Landlords
What rental period should you choose? Pros and cons of a short and long term rentals.
Deciding how long to rent out your home is one of the most important choices you make as a landlord. The rental period you choose affects your flexibility, sense of security, and overall financial return. Whether you are considering a few months or several years, each option comes with its own advantages and disadvantages. Below is an overview to help you determine the rental period that best suits your needs.
Short term rentals
A short rental period, typically three to six months, is ideal for landlords who expect to use the property themselves in the near future or who want to test the waters before committing to a long term arrangement. Short term rentals also attract many potential tenants, such as students, newcomers to the city, or people working on temporary assignments.
The key advantage is flexibility and the opportunity to adjust terms between different tenants. The downside is the increased administrative workload, as each new tenant means new contracts, viewings, and inspections.
Long term rentals
Longer rental periods, usually twelve months or more, suit landlords who value security and consistent rental income. With a long term agreement, you avoid frequent tenant turnover, which reduces both workload and the risk of vacancies. This type of rental offers stability, but at the cost of less flexibility if your personal plans change.
Flexibility is highly valued
Tenants often appreciate long term rentals, but flexibility can be a major competitive advantage. Landlords who are open to discussing start dates and rental length tend to attract more interest. Through Samtrygg’s platform, you can communicate directly with potential tenants, arrange viewings, and align expectations easily.
Choosing the right rental period
When deciding on the rental period, start by considering your own needs and how much time you are willing to spend on administration. The most important thing is to be clear about the terms from the start and ensure everything is properly documented in the rental agreement.
With Samtrygg’s payment guarantee, secure contracts, and support throughout the entire rental process, renting out your property becomes safe and manageable, whether you choose a short or long rental period. This allows you on what matters most, finding the right tenant and ensuring a smooth and secure rental experience.
Regardless of which option you choose, we at Samtrygg can help you list your apartment and find a tenant who meets your specific wishes and requirements! Create your ad here!
