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Summary:
If you have a 2 or 3 bedroom rental property, you can always lower your rate to snag a last-minute, 1 bedroom renter, if you want to.
However, the converse isn’t true…
You can’t take a 1 bedroom property, raise your rate, and rent it as a 2 or 3 bedroom property.
So, if your cost is nearly [Read More →]
Summary: It is sometimes difficult to get your vacation rental home noticed when there are other vacation rental homes in your market.
Anthony asked if having a “very nice” rental home is enough to guarantee a high occupancy rate.
The vacation rental market is first driven by supply and demand. If 100 guests visit [Read More →]
Summary: A record number of second homes were sold last year. Many home owners have high hopes of covering their second home costs in the short term vacation rental market, but it can be difficult to find renters.
We own three 4 bedroom vacation rental homes 2 miles southeast of Walt Disney World.
I’m occasionally [Read More →]
