How can I rent my house and for how much?

Answer 1

Need to know how good of shape the house is in and how many bedrooms, baths etc. Also need to know where you live because property values are different everywhere. You could look in the ad section of your local paper and see what other people are charging for rent.

Answer 2

Renting a house is a very risky deal. You want to make sure you get a major non-refundable security deposit to pay for the possible damage to the home. You want the first and the last month's "rent" in advance. That "rent" should be the mortgage and insurance payment, plus enough money for the on-going upkeep of the home and a little profit for you for letting someone else "wear out" your home.

The main thing is have a lawyer write up the rental agreement or you could be in trouble. You need various legal clauses based on your state's laws, especially if you have to evict the person, not allowing them to sub-lease (rent) to others, etc.

I would NEVER become a landlord from all the horror stories I have heard from friends and on TV.

Answer 3

Very easily.
Check listings in your area to see what the general going rent is. Adjust for upgrades/down-grades.
FInd out all the tenant laws, official paperwork to keep track of (rental agreement, eviction notices, etc.)
Go to your local renters board and find out exactly what your tenants rights are, so you have no surprises.
There are books and/or online sites to get general renal agreements and form templates.
Place an ad, ask friends & co workers to pass the word around, and hope not to get a psycho.

Good Luck!

Answer 4

you could also go to alocal real estate company. They will have fees but theywill rent your home at a reasonable price. Renting your home can take a lot of work. Inmany states there are specific guidelines on items that need to be in the home before you rent it.

Answer 5

Try this website:
http://www.rentometer.com/
You have to put in a rent amount, but it will tell you if you are high or low. This is a good rough estimate, but you should still verify it. Try calling other for rent signs in the neighborhood.

Answer 6

You can list it in any number of publications or free sites like craigslist.com. But for how much depends on where you live. Look up similar properties in your area to see what the going rate is. Even go look at some to see if they compare to yours and then pick a price. See if people bite.