Read these 10 Horror Stories!
https://www.oddee.com/item_99421.aspx
Make sure your medical insurance covers hospitals in the area, and your homeowners insurance covers losses from guests. The premium may cost extra, and many insurance policies have a 30 day limit on such rental associated losses.
Renters can be total jerks, and neighbors may become hostile to both renters and owners. Internet bookings are probably the least controllable.
Any others here have horror stories?
Acceptable registrations in the queue through June 3 at 5:00p ET have now been activated. Enjoy! -M.W.
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Before You Rent Out Your TC Area Property...
Before You Rent Out Your TC Area Property...
"I had a job for a while as an announcer at WWV but I finally quit, because I couldn't stand the hours."
-Author Unknown
-Author Unknown
Re: Before You Rent Out Your TC Area Property...
Traverse City and most of the surrounding townships require proper insurance for rental damage. The other issues in the article aren't a liability in Michigan. The legislature has several bills pending on this matter.
Most properties gross $2500 - $3500 a week in the summer so the economics work, but every business has risk.
Most properties gross $2500 - $3500 a week in the summer so the economics work, but every business has risk.
“Blessed are those who are righteous in his name.”
― Matt
Posting Content © 2024 TC Talks Holdings LP.
― Matt
Posting Content © 2024 TC Talks Holdings LP.
Re: Before You Rent Out Your TC Area Property...
So can many know it alls here on this board.Renters can be total jerks.
Maybe you know the policies in the REST of the much ballyhooed MICROPOLITAN AREA counties? Some people rent it out on a lark. A lot of proposals like you describe DON'T PASS. And the last I heard, The Constitution prohibits EX POST FACTO LAWS.
"I had a job for a while as an announcer at WWV but I finally quit, because I couldn't stand the hours."
-Author Unknown
-Author Unknown
Re: Before You Rent Out Your TC Area Property...
A 7 year-old article on an ad-laden stale buzzfeed-wannabe site does seem to be relevant to NMI's broadcasting forum; doubles as an excellent opportunity to quote and argue with one's self.
Thank you Dr. Bizarro!
Thank you Dr. Bizarro!
"The problem with communication is the illusion that it has occurred."
Re: Before You Rent Out Your TC Area Property...
The title of this thread is "TC area"...Ben Zonia wrote: ↑Fri Jun 03, 2022 4:24 pmSo can many know it alls here on this board.Renters can be total jerks.
Maybe you know the policies in the REST of the much ballyhooed MICROPOLITAN AREA counties? Some people rent it out on a lark. A lot of proposals like you describe DON'T PASS. And the last I heard, The Constitution prohibits EX POST FACTO LAWS.
It's a free country, don't rent your place. But trying to say these situations are typical or much of a threat is patiently false. We shouldn't be swayed by ignorant people who failed to properly prepare to be a landlord.
“Blessed are those who are righteous in his name.”
― Matt
Posting Content © 2024 TC Talks Holdings LP.
― Matt
Posting Content © 2024 TC Talks Holdings LP.