Good afternoon! I have a client closing on a $2M+ waterfront property in a golf cart friendly community. Does anyone have experience renting one with their units? He is concerned with liability. Thank you!

I am not touching it personally, trying to help a client. I have a $5M liability as the manager. I guess he will just have to do the same.

I can see the benefit of offering it, but my goodness the liability. Your biggest risk is kids commandeering the thing while mom and dad are in the hot tub,and running over and killing someone(s).

I know liability is a huge concern with golf carts, especially since you don't know who is going to be driving it. Most STR hosts just team up with a local vender and offer a discount to guests, then they can just rent a golf cart from a company that is set up for it.

Do what we did, give it a year and if it ends up being good keep it. If it does what ours does then you can make a decision. our two houses are about 1.5mm together - maybe with a $2mm house you will have a little more responsible guests but I doubt it as there is always one person that screws it for everyone. fortunately for us, the dip in income didn't impact us because we bought with cash but if they have that pressure it may make a difference

I don't think we would have done it without the vendor servicing it, taking calls 24/7, and handling insurance. Another option would be to partner with a local vendor - we did that a lot and would make 10% commission.

Yeah, if you have to provide one, you know the drill...get a really good liability policy. I could see a multi $ million claim on one of those things in a resort-type setting.

I agree but it is (although waterfront) about a 10+ min walk to the beach and all of the competition has it included unfortunately.

Ugh the problem is everyone else at this price point includes it and I fear that not having it will affect bookings

Any experience including Golf Carts?Any experience including Golf Carts?

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