Temporary accommodations. Has anyone rented to them??

[Brett Loetz]

Newer to renting, just finished my first brrrr and listed it for rent, I’ve got an offer from temporary accommodations for a 6 mo lease for clients that need a house. Insurance will be paying rent and they say I can screen the tenants myself still. They offered almost twice what I was asking in rent for the 6 months. Has anyone rented in this sort of situation? Problems I see is I have a fully remodeled house with all new everything that could get long term tenants and instead these people know they won’t be there long. Plus it will put my house vacant in December which won’t be easy to find a tenant at that point. Thoughts???

[Michael Tempel]

Yes, I just did this for a client and made 3400.00 a month vs 2100 a month.   I typically add a 35% premium to rent.  

Highly recommend doing this if you can.   Works well.  

[Nathan Gesner]

Yes, these can be lucrative. Many people have been displaced by natural disasters and insurance companies can rent a home far cheaper than a hotel.