Renting out a furnished versus unfurnished home...

LMCane

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8:57a, 7/18/22

I will be leaving my townhouse in Maryland in the spring of 2023 moving overseas.

Does it make financial sense to find a tenant if I offer the home as furnished?

Or as more likely people already have furniture, that would make it harder to find tenants?

it's a 3 floor, 3 bed and 4 bath townhouse.

many thanks.

Diggity

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In reply to LMCane • 1:57p, 7/18/22

AG

depends on the market. In some areas (usually condos in high density areas) a furnished unit will rent at a significant premium (especially if you're willing to do shorter term rentals).

You would have to check the local MLS to see if properties in your area get a premium for being furnished.

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Medaggie

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6:32p, 7/18/22

Mid term rentals you can get significant premiums esp in sought after areas. Long term may get a bump too but much can be lost with the wear/tear of the furniture.

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LMCane

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10:42a, 7/19/22

good advice

also trying to balance me having to go out and replace the furniture at my next house.

would rather leave most of the furniture if I can make more money in the monthly rental fee