General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Renting my primary residence out month to month
My wife and I are taking a 4-6 month trip to Europe and Asia this Fall. We already found a short term tenet willing to sign a 3 month lease with an option for a 4th month. The rent covers PITI and utilities with a little extra built in to cover anything over the average utility usage. Security deposit is equivalent to one month rent and we included a non refundable pet fee. We're packing up most of our clothing and valuables, but leaving the place furnished along with kitchen/cooking equipment.
Wondering if anyone has done this and what they learned.
We’re still drawing up the lease, anything I should include?
Thanks for your advice in advance