Here is some great information with the option of renting the property as a furnished unit. While we understand the appeal, it's important to share a few key points that make this approach uncommon for long-term rentals:
Extremely limited tenant pool – Furnished rentals appeal to fewer than 3% of prospective tenants in our market.
Shorter tenancy durations – Furnished homes tend to attract more transient renters, which can lead to more frequent turnover.
Higher risk of damage – Even with general wear and tear, furnishings are more susceptible to scratches, stains, and other issues that impact their longevity and value.
We prefer to rent it unfurnished but if you have no other option, we’re happy to accommodate a furnished rental under the following conditions to help protect your investment and maintain quality standards:
Signed Owner Addendum – We’ll need an agreement in place confirming the unit will only be furnished for the first lease term. After that, the furnishings must be removed for future tenants.
Removal of Certain Items – For hygiene and maintenance reasons, all mattresses, bedding, towels, and rugs must be removed.
Furniture Review – We would need to review and approve any items to remain in the home to ensure they meet property standards.
While we understand that the furniture can come with a home that is listed for sale or existing, furnishing the unit for a long-term rental typically does not yield a strong return. In most cases, an unfurnished property will attract more reliable tenants and longer lease terms—ultimately offering better results.
We’re happy to discuss this in more detail and find the best solution for your goals.