The Best Advice For Renting Out Your Holiday Home To Boost Your Income
So you’ve got a holiday home that you and your family use on the odd occasion, but for most of the year, it’s sitting empty. You’ve decided that you want to use it to boost your income and make keeping it more affordable by renting it out. The only problem is, you don’t know how to go about it. Believe it or not, renting out your holiday home for holiday lets is a much easier process than you would think. It’s just a case of ensuring it has all the essentials that would be needed for an enjoyable holiday. To answer any questions that you may have about renting out your holiday home for holiday lets, this guide should help.
Get your house in tip, top shape
No one will want to spend their holidays staying in a house that’s not in top shape, so the first step is to ensure that your property looks good. Start off by checking the paintwork and flooring of each room – is it all as smart as it could be? If not, take the time to smarten up your holiday home. Ideally, stick to a neutral color scheme – white, gray, and navy tend to work well.
As well as updating the decor, it’s also a good idea to ensure that the furniture and features are smart, stylish and up to date. As part of renting out your holiday home, you need to provide clean bedding and towels. It’s best to opt for white, 100% cotton pieces as they last longer and are hypoallergenic. It’s also a good idea to offer a holiday home that has a good sized TV, cable services, and internet, as well as a phone that can be used. If you are yet to get TV or internet, check out http://cabletelevisionbundles.s9.com/time-warner-cable-internet-service-.html. You should be able to find a good deal online for cheap TV and internet.
Market the property successfully
Once your holiday home looks good and has all the essential features in place, the next step is to market it successfully. You need to set a price per night or per week for it and then you need to start advertising it. The best way to do this is to get some professional-looking photos of the house, as well as information about the local area and create a website. You could also advertise it on travel websites, at the local tourist information center, and on local Facebook groups. To learn more, check out http://rentaltonic.com/where-to-advertise-holiday-home-for-rent/.
The most important thing when it comes to marketing your property is to offer competitive prices. Make sure to research the prices other holiday lets offer, to ensure that you are able to compete with them. Of course, if your house offers more, such as having a hot tub, you can set a higher price than them. It’s just a case of working out what the property is worth per day/week.
Be organized
Last but not least, if you want to rent your property out for holiday lets, you need to be organized. This means having a calendar marked with who is staying when, having spare keys, and ensuring that there is someone on hand to help with any issues.
If you live a long distance from the property, you probably won’t be able to manage it yourself. So it may be worth looking into your options for having it managed by a professional property management company. That way, you don’t have to stress about dealing with any issues yourself. The property management team will do everything for you.
So there you have it, everything that you need to know about renting out your holiday home for holiday lets.