How to estimate vacancy and rental rate on vacation rentals?

2 Replies

@Patrick Philip -

I would not be too concerned about square footage of vacation rentals.  The number that is most important to renters is the number of bedrooms.  I have found that renters don't read much of any listing.  They mostly look at the photos, which need to be top quality.
I would look at current rental listings in your area on Airbnb and on HomeAway/VRBO and look at their nightly rates and look at their calendars.  You will learn a lot about your rental market by doing this.  I am in Orlando, and I have found that the short term rentals that are either new or that have been renovated and that offer the best amenities (i.e. - game rooms, movie theaters, themed kids bedrooms) rent for higher nightly rates and more often.
Keith