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Updated over 1 year ago on . Most recent reply

User Stats

113
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58
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Sheila F.
  • Investor
  • Statesville, NC
58
Votes |
113
Posts

Medium Term Rental Leases

Sheila F.
  • Investor
  • Statesville, NC
Posted

Does anybody know about medium rental lease is? Is it only the timeframe that differs from a long-term rental lease? I’m branching into medium and short term rentals and I’m doing my due diligence right now! Any advice and help would be greatly appreciated!  

  • Sheila F.
  • Most Popular Reply

    User Stats

    585
    Posts
    423
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    Brett Deas
    • Colorado
    423
    Votes |
    585
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    Brett Deas
    • Colorado
    Replied

    Not only is it the time frame but often times the lease is more extensive. All of my mid-terms in Denver are furnished (Which I would always recommend for midterms) so we have to include extra provisions in the lease about that as well. We also have different provisions than long term lease on notice to quit and renewal clauses because travel nurses often have a set time for when they know their stay will be extended and because often times travel nurses can have their contracts cancelled abruptly and sometimes even a few days after arriving. If you have any questions feel free to reach out as I have a few mid-term rentals myself!

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