Vacation Rentals Guide

Kymimom asked:


This is the first year we decided to rent out our Family Cottage in Canada as a “Vacation rental”. We are trying to avoid some of the unforeseen problems that we may not be aware of.

If you have any suggestions, idea’s or tips …we would love to hear them.

The daily/night rental rate is set for a very reasonable amount for the area, so we have been getting alot of interest.

We are charging a small security deposit, that will be returned when they return the key and the place is confirmed to be as it was before they arrived. ( ie, no damage…)

Is there a standard short term/ vacation rental agreement form that I could use?

Any suggestions would be helpful!

Thanks
One more point - We are US citizens and the Vacation Property is in Canada.
We own it.

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Sarah asked:


I’m 20.. however the other 5 people I’m going with are 21-24. It’s hard to find someone to rent to young couples, so I need your help!

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Inapinch asked:


I’m going on vacation w/ friends. Our original rental fell thru after we all paid. Organizers didn’t stay within budget and now all “families” are being asked to pay additional money. As the only single person going, the extra $$ is cutting into my spending $$ AND also the rental they have now put me in costs less for the week than what I’m being asked to contribute - it appears I’m helping pay for the other 2houses. How do I tell the organizers I can’t/won’t pay? Vacation starts next week..Yikes!

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nancie asked:


I’m thinking of renting a vacation home in Kissimmee, FL. It requires a $300 deposit and full payment 60 days before arrival. Is this standard policy? I’ve seen other rentals say the same thing but full payment 2 months before arrival seems kinda sketchy. It could be that I’m just not familiar with how vacation homes are handled. Should I be concerned? This is the home: http://www.villaemerald.com/1.html

Is there a way for me to check with the Better Business Bureau? How are rental homes handled as a business? What would I even look up? Please help.
Obviousman, thank you for your response. Did you pay the full rent about before you arrived at the vacation home?

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IPCTopEarner asked:


I am planning a vacation this Summer and want to learn more about vacation rentals. What site should I go to?

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Frank T asked:


Hi everybody,

i have a question on what is the common policy on weekly rates.

Say, a vacation rental offers a rate policy of 100$ per night and $560 per week.

If a renter makes a booking of 10 nights, what is the common policy to calculate the end price?

a) 1*$560 + 3*100$ = $860
or
b) 1*$560 + 3*($560/7)) = $800

Thanks a lot for your kind help …

theplatform06

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