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How To Rent Your House Michigan

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

Local Companies

www.crowleyrealestatesolutions.com
734-444-8990
9911 shadyside
Livonia, MI

Century 21 McCoy Real Estate
231-218-7817
PO Box 456
Suttons Bay, MI

Safer Homes LLC
517-639-3935
919 Ely Rd
Quincy, MI

Coldwell Banker
616-355-6305
466 E. 16th st
Holland, MI

Tom Frame - Kalvan Realty
(269) 580-2259
226 Monroe Street
Bangor, MI

Coldwell Banker Woodland Schmidt
616-355-6305
466 E. 16th st.
Holland, MI

Tomie Raines Inc
517-242-1897
1400 Abbott Rd
East Lansing, MI

Turning Point Buyers Realty
616-990-0004
Please call for a personal appointment
Grand Rapids, MI

Re/Max New trend
248-988-8888 X 223
122 Concord Road
Bloomfield Hills, MI

Kathy Toth & Team Keller Williams Realty
734-669-0337
2144 S. State St.
Ann Arbor, MI

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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.

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.
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

www.crowleyrealestatesolutions.com

734-444-8990
9911 shadyside
Livonia, MI

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Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History