The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through and make a purchase.
Let’s say that your vacation home is in Orlando, Florida and that you want to rent it out to people during those months of the year when you won’t be using it.
Orlando is a very popular vacation destination, as we don’t need to tell you! So how can you ensure that people looking for the best home vacation rental will choose your property over all the competition?
First, do not despair about finding steady renters for your vacation home. Since Orlando is such a popular destination, there will always be someone needing a place to stay! But you want someone to choose your property first, not as a last resort!
You also want them to pay you a reasonable rent so that you can make a profit out of your property — and this is possible if you add some features to your home that your competitors don’t offer. (Remember, you are competing against other people renting out their vacation homes, as well as hotels and motels!)
Download Your FREE copy of ‘How to Rent Your House!
Renting your house is a great way to enter the world of real estate investing, but most first-timers (understandably) have a lot of questions. Fortunately, the experts at BiggerPockets have put together a complimentary guide on ‘How to Rent Your House’. All the skills, tools, and confidence you need to successfully rent your house are just a mouse-click away.
“Curb appeal” is a term real estate agents use when talking about homes that people are trying to sell. But the same principle holds true when you are trying to encourage potential guests to rent your property by sharing dozens of attractive photos on the various vacation rental marketplace websites such as FlipKey, Homeaway (click here to list your place for free on HomeAway—only pay when you get a booking) or VRBO. It is even more imperative if you create videos of your property for your YouTube marketing channel and for your website (which you should have in addition to your listings on the marketplace websites).
If your home has bright paint or clean siding, there’s no real need to improve, but if the paint has faded and is peeling, consider having the whole house repainted in a cheerful color.
People in search of a new home might not be persuaded by an extensive flower garden — they might just like a lawn — but your renters will quite likely find it very attractive. Boast of it as a romantic setting for an evening’s outdoor dinner in your description of the home, for example.
Have a lawn service take care of weeding, mowing, and watering. If your exterior property is arranged so that there’s no mowing needed (you’ve had an extensive rock garden installed, for example), make sure that your automatic sprinklers come on for the flowers.
If you’ve got a pool — either in-ground or above-ground — in your backyard, this could be a definite plus. Just make sure that there are plenty of safety devices available and large signs encouraging parents to keep an eye on their young children. And if you have a pool, you must have your handyperson maintain it properly.
A private pool is a definite attraction for people coming to nice, sunny, hot Orlando. But the safety of your guests should always be paramount. Make sure your guests sign a waiver, too.
Amenities: Bikes and Kites
Other items you can provide for your guests at no additional charge (except for a deposit) may be bicycles or even kites! There are many kinds of sports equipment that will enhance your guests’ stay at your property. If you’re going to go with bikes, make sure your guests sign a waiver absolving you of any responsibility should they be harmed while riding the bike — and have a lawyer look at the paperwork to make sure it’s ironclad with unambiguous wording!
Home Security System
If you don’t already have a home security system for your vacation home, consider having one installed. Not only will this system help to keep your home safe, but your guests will feel more secure — even if the home is located in the poshest of locations!
Interview security system providers to ensure you get the best deal for the best company. As with all things, don’t sacrifice quality due to price. If you can get a security system and a fire alarm system hooked together, you may save money on the package. The security system needs to be easy to use so that your guests won’t have a problem entering and leaving the home.
For added security, make sure the home is well lit. Line every path with solar-powered stake lights and install motion sensor lights by the front door, side door, back door, and garage. Home and garden stores sell these solar-powered stake lights that come in a variety of designs and heights.
There are other upgrades to your vacation home you can make that you can boast about in your descriptive text, which will also save you money in the long run.
For example, how many guests think they’ve turned the water off in the sink, but being distracted, forget and leave it on all night? That’s a lot of water going down the drain — and a lot of money added on to your water bill. By installing motion-activated faucets, your guests can use just the amount of water they need, and the water will automatically turn off after a few seconds.
It’s possible today to convert your home into a “smart home.” A “smart thermostat,” for example, allows you to digitally set the temperature in your home, so the heating or air conditioning comes on at a certain time and turns off at a specific time.
There are so many things that someone can do these days with a remote control, just sitting in a chair — assuming you purchase the upgrades. You can raise and lower shades, turn gas fireplaces on and off, and switch on and off lights, all with the touch of a button.
Be sure to list all these amenities in the description of your property!
Something that everyone expects, if you’ve got a garage, is an automatic garage door opener. But you may as well mention that in your text as well.
Depending on where you home is located, you will want to have wireless internet available. Obviously, if you have a cabin in the woods that people go to for solitude, you may not be able to have wifi, but for any other location, it really is a must.
Any other upgrades you’d add to this list? As the guest of vacation properties, what amenities have you enjoyed most?
Leave your input below!