Are you a property owner looking to rent out your space for monthly stays? Furnished Finder (opens in new tab) is the go-to platform for connecting with traveling professionals, digital nomads, and relocating families and other travelers searching for fully furnished, monthly rentals (sometimes also referred to as mid-term rentals). Follow these 10 steps to successfully secure your first tenant and start your journey as a monthly rental host.
1. List Your Property on Furnished Finder
The first step is simple—get your property listed on Furnished Finder (opens in new tab). Unlike other platforms, we specialize in monthly rentals, helping you connect directly with qualified tenants looking for stays of 30 days or more. To get started, click here (opens in new tab) and follow our simple step by step process to get your property in front of the millions of travelers searching on Furnished Finder.
2. Set Competitive Rental Rates
Pricing your rental correctly is key to securing bookings. Research comparable properties in your area using Furnished Finder’s search tool (opens in new tab) to compare rates. Consider your property’s amenities, location, and included utilities. If you're unsure where to start, checking local extended-stay hotel prices can provide a useful benchmark. Typically, monthly rentals are priced at about 1.5-2x the rate of a long-term rental. On Furnished Finder, you have full control of your listing and can adjust your pricing at any time. Plus, with no booking fees or commission charges, you retain 100% of your rental income.
3. Complete Your Listing for Maximum Visibility
A well-crafted listing attracts the right tenants. Upload high-quality photos (opens in new tab), highlight key amenities (monthly tenants love free parking, in-unit washer/dryer, and pet-friendly spaces), and provide detailed descriptions of what makes your rental stand out.
Remember, your listing is often the first impression potential tenants will have of your property. Add plenty of details—location, why it’s ideal for them, and even a bit about yourself as a landlord.
4. Understand Your Leads & Receive Inquiries
Once your listing is live on Furnished Finder, you’ll receive three types of leads, each offering different ways to connect:
Direct Booking Inquiries – Tenants who are specifically interested in your property and request to book directly. These are your most engaged leads.
General Housing Requests – Travelers submit requests based on their needs, and landlords with matching properties receive these leads. Your property is a complete match for what this traveler is looking for but multiple landlords will receive this request.
Unmatched Housing Requests – These come from travelers whose needs do not exactly match your property details, but there is a potential for a match between what your property has to offer and what this tenant is looking for. Again, this lead is delivered to multiple landlords. Assess these leads to see if it is one you can accommodate, and reach out to the travelers asap if you see a potential match.
Understanding these lead types can help you respond effectively and secure more bookings.
Want a deeper dive? Watch the step-by-step breakdown from our latest webinar. (opens in new tab)
5. Communicate with Potential Tenants
Unlike other platforms, Furnished Finder allows direct communication via messaging on our site, email and phone, making it easier to connect with serious tenants. You can even FaceTime with potential tenants! Respond quickly to inquiries, ask questions about their stay needs, and share details about your rental. A quick and professional response can make all the difference in securing a booking. It’s up to you to respond to tenant leads and messages, so be sure to keep up with your Landlord Dashboard (opens in new tab) and turn on your notifications. Additionally, travelers can reach out to you directly via phone, which is the most common form of communication today, so be sure to answer those texts and calls – they may be valuable leads from Furnished Finder.
6. Screen Tenants with KeyCheck by Furnished Finder
Before finalizing a booking, ensure you’re renting to a tenant that you feel great about. KeyCheck by Furnished Finder (opens in new tab) offers background and credit screenings, giving landlords peace of mind when selecting a renter. Screening helps protect your property and ensures a smooth rental experience. It’s industry-standard for a potential tenant to pay for their screening. Once you’ve finalized all the details about the booking with the tenant lead, you can send a tenant screening request right from your Landlord dashboard (opens in new tab). Powered by TransUnion, this offers a clear and comprehensive look at a background and criminal history, credit insights, and eviction history.
7. Create and Sign a Lease Agreement
Once you’ve found a tenant, formalize the rental arrangement with a lease agreement. Furnished Finder has partnered with Rocket Lawyer to provide customizable lease templates, making it easy to outline rental terms, house rules, and security deposit details. Since lease laws vary by state, Rocket Lawyer offer landlords state-specific, customizable lease templates. You can purchase these templates within your Landlord Dashboard or by clicking here (opens in new tab).
8. Set Up Online Payments for Convenience
Simplify rent collection by enabling online payments through Baselane. This secure system makes it easy for tenants to pay on time, and for landlords to manage transactions hassle-free. We’ve partnered with Baselane to create a secure, fully digital payment system for your rentals. No more risky payments through platforms like Zelle or Venmo. Plus, many travelers prefer paying by credit card to earn valuable points and miles—by accepting credit cards, you’re helping them do so.
9. Prepare Your Property for Move-In
Ensure your rental is fully furnished and stocked with essentials like linens, cookware, and toiletries. Use our Monthly Rental Readiness Checklist (opens in new tab) to make sure your space is move-in ready and welcoming for your new tenant.
10. Welcome Your Tenant & Start Earning
With everything in place, it’s time to welcome your tenant! A smooth check-in process and a warm introduction set the tone for a great rental experience. Be sure to provide your tenant with information such as Wi-Fi access, parking instructions, and any appliance-specific details. And don’t forget to update your calendar on Furnished Finder to keep your listing accurate for future bookings.
List your property (opens in new tab) on Furnished Finder today to connect with millions of travelers searching for monthly rentals.
Happy Hosting!