Archives For planning

"Travel bag" on flickr, by Monterey Public Library (CC BY 2.0)There’s no question that online marketing matters when promoting your vacation rental; Google’s report, “The Traveler’s Road to Decision,” found that the vast majority of business and leisure travelers plan their trips online using search engines, websites, online agencies and other channels to get information and make reservations.

However, it seems that many travelers still prefer a good printed guidebook.

According to the “World Travel Market 2013 Industry Report,” more than half of UK travelers (59%) referenced a printed guidebook during their travels this summer.

Personal recommendations and other online resources still rank high. However, in the middle of the move to digital, it’s a good reminder not to forget the folks who prefer paper. Continue Reading…

"Slow Time in Wrist Watch on Dry Leaf" by epSos.de on flickr (CC BY 2.0)When renters are constantly coming and going, it’s easy to push non-urgent administrative tasks to the side for “later”.

If your vacation rental slows down between Labor Day and ski season, “later” is here! The shoulder season is the perfect time to catch up and start laying groundwork for next quarter.

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Budget imageVacation rentals have standard costs, which vary depending on your property:

  • Property-related expenses, like mortgage payments, insurance, taxes, or condo fees
  • Utility costs, like electricity, phone, cable, Internet and water
  • Ongoing maintenance, like cleaning services or a property manager.

Once you have your more set costs sorted, how do you budget for the rest? A lot of owners don’t have a strict budget for their vacation rental, but we connected with three owners to find out what they prioritized — and how — as they got their rental business up and running.

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