So you purchased the vacation home of your dreams. Now it’s time to rent it in a temporary basis.
How can you make your listing stand out & maximize your income?
1. Promote it.
List them online, or use a local property manager & get the word out.
People are looking for a vacation home. Post photos that are relevant & showcase the assets of your villa: ocean views, private pool, Caribbean lifestyle, etc.
2. Offer single night rentals.
Renters are not necessarily looking for long term stays. Plus, one-night stays can help fill in holes in your booking schedule.
3. Make it available during peak season.
It may come as a bit of a personal sacrifice, but you can up your income by allowing vacationers to rent your property during coveted times.
4. Maintain it.
Keeping up on maintenance will save you in the long run.
A lack of modern amenities can’t command as high a rental rate as a similar property offering them.
5. Invest in a few strategic splurges.
Make your rental standout. Add a few perks such as paddleboards or beach activities, just like amenities offered at a hotel, these details can increase your booking frequency.
