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Updated 3 months ago on . Most recent reply

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Emory Clayton
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Should I rent for 6 months?

Emory Clayton
Posted

Have a house I was planning on using as a long term rental, but been asked if I would rent it for 6 months. Obviously I would charge more for this (research shows 25% - 35% over LTR rate), and I wouldn't be furnishing the house. If I were to rent for 6 moths, the lease would end Feb/March time frame given its almost September now. Its always been my understanding that renting in the winter months can be challenging compared to spring/summer. Whats your take on this? Stick to LTR or see how this goes as a MTR? 

  • Emory Clayton
  • Most Popular Reply

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    Theresa Harris
    #3 Managing Your Property Contributor
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    Theresa Harris
    #3 Managing Your Property Contributor
    Replied

    It depends on your location as to whether or not it is harder to find a new tenant in March.  The fact that you'd be renting it for more, should help you mitigate any lost rent if it does take you a bit longer.

  • Theresa Harris
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