devo6655 commented on an ideabook

Considering Renting to Vacationers? Read This First

More people are redesigning their homes for the short-term-rental boom. Here are 3 examples — and what to consider before joining in Full Story
     Comment   August 18, 2014
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In addition to our city vacation rental, we offer our 3 bedroom lake house by the week in July and August and a 2 day minimum the rest of the year. We've done this for 14 years and have had very few bad experiences. I do the management and I enjoy the work. I have a reliable cleaner and she runs errands if we needs them. We are careful to furnish it with non-valuables and offer a more rustic space so we don't have to worry about things being broken. When they are , they are easy replaceable and inexpensive. We have a few house rules such as "no wet bathing suits on the furniture" "no smoking in the house", etc.

One year we decided to rent it long term in the off-season - October - May. That was a huge mistake. I had asked a management company oversee it since we live about 4 hours away. They found renters who broke down the door to our lock-up, stole everything one can carry alone, and ran up huge electrical bills they didn't pay and skipped out on the rent after the first month. It took the management company 2 months to get them out. We didn't even know about the problem until I started to ask about the missing rent. The management company said they would get the rent, but they never did yet took their percentage from what was paid. They rarely communicated with me, didn't return calls for days, and never returned e-mails. I'll never use a management company again. Their interest is purely theirs.

In the end, we never got any more money. When we went to the police to report the stolen items the officer stated that we should avoid the long term renters as they are usually a problem thinking the house is their's and treating it as such. He said to stick with vacation rentals as they have their own home and respect others'. I have found this to be true.
August 18, 2014 at 10:44PM     
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Christian Nommesen
Cathy, you're right, the wifi cameras are great for a senior parent. I looked after my grandfather who had Alzheimer's for a couple of years before he passed. I was able to monitor him while I was at work via the cameras. Because they also have speakers, I could talk to him, "Grandpa, don't scratch your head!". He would say, "Oh, Ok." and it was very helpful. I could also check in on the other caregivers. Finally, it's also good for kids at home, baby, teens, etc... No more raging parties (at least in the living room) when the folks are away for the weekend.

Capeanner, it's true that it may be a little creepy for some to have the cameras in house. But if you had the camera recording inside the house and someone broke into the home while you were away, you'd be glad you had the evidence. Same with the garage, you could see who took the power washer. I guess everything is a compromise at some point, and is part of a larger discussion about privacy vs. security.
August 26, 2014 at 9:28AM   
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Gyan Cledoro
September 1, 2014 at 2:30PM   
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