Rent my furnished home for sabbatical year in Binghamton (rental, house, illegal)
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We live in the economically devestated city of Binghamton where most people are fleeing. The only people moving into the area come with home vouchers and maps showing where the local social services are located. There is a glut of property on the market. For business, I have to relocate for one year and pray I find a new job in the new area. In the meantime I would like to rent my home out. Best would be for it to be rented furnished. It would be at a loss because rents are so low but better than nothing. But I don't want to rent to anyone who can't afford to pay for damages. I am also worried about liability. Given it is furnished and temporary, would I have to adhere to usual rental laws and allow children? If so, anyone know anything about limiting liability in the event the children are not well supervised and hurt themselves. There are natural dangers on the property. There is a steep staircase in the house, a steep rock garden in the back and two balconies that could be unsafe if children were to go out on them (second floor) and climb the guardrails. None of these things are unsafe for adults but would be unsafe if children were running around them. The balconies are safe for toddler aged but elementary school aged kids who like to climb could see them as fun. I know you can't usually exclude kids but is there a way to limit my liability if they do move in?
Actually I think there is only one place called Binghamton. Binghamton NY. A NY times article correctly labeled it "The burned out industrial city of Binghamton".
Nope SouthernBelleInUtah, there is no city in Wisconsin or England called Binghamton. There is only an unincorporated area in Wisconsin called Binghamton. The census does not list anyone as a resident of Binghamton Winsconsin. There is no city in England called Binghamton. I was unaware that NY was the center for everything but if you say so it is I won't argue. You may like the fact that Binghamton is in the Southern Tier of the State of NY though.
We live in the economically devestated city of Binghamton where most people are fleeing. The only people moving into the area come with home vouchers and maps showing where the local social services are located. There is a glut of property on the market. For business, I have to relocate for one year and pray I find a new job in the new area. In the meantime I would like to rent my home out. Best would be for it to be rented furnished. It would be at a loss because rents are so low but better than nothing. But I don't want to rent to anyone who can't afford to pay for damages. I am also worried about liability. Given it is furnished and temporary, would I have to adhere to usual rental laws and allow children? If so, anyone know anything about limiting liability in the event the children are not well supervised and hurt themselves. There are natural dangers on the property. There is a steep staircase in the house, a steep rock garden in the back and two balconies that could be unsafe if children were to go out on them (second floor) and climb the guardrails. None of these things are unsafe for adults but would be unsafe if children were running around them. The balconies are safe for toddler aged but elementary school aged kids who like to climb could see them as fun. I know you can't usually exclude kids but is there a way to limit my liability if they do move in?
It's your home my friend, you can rent it, or not rent it, to whomever you wish And you owe no one any explanations for who you choose to rent to.
I would suggest you advertise it as a home for a couple or single person ONLY.
Just be firm on that and hopefully you will find a good tenant.
My original point was that most people on this forum are not in NY nor have most heard of your city. It helps to identify the state as housing laws vary by state. PLEASE tell us your location when asking questions.
Realtors are welcome here but do see our Realtor Advice to avoid infractions.
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And you owe no one any explanations for who you choose to rent to.
