What are standard terms for snowbirds (canadians / international folks) in Florida who are renting for Jan-April? I have a possible client who says, they have paid month-to-month like a yearly lease for seasonal in past (with a $250 deposit non-refundable to book the place).
I thoroughly checked online, most companies / local property managements show 50% at booking and 50% 45-60 days in advance. Talked to a local realtor who says, we are flexible on how they want to pay.
I am worried, what if they cancel last minute? and we are out of tenant?
Just want to know what are usual payment terms for seasonal rentals?
@Fllnids Agg Yes, it's typical to have one month's security deposit. It's not difficult to write up your own lease and handle it that way. Or you can always list the property for 30 day minimums on Airbnb and VRBO and they'll handle all the payment for you so you don't have to worry about it. One perk of using those sites is that there's a lot of traction so it's easy to market.