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Updated about 12 years ago on . Most recent reply

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Kimberly Robinson
  • Investor
  • Birmingham, AL
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28
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Renting My Personal Home - Need Help

Kimberly Robinson
  • Investor
  • Birmingham, AL
Posted

Hello,

Due to some unforeseen circumstances I am thinking about renting my personal home for 3-6 months. I have two families interested. I have never been a landlord and am looking for a good contract and tips/advice on renting. I would appreciate any information that you can provide. Thank you!

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,132
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Three to six months isn't very long. Few folks are going to be interested in a situation where they are only going to stay for a short time then have to leave. You sure you want to do that? Stuff is going to get broken and damaged and if you're planning on moving back in after six months you may be disappointed in the condition. What if the tenant refuses to leave and you have to do a lengthy eviction?

Switch your insurance to a landlord policy.

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