Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

17
Posts
7
Votes
Luke Ostergaard
  • Investor
  • Mobile, AL
7
Votes |
17
Posts

Medium Term Rental Payment and Leasing

Luke Ostergaard
  • Investor
  • Mobile, AL
Posted

Hey BP community!

I am considering gearing my next unit towards travelling professionals and I have a couple of questions. 

1. Are you all typically taking payment up front or on a month by month basis? I assume this would depend largely on whether you are booking through AirBnB/VRBO or another source but I wanted to see ya'll's opinions.

2. What are some specific modifications I should make to the lease? I planned on listing on furnished finder then using a similar process for screening/application/lease signing but I figure the lease for a MTR vs. LTR should have some addenda specific to the shorter stay.

Thanks for all the help. I look forward to hearing your suggestions!

Loading replies...