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  #11  
Old 08-04-2019, 07:23 PM
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Toymeister Toymeister is offline
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Quote:
Originally Posted by villagetinker View Post
OP, there are some local firms that will act as your agent, you may want to inquire which of these are reliable and cost effective. This might save you a lot of trouble.
I advise against this, they charge 17-20%, set the rent as they see fit, force you to use their proprietary services such as home watch, and lock you into a contract.

It has bad idea all written over it.
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  #12  
Old 08-04-2019, 07:30 PM
valuemkt valuemkt is offline
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The internet is a wonderful thing.. First off, I would never consider renting to anyone that wouldnt provide me a photocopy of drivers license.
Next, nearly all of my renters had at least one person in the couple on Linkedin.. Of course facebook is next .. If they don;t appear on either, you need to find another way to get to know them. For longer term rentals, I wouldnt do a background and credit check. Next, and somewhat controversial, I'm reluctant to rent to someone outside the US.. Why, because in the event of default / damage, it;s nearly impossible to get and enforce a judgement on them. In my many years of renting in numerous states, the only time I wasnt able to collect a judgement or garnish wages was when a renter returned to Canada. The only time I had a little bit of trouble here in the Villages was renting to a Canadian. As I;ve said to folks over the years .. if you wouldn't give someone the keys to your car, why in the heck would you give them the keys to your house ?? You have to be comfortable.
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  #13  
Old 08-04-2019, 07:41 PM
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Velvet Velvet is offline
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With a non US renter they should pay the entire amount of their stay before you give them the keys, that system seems to work in Hawaii for many. Including cleaning and damage deposit.
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  #14  
Old 08-04-2019, 07:49 PM
valuemkt valuemkt is offline
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Everyone pays in advance here.. typically a minimum of 75 days prior to occupancy. Even on a 3 or 4 month rental. That doesnt help if there;s damage or theft
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  #15  
Old 08-04-2019, 07:56 PM
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The damage deposit can be substantial and it is refunded completely if no damage. You can even offer to pay the renter interest on the damage deposit. It covers theft too, and large theft eg golf cart is covered by insurance. It also makes sense to keep one room locked with your own personal items if you plan to use the property part of the year.

I remember one year the white towels provided in my rental got yellow stains and all the towels cost was deducted from my damage deposit - never used other peoples’ towels again, I buy/bring my own. Like them better anyways.
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  #16  
Old 08-04-2019, 08:32 PM
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Be sure you know where they live and have information to track them down if need too.
If they own a home check the property records for the town they live in.
Check employer HR
Be sure to get a check with their name on it for a deposit and identy.
Be sure you know the local (FL) laws on renting and taxes
A problem the renter will have is knowing if you really own the property you are renting. The more they try and check you out I think the better they are likely to be. For example if you use a PO box they know nothing about you. If you use the address of your home they can check the owner on the county records.
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  #17  
Old 08-04-2019, 08:53 PM
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Velvet Velvet is offline
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You are so right. One year I wanted to rent at Whistler B.C. in Canada. You would not believe the number of people who lived in Africa or Asia who wanted to rent to me!
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  #18  
Old 08-04-2019, 09:33 PM
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Quote:
Originally Posted by Velvet View Post
He also watches hydro and water usage. He can immediately tell if there are too many people in the building.
You can spot it in the water consumption. The same water monitoring devices that tell you of a leak do the same for extra occupancy. People use water at predicable rates. It's not the purpose of the monitors but they detect it as an anomaly of consumption.
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  #19  
Old 08-04-2019, 09:56 PM
Fraugoofy Fraugoofy is offline
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Quote:
Originally Posted by Toymeister View Post
I advise against this, they charge 17-20%, set the rent as they see fit, force you to use their proprietary services such as home watch, and lock you into a contract.

It has bad idea all written over it.
I agree with Toymeister on this one. Do your homework with renters and it is usually a pretty good strategy.

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  #20  
Old 08-04-2019, 10:05 PM
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Quote:
Originally Posted by Velvet View Post
With a non US renter they should pay the entire amount of their stay before you give them the keys, that system seems to work in Hawaii for many. Including cleaning and damage deposit.
I have to say something. I have 2 rentals and one thing you ALWAYS do. It is 1/2 the rent with the lease and the rest 60 days before move in. Also, charge what everyone else is in high season. Last thing is talk to everyone on the phone before you do a lease. You will learn all you need to know. Don’t use the ripoff rental services anD ALWAYS charge a cleaning fee.

Don’t undercut the going rent. - your place will rent, they always do.
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