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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      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