After extensive Preparation (read about it here), we are Loving Living in Puerto Rico! Here is a recap, as we pass the three month milestone in PR.
Long Term Rental on a House
Working with the realtor before arrival really paid off! The first house we looked at was everything we wanted, in our price range, and it was almost perfect! We viewed several other properties, and decided to make an offer on the first house. We provided current credit scores and reports with our application. Security deposit, plus first month and last month rent were paid with a local check (opening PR checking accounts were part of our six month preparation steps). Our house was partially furnished, so we could move in right away, but there would be extra expense to purchase more furniture.
Exactly one week after arrival on the Island, we moved into our new home! Our realtor states over and over that this is not typical. You never know what properties will be available. I pushed everyone to get our house quickly, two weeks would have made the process easier.
We took a quick trip back to Phoenix to pack and ship more stuff, and to bring our dog to the Island. He is now a 2 month resident and loving his new home! Our house has plenty of grass in his fenced dog run and back yard (pet friendly and grass yard were housing requirements).
Utilities; Water, Electric, and Internet all fully functional in the house! Switching water and electric was pretty easy, and both complete within a couple days of move-in. The internet company had to come out to trench our yard and run new cable, since our house had never had internet before. It took a whopping five days for Internet to be up and running (including time to trench and lay new cable).
Furniture Purchase; This is why I say our house was almost perfect, it had a guest bed, dining table and chairs. We had the extra expense of buying furniture for our rental house. Not something we specifically budgeted for, but we knew it was a risk and prepared – just in case. We purchased furniture for the Master bed room, two offices, patio set, and living room. Our house it still not fully furnished, but we can add more stuff gradually.
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