Personal Finance (Not Investing) • Re: Annette’s Excellent Real Estate Adventure

It’s a very expensive house and the owner is an executive so a certain amount of caution is understandable. He’s entitled to wait for a tenant he feels good about.

It's possible the owner just has cold feet about renting it out. Any number of real or imagined circumstances could cause this and have nothing to do with you.

This.

My understanding if the landlord wants month-to-month rental, they prefer the flexibility to end the term so they can pivot to something else:
- move in to the location themselves
- family member/friend may need space
- possibly they want to sell it out when xyz happen
....

That also means they value the flexibility over getting 1 year guaranteed rental income (albeit not all at once).

If you stay long enough (in month-to-month basis) and the need is gone, you might be able to convert it to longer rental (1 year).

Statistics: Posted by Rose — Fri May 31, 2024 9:43 pm

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