WHY SHOULD I RENT OUT MY VACATION HOME? PT. 2
On this post we resume the most important aspects to have in mind when renting out your vacation home. Let’s check it out!
Find a dependable cleaning crew and other maintenance personnel. If your home is popular, you will have one set of guests checking out in the morning and a second set arriving that afternoon. That makes it imperative that the cleaning crew show up on time. If you don’t live nearby, your cleaning crew is also your eyes and ears. You may also need pool service, a lawn service and a handyman, plus know whom to call if the toilet quits working.
Get proper insurance. A regular homeowners policy rarely covers a vacation rental. Ask your agent what type of policy you need for a home that is used for short-term rentals.
Set up your welcome package and infrastructure. If you don’t plan to meet guests personally, how will they get into the unit? Keyless entry and a hidden key are the two most common methods. Decide which is best for you. Most guests expect to pay with credit cards, though some online portals provide that service or help you sign up for it. Consider creating a welcome packet with the Wi-Fi password, entertainment services, appliance operating instructions and information on community amenities.
Create a tenant screening process. Joseph advises talking to all prospective tenants by phone. Ask the number of guests, their ages, why they want the property. If they book, get their full names, addresses and phone numbers. “You get a lot more information and a feel for people by talking to them,” he says.
Offer a personal touch. In a world of online reviews, you want your guests to recommend your home or become return customers themselves. Anything you offer to make your home stand out, and to make their vacation easier, is likely to yield dividends.
In Destino Vacation Rentals we can you save you up lots of time, stress and money. Contact us through our listing form and find out how!
With information from Teresa Mears at US NEWS.