries in a year should be able to pay your rent comfortably. Going beyond that is overkilling.

If you are earning N100,000 in Lagos, your annual rent shouldn’t be more than N300,000 (3months salary). Look before you reap, especially if your finance is not stable and ofcourse because of unforseen circumstances that may eat your savings. It happens. Be wise.

5. Security: One last very important factor to consider when deciding a rent of choice is security.

A house should give you protection and be safe to live in.

Getting an unsecured apartment is like careless exposure of lives and properties to danger.

A student once unknowingly rented a newly built self-contain apartment in choice place in a town because she’s looking for comfort only to discover that her most of co-tenants are Internet scammers disguising as students, and they commit lots of atrocities like forcing to sleep with innocent girls, smoking Indian hemp heavily and stealing of other people’s items when they are broke.

Then SARS officials started parading the house. Friends were scared of visiting her because the house as they say in street slang has been “casted” or bookmarked.


She ended forfeiting her paid rent for peace and security, by looking for a new place, conducive for learning.

When you want to rent a place, be bothered about who you want to be living with. It matters a lot. Be security conscious.

I hope you learn something

https://naijalocals.com.ng/5-key-factors-you-should-consider-before-renting-a-house/

91 Likes 11 Shares

Re: Renting A House? 5 Things To Consider by PlugBlogng: 7:13am On Dec 08, 2019
Yeah....i learnt one or two stuffs

16 Likes

Re: Renting A House? 5 Things To Consider by yusluvad(m): 7:15am On Dec 08, 2019
Great points.

7 Likes

Re: Renting A House? 5 Things To Consider by Jokerman(m): 7:16am On Dec 08, 2019
Hmmmm..... Cut you coat according to your size.. However proximity and ease of movement should also factor in, and lastly stay where there aren't much thugs and cult boys

24 Likes 1 Share

Re: Renting A House? 5 Things To Consider by Trezagezz: 7:17am On Dec 08, 2019
Like all these matters....

We will use our God given talent to tackle every situation n outcomes of renting...
Who even tell u say renting of house is our choice..
We want to build our own

2 Likes

Re: Renting A House? 5 Things To Consider by fippycbk(m): 7:17am On Dec 08, 2019
Do not rent an apartment in January. When the time comes to renew, you might not be able to meet up.

32 Likes 1 Share

Re: Renting A House? 5 Things To Consider by BISFOYAT(m): 7:18am On Dec 08, 2019
Confirm if the house is on accumulated utility bill.

16 Likes

Re: Renting A House? 5 Things To Consider by fatymore(f): 7:18am On Dec 08, 2019
I don't know why old tenants that has been living for so long in a house like owing Electricity bill and when leaving they won't clear the bill.

Imagine owing up to a million naira?

If you do such in my house, amma collect court order for you ni and seize all your property until you pay.
���

28 Likes 2 Shares

Re: Renting A House? 5 Things To Consider by helinues: 7:19am On Dec 08, 2019
The number 1 is very important..

Nice tips

1 Like 1 Share

Re: Renting A House? 5 Things To Consider by Wantedmiller: 7:19am On Dec 08, 2019
Nice one! but all your emphasis is all about Lagos!

4 Likes

Re: Renting A House? 5 Things To Consider by fatymore(f): 7:19am On Dec 08, 2019
fippycbk:
Do not rent an apartment in January. When the time comes to renew, you might not be able to meet up.
speaking from experience but you might have saved up from January to December now...

9 Likes

Re: Renting A House? 5 Things To Consider by tomasgreg91: 7:19am On Dec 08, 2019
very detailed info

1 Like

Re: Renting A House? 5 Things To Consider by kings09(m): 7:19am On Dec 08, 2019
Ok

1 Like 1 Share

Re: Renting A House? 5 Things To Consider by thundafire: 7:20am On Dec 08, 2019
Most important NEPA bill oh

3 Likes

Re: Renting A House? 5 Things To Consider by HolyHero: 7:20am On Dec 08, 2019
Check the agreement and make sure it’s not too demanding.. I once saw a agreement that says a visitor can’t sleep for more than two days.

29 Likes 1 Share

Re: Renting A House? 5 Things To Consider by Lastmankc(m): 7:20am On Dec 08, 2019
Nice one

2 Likes

Re: Renting A House? 5 Things To Consider by Hypnotise: 7:20am On Dec 08, 2019
Informative

1 Like

Re: Renting A House? 5 Things To Consider by yusluvad(m): 7:21am On Dec 08, 2019
This is one of those educative threads that should be gracing FP. Not Davido press Chioma br**sts on their way to Barbados. But why can't they even treck?

19 Likes 1 Share

Re: Renting A House? 5 Things To Consider by calddon(m): 7:23am On Dec 08, 2019
Just look for a house deep into the raining season, the other factors wont matter if ur home is turned into a swamp with shower above or if ur cut off cos of flood like some residents in some parts of Lagos and Ogun

9 Likes

Re: Renting A House? 5 Things To Consider by MoIbrahim: 7:27am On Dec 08, 2019
Who are your neighbours? Are your way of lives compatible? What do they do for a living?

Also is the landlord going to be your neighbour? Having your landlord as a neighbour is usually a serious wahala.

10 Likes

Re: Renting A House? 5 Things To Consider by africanusvu(m): 7:30am On Dec 08, 2019
Wasted your effort theorirising .

1 Like 1 Share

Re: Renting A House? 5 Things To Consider by Sike(m): 7:31am On Dec 08, 2019
INTERESTING TOPIC

2 Likes 1 Share

Re: Renting A House? 5 Things To Consider by Nobody: 7:32am On Dec 08, 2019
Nice one man

1 Like

Re: Renting A House? 5 Things To Consider by DRPAIT123(m): 7:33am On Dec 08, 2019
My advice for student apartment, lets say Self contain or single room based on my own personal experirnce;
Ventilation, illumination(the last time a friend got a self con that is so obscure that he couldn't get to see well even in the afternoon and he happens to be an artist), serenity(calm and cool for reading) and good security,good water supply, absence of shit from the landlord or landlady

3 Likes

Re: Renting A House? 5 Things To Consider by KlasysTech(m): 7:33am On Dec 08, 2019
I can relate well with all this

6 Likes 1 Share

Re: Renting A House? 5 Things To Consider by obanla01(m): 7:34am On Dec 08, 2019
Nice article is educative

2 Likes 1 Share

Re: Renting A House? 5 Things To Consider by Lucasmuyiwa: 7:35am On Dec 08, 2019
Try to go see babalawo too ! angry

2 Likes 1 Share

Re: Renting A House? 5 Things To Consider by Ilaw25: 7:43am On Dec 08, 2019
Op, you forget to mention something

weytin pursue previous tenant.... Hope the landlord no dey use tenant Destiny dey soakgarri

22 Likes 1 Share

(1) (2) (3) (Reply)

My Experience With 'The Owerri Client' / The Changing Skyline Of Lagos: 10 Buildings To Look Out For In 2016 / Meet The Bird, Architect That Didnt Attend Any School

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.