When a landlord offers a property for lease and an individual submits an application to rent the property, the application is either…
Vacation rental services like Airbnb, VRBO, and HomeAway make it easy to rent out your home or a couple of extra bedrooms to make extra money on the side. You don’t have to be a full-time landlord to rent out your property occasionally.
Vacation rentals are among the most popular real estate investments. Not only are they fun and flexible investments, but they can also be highly profitable. The question is, are you maximizing your rental income profits?
In Houston, the short-term rental market caters to a number of different populations, but historically there’s been a significant emphasis on snowbirds – largely older individuals who live in the South during the winter months. However, as Houston continues to become more popular as a hub of industry and business, there’s also more interest in… [Read More]
Airbnb has quickly become a threat to the hotel industry, but it’s not without its flaws. Safety is the biggest concern for hosts and renters alike. Renters are concerned about physical safety while sleeping in a stranger’s spare bedroom, and hosts are worried about their belongings disappearing in the middle of the night.
Managing vacation properties can be both lucrative and tiresome. Some years are good, while others are less than stellar. And while there are plenty of strategies for attracting renters, one thing that separates successful vacation home owners from average ones is their ability to leverage the value of repeat renters year after year.
It’s the holiday season, which means visitors from all over will be looking for vacation rentals as they visit family members or go on vacations. Maybe you already have a vacation rental, or maybe you want to turn your home into one while you travel this holiday season. Either way, there are a few things… [Read More]
Furnishing a vacation rental is a delicate process. You have to consider the price, your target rental market, geographical location, kid-friendliness, your own personal taste, and more. If you try to think about it all at once, it’s simply overwhelming. However, if you take it step by step and carefully consider each issue, you can… [Read More]
The idea of owning a vacation home is a luxury that few people are able to consider. However, if you find yourself fortunate enough to do so, you need to look at both the pros and cons and how they fit into your lifestyle. From a practical and financial standpoint, does investing in a vacation… [Read More]