For those of you renting in a spring break area (I have a condo on the Gulf Coast), will you rent to “spring breakers”?
When I first started renting and had a hard time keeping my condo booked, I would rent to the 21-25 crowd with a larger deposit.
Would you rent to anybody in this picture?
Maybe it’s my old age and the fact that I don’t want to deal with the hassle anymore, but I do not rent to anyone under 25 and haven’t done so in about 5 years. I focus on families only and require someone over 25 to pickup the key. Sometimes that means my condo sits empty a week in March during the college spring break period.
I am curious – Do any of you rent to the “under 25″ crowd? Does it work for you? How do you handle the deposits? Can you keep a housekeeper more than one season? Is it worth it?
This is an interesting topic with the economy making many owners nervous about maximizing bookings. Plus, many of us know that after the holidays starts the rush of emails & inquiries and need to decide who we are going to cater to.
Post your comments below.
