Renting out your home for Super Bowl is no sure win
Renting out your home, timeshare or yacht for the Super Bowl may sound like a way to make a quick buck, but property owners beware: it’s not as easy as it might appear.
Besides advertising on Web sites or elsewhere, owners face a host of tasks: ensuring their condo board or homeowners association allows short-term rentals, screening renters, obtaining a security deposit, removing personal items from the home, stocking up with goods that renters need, setting conditions for use and checking those conditions are met, among others.
“It’s not like lending the house to friends or relatives for a few days,” said Hollywood resident Valerie Galsky, who works year-round on vacation rentals and is offering two properties for the days around the Feb. 7 championship football game. “This is a business.”
About 120,000 visitors are expected in South Florida for the Super Bowl this year, but business conditions have changed radically since the last time the area hosted the game in booming 2007.