Furnished Vancouver 2010 Rentals - Winter Olympic Accommodation, Homes, Townhomes, Condos for Rent

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Do You Want to Rent Your Olympic 2010 Rental Condo By Yourself?
If you have rented a home or accommodation before to tenants, then renting your 2010 rental accommodation should not be a problem. Experience is the key in making sure that you make the appropriate choices in placing visitors and travelers into your Vancouver 2010 rental accommodation.

If you haven’t rented or property managed before, we certainly suggest going with a Vancouver 2010 Rental Property Manager to handle your transaction from beginning to end, as there are many small things to consider when renting your home for the Olympic Games. These tiniest details are often overlooked, and may end up costing you hundreds if not thousands of dollars in the short term and long term. If you do decide to rent your Olympic 2010 rental accommodation by yourself, here are some key tips to follow: make sure that your rentable suite or room is in an ideal location close to transportation routes (like buses, SkyTrain, Seabus, West Coast Express or highways). If not, make sure that you make proper arrangements or give property details about how to catch a taxi or where to rent a car during the event. Another thing to consider is how to furnish your home or condo for the 2010 rental accommodation. Obviously, your furniture needs to stay, and all kitchen appliances and utensils, but have you thought about internet, cable and land lines as well? Also, parking may be of a consideration for renters during the 2010 Games, especially visitors from Washington State or Alberta. Other things to consider are drafting a legal Residential Tenancy Lease that protects you and allows you to accept deposits, payment plans and monetary funds for your new Vancouver 2010 rental accommodation. Yet, other things to think about include managing your tenant during the event (if you are going to be away) in addition to making sure everything runs smoothly. As you can see, there are many things to think about when renting your home as a Vancouver 2010 rental accommodation. It’s not easy, but it can certainly pay off, big time.

Do you want to rent your furnished 2010 rental home yourself? make sure you do your due diligence and draft a property residential tenancy lease and collect deposits and rent securely

Things to Think About When Renting Your Home for the Vancouver 2010 Olympics – Residential Tenancy Agreement and Furnished 2010 Rental Home Insurance
With the 2010 Olympics coming very soon, many Vancouverites are wondering how they can capitalize on the sudden influx of visitors and travelers into the area. The easiest way to make a quick buck or two is to consider your home as a furnished 2010 rental accommodation. By doing so, you will have the option of placing tenants on a monthly, weekly or daily basis, and making a lot more money then you would through a typical residential tenancy lease. In many cases, by renting your home or condo for the 2010 Olympics, you will be making as much or more money then you would by renting out the same suite for an entire 12 month lease in any regular year. With a definite lack of Vancouver hotels and short term furnished rental suites in Vancouver, renting your home or condominium as a furnished 2010 rental will not only bring you extra cash, but can help provide much needed space to those who want to check out all the sites and events during the Olympic Games. When considering renting your home for the 2010 Vancouver Olympics, you need to make sure that you have a proper Residential Tenancy Agreement drafted. Either go to your lawyer or purchase one online, but make sure everything is signed and hard copied so that there are no arguments or problems during the tenancy. Also, make sure your furnished 2010 rental accommodation or home for rent has the right insurance as this may have profound influence on any damages or problems you may encounter. Most Vancouver homeowners insurance and rental insurance do not cover tenants or sublets respectively, so this is very important for anyone considering renting their home during the 2010 Olympics. Depending on the type of rental 2010 furnished suite or accommodation, you may require additional tenant insurance to help protect you from damage or even theft caused by your tenant during their stay. Again, it is extremely hard to do any sort of criminal or credit check on tenants outside Canada, so it is ultimately important for you, as a homeowner renting out your 2010 furnished rental accommodation to do your due diligence and mitigate any problems early on. Having the property Residential Tenancy Agreement and the proper 2010 rental insurance are the keys for smooth tenancy.

Renting Your Condo Apartment for the Rent 2010 Accommodation Market can have many perks and a great income, but watch out for hotel taxes, reporting rent on your personal income taxes and other fees

Other Fees and Taxes Involved with Renting Your Home During the Olympics as a Short-Term Furnished 2010 Accommodation
Many home owners looking to rent 2010 condos and homes are not aware of certain tax and rental laws in Vancouver. It is important that you as the renter or landlord to make sure that you are aware of all the rental laws and taxes in Vancouver if you are planning on renting your 2010 furnished accommodation or home during the Vancouver Winter Olympics. Depending on the number of spaces you are renting in addition to the length of time you are renting your home or condo for the 2010 Olympic Games, you may be required to pay hotel taxes or other resort type fees for your furnished 2010 rental accommodations. As you well know, these hotel taxes and fees can add up to quite a lot of cash, so be prepared. By doing a bit of due diligence and checking websites like the City of Vancouver (look for lease and rental terms for short term furnished stays) in addition to the BBB will help ensure that you conform to all the necessary municipal and provincial laws and do not get slapped with a fine for renting out your home as a 2010 Vancouver rental accommodation. Again, the hotel taxes and other rental fees depends on both the number of units as well as the length of time you are considering renting your home yourself as a Vancouver 2010 furnished apartment or home rental.

How to collect deposits and rent from your tenants staying at your Vancouver 2010 furnished rental

Renting by Yourself - Collecting Deposits and Rent for your Furnished 2010 Rental Home
For many people who haven’t needed to collect rent or been self employed (the need to collect cheques from vendors), renting your home by yourself for the Vancouver 2010 Olympics may be a daunting task. The possibility of a tenant not paying the rent or skipping out or even damaging your property during the Olympics, may turn many people off from renting your home or condo as a furnished 2010 rental accommodations. In most cases, collecting a 50% deposit on a 2010 rental accommodation is standard. You as a property owner or tenant subletting an apartment or room should collect a non-refundable 50% deposit by bank draft, wire transfer or Paypal online payments for your furnished Vancouver 2010 rental suite. In addition, if you have a business that accepts credit cards, you can collect your 2010 furnished rental accommodation 50% deposit by allowing tenants to pay by Visa or MasterCard. In addition, property owners for renting their own home for the Olympic Games are collecting the final 50% rent about 30 to 60 day prior to the rental date. In other words, 100% of the rental amount is collected at least thirty to sixty days prior to the move-in date. All deposits for your 2010 furnished rental accommodation should be non-refundable to protect you. In addition, a refundable damage deposit should be collected from your renter for your own Vancouver 2010 furnished rental accommodation. Rent 2010 condos should also charge a cleaning fee to all renters. All booking reservations for a furnished 2010 rental suite should be confirmed with a credit card for additional security and protection for you.

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Have you considered renting your home during the 2010 Games?

Renting a Furnished 2010 Suite Yourself? Here's some advice.

Use a Professional Vancouver 2010 Property Management Company for Your Furnished Rental

PART 1 - Issues surrounding furnished 2010 rental housing including property management issues and money/rent collection

PART 2 - Other problems you may encounter if you rent 2010 Vancouver accommodations including GST524 Rental Rebate, reporting your rental income and strata bylaw restrictions for furnished 2010 condos and townhomes

PART 3 - Rent 2010 Vancouver Furnished Suite Issues including HRT and other city taxes, competition from 2010 property managers, post- 2010 Olympic rental inventory

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