Hi,
I’m looking at potentially purchasing a cabin. I was wondering if anybody here has rented properties out to people using VRBO, and what your thoughts on the experiences were. I am not looking to rent it 100% of the time, but if I could rent it half of the weekends (and some weeks) from May to October, I’d be pretty happy with that. I guess, I figure that any extra money coming in when I’m not using it would help pay it off earlier. My wife would be available to clean the cabin after rentals, which was one of our primary concerns.
I would expect having to take out some extra insurance, and bank a few grand for repairs (which we would be doing anyway). Any experiences would be appreciated.