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Updated 12 days ago, 11/14/2024
Turning LTR into a mid or short term? Do I need to furnish?
I have a unique property, it's a 4 bedroom home with a lower level having a few small commercial offices and then there's a 22x35 oversized garage. I'm having trouble finding a tenant that I feel comfortable leasing the space to. It would be perfect for someone running their own business and wants to live on site. I'm considering making this property into more of a mid term rental as an interim spot for people that may have experienced a flood, fire or are moving or renovating and need an interim space. It has it's own storage facility pretty much with the garage. I'm just curious should I furnish the place or just keep it empty and people can move their own stuff in and just drop the minimum lease duration to 3 months? Where do people market Mid term rentals like this? Connect with an insurance agency or something? Curious if anyone has thoughts or advice on this. Thanks