Posted by James on November 21, 2009 at 10:08:36:
In Reply to: Investing in long distance short-term rentals posted by James on November 20, 2009 at 17:47:30:
As far as collecting rents are concerned, with short term vacation rentals, you sign the contract and collect the 1 or 2 weeks rent BEFORE the vacationers get there + you collect a security deposit along with the 1 or 2 weeks rent + you collect the $75 cleaning lady fee. Ideally, the cleaning lady will live close to the unit. This unit is only 2 yrs. old so not much inside maintenance needed. The association fee covers the outside. I don't know where you get a 25-30% manangment fee? Yes, I will use it myself a few times a year.
- Re: It is a Short-Term Rental BchBum 20:56:15 11/22/09 (0)
- Re: It is a Short-Term Rental Brian (NorCA) 13:01:43 11/21/09 (0)