Your Bandon summer home is the perfect place to kick back and relax away from the hustle and bustle of your everyday life. Why just let it sit empty and during the time when you’re at your other home? You can always make some extra money by renting it out. Some people balk at the thought of letting strangers into their summer home. And, these hot tips for renting out your Bandon summer home can help put you at ease for getting started.
The first thing that you need to consider is whether or not it’s legal for you to rent out your property. Some homeowners association’s bylaws and even city legislation can bar you from renting your summer home. You’ll also want to consider how much of the summer you’re planning on renting out your property. In addition, make sure that you set aside time to use your property over the summer months. However, if you’re looking to score a nice paycheck from renting, you may want to keep the rental open to paying guests during the height of the peak season.
Consider What to Charge
Another consideration you want to keep in mind is about how much you’re looking to get for your property a month. Look into similar rentals in your area to see how much they are charging, and go from there. Additionally, find out if you have proper insurance. Contact your insurance company to find out if your policy covers you renting out the property. You may need to take out some additional liability insurance depending on your current policy.
Making Your Home Marketable
Go over your summer home with an unbiased eye to see what is desirable when it comes to a rental. Look for what may need a bit of a makeover.
You should also consider things you can add to the property to make it more enticing to potential renters. Think of the different amenities that you enjoy when you travel. Consider investing in them for your summer property. This is an investment in the property that guests will enjoy, and you can take advantage of when you’re in residence. Some ideas here are luxury sheets, towels, gadgets, WiFi, and more. You want to make your property more inviting.
No matter how marketable you make your rental home, you’ll have a hard time renting it if your pictures aren’t perfect.
Capturing Captivating Images
There are some tips available on how to get the best pictures of your property. Good images help sell it to renters as the perfect place for their next getaway. It can often be in your best interest to pay a professional photographer to come in. A photographer can take some shots of your home to show it off to its best. This will cost you a bit up front but will be well worth it in attracting renters.
You should also consider the security of the property. This is for both you and your guests. You want a rental property that is secure with locks and other security measures that are up-to-date and in good order.
You’ll also want to think about how you can protect your privacy and security when guests are staying in your summer home. This can mean putting away family pictures, valuables, and other items that you wouldn’t want guests to find. And, a locked storage area or other secure area is a good idea. Also, this way you can keep your items in the home without allowing easy access to them.
A great thing to consider using is a professional cleaning service for between your guests. This ensures that your home will be spotless once a guest leaves, and your summer home is waiting on the next people to arrive.
Offer an Added Benefit
You may even want to consider adding this to amenities offered. Have the cleaning service come a few times during a guest’s stay based on the amount of time they will be there.
Working With Professionals
One of the best ways to rent out your summer home and eliminate your fears of renting is by working with an expert. A professional real estate agent and property manager who knows the ins and outs of Bandon rental properties can help.
So, this tip can help you with all of these other tips because you’ll have an expert on your side. They can help you to best market your property. Also, a pro can also help you to pick the most viable summer renters, handle the rental process, and more.
Beach Loop Realty is here to get you into the loop of how you can best benefit from renting your summer home out to guests. Plus, get the answers to all of your questions, and learn the steps you need to take to get started. And, you’ll be able to start enjoying the benefits that come from renting your Bandon summer home this summer.
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