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Updated about 5 years ago on . Most recent reply

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Robert Tinker
  • Rental Property Investor
  • Round Rock, TX
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MTR for traveling Doctor

Robert Tinker
  • Rental Property Investor
  • Round Rock, TX
Posted

Hi everyone, hope y'all are staying safe and healthy during this crazy time. All my STR 's reservations have cancelled. Put our condo on Furnished Finders and have received an inquiry for April 20- July 30. Question is what lease agreement to use and should we

collect first and last months rent? With it being just 3 months and some change is that customary? Or should we just collect for April 20-April 30? Or just one full months rent? Thanks in advance. Love this forum!

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

For 3 months I'd collect all up front.

STR's are usually paid in full before they show up. This is longer than most STR's but get least half.

Google short term rental lease.

I'm sure you can find some examples that you can tweak.

  • John Underwood
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