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Updated almost 5 years ago,
Rental Rates for Short Term Tenants
I'm looking at purchasing a SFH specifically for short term tenants. There's a refinery near by that contracts work out to guys who usually come in and work a couple months at a time. Anybody have any ideas on rent based on number of months? Do you pay utilities or let tenant? The property is 1b, 1ba and about 750 sq ft.
I was thinking about making it a sliding scale where the tenant would pay a certain amount based on months.
Weekly
1-3 months
4-7 months
8-11 months
1 year lease