Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

28
Posts
5
Votes
Kim Parker
5
Votes |
28
Posts

MTR Lease agreements

Kim Parker
Posted

Hi there, my first MTR is set to be occupied next week. I have a lease I use for LTR but getting one ready for my MTR and wondering what others do differently. Different rules? Thanks!

Heres my Furnished Finder listing--feedback, suggestions welcome!

Kim

Most Popular Reply

User Stats

2,912
Posts
2,406
Votes
Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,406
Votes |
2,912
Posts
Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

We aren't making many changes to our LTR lease. We're implementing a lower security deposit and more flexible rules around extending and ending the lease. There won't be any language around their responsibility toward utilities (although we may implement a cap if the bills get out of hand) or lawn care/snow removal. Otherwise, their responsibilities toward caring for our property and our responsibilities toward providing safe, clean housing don't change. 

  • Nicole Heasley Beitenman
  • Loading replies...