How To Rent Your House Macomb MI

Are you interested in renting your house? If so, read the following article for some useful information.

Local Companies

Signorello Home Inspection
586-567-6725
68481 Knollside Ct
Washington, MI
Prudential Cranbrook Realtors
248-539-7283
34122 Woodward Avenue
Birmingham, MI
Re/Max New trend
248-988-8888 X 223
122 Concord Road
Bloomfield Hills, MI
MICHIGAN PROPERTY UNDERWRITERS
248-424-7372
28860 SOUTHFIELD RD STE 260
LATHRUP VILLAGE, MI
Courtland Crossings
(616) 696-7790
11640 Townsquare Blvd
Rockford, MI
Silver Springs
(586) 783-3474
43600 Park Dr W
Clinton Township, MI
Havenview Mobile Home Court
(231) 796-2617
18505 Northland Dr
Big Rapids, MI
Mobile Home Manor Inc
(517) 332-2437
2756 E Grand River Ave
East Lansing, MI
Americana Mobile Home Park
(734) 782-2615
14210 Telegraph Rd
Flat Rock, MI
Schmuckal John Jr
(231) 263-5198
1410 Clous Rd
Kingsley, MI

Renting your home for part of the year, or for a longer period of time, generates great income. Because you are renting your home, as opposed to a property specifically designed for renting, you will want to be more careful with the terms you set in the lease.

  1. Consider hiring an agent. A rental agent will take down the information pertinent to your house, advertise the listing, review any potential tenants that submit an application and present them to you. The agent will likely charge a fee, ranging from a half-month to a full-month fee for this service. A half-month fee represents one-half of one month's rent, while a full fee equals one month's rent. When and if your agent secures a suitable tenant, this amount will be deducted from the amount you receive from the tenant at the signing of the lease. Agencies usually choose one of three options: charging only the landlord a full-month fee, charging only the tenant a full-month fee, or splitting the fee between the two (two half-month fees). Make sure you are clear on the fee structure before you sign any contracts or make any agreements.
    how to rent your house
  2. Credit, employment, landlord verifications. If you have an agent, she will perform a credit check, call past references and verify employment and wages. After the review is complete, she will present her results to you and, based on that information, you can choose to accept or deny the applicants. If you do not have an agent, you can follow these steps yourself, but you will need an agency to perform the credit check. Pay careful attention to the applicant's credit and employment history. If the person has poor credit or is not making enough to afford rent comfortably, you should consider finding a different tenant. If the applicant's past landlord (not present) gives a poor recommendation, think twice.
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Author: Grace Bloodwell

Featured Local Company

Signorello Home Inspection

586-567-6725
68481 Knollside Ct
Washington, MI


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