I live in an area of rental properties and there are many month to month rentals near me which I could never quite understand. I get that people may wish to live somewhere short term, but surely if you were looking for something like that then an AirBnb or a hotel would suffice. Over the last couple of years however I have met many people who look for these rentals and I now completely understand why so many look into this kind of property. In fact there is a wealth of benefits with these kind of properties are able to offer, and here are just some of those benefits which people can count on.
Home Whilst Waiting
A number of people who I have spoken to which have rented these properties have done so because they are waiting for a new home to be built. Around the green belt where I live there have been some constructions and what invariably happens is that the delivery date of your home gets pushed back. Of course those who are moving to the area may already have jobs arranged or schools sorted out for their kids, and a hotel is just too pricy for them. These month to month rentals enable those people to still have something of a home, even as they are waiting for the delivery of their new property.
General Uncertainty
Something which I clearly had no idea about in the past was the fact that some people just don’t know how long they will be sticking around. I have met many people in these properties who considering themselves digital nomads, which are people who have no real location and they will pick somewhere to stay for a few months before jetting off somewhere else. These property types are absolutely ideal for this kind of situation and it takes the pressure off those people when it comes to making a decision on how long they will be there.
Corporate Housing
A great number of people staying in these properties are actually working for firms in the area, and they themselves have no idea as to how long the job is going to take. In these kinds of situations it is ideal for both the employer and the employee to be ins a situation whereby they can let the landlord know on a monthly basis how long they will need to stay in their property.
Ultimately it turns out that there are many situations whereby people are not sure of how long they will be situated somewhere or how much time they need to rent a particular place. For these kinds of people there are properties which they can come and go as they please on a monthly basis. I have no idea what the landlords think about this or whether or not it causes them an issue, but given the sheer volume of properties like this in my area, it would appear that they are more than happy.
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