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Author: Julie Davies
Publisher: iUniverse
ISBN: 1532052812
Category : Business & Economics
Languages : en
Pages : 396
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Book Description
Renting a room or an entire home to guests for short stays can be profitable, or it can create loss and liability. Understanding and applying proven strategies can benefit you and your guests. This book presents best practices for vacation home / short-term rental management, including an overview of this industry, regulations, accounting, marketing, reservations, guest and neighbor relations, maintenance, housekeeping, design, decor, security, technology, opportunities, challenges, and more! This is a valuable resource for all hosts, as well as the approved textbook for college courses, industry seminars, and the STR certification course. Whether youve been renting your home for years or are new to this emerging industry, there is much within these pages to help you become a better STR host. If you think you cant learn any more about the short-term rental business, think again. You can! This book runs the gamut of advising you how to operate a short-term rental with professionalism and class! This is a must for anyone in the hospitality industry; I highly recommend this small investment to better your business (Mike Jensen, longtime vacation rental host and travel broker, Fine Travel Experiences). The vacation rental class and the valuable information in this book exceeded my expectations! Learning guidelines and standards are essential to professionalizing this emerging industry (Paula Caballero, realtor, property manager, and international STR host). Often the most complicated of issues unravel unless a new course is achieved through education and open communication. Once everyone is educated on an issue and is willing to discuss it rationally, a compromise can be found (Mayor Carolyn G. Goodman, city of Las Vegas).
Author: Julie Davies
Publisher: iUniverse
ISBN: 1532052812
Category : Business & Economics
Languages : en
Pages : 396
Get Book
Book Description
Renting a room or an entire home to guests for short stays can be profitable, or it can create loss and liability. Understanding and applying proven strategies can benefit you and your guests. This book presents best practices for vacation home / short-term rental management, including an overview of this industry, regulations, accounting, marketing, reservations, guest and neighbor relations, maintenance, housekeeping, design, decor, security, technology, opportunities, challenges, and more! This is a valuable resource for all hosts, as well as the approved textbook for college courses, industry seminars, and the STR certification course. Whether youve been renting your home for years or are new to this emerging industry, there is much within these pages to help you become a better STR host. If you think you cant learn any more about the short-term rental business, think again. You can! This book runs the gamut of advising you how to operate a short-term rental with professionalism and class! This is a must for anyone in the hospitality industry; I highly recommend this small investment to better your business (Mike Jensen, longtime vacation rental host and travel broker, Fine Travel Experiences). The vacation rental class and the valuable information in this book exceeded my expectations! Learning guidelines and standards are essential to professionalizing this emerging industry (Paula Caballero, realtor, property manager, and international STR host). Often the most complicated of issues unravel unless a new course is achieved through education and open communication. Once everyone is educated on an issue and is willing to discuss it rationally, a compromise can be found (Mayor Carolyn G. Goodman, city of Las Vegas).
Author: Christina VanDergrift
Publisher: Balboa Press
ISBN: 1982262117
Category : Self-Help
Languages : en
Pages : 143
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Book Description
Christina VanDergrift understands the challenges of nurturing big dreams. After starting with little other than grit, determination, and a willingness to learn and put in the work, she built a rewarding career as a real estate expert and entrepreneur, ultimately creating a path to success and wealth, one step at a time. In an easy-to-read guide, VanDergrift relies on her professional experiences, trials, and errors to share a comprehensive roadmap that will help anyone decide whether owning and operating a vacation rental is the right choice, where to start, and the exact steps to begin the process. While walking others through her experiences in the industry, she provides valuable information on how to write a business plan, price and furnish a property, choose amenities, face unexpected challenges, and decide whether to self-manage or hire a property manager. Vacation Rentals: The Ultimate Guide is a go-to reference manual that provides everything aspiring entrepreneurs need to know about how to purchase and successfully operate a vacation rental.
Author: Christine Hrib Karpinski
Publisher:
ISBN: 9780974824994
Category : Real estate development
Languages : en
Pages : 0
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Book Description
In this all-new, updated edition, author and speaker Christine Hrib-Karpinski takes readers through all the steps necessary to purchase and rent out a vacation home. This book contains practical, hands-on advice that shows the reader how to do it without property management companies, and keep 100 percent of the profits. It offers realistic strategies to create a situation in which renters pay the mortgage, while still allowing the owner several weeks a year in that little slice of paradise.
