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Updated over 1 year ago,
Rental paperwork, payments, and deposits
My wife and I recently bought a family cabin, but we also want to rent it out by the week and/or month during times we aren't planning on being there. Our County will not allow us to list on VRBO or Air BnB unless we list as a monthly rental, and they do monitor those websites. Because of that I am going to create a flyer we can send to Realtors and post on Facebook and various sites.
Since we aren't using VRBO or Air BnB I will need to figure out a lease/paperwork for my renters to sign, a way for them to send payment and a deposit.
1. Where can I find rental documents specific to STR's? What are those websites and what documents should I use?
2. What are the best ways to collect rent/security deposits - Vemno, PayPal, or others?
3. Better yet, is there a website (not Air BnB or VRBO) that could be used to handle all paperwork & deposit of payments? That way I wouldn't need to piecemeal it together.
Is there anything else I'm missing or need to account for?
Taylor Witt
Since we aren't using VRBO or Air BnB I will need to figure out a lease/paperwork for my renters to sign, a way for them to send payment and a deposit.
1. Where can I find rental documents specific to STR's? What are those websites and what documents should I use?
2. What are the best ways to collect rent/security deposits - Vemno, PayPal, or others?
3. Better yet, is there a website (not Air BnB or VRBO) that could be used to handle all paperwork & deposit of payments? That way I wouldn't need to piecemeal it together.
Is there anything else I'm missing or need to account for?
Taylor Witt