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Updated about 6 years ago on . Most recent reply

User Stats

312
Posts
349
Votes
Kevin S.
  • Accountant
  • Tulsa, OK
349
Votes |
312
Posts

Would you consider a 3-month lease?

Kevin S.
  • Accountant
  • Tulsa, OK
Posted

I currently have a duplex listed for rent, and have been contacted by a relocation specialist trying to place a family that had something happen to their house (don't yet know the details, just told they are working on an insurance claim on it). They are looking for a 3-month lease with the option to extend and are "willing to pay a premium". Apparently they also have 2 dogs. So my questions for the BP community are:

1) Would you do this? The property is normally a 12-month lease type property. Assuming I rent to them I'd have to look for another renter sometime between May and August.

2) How much of a premium would you charge? The property is currently listed for $1250/month (assuming a 12-month lease)

3) Would you charge a pet fee in addition to the rent (I normally charge $250/pet on normal leases)

4) Are there any additional risks, etc. I should be considering when looking into this?

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