How to Turn Your Home Into a Vacation Rental

Since the vacation rental industry has an explosive boost and became a multi-billion dollar industry, many homes located near resorts and national park areas have been converted into vacation rentals by the homeowners. And with more tourists coming every year to their favorite tourist spots, this is an indication that homeowners should consider their extra homes or part of their homes to be used as vacation spaces.

If you are thinking about turning your home into a vacation rental, you have to consider some factors that will ensure you make the right decisions. Renting your home is not as simple as accepting people to live in your house and paying you when they leave. Your temporary tenants are your responsibilities and anything that can happen to them or to their properties can also be your responsibility. So you have to check with your city or community’s homeowners association about guidelines on how to turn your abode into a rental place. You may also need to pay taxes with it. However, turning your home into vacation rental can be easy as long as your home can be a safe place to live and you have the amenities to provide your tenants comfortable stay.

So here are some tips to give you ideas on how to have an extra income out of your home.

10 Steps in Making Your Home into an Ideal Vacation Rental

1. See to it that your home is most suitable to be a vacation rental. Since there could be some homes in your area that may also be accepting rentals, your home must also have unique features to attract vacationers. Your property should be desirable, have good amenities and located in a marketable place and that means it is situated in or near a tourist spot where people from other places would take days to have their vacations. Is your home has great view? If it does, you can still enhance it. Does it have a good connection to the internet? If it doesn’t have it, apply for it. Your guests will definitely need it.

2. Your home vacation space should have nice and working interior and exterior features. Make sure everything inside and outside your property is working well, presentable and always look new. You can do repair, add more furniture, have nice beddings and put on a nice lawn or landscape.

3. If you can’t afford to clean the space regularly, find a good housekeeping service. It will be a good point if you can hire a regular and trusted cleaning service for your home rental. If there are many available home vacation spaces in your area, you can have an advantage with your clean and neat space.

4. Have an organized and secured key system in your office. Normally, it would be ideal to have a key system with lock in your home or in your office to keep in the keys. Without it, your tenants and their properties would be at risk. Hold the key to this system and no one must hold it except you or your wife in case you are away. Kids sometimes misplace keys. Also, make sure the keys are returned to you prior to the guests leaving your home.

5. Make some rules for your home rental. You need to set some rules for your guests to follow and tell them these are necessary for their own protection such as the proper use of electrical appliances, the use of trash cans, where dirty clothes should be put, avoidance of creating noises, and so on. Rules can favor everybody not only your guest but other people as well.

6. Promote your home rental into something inviting and show it as a secured place. Use your talent in creating homey pictures out of your home if you want to attract potential residents. You will be giving clear visuals to people on how they can enjoy your place and you just need a high resolution digital camera for this. Post the pictures on a tourism website or in your blog. Or you can hire someone to do a professional job in creating pictures showing the greatest ambiance of your home. With your pictures, you must also have a good description of your property with accurate information.

7. If you have a large home or numbers of properties you want to rent out, you can also hire rental agents or a property management firm to manage your properties. These groups can also do the promotion for you. They know what to do to make your properties very in-demand in the market. You just monitor them regularly so that you know what’s going on with your properties.

8. Buy vacation rental software if you are not sure on what to do to make your home rental vacation an ideal one. The software will give you a clear idea on how to manage a vacation house and will tell you all about stuff with regards to promotion and security.

9. Ready your database for your marketing and booking reservations. Since you are now ready to accept vacationers, you must all be ready to have an online system and an efficient database to keep everything in order with an easy access.

10. Securing your properties with regular monitoring. Sometimes it is necessary that you must hire someone to guard your premises. Visitors will also appreciate this and they can have a peace of mind knowing somebody guards them and their belongings. Burglars are everywhere and it is your reputation that is at stake once you go into home rental vacation business. Regular monitoring by guards will also prevent accidents, more damages and possible loss of lives and properties.

Now that you have some ideas on how to turn your home into a vacation rental, perhaps you can now take a closer look if you can turn your home into a business-home opportunity. You may spend considerable amount of money with the renovations and repairs but it would surely worth it once you start earning money from the vacationers.

Simple Tips on How to Choose the Right Vacation Rental Facilities

Everyone deserves a vacation to relieve stress brought by several months or years of hectic and busy schedules, both at work and at school. Vacation is beneficial to your health because it releases stress and energizes your body. Despite its significance to your health and well-being, not all individuals have enough money to finance their travel or vacation. Because of your meager funds, it is important that you plan your travels and consider all options available to avail the break that you rightfully deserve. You have to consider where you can stay, like hotels, motels, villas, condominiums and vacation rentals. Due to the popularity of hotel and motel reservations, not all travelers are aware of the existence of rentals and the amenities and services they offer.

Vacation rental is the term used by travel industry to mean leasing or renting a fully furnished apartment or a house, instead of a hotel. It becomes a popular option to tourists and travelers because of its benefits, like convenient locations, amenities, fireplaces, privacy, multiple bedrooms, fully equipped kitchens, and many more. However, it has its corresponding disadvantages as well, including lack of on-site staff, unfamiliarity with the property, quality of service, and the need to communicate directly with property owners, but these issues can be prevented by negotiating directly with travel agencies or property custodians that manage these properties.

If you have trouble finding the right vacation rental facilities, read on and follow the tips mentioned.

Before traveling anywhere, ask referrals from friends, relatives and colleagues, otherwise surf the Internet to find several vacation rentals to compare their services, fees, location, and amenities offered. You can also inquire from Vacation Rental Managers Association for their ratings, customer complaints, credentials and accreditation.

