12 Replies Latest reply: Jun 13, 2012 12:53 PM by manouche RSS

    non vacation location

    New Member

      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

        • Re: non vacation location
          lrbaldwin Active Contributor

          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

          Chatterbox Too in Duck, NC

          • Re: non vacation location
            carol Premier Contributor

            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?

              • Re: non vacation location
                anja Senior Contributor

                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.

                • Re: non vacation location
                  New Member

                  Thank you, I appreciate you taking the time to give me some input!

                   

                  Wendy 

                • Re: non vacation location
                  gabriel Active Contributor

                  Hi Wendy:

                   

                  My suggestion: It all depends!

                   

                  • Depends on what you plan to do with the house in the next few years, are you going to use it as a vacation place for you, renters, and family members therefore you will clean everything and leave only standard items?


                  • Depends on whether you want to keep grandma's china, your daughter's wedding pictures on the wall and your husband high school marching band trophies in the living room? Or you have a closet you can lock them in?

                   

                  • Depends if you only want to move out on peak golf weeks because you can make $10,000 per week and move back in  the following week, and the fee will pay for professional movers to take things out and put them back in after the vacation renters leave.

                   

                  • Depends if you decide to switch to full vacation mode, where even you will feel like a guest in your home, with no visible signs of previous life, no pictures of kids, and buy new spices and ketchup everytime you go there, just like a vacation renter.

                   

                  • Depends on the rate you are able to charge and if it pays for all the hassle.


                  • Depends on local zoning and regulations that allow the short term rentals.

                   

                  • Depends on your lifestyle, do you have an empty nest and the five bedrooms is too much for you and your husband? You have extra time and would like to take on this part time job (that will be full time from time to time).

                   

                  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

                  http://www.pochomilbeach.com

                    • Re: non vacation location
                      New Member

                      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

                       

                       

                       

                        • Re: non vacation location
                          gabriel Active Contributor

                          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


                            • Re: non vacation location
                              stjvilla Active Contributor

                              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.

                                • Re: non vacation location
                                  Contributor

                                  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.

                              • Re: non vacation location
                                anja Senior Contributor

                                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.