Reply to Renting out a furnished house for 3-6 months? DC

Forum Index » Real Estate

Reply to "Renting out a furnished house for 3-6 months? DC"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]OP here: does anyone have a specific management company they recommend for this?

We want to rent it fully furnished, but will move out our personal effects (clothing, medications, personal mementos, etc) into storage.

It’s honestly worth a weekend of prepping the house to make $10K-15K in rental payments. We could probably get $3K/month.

[/quote]

I would rent it on AirbnB, Sabbatical Homes, a local listserv or similar. A management company is going to take a huge bite of your profits -- probably the first month's worth, plus a percentage of every month thereafter. I don't think it would be worth it for a one-time short term rental. A local family renovating their own house would be a great bet in terms of needing a place for about 3 mos and being willing to pay more for furnished.

It's a lot of work to prep your place and there's the wear and tear on your stuff -- things will break, you will have to outsource lawn and garden if you don't already, pay for storage for personal things, maybe have to pay for cleaning between short-term tenants if you have multiple tenants. We have a management company (longer term rental) and they handle repairs -- but inevitably in the most expensive way possible. It may still be worth it to you, but be realistic about the likely net. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics