How To Rent A House:
Step By Step Survival Tips


above image: vernontexashomesforsale.com




Here's How To Rent A House in five easy steps.  





How To Rent A House You Own



1.  Calculate your monthly payments.  

When calculating your housing bill, the following factors must be considered:

  1. Principal and interest on your home loan, if you are still paying it off. 
  2. Homeowners Insurance (this is required by law, and may protect you financially in case of fire, floods, and other disasters. 
  3. Property Taxes (If you are not sure of your property taxes, you can find out from your local city hall. 



2.  Learn current market rates.

Look on Zillow.com, realtor.com, or craigslist for home rentals in your area.

Look at homes that are approximately the same size as yours. 

Keep your asking price competitive with market values. You want to get as much as you can for your home rental, but you don't want to charge so much that tenants choose another rental option nearby. 



3.  Place an ad on craigslist.

Look below for easy step-by-step instructions on how to post your home rental ad on craigslist:

  1. Go to craigslist.org.  
  2. Click the field in the upper left that says "Post To Classifieds."
  3. Choose your location.
  4. Select "Housing Offered."
  5. Select "Apps/Housing For Rent." 
  6. Fill in the fields as prompted. Type the title of your ad, the body of your ad, the price of your rental, your zip code, and other pertinent info. 
  7. Give all the information a prospective tenant might need. Is the unit furnished or unfinished? Is smoking allowed? Are pets allowed? And so on. 
  8. Include your contact info and hit "Continue."
  9. Take pics of your unit with your iPhone, and incorporate these images into your ad as prompted. The more images, the better.  
  10. Click on "Done With Images.
  11. Review your post.
  12. Click the button on the bottom right that says "Publish."
  13. You will receive an email from craigslist. Follow the easy instructions on the email to publish your ad. 




4.  Respond to all appropriate replies.  

Be sure to request all the info you need from the potential tenant(s).

Also run credit checks if necessary. Credit reports are available free online. 



5.  Arrange a viewing of the unit.  

This will give you a chance to get a better look at the tenant, and will give the tenant a chance to take a closer look at the home.   

Have an application ready for the potential tenant to fill out. You can download free sample rental applications online. 



After that, all you need to do is choose your tenant.

That's How To Rent A House in 5 easy steps.  





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