Updated over 7 years ago on . Most recent reply
Renting a room at vacation property while there
Hi!
I am heading up to my vacation property in a few weeks and was thinking about renting out one the rooms while I’m there. Should I get a contract or security deposit?
Thank you BP community.
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
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- Rental Property Investor
- Tennessee Florida
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Personally I wouldn't bother doing it I'd want the whole place to myself and I don't like the kind of guests that would rent one room while someone else is in the other rooms.
But to answer your question, yes I would get a deposit and have them sign a RA just like everyone else.