How to Rent Out a Summer Home During Off Season

Renting your summer house offers you the opportunity to keep your house in use while you aren't there. It also provides income from the property, which may be enough to cover the mortgage.

Instructions

1

Decide what to do with your furnishings. If you rent the house furnished, you may be able to ask a higher price. Be prepared to have your property damaged; at the least, expect wear and tear. If you rent your home unfurnished, you need to find a place to store your belongings. This may require you to hire a moving company to set your house up for you before you return for the summer.

2

Calculate rent. You can charge rent weekly or month by month. Look at classified ads, online advertisements or call property management companies to find comparable rates for rentals in your area. Find out if any other major events occur throughout the year when rent should be higher.

3

Use a rental application. You may not need an application if you plan to rent weekly. For longer term rentals, you might want to consider getting a background or credit check on potential renters. Make sure the application gets the full identity, previous rental history and permission to perform checks.

4

Hire a property manager. Most people buy summer homes in places they like to vacation, which means it may not be close to where you live. You want to make sure that someone can keep an eye on your property while you're gone. A property manager can take care of renting the place, collecting rent, maintaining the property and notifying you of any problems. They can also make sure the place gets cleaned between renters and before you arrive.

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Renting your summer house offers you the opportunity to keep your house in use while you aren't there. It also provides income from the property, which may be enough to cover the mortgage.

Instructions

1

Decide what to do with your furnishings. If you rent the house furnished, you may be able to ask a higher price. Be prepared to have your property damaged; at the least, expect wear and tear. If you rent your home unfurnished, you need to find a place to store your belongings. This may require you to hire a moving company to set your house up for you before you return for the summer.

2

Calculate rent. You can charge rent weekly or month by month. Look at classified ads, online advertisements or call property management companies to find comparable rates for rentals in your area. Find out if any other major events occur throughout the year when rent should be higher.

3

Use a rental application. You may not need an application if you plan to rent weekly.

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. For longer term rentals, you might want to consider getting a background or credit check on potential renters. Make sure the application gets the full identity, previous rental history and permission to perform checks.
4

Hire a property manager. Most people buy summer homes in places they like to vacation, which means it may not be close to where you live. You want to make sure that someone can keep an eye on your property while you're gone. A property manager can take care of renting the place, collecting rent, maintaining the property and notifying you of any problems. They can also make sure the place gets cleaned between renters and before you arrive.