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Updated over 1 year ago,
First rental. Fully furnished or unfurnished?
I’m beginning the process of renting out my primary as part of my first investment! I’ve run the numbers and I'll cash flow around $200/mo, which I'm happy about for my first time! However, I’ve heard that furnishing a rental has the potential upside for higher rents. Has anyone had experience renting out their house fully furnished and if so, were you able to charge higher rent? Were there any other issues or upsides that come with a fully furnished home? Thank you!
For further context, my house is located in Oakland County, MI