NEED ADVICE on renting my house as lodging for a special event in t

Budget101 Discussion List Archives Budget101 Discussion List NEED ADVICE on renting my house as lodging for a special event in t

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      Wow….you really think I could get $3500 if I did the extras??

      I will absolutely take the week off work then, it will be worth

      it…$3500 would be a HUGE help for me, I am really struggling

      financially and ready to try just about anything legal to catch up…

      My “magic number” I’d really like to earn is $3830. That is the

      payoff for my biggest credit card.

      — In Budget101_@yahoogroups.com, “herberkids3”

      wrote:

      >

      > Add on-

      >

      > with the extra’s you list (called conceirage most the time), I’d

      say

      > charge no less than $3500 for the week.

      >

      > — In Budget101_@yahoogroups.com, “herberkids3”

      > wrote:

      > >

      > > Hmm… that’s a tough one. First of all, are you prepare to let

      > > virtual strangers stay in your home? They’d have access to your

      > > home, and everything in it for a week. The money looks good,

      sure,

      > > but I’d be scared of what I might forget to tuck away safely,

      that

      > > they might stumble over.

      > >

      > > I don’t know about insurance, but at the very least, get

      > referrences

      > > (multiple), and require a down payment of half the amount you

      want

      > > to charge. For refrences, check it by calling them. Ask for a

      > > personal reference, a business reference (maybe?), and a rental

      > > reference. Ask that they not be related, and get current phone

      > > numbers.

      > >

      > > You should also get license plate numbers for all the vehicles,

      > and

      > > drivers licenses for all the people staying in the house. This

      > way,

      > > if something is damaged, or the price isn’t paid, then you can go

      > > ahead and file charges.

      > >

      > > Ask around at what other people are going to be charging for

      > houses

      > > similiar to yours. Don’t look at what the closer, nicer, bigger

      > > places might get. I’d say at least $2,000 for the week, judging

      on

      > > the hotels charging $1750. They’ll be getting a bigger space,

      with

      > > access to a kitchen, so you should charge more than the hotel.

      > >

      > >

      > >

      > > Your best bet on information would be to contact someone who did

      > > this last time. They would be able to help with what needs to be

      > > done, insurance wise.

      > >

      > >

      > > — In Budget101_@yahoogroups.com, “carole” wrote:

      > > >

      > > > Has anyone ever rented out their house for a week for a special

      > > > event? I need some advice on how to do it. There is a big PGA

      > golf

      > > > tournament coming up in my town in August, and many people will

      > > rent

      > > > out their homes for big bucks that week. Last major tourney we

      > had

      > > > folks close to the country club who were getting over $5000 for

      > > the

      > > > week! My house isn’t as fancy as those are but it is clean and

      > > decent

      > > > and still less than 5 miles from the tournament site, and the

      > > decent

      > > > hotels in my area are charging $1750 for that week for a simple

      > > room.

      > > >

      > > > My house is a big three bedroom with sleeper sofas in the den

      > and

      > > > living room, so that would be five separate rooms that would

      > each

      > > > sleep 2 people, plus there would still be space for air

      > mattresses

      > > if

      > > > needed. It is also dog friendly. I have a small hot tub and a

      > nice

      > > > grill on the patio for cooking. I would even take my vacation

      > week

      > > > off work and provide “extras” like transportation to and from

      > the

      > > > golf course or to shopping, etc. and airport transfers with my

      > > > minivan, “doggie sit” and do maid service while they were gone

      > > each

      > > > day and prepare dinner for them ahead of time each night for

      the

      > > > right price. I can stay at my aunt’s house about a block away.

      > > >

      > > > I need advice on:

      > > > 1. what I should charge, both for basic rental and for the

      > extras?

      > > > 2. how to protect myself and my property (special insurance?)

      > > > 3. How do I check references?

      > > > 4. Do I make them pay all in advance? Can I run their credit

      > card

      > > via

      > > > paypal or something similar?

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Budget101 Discussion List Archives Budget101 Discussion List NEED ADVICE on renting my house as lodging for a special event in t