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

Trulia Voices: I am buying a luxury furnished condo in New Bern on the water, am thinking about renting it out for a year. Ahttp://www.trulia.com/voices/Home_Buying/I_am_buying_a_luxury_furnished_condo_in_New_Bern_o-28012Any ideas?en-usAnswer by Kristi Masonhttp://www.trulia.com/voices/profile/Real_Estate_Pro-New_Bern_NC-84631/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_Bern_NC-84631/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, 28 Mar 2008 06:53:40 -0700