Your second home is a valuable asset, one that can earn more income than you could imagine.
Here are some tips:
1. ) How to decide the best time to rent your property? If you have a popular attraction in your area, then this question is an easy one. However, for some areas, you will have to research all the activities going on in that area and advertise those attractions. Keep in mind that sometimes “off season" can be profitable as well as your busy time. Just find out if there are any special events taking place during that time period. Then, advertise those events to catch the attention of potential renters.
2. How to deal with family and friends who want to use your home. Make up a list of all the people you know including family members. Send a letter to everyone on your list, letting them know you have recently transformed your second home into a rental and it is now available for bookings. You can offer a “family and Friends" rate for them and full price for all other rentals and would appreciate any referrals. Ask them to spread the word. Let them share their memories with their friends and you will get plenty of bookings.
3. ) Decide how to handle your personal belongings. If you have a system in place, one that is organized and used consistently, you will have a better experience during the rental process. You want to have everything in place right from the beginning.
If you would like to know more about improving your income from your rental property, please go to http://www.HowToRentVacationHomes.com
Marie R. Ferguson, author of “Breaking all the Rules: How to Rent Your Vacation Home". Discover the 29 Secrets on How to Gain Unlimited Rental Profits. Breaking all the Rules. . . . will teach you How to Avoid the 10 Biggest Mistakes Owners Make when Renting out their Home. Marie is an expert landlord of vacation rentals with over twenty years of experience in the financial and real estate industry. http://www.howtorentvacationhomes.com