So you bought a vacation property in the Indian Harbour Beach and Brevard County, Florida area. You've considered the factors, spent a lot of time and money renovating the place, and now it's time to rent it out.
But how do you get started?
Vacation rental hosting is a great way to earn some income from your investment property. It can be a lot of work, but if done right, it can also be very profitable! If you are looking for a beginner's guide to vacation rentals, this article is for you.
Research the Market
The market dictates nearly everything with a short-term rental. You need to know what the market is like before you can start making plans.
This means researching the area and seeing what people will pay when they are vacationing.
Check out local sites like Airbnb or HomeAway for Indian Harbour Beach and Brevard County properties. Look at these places and see what pricing, specials, and amenities they offer.
Set Up a Cleaning Service
You want to offer your guests a clean and comfortable vacation experience. A cleaning service can help you do that.
You can find a service on sites like Thumbtack or Care.com. These services are usually affordable and trustworthy, but you should check references before hiring one.
Make Your Space Look Inviting
You want your Indian Harbour Beach area vacation rental to stand out from the crowd. Do this by creating an inviting space that is well-decorated and welcoming.
You can find many affordable decorating items on sites like Amazon and eBay. You can also find cheap furniture at thrift stores or yard sales. Don't forget to add personal touches to your space with art and other decorations that reflect the area where it is located.
Supply the Necessities
Your guests want to feel at home, so make sure you provide them with the essentials. This includes toilet paper, towels, and linens.
You should also supply a few extra pillows, soap, shampoo, and lotion.
You can even provide toothbrushes and razors. This will allow your guests to feel relaxed during their stay with you.
Hire a Property Management Company
Running a vacation rental can be a lot of work, so consider hiring a property manager. They can help with things like scheduling guests and making sure they have everything they need.
They also handle the financial aspects of running a vacation rental and can take care of any legal issues that arise.
A property manager can even help you find new guests and market your vacation home. If you don't have time to manage the property yourself, a property management company can be a lifesaver.
These Tips Will Help You Get Started With Vacation Rental Hosting
Vacation rental hosting can be a great way to earn some extra income. Just follow these tips, and you're on your way to running a successful vacation rental business.
PMI Brevard is the #1 property management franchise in the country. We're experts in the vacation rental industry, and we can help you get started. If you're looking for help with your vacation rental business, contact us today!