Comments on: Top 10 Home Appliances http://www.maizelink.org/top-10-home-appliances Tue, 16 Feb 2010 19:22:20 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: DJP http://www.maizelink.org/top-10-home-appliances/comment-page-1#comment-19 DJP Sun, 04 Jan 2009 08:33:41 +0000 http://www.maizelink.org/top-10-home-appliances#comment-19 This is what you do - you're probably not going to get a lot - if you don't own the home free and clear - but you could always get the mortgage paid - and maybe a little additional income. I don't know what your profession is - but myself being a PM for years - here's what I would do if you're a single owner just looking to rent out your home privately. 1. Pretend that you're in the market to rent. Find comparable rental units in your area and find out how much they are going for. 2. Make sure that you get a deposit that is equal to the first month's rent - and make sure that you have a legal lease agreement document drawn up that the renter is responsible for all damages - that can be liquidated from their Security Deposit. Also, in the lease, you can legally state that $200.00 will be taken for clean up and repairs of the house after move out that the resident will be responsible for. This covers your butt on repairs in the end. It just simply means that if their rent is $2000.00 a month - then that's what the Security Deposit is. They will get it all back, less $200.00 for cleaning. Name this as a cleaning fee. Then - if there are any damages to the home, you'd be able to liquidate their security deposit for damages. I don't know if you know all of this - just want to make sure that you cover yourself. I'd say according to the area, the size of the house, and it's ammenities, you could probably get away with $1800- $2000 a month. I'd include cable or something like that as an incentive as well. Good luck! This is what you do – you're probably not going to get a lot – if you don't own the home free and clear – but you could always get the mortgage paid – and maybe a little additional income. I don't know what your profession is – but myself being a PM for years – here's what I would do if you're a single owner just looking to rent out your home privately.

1. Pretend that you're in the market to rent. Find comparable rental units in your area and find out how much they are going for.

2. Make sure that you get a deposit that is equal to the first month's rent – and make sure that you have a legal lease agreement document drawn up that the renter is responsible for all damages – that can be liquidated from their Security Deposit. Also, in the lease, you can legally state that $200.00 will be taken for clean up and repairs of the house after move out that the resident will be responsible for. This covers your butt on repairs in the end. It just simply means that if their rent is $2000.00 a month – then that's what the Security Deposit is. They will get it all back, less $200.00 for cleaning. Name this as a cleaning fee.

Then – if there are any damages to the home, you'd be able to liquidate their security deposit for damages.

I don't know if you know all of this – just want to make sure that you cover yourself.

I'd say according to the area, the size of the house, and it's ammenities, you could probably get away with $1800- $2000 a month. I'd include cable or something like that as an incentive as well.

Good luck!

]]> By: architecton2009 http://www.maizelink.org/top-10-home-appliances/comment-page-1#comment-18 architecton2009 Sun, 04 Jan 2009 07:37:41 +0000 http://www.maizelink.org/top-10-home-appliances#comment-18 Thank you for your supportive comments. Our vision: To help people to realize their dream home using the many advantages of modular technology. Thank you for your supportive comments.
Our vision: To help people to realize their dream home using the many advantages of modular technology.

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