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Real Estate: Tom Kelly
The Real Estate Adviser |
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July 23, 2009
Avoiding pitfalls when renting vacation homes
While family and friends can be the key to a successful vacation rental property, they also can be a major pain in the backside.
One of the most difficult things to handle — and the biggest obstacle to your bottom line — is when Uncle Fred wants to use your getaway for two nights — midweek — during the peak rental season when you could book the place for top dollar for 30 consecutive nights.
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Previous columns:
- The Real Estate Adviser: Tips on cabin rentals to your friends, family, 07-16-2009
- The Real Estate Adviser: Real estate becoming a global marketplace, 07-09-2009
- The Real Estate Adviser: Tips on renting out your family's cabin, 07-02-2009
- The Real Estate Adviser: Is it time for your parents to move?, 06-25-2009
- The Real Estate Adviser: Puget Sound tops list of 'best places to have fun', 06-18-2009
- The Real Estate Adviser: First-time buyers: Know your options, 06-11-2009
- The Real Estate Adviser: $8,000 tax credit can go for down payment, 06-04-2009
- The Real Estate Adviser: Insurance skyrockets when house is vacant, 05-28-2009