When looking to purchase a new home to transform into a good vacation rental, or if you are interested in turning your current home into a vacation rental, it’s important to know what makes for the best vacation rentals. The steps to renting can seem easy, but the execution may prove difficult. You need to look at a variety of different qualities, like location, size, décor, expected demographic, and much more. These variables seem pretty standard, but when you are trying to market your home, they become much more impactful than you may realize. For your next investment venture or side project, consider these tips for renting your house; these are some of the most important qualities to look for in a vacation rental.
The first thing you want to look for in a prospective vacation home rental is the location. You want to make sure that the home is in a location that will attract visitors and tourists on a frequent basis. The home’s primary function is to house guests that are looking for a short stay, so location is going to be key. You want to make sure that there are attractions nearby, something like a beach, theme park, or some other tourist destination that will ensure guests want to stay at the home year-round and come back year after year.
The home should be a reflection of the environment it is located in. If you are making a beach house, then dress the home up like a surf shack or a beach house. If you are near a theme park, have at least one room that is devoted to that theme. Guests want to be emerged in their vacation and love to see a theme throughout the home. You also want the home to feel comfortable; create a house amenities checklist to make sure you’ve stocked up on everything a family could need during their stay.
This is a tricky quality to measure, but it also goes hand in hand with the location aspect of your vacation rental. If you are located in an area that will cater more to families, something like near a theme park or popular family destination, you will want to make sure to set the vacation rental up to be family friendly. This may include a kids’ room or play area, and you should market the family-friendly nature of the home. If the vacation rental is located at a more romantic destination, market your home to couples that love seclusion and a romantic atmosphere. Cater your home to the people that will use it most frequently!
If you’re interested in turning your home into a vacation rental, feel free to call us for more information and tips for renting your house. Our experts can help turn your investment into a desirable vacation home that earns you top dollar!