Do you have an extra home you want to rent out? Do you want to turn one of your rental properties into a short-term vacation rental? How do you get started?
Renting your home to travelers is a great way to make extra money and provide a valuable experience. Read on to learn some tips and tricks.
Provide a Guidebook
If your guests are booking a vacation rental, they're likely tourists. A guidebook can ensure they have a good time and go to all the right spots during their vacation.
Make sure to include things like attractions and restaurants unique to the area. If your property is family-friendly, include things that will be fun for people of all ages.
You should also provide information for nearby grocery stores and gas stations. Do not assume guests have access to these features with smartphones.
Flexibility is Key
Although you should have standard check-in and check-out times, it's important to be flexible with your guests. For instance, their travel plans may not always align with the set times.
If they have an early flight, try to have the vacation rental ready earlier. This way, they can immediately check in to rest and relax after traveling.
You are also likely to get better reviews if you're flexible and accommodate the needs of your guests. This will allow you to raise your prices and make even more vacation rental income.
Hire a Good Cleaning Service
The last thing you need is for guests to criticize the cleanliness of your vacation rental. Therefore, it is essential to hire a cleaning service that will keep it spotless.
Look at online reviews and see which companies have the highest ratings. You can also narrow your search to short-term property cleaning companies. These cleaners are trained to complete a full clean in a short amount of time.
Make a cleaning checklist for the maid to follow and specify important points, such as restocking toiletries and other amenities.
If you work with a property management company, they can coordinate cleaning for you and you won't have to worry about a thing.
Price Seasonally
It may seem like a good strategy to charge as much as you can, but that might hurt you in the long run. Guests who want to visit Florida during the off-season look for cheaper rates than the peak tourist times.
The more vacancies you fill, the more money you will make. Even if you have to reduce your rates during the off-season, it is better than making no money at all.
Renting Your Home to Travelers: Key Tips
Are you ready to start renting your home to travelers? Using this guide, you can provide a wonderful guest experience and start making money from your vacation rental.
If you're looking for an experienced partner to guide you through the process, PMI Hillsborough is the perfect choice.
Our extensive property management experience in the Brandon, FL area will help your vacation rental thrive. Contact us today for a free consultation.
