5 Reasons Why You Might Need a Mid Term Rental Property

Life is full of happy occasions and more challenging times. Often we are unprepared for both and it can add to our stress and worry.

Needing to stay in accommodation other than your home usually only occurs to us when it’s time to go on vacation. We are more focused on the sand and sea and maybe the nightlife. If the place you are staying is not as good as you expected it sucks but it is only for a week or two.

But what happens if you need to stay somewhere for longer? This can happen for a variety of reasons:

1. Promotion. Congratulations you got that new role you applied for. But it involves relocating. The timeline between when the company wants you there to when you can be fully settled rarely match. Also, you don’t want to rush into a house purchase without getting to know your new town or city. A mid term rental can offer you the opportunity to have your family with you while you get to know the area better and where you might want to live long term.
2. Projects. Your company has seen your potential and they have added you to a project that involves being at a different location for a while. The prospect of being limited to a hotel room for weeks or months on end isn’t exactly exciting. A mid term rental can offer more of the amenities that you are used to at home and give you more control over life outside of the project. This type of arrangement is also very common in the film industry where a shoot is happening in a location for a period of time but then it’s done.
3. Renovations. If you have a big renovation project going on at home or perhaps even a complete rebuild you don’t want to be living in all the dust and debris. A mid term rental in your home city is a great alternative option. It also has the flexibility to be extended because we all know those renovation projects don’t always finish oil time!
4. Disasters. Unfortunately, bad things happen. A fire or flood and all of a sudden you are having to look for somewhere to live. This can often be for months and insurance companies may have established relationships with mid term rental companies or it might be up to you to find one and then have the insurance company cover the costs.
5. Extended Travel. As more boomers retire and look to spend more of their leisure time with exploring and experiencing there is a group that chooses to have extended travel stays in one city or region. They want the availability of a hotel in terms of location and the flexibility of cooking their own meals like at home. A mid term rental can offer both.

Is one of these relevant to you and your situation? If so please let us know where and what you are looking for by completing this form https://midtermrentalproperties.com/mid-term-rental-property-search/  and we will be back in touch with a selection of properties from across Canada.