Updated 17 days ago on . Most recent reply
Mid-Term Rental Pricing
My grandfather is letting me rent out his house since he’s living with me due to his age. It’s in a McMansion development in Highland Heights (Short term rentals are banned in that city) and it’s not too far away from hospitals and is in a good school district. It’s a 3 bed 2 bath ranch with a 2 car garage and a big (not fenced) lawn. If I cleaned it up and put some minor upgrades in I think comps for long term rentals in the area are close to 3,000 a month. What would be a conservative estimate for mid term rent price? It’s partially furnished is just have to get some beds in there.
Also, the third bedroom has just been used as an office even though it’s got a closet and a window, should I even put a bed in there or keep it as an office?