| Agreed on minimum rental time. I would also list a monthly rental price in your listing that is competitive with other furnished monthly rentals. |
| I think a bunch of people in DC aren't going to be able to help you very much. Especially when we don't know what city you live in. |
Op here. Would it help if I posted the listing? Or is that too risky? We are in Tucson,AZ. |
| Are there any big companies in your area? Universities? I would market to their HR departments as a place newly relocated executives can stay while looking for more permanent housing. Universities have visiting professors that need housing for a semester. |
Contact U of Arizona. Dozens of visiting professors come to teach there for 4-5 months each semester and would be great tenants., |
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+1 on contacting the University.
I'm looking in a new city, and see quite a lot of houses like this on Zillow, and it's perfect for a situation like mine, where we want to try out a new area but are not interested in buying until we know for sure we want to stay. You'd probably be able to get some retirees who want to check out the Tucson area before they take the plunge on buying. |
| OP I would consider using an agent to find someone to lease for a year. Then rent an apartment with the difference between the mortgage and the rent. |
Op here. I don’t want to move all our furnishings in and out is the thing, so I’d like a short term booking that is furnished. I’m also hoping I’ll land a new job in the next few months and I’d like to be back in our home then. So I’m trying to limit it to just a few months, provided I can even find a tenant at the price I want. |
| OP — we rent our (luxury, very well located, nicely furnished) apartment in the Boston area this way because we want the flexibility to use it so don’t want a long term lease. We have always been able to find short term renters on Craigslist and FB marketplace. We price slightly below market and get a ton of applicants. I think it helps that there is a really high velocity market of renters in Boston and we are close to Harvard/MIT. |
Op here. Thank you!! This is very helpful!! I didn’t realize that people still used Craigslist for this sort of thing. I used to use it back in the day to find apartments! Thank you! |
np - I'd be very interested in this place (we have family near BC) but would never think (and probably wouldn't consider) Craigslist or FB. too bad, sound great |
I guess you couldn't post a link? |
How do you screen applicants and select “the winner”? |
You're way too close to the bone here. A layoff shouldn't require that you rent out your house. It might be a good idea to consider permanently downsizing, even if you get a new job quickly. The interest rate is an important factor but if you are living month to month like this, it might be not be enough to make it make sense to keep the house. |
I agree - this isn't dealing with the root of the problem. You can't get through several months without a job? It feels like an awfully big hassle to move out for a couple months until you get a new job. Can you get a home equity line of credit (or not because you're unemployed?). |