You’ve just purchased your beach vacation home or condo. Congratulations! What now?
It’s an exciting time – your dream has come true. Now, it’s time to set up your rental property and start generating income. Where to begin? It’s a fun process to turn your home into a vacation rental property that welcomes visitors, and even better when those visitors turn in to repeat guests.
Here’s my top ten list of the things I’ve learned from many years of renting my own vacation properties and managing others as well.
1 - Make it personal.
Don’t hesitate to leave family pictures out for guests to enjoy. This reminds them that a family owns the home that they are “borrowing” (renting) and helps ensure they take good care of your property.