We are so fortunate to live in a place where most people only get to vacation. Even more fortunate are those among us who have the means to capitalize on the immense tourism draw of our region with a rental property. Have you considered buying a home to convert to an income-generating property? Our friend Justin Ash, President of Sea Coast Rentals, dropped by to talk with us about what summertime vacationers are looking for in a rental home.
What is the number-one thing summertime vacationers are looking for in a rental property?
That’s easy, the BEACH! Of course, there are other items that can help, but proximity to the beach (or beach access) is the number one consideration for most all vacationers.
What is the main amenity vacationers ask for?
Next in line after proximity to the beach is availability of a pool.
How about the set up of the home, what are renters looking for there?
We often hear “how well accommodated is the kitchen?” People want to come on vacation, but they also want the creature comforts of home, like coffee maker, blender or ironing board.
What can a property owner do to set their rental apart and increase their occupancy rate?
An important item we discuss with all of our new owners is their willingness to make their property pet friendly or not. Many statistics out there verify that if you are a pet friendly property, your occupancy rate increases significantly.
If you are interested in purchasing a property that will generate income for you for years to come, or if you have any questions about buying a home, call us at 910-202-2830 or contact any of our Coldwell Banker Sea Coast Advantage Agents. Questions about renting a home? Call Sea Coast Rentals at 910-202-3673!