Preparing your Vacation Home for Renting Out
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Preparing your Vacation Home for Renting Out
Before you rent out your vacation home for the first time, you should take some steps to prepare your home. Firstly, you should remove all the valuables from your home that can't be replaced. For example, if you have a family heirloom that is one of a kind, you shouldn't keep that in a rental property.
Secondly, you should go around the house and note any existing damage. Be thorough when completing this step because you will need this information later if there is a dispute. Take as many picture as possible.
Next, you should make sure all your home maintenance needs are up to date. You don't want anything to go wrong maintenance wise when you have renters in your home. Also make sure that all your insurance is up to date in case anything goes wrong.
Finally, you should be prepared to keep good records and logs of the renters. Vacation homes for rent can be rented dozens of times per year, so you need to know who was at the home and for how long. Be overly prepared to keep meticulous records. Some beach vacation rentals by owner have as many as 75 renters each year!
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| Lynne Christen |
