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Updated about 10 years ago on . Most recent reply

User Stats

123
Posts
19
Votes
Ray S.
  • Investor
  • Miami Beach, FL
19
Votes |
123
Posts

Shorter term, furnished rental

Ray S.
  • Investor
  • Miami Beach, FL
Posted

I have multiple condos I live in and want to start renting one of them out when I'm not in town for 3-6 month timeframes. I'll be renting it out myself. What do I need to protect myself? 

Do I need some kind of deposit, if so what % of the rent? What kind of rental agreement should I have them sign? What kind of insurance do I need to protect my belongings and condo from damage or theft? How would I screen the tenant? Anything else I need to be aware of?

Thanks!

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