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I am buying a luxury furnished condo in New Bern on the water, am thinking about renting it out for a year. A

Any ideas?
Thu Mar 27 2008, 18:49 - New Bern - Home Buying - 1 answer
 
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Elaine Zimm
Just Looking
in New Bern
Elaine Zimm, Just Looking in New Bern in New Bern
Answers (1)
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Kristi Mason was FIRST TO ANSWER
FIRST ANSWER
There are few furnished rentals available New Bern but none of them are luxury condos- so you may not have too much competition. Make sure you have a good property manager,do a credit check and ask for a substantial deposit to protect your investment. Check your condo association to see what rules they have regarding rentals. Have you considered using it as a vacation rental? That would require more work for you or a manager but may be worth it. You can check out what's available on VRBO.com( vacation rental by owner)& see what they are charging per night.
good luck!

Fri Mar 28 2008, 06:53
Web Reference: http://www.vrbo.com/vacation-rentals/usa/north-carolina...
 
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