Vacation Home: How To Turn Your House Into A Dream Rental
Photo via Pixabay by Giovanni
Vacation homes are no longer solely for the extremely wealthy; with so many options on the market these days, it’s easier than ever to find a great getaway that won’t break the bank. That’s why so many people are looking for a place to stay during spring break, summer vacation, and the holidays, which gives homeowners the chance to make some extra money by renting out their place. If you’ve ever thought about turning your home into a rental, there’s no time like the present. The key is to figure out how to do it without spending a ton of money so you’ll get the most return on your investment.
Fortunately, there are several ways you can get started. If your home is less than 10 years old or has been well-maintained, you might only need to take care of some small repairs and update a few things. You can also clean and declutter, which will make a big impact and will help you see the potential in your home. It will also make room for more guests, which will allow you to charge more for the rental.
Here are a few things to think about when it comes to turning your home into a vacation rental.
Keep the air clean
The air in your home is an important part of keeping everyone healthy, and one of the easiest ways to keep it clean is to ensure that the air filters are in great shape. These filters will trap dust, pet hair, and other debris and can throw it all back into your home if they become full, so it’s important to change them out regularly, especially during the hottest and coldest months. With a filter subscription service, you can have new ones sent right to your doorstep as soon as you need them, and it will save you money over time.
Make some space
One of the best ways to attract guests is to offer quite a bit of space in which they can stretch out and relax. Families often travel together, meaning your home will be a huge draw if they know they can rely on having plenty of rooms and beds. If you have a spare room that’s currently full of belongings, consider putting everything into storage in order to provide additional space for your renters. If you’re looking for an inexpensive 5x5 storage unit in Columbia, CubeSmart Self Storage has rentals for as low as $29 a month.
Update the bathroom
While many vacation rentals offer hot tubs and pool tables, you don’t have to spend a ton of money on those extras if you take the time to update the things you already have. The bathrooms may need a little love, but you can spruce them up with a fresh coat of paint, a new shower curtain, and perhaps some new fixtures and lighting. Add some fluffy towels to give your guests a little taste of luxury.
Don’t forget the exterior
The outside of your home is just as important as the inside when it comes to attracting guests, so don’t forget to landscape, change out light bulbs in outdoor fixtures, and add small details like hanging flower baskets or a sweet doormat. Curb appeal isn’t just for homeowners; your renters will want to pull up to a house that welcomes them and gives an impression of comfort and relaxation.
A vacation home is a great way to earn some extra income, but you have to be prepared to keep up with the maintenance in order to keep your guests happy and to ensure that you’ll have plenty of renters in the future. Keep a checklist of tasks so you won’t fall behind; not only will this help you keep up with the maintenance, it will help save you money in the long run.
Blog by: Erin Reynolds