The world is calling you! When you've made the rewarding decision to take an extended international holiday, there are a few things that need to be taken care of at home. For example, what are you going to do with your actual home? If you're considering renting out your home while you're away (and the extra income can be extremely helpful), there are a few things you can do to make the process as painless as possible.
1. Finding a Tenant Yourself
Yes, you can place an advertisement and find a tenant yourself. This should not be a casual arrangement. You need to draw up a rental contract and take a security deposit (which will be subjected to a pre-rental inspection that will be compared with your post-rental inspection). Check with the Rental Tenancy Authority (or comparable association) in your state or territory if you're unsure what to do. You will also need to check that your home and contents policy will still be applicable even during the periods when someone else is living in your home.
2. Using a Listing Website or Real Estate Agency
You might also wish to enlist the services of a listing website or real estate agency to oversee the tenancy. This can be a viable option for long-term rentals where you might be away for an extended period of time. You can also benefit from a predetermined set of terms and conditions for the tenancy, offering you additional protection. Real estate agents will also have a vetted list of clients looking for homes for rent, which can give you some added peace of mind.
3. Welcoming Your Guests Without Being There
A personalised note of welcome can be helpful. You can list beneficial information, such as information about the closest public transport (including the website for your local public transport provider so that they can check schedules), the telephone number for a local taxi service, the address of the closest supermarket, and things such as the password for the internet. Sometimes you should also leave your telephone number.
4. In Case of Emergencies
Leave your telephone number in case of emergencies, but stress that it's only for an emergency. You don't want to receive a phone call in the dead of night if your temporary tenant can't find the recycling bin. If you will be uncontactable during your holiday (you might be unsure about mobile coverage while at your destination), leave a contact number for a friend or family member who will be able to advise your tenant in the event of an emergency with the property. Of course, if you've used a real estate agent or letting company, they will generally have their own contingency plan and contact number in the event of an emergency.
There can be a little bit of trepidation when it comes to leaving your precious home in the hands of a stranger. With a little bit of planning, you can make sure that the whole process is as smooth as possible, leaving you free to enjoy your fantastic holiday.Share