Renting a home from someone else may not only provide the renter with the flexibility to relocate without the hassle of selling the home, but renting a home often comes with the benefit of not having to maintain the home to the degree that a homeowner might have to maintain the home. There are some strategies to approaching a homeowner about renting their home that would-be renters may want to follow.
- Skill level:
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Things you need
- Local property rental laws
- State and federal tax regulations
- Homeowner's address
- Postage stamp
Research local, state, and federal laws governing rental properties. Find out what the responsibilities of the homeowner and renter are, including any applicable homeowner's or renter's insurance requirements, maintenance requirements, and eviction laws.
Read state and federal tax regulations for homeowners who rent their properties---as well as for individuals renting property. Homeowners may be eligible for a tax deduction to cover any home improvements or maintenance costs---as well as for transportation costs to and from the rental property. Renters and homeowners who operate businesses from their homes may be able to deduct a portion of their rent or mortgage payments equal to the portion of the home used for the home office.
Identify the name and mailing address of the homeowner for the property that you would like to rent. The homeowner may not live on the property. Property-owner information is a matter of public record. Many cities and counties list property-owner information on their websites.
Compose a letter to the owner of the property you would like to rent. In the letter, introduce yourself, state why you would like to rent the property, how long you would like to rent the property, your home ownership or rental experience, pet requirements, and rental fees you are willing to pay. You may also want to cite your research into property rental laws and tax benefits.
Type the letter using a standard typeface, such as Times New Roman or Arial. Then format the letter so that it is printed with black font on letter-sized paper with half-inch margins on the edges, top, and bottom.
Print the letter and place it into an envelope. Address the envelope to the homeowner, including your return mailing address. Put a stamp on the envelope and place the letter in the mail.
Tips and warnings
- Review your letter for grammar, spelling, and clarity. Have a friend or family member review your letter as well to make edits you may not catch.
- If a homeowner does not wish to rent his or her home, respect that decision. Repeatedly writing letters or contacting the homeowner may be considered harassment.
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