In 2019, we acquired a preowned property with the purpose of renting it out during the peak season until our retirement, which is only a few years away.
We place great importance on carefully handpicking our tenants because we highly value our neighbors and aim to uphold a respectful and harmonious atmosphere in the community. Our rental period spans four months annually, with a minimum lease duration of two months. This approach serves to help us cover the property's expenses as we approach retirement.
What sets our approach apart is our personal involvement in tenant selection and management. We utilize an owner-managed website for renting our home, distinct from platforms like Airbnb and property management companies, which offer less control over tenant selection.
Speaking from a personal perspective, I share the sentiment of not wanting a property next to mine to experience frequent tenant turnovers every 2 or 3 days. This is why we believe in longer-term rentals, which contribute to maintaining a stable and friendly neighborhood environment.