Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago,

User Stats

5
Posts
10
Votes
Inga Davis
10
Votes |
5
Posts

Rent premium for 6 months lease via 1 year lease

Inga Davis
Posted

Hello,

I was approached by a temporary housing company. My property is currently listed for rent at $1700/month as a long term rental (1 year lease) in Columbus Ohio (43219). The housing company is looking for a 6 month lease for a family who was displaced from their home and are looking for a 6 month lease. They mentioned that they are willing to pay a premium for a 6 month lease that most property owners charge.

My question is what would be an appropriate premium for a 6 month lease if I am asking $1700/month for a 1 year lease? I have no experience with temporary housing companies, but I know the rent would be guaranteed and paid directly by the insurance company which makes it attractive to me, then again I will have to look for new tenants in 6 months. 

Thank you,

Inga

Loading replies...