Buying or selling a home involves a lot of things, it also raises questions. In this column ‘Ask Bob’, real estate expert/broker Bob Bartikoski of RE/MAX Paradise Homes Bonaire answers a real estate question from a reader. This time:
Question: I want to rent out my property on Bonaire. What do I need to keep in mind before I rent it out?
If you’re considering renting out your property, here are a few key things to think about:
1. Rental Duration
Decide how long you want to rent it out. Do you want to reserve time for yourself a couple of times a year, or are you looking for a long-term tenant?
2. Zoning Regulations
Check the zoning for your property. Some zones allow vacation rentals (short stays), while others may only permit rentals for 3 months or longer. Knowing this helps ensure you stay compliant with local rules.
3. Self-Managed vs. Professional Management
Are you ready to handle searching for tenants, making a contract, arranging cleaning, maintenance, and tenant communication yourself? If not, our property management service might be the way to go. Read more about our property management service here.
Best of luck with your rental journey and do not hesitate to contact us if you wish our assistance with managing your property for you! More about our property management services you will find in our next edition from Ask Bob.
Do you want to buy or sell a house in Bonaire, or do have a real estate question for Bob? email him at: [email protected]. Call for free from the US: 1-866-611-7362 or Bonaire: +599-717-7362. See all our listings here.