Factors to consider:

· Plan ahead before taking a trip and book a month earlier at the apartment, house or villa of your choice.
· You have to ensure that the vacation rental facility you have chosen provides cleaning equipment and implements you need, otherwise you have to buy your own small vacuum cleaner, detergent bars, insect spray or cleaning gloves.
· Check if they furnish three separate garbage cans for biodegradable objects, non biodegradable waste and toxic waste.
· Ask information about tourist destinations and vacation activities offered in the vicinity, like beaches, resorts, supermarkets, local restaurants and scenic attractions.

· Inquire about the amenities offered, including kitchen, books, DVDs, living room, bathroom swimming pool, entertainment games and appliances.
· If you plan to have a vacation with family members, know the vacation rental facility’s policy, like number of occupants allowed, pets, parking space and number of children policy, number of children permitted.
· Check for the availability of their fire and emergence exit, water sprinklers, and emergency numbers. Also know if it meets the standards set by local fire department and building inspector.
· Before signing the lease contract, know its cancellation policy and the check in and out dates.
· Ensure that the vacation rental you have selected is in ideal spot and near the attractions that you intend to visit.

Tips for Selecting the Best Vacation Rental

The most critical part of your vacation is the accommodation and there can be no two opinions about it. If you are able to identify a good vacation rental, you and your loved ones can have thoroughly enjoyable holidays. For this reason, before planning everything else for your vacation, you need to bestow maximum attention for selecting the best vacation rentals.

When actually choosing the holiday rental, you must take into consideration many factors and carefully select the vacation rental that ideally fits your needs. Please remember that your entire vacation can be seriously marred if your holiday accommodation is less than satisfactory or lacking in amenities.

First of all, you must consider the location of your holiday villas and see if it has easy access and transportation to the tourist places you will be visiting with your family members. But if you wish to spend your vacation away from the din and bustle of city, then you can opt for some peripheral areas – away from the maddening crowds – where the atmosphere will be calm and serene.

Yet another important consideration is the size of the holiday home you need and this will largely depend on the size of your family. A commodious holiday home may mean greater space to move around and your kids will also have ample play area.

The best tip for selecting the right holiday villas is obviously to search the Internet. There are websites galore related to vacation rental houses to know all about the features and other terms of vacation rentals and to compare and make an informed decision. When booking the holiday villas online, you will have multiple options such as location, the size of the home, the facilities and features, price range and any special packages.

When scouting for the best vacation rental on the Internet, you can see the visuals of the exteriors and the interiors of vacation rental homes to help you decide. You can know how well-furnished the living rooms and the bedrooms are and also if the kitchen is well-equipped. As it is often said, holiday homes are the second home because they will provide all the amenities that you have in your own home with a lot of freedom and adequate privacy.

Another common way to find the most suitable holiday villas is to consult a travel agency that specializes in holiday rentals. Make sure the vacation villas you select offers standard amenities like air conditioners, room heaters, television, entertainment systems, swimming pool etc.

Some holiday rentals may even provide you with computers having Internet connection. Vacation rentals are today a fiercely competitive business and you will not have to compromise either with regard to amenities or the price.

It is recommended that you negotiate your holiday rental with a property management company and avoid directly contacting the property owners. This will ensure that the property offered is legitimate and if need be – you can also cross verify their rating with the Better Business Bureau. You can even check further to know whether the vacation rental company is a member of any State property management associations, chamber of commerce, etc.

If you are booking a vacation rental during off-season or planning a prolonged stay, then make it a point to negotiate the price with the property management company as most of them will have special packages.

Vacation Rental Tips and Tricks

Hotels are certainly the most common type of travel accommodation, but vacation rentals are a great option if you’re hoping to save money and have a more comfy, private holiday. You can choose from condos, homes, and cabins, and most all come with professional cleaning services, a full-service kitchen, and all the electronic conveniences (cable TV, air conditioning, laundry machine) you’re accustomed to at home. To get the most out of your rental experience, follow our vacation rental tips and tricks. We’ll help you find a rental, save money, and have the best vacation possible.

First, think about what you want in a rental. Are you more concerned about the property’s location or ammenities? Do you plan to do a lot of cooking at your rental? Are you hoping for laundry machines? Figure out what you want first because all rentals have their pros and cons. Once you’ve sorted out your priorities, do a little homework and research rental properties located in areas you like. Scour online reviews and be sure to check out each property’s details, management, and ammenities. If you want to save even more money, try booking during the off-season.

Once you’ve decided on a property and date, contact the owners or management company and be sure to get a good look at the contract. Some properties ask you to pay for items like utility bills, cable, phone service, internet, propane/gas, and cleaning services. If you don’t get a good look at these details beforehand, you might be confronted with unexpected costs later on. For example, some vacation rentals ask that you clean the house after you leave. If you don’t, they will charge you an extra fee for housekeeping. Book the rental only after you’ve read and understood all its details.

Now that you’ve found and booked your vacation rental, save money wherever you can by taking advantage of the rental’s features. If your rental comes with a kitchen, cook meals at home. At the very least, you could try to eat breakfast and lunch at your rental home and have dinner out. If your rental offers laundry services, try to limit the amount of clothing you bring along. You could pack just a few outfits and then wash them whenever they are dirty or stinky. This will help you lighten your luggage and could even save you on airfare fees. Finally, if you’re traveling with family, you could book just one rental for the whole group or book multiple vacation rentals at once (and ask about a group discount).

Vacation rentals are perfect for families that want to feel like they’re at home when they’re on holiday. If you want the convenience of a kitchen and laundry machine while you relax at the beach for a week, use our vacation rental tips and give rental properties a try.