Author: Avery Carl
Publisher: Biggerpockets Publishing, LLC
ISBN: 9781947200449
Category : Business & Economics
Languages : en
Pages :
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Book Description
From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals! Airbnb, Vrbo, and other listing services have become massively popular in recent years--why not tap into the goldmine? Whether you're new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream--but only if you acquire and manage your properties correctly. Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five times more cash flow than their long-term rental counterparts. Avery Carl, CEO and Founder of the Short Term Shop, will show you how to identify, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome limitations that keep many would-be investors from ever getting started! In this book, you'll learn how to: Identify the best markets for short-term rental investing Analyze the potential income and profitability of a short-term rental property Self-manage a short-term rental right from your smartphone Build a local boots-on-the-ground team for an out-of-state investment Automate your self-management systems Use the income from short-term rentals to scale your investment portfolio
Author: Jake Durrett
Publisher:
ISBN: 9781695707870
Category :
Languages : en
Pages : 122
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Book Description
In The Vacation Rental Book: A step-by-step guide to starting your vacation rental business today, experienced vacation rental hosts, Melissa Nichols and Jake Durrett, aim to give you the tools to start your own highly profitable vacation rental business using the Airbnb platform--even (and perhaps especially) if you're starting from scratch. In the book, Melissa and Jake not only tell you exactly how to be successful, but they also share anecdotes from their own experiences as well as a window into the world of financial freedom and passive income.In this book, you'll learn all about: - Exactly how to get started in your vacation rental journey- How to buy your first vacation rental property- How to set up and renovate your rental- How to set up your listing on the Airbnb platform- How to manage your vacation rental to truly make it passive income- And so much mor
Author: Teri B. Clark
Publisher: Atlantic Publishing Company
ISBN: 1620230755
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
You are ready to take the plunge and begin investing in your first rental property. Congratulations, but now what do you do? This completely revised edition will guide you step-by-step toward the financial success you desire, covering all the essential topics — property selection, tenant selection, marketing and advertising, credit verification, reference verification, lease agreements, deposits, rent, late notices, essential regulations in all 50 states, and more. This new edition features brand-new stories from real estate investors and landlords, helping you to learn from their mistakes while also leading you in the right direction. Investing in rental properties is one of the smartest investments you can make, allowing you to build equity, generate a steady return on your investment, and enhance your cash flow. For many people, rental property investing is an ideal part-time business, because your assets appreciate and your cash flow rises even when you are absent. This comprehensive book contains excellent sections on the many uses of the internet to run your business, noting the numerous websites that are available to you, often at little cost, to identify sound properties, lock in the best possible mortgage, market your properties, and manage your business online. In addition, this invaluable guide contains more than 25 forms that you will undoubtedly need to get your business up and running, including sample leases, rental contracts, application forms, and more.
Author: MR Joel Rasmussen
Publisher: Mango Media
ISBN: 9780976647928
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
Converting residential property to vacation rentals is the great secret to creating real estate wealth, and you can learn how! Short term rentals can profoundly change the math of real estate investing, and author and successful owner Joel Rasmussen will show you the way. As the President and founder of one of North American's largest vacation rental owners associations, Rasmussen has seen the best and worst practices first hand, and condenses that knowledge into a no-nonsense book "packed with advice from some of the smartest people in our industry. Joel is a seasoned guide who is ready and willing to show you the way," - Brian Sharples, CEO and co-founder of HomeAway, Inc. the world's largest online vacation rental site. Joel will help you get in on the ground floor of an industry that is growing exponentially every year. Vacation Rental Success is the definitive handbook for those who are considering short-term property rentals either as an additional source of income, or the platform to redesign your lifestyle. This first book in the Vacation Rental Success series shows you everything you need to know to go 'From Start to Profit'.
Author: Chelsey Brown
Publisher: Skyhorse
ISBN: 1510758135
Category : House & Home
Languages : en
Pages : 178
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Book Description
The Must-Have Guide for Renters and Small-Space Dwellers Rental Style, which doubles as a decor piece and handy design guide, shows readers how to decorate and organize small, rented spaces on a budget. The book will cover all home development stages from searching for a rental home to decorating and organizing it. Many people are reluctant to design their spaces due to renter restrictions, which leaves homes bland and boring. Rental Style will erase that unease and demonstrate how you can turn a rented space into a home using temporary, creative tricks that won’t drive landlords crazy. Rental Style will demonstrate how to “renovate” a rental through clever design and budget-friendly tips and hacks on the following topics: Beating the stress of finding a home Items to switch out when moving into a rental Furniture to invest in when living in a small home Decorating to maximize small spaces Myths many renters believe Removable products meant for renters Incorporating more seating into your smaller home Combating limited storage Ways to “renovate” a rental kitchen Hosting in a very small home And more! The budget and time-friendly tools, tips, and advice in this book will give readers the ability to stand out among the rest and revamp their rental spaces!
