Jun 4, 2012 11:51 AM
non vacation location
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I am considering joining VRBO to rent my primary residence on a weekly "vacation" basis. My home is in an upscale, convienent area in NC, but would not be considered a vacation destination. There is a nice golf course within walking distance, and they host a few huge tournaments each year. I am thinking perhaps people in town for golf or other reasons may want to rent my home rather than stay in a hotel. I would appreciate any comments or suggestions regarding renting in a non-vacation location. Thanks
Hi neighbor!
Have you considered how much time and effort it will take to make the place ready for renters? You wouldn't want to leave out your best kitchen knives or your china. You'd have to clean your closets out, put away all your personal toiletries. I can't imagine "vacating" my primary residence and prepping it for renters. Heck, we don't like to rent our VR in the off season because there just isn't enough money in it to go to all the trouble of "moving out" after we've spent weeks and weeks there in the winter.
Linda
Linda,
Thank you so much for taking the time to offer your suggestions!!
Wendy
Linda hit the nail on the head!! Unless you live a Spartan life, it really won't work to rent out your primary residence occasionally.
Also, in a non -vacation destination area, the local ordinances may treat your vacation rental in the same way they treat long term rentals -- you need to do your homework to figure out if it's legal and possible to rent your home out without major hassles. Does your upscale neighborhood have covenants restricting rentals?
Check out Homeaway and VRBO to see if there are any other homes on the rental market in your area. If so, what do their availability calendars say and does it look like you could compete with them?
I am going to make the same point as Carol....you need to research your local "market area" to see what people who live and rent there are doing. Because, we can not generalize to give you a better answer with knowing nothing more than what you've offered as information. In any event, research will give you all the answers you need.
Search online on the "rental" sites. As Carol suggested, start with HomeAway and VRBO. Search on your location...and then read all the advertisements to know what they feature in terms of your location, activities nearby, other nearby towns, their house rental rates, etc... to see what/how they are promoting visitation to your area....and do check their availability calendars...and read the "travelers' reviews' on their advertisinig pages. Also, check TripAdvisor.com...for your area...but also look at the TripAdvisor "forums"...there could be one for your area...and that's where you'll find locals answering questions {like here} from travelers to your area. You haven't mentioned where in NC, so I can't say if there is a TA forum for it. You find "forums" on the TA homepage {look at the left-hand side of the page...towards the top.}
I also agree with Irbaldwin/Linda. First, rental guests generally expect a home to be void of the *personal* contents of the owners - in the bedroom closets, bathrooms and inside the refrigerator and food storage closets....and everything spotless...as if no one has been living there before they arrived! You can offer them a "stocked pantry"...but as long as it's fresh and doesn't look as if you're offering yous or anyone else's leftovers.
So, you'd have to clear it out, completely, before someone "checks in". Do a deep clean each time before a guest arrives to check in...if guests see grime anywhere they usually remember it, e.g, when they write a review...and that will affect your future bookings. And, you would really have to be careful not to leave anything in the home that you will be sorry about if/when it gets damaged {guests break...stain...completely ruin things}....or it goes "missing" {that's been known to happen}. So, don't leave your really nice wine glasses...dinnerware....silverware...a silk/persion carpet....your best towels...valuable books, art, .jewelry....etc., which means, again, you'd need to do "inventory switches" each time -- have a stock of "guest inventory".
What to do with your stuff? If you have a spare room that you can *lock*...you could always move all your personal and cherished things into it. This moving "in and out" gets "old" and tiresome after a few times...which is why a rental needs to be stocked and equipped with items that are not "really your personal" ones.
Great ideas - thank you so much for your thoughtful response!!
Wendy
Thank you, I appreciate you taking the time to give me some input!
Wendy
Hi Wendy:
My suggestion: It all depends!
I cannot answer your question, but I hope I left you with enough questions that you and your husband have to discuss before you make your decision.
We converted our vacation beach home into rental because we are no longer using it every weekend but every three months, so it took us a month to clean it up and convert it to a neutral environment.
Best,
Gabriel
Gabriel,
Thanks so much for your thoughtful response! I have decided to try it and see how it goes. I don't have a lot of "stuff", and I'm going to create a locked area in the house for anything of value. I figure I only need to rent it 6 times a year to reach my minimum financial goal.
Thanks,
Wendy
Wendy:
Make sure your closet where you lock personal things has a deadbolt. A simple door lock won't do it, you may have some guests who can open them with a credit card or a screwdriver and you will never know if anything has been taken.
A broken deadbolt is very obvious.
Best of luck,
Gabriel
www.Pochomilbeach.com
Agree with Gabriel - there was a thread a while ago and everyone agreed the worst lock for an owner's closet or off-limits area was a padlock as it just seemed to entice renters to know what was inside! Deadbolts are cheap and you will have a dedicated key for it.
Just to re-inforce choosing a deadlock over padlocks - most insurance companies will not accept padlocks as reliable, and won't insure or cover any loss if you use them. It's definitely worth the expense to call a locksmith.
Hi, again, centralnc,
It's good to learn that you are going to "give it a go". There is an abundance of good information in other threads on this Community Forum. One in particular to visit and read is on the topic of "screening" {just type in that word at the top of this page in the field for "Search For Answers". All previous discussions will appear. When we all start out renting our homes, we have all discovered along the way how to set our personal/business criteria for which people "get the keys"...and who we "run the other way from". Screening is key! Generally, and I do mean the overwhelming majority of my guests over the course of years, have been super people...I could not have asked for better. I really enjoy helping make people's dream vacations become their reality. I hope you have fun with it, too. Wishing you wonderful guest experiences
Stick with this Community Forum. I think this is a "class act" with all the owners here who are "top of the line" with all their various owner/rental business experiences.
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