Hello,
Currently have a rental property and have been approached by a neighbour who would like to take a 3 yr lease on my house? Would appreciate any opinions or advice as to possible pitfalls of a lease of this duration. Currently have a tenant in the hosue on a 6 month lease but don't mind booting them out when this lease expires since its not a great area for letting and I'd like the security of knowing i'd rental income guaranteed for three years. Thanks, apple1.
Currently have a rental property and have been approached by a neighbour who would like to take a 3 yr lease on my house? Would appreciate any opinions or advice as to possible pitfalls of a lease of this duration. Currently have a tenant in the hosue on a 6 month lease but don't mind booting them out when this lease expires since its not a great area for letting and I'd like the security of knowing i'd rental income guaranteed for three years. Thanks, apple1.