Author: Christine Hrib Karpinski
Publisher:
ISBN: 9780974824970
Category : Real estate development
Languages : en
Pages : 384
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Book Description
Author and speaker Christine Hrib Karpinski takes readers through all the steps necessary to purchase and rent out a vacation home. This book contains practical, hands-on advice that shows the reader how to do it without property management companies so you can keep 100% of the income. Not only will you have realistic strategies for your renters to pay your mortgage -- you will also enjoy several weeks a year in that little slice of paradise with your friends and family. Discover the secrets of successful vacation home owners: Choosing the best property for you; Different financing options available; Organizing all rentals, paperwork, money and maintenance; Advertising for quick results; Identifying and avoiding "bad apple" renters; Maintaining your property from a distance; And much more!
Author: Craig Shawn Williamson
Publisher:
ISBN: 9781686143175
Category :
Languages : en
Pages : 300
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Book Description
What are your investments doing for you right now? Is your portfolio creating priceless family memories? Is it bringing together your best friends around a blazing campfire in the mountains...or taking them to the main gate of your favorite theme park in every season?Are your investments inspiring the people you hold dear while setting you free? Until now, the answer was probably no.That all changes here.During his time as the Director of Sales for Four Seasons Resort Costa Rica in 2003, international real estate and vacation rental property expert Craig Shawn Williamson met an unassuming American couple in their mid-50s. They invited him to dinner and told their story: In the late 1990s, the husband had been working as a plumber and the wife was a bookkeeper at their church. They had noticed a lack of hotel rooms in their town for tourists, so they began renting out the spare room in their home. Encouraged by that positive experience, they purchased a small two-bedroom house nearby and began renting it for days or single weeks at a time. This home, which would have rented for $350 per month in their small town, began generating an income of over $4,000 per month.Five years later, these two owned 25 homes in seven different major tourism areas around the world. They stayed in them, rented them, and enjoyed their lives--more or less always on vacation. This wonderful couple had come to the paradise of Costa Rica because they were buying a $2 million home with a 180-degree view of the Pacific Ocean at the Four Seasons to use themselves. And, of course, to place in their "rental pool" for income. What a concept: a life of vacations. A life of beaches, a life of golf courses, a life of ski villas and lake cabins. A life of family gatherings and new experiences. A life of adventure, a life of service and of new connections around the globe.From that day in 2003 to today, Williamson has been fortunate enough to participate in and observe this couple's approach to investing and vacationing grow into a massive industry. Today, Williamson is partnering with an array of industry experts and resources to bring two decades of knowledge, tactics, and VRP experiences to you--in one life-changing book. LIFE AS A VACATION: The Ultimate Buyer's Guide to Vacation Rental Property provides a solid foundation of knowledge to investors looking to create a truly spectacular lifestyle:●Defining VRP: What is VRP (Vacation Rental Property)? Where is VRP? Why invest in it?●The Business of VRP: Your VRP Business Plan, Industry/Market Analysis, Customer Analysis, Your Operational Plan, Marketing●Your Business Entity: Sole Proprietorship? LLC? S Corp?●Your Product, Your Home: Architecture, Design, Construction●Location: Where to invest to enjoy the highest ROI●VRP Positioning: Stand Alone Vacation Home Rentals? Resorts with VRP? Branded VRP Resort Developments?●Purchasing Your VRP: How to Build Your Team, Existing or New Construction, VRP Financial ProjectionsFor those who embark on a Vacation Rental Property investment without doing their homework, problems can and do arise. Some simply get in over their heads financially. Some choose a poor VRP location or suffer from low occupancy rates because they don't know how to market their investment. VRP is more than the marketing and cleaning of a vacation home. There is a massive array of variables in this business. There are many more considerations, and many more disciplines you need to master than you may realize if you are to treat VRP as it should be treated: as a business. YOUR business. Author Craig Shawn Williamson has been fortunate enough to participate and observe this concept grow into a massive industry. He has consulted and worked with the best in the business, and he has met thousands of couples and families who have transformed their lives. This book is a roadmap for you to get started.
