How to Rent Vacation Properties by Owner


Book Description

In this all-new, updated edition, author and speaker Christine Hrib-Karpinski takes readers through all the steps necessary to purchase and rent out a vacation home. This book contains practical, hands-on advice that shows the reader how to do it without property management companies, and keep 100 percent of the profits. It offers realistic strategies to create a situation in which renters pay the mortgage, while still allowing the owner several weeks a year in that little slice of paradise.




Vacation Rentals: the Ultimate Guide


Book Description

Christina VanDergrift understands the challenges of nurturing big dreams. After starting with little other than grit, determination, and a willingness to learn and put in the work, she built a rewarding career as a real estate expert and entrepreneur, ultimately creating a path to success and wealth, one step at a time. In an easy-to-read guide, VanDergrift relies on her professional experiences, trials, and errors to share a comprehensive roadmap that will help anyone decide whether owning and operating a vacation rental is the right choice, where to start, and the exact steps to begin the process. While walking others through her experiences in the industry, she provides valuable information on how to write a business plan, price and furnish a property, choose amenities, face unexpected challenges, and decide whether to self-manage or hire a property manager. Vacation Rentals: The Ultimate Guide is a go-to reference manual that provides everything aspiring entrepreneurs need to know about how to purchase and successfully operate a vacation rental.




Short-Term Rental, Long-Term Wealth


Book Description

From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals! Airbnb, Vrbo, and other listing services have become massively popular in recent years--why not tap into the goldmine? Whether you're new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream--but only if you acquire and manage your properties correctly. Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five times more cash flow than their long-term rental counterparts. Avery Carl, CEO and Founder of the Short Term Shop, will show you how to identify, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome limitations that keep many would-be investors from ever getting started! In this book, you'll learn how to: Identify the best markets for short-term rental investing Analyze the potential income and profitability of a short-term rental property Self-manage a short-term rental right from your smartphone Build a local boots-on-the-ground team for an out-of-state investment Automate your self-management systems Use the income from short-term rentals to scale your investment portfolio




The Complete Guide to Your First Rental Property


Book Description

The book covers property selection, tenant selection, inspecting premises, marketing and advertising of property, showing the property, tenant application, credit verification, employment and income verification, reference verification, lease agreement, deposits, walkthrough with tenant, collection of rent, late notices and collecting fees, statements, owner's proceeds, tenant complaints and requests, repairs, use of contractors, compliance with state and local regulation, property inspection after tenant leaves, deposit refund, accounting and computer software, income and expense, depreciation, a special section on using computers and the Internet, landlord tenant laws for all 50 states, federal housing regulations and disclosure information, legal issues, real estate terminology, techniques, advice, real estate management tools and software. Includes over 25 forms for use in the business.




The Vacation Rental Book


Book Description

In The Vacation Rental Book: A step-by-step guide to starting your vacation rental business today, experienced vacation rental hosts, Melissa Nichols and Jake Durrett, aim to give you the tools to start your own highly profitable vacation rental business using the Airbnb platform--even (and perhaps especially) if you're starting from scratch. In the book, Melissa and Jake not only tell you exactly how to be successful, but they also share anecdotes from their own experiences as well as a window into the world of financial freedom and passive income.In this book, you'll learn all about: - Exactly how to get started in your vacation rental journey- How to buy your first vacation rental property- How to set up and renovate your rental- How to set up your listing on the Airbnb platform- How to manage your vacation rental to truly make it passive income- And so much mor




Vacation Rental Success


Book Description

Converting residential property to vacation rentals is the great secret to creating real estate wealth, and you can learn how! Short term rentals can profoundly change the math of real estate investing, and author and successful owner Joel Rasmussen will show you the way. As the President and founder of one of North American's largest vacation rental owners associations, Rasmussen has seen the best and worst practices first hand, and condenses that knowledge into a no-nonsense book "packed with advice from some of the smartest people in our industry. Joel is a seasoned guide who is ready and willing to show you the way," - Brian Sharples, CEO and co-founder of HomeAway, Inc. the world's largest online vacation rental site. Joel will help you get in on the ground floor of an industry that is growing exponentially every year. Vacation Rental Success is the definitive handbook for those who are considering short-term property rentals either as an additional source of income, or the platform to redesign your lifestyle. This first book in the Vacation Rental Success series shows you everything you need to know to go 'From Start to Profit'.




Life As a Vacation


Book Description

What are your investments doing for you right now? Is your portfolio creating priceless family memories? Is it bringing together your best friends around a blazing campfire in the mountains...or taking them to the main gate of your favorite theme park in every season?Are your investments inspiring the people you hold dear while setting you free? Until now, the answer was probably no.That all changes here.During his time as the Director of Sales for Four Seasons Resort Costa Rica in 2003, international real estate and vacation rental property expert Craig Shawn Williamson met an unassuming American couple in their mid-50s. They invited him to dinner and told their story: In the late 1990s, the husband had been working as a plumber and the wife was a bookkeeper at their church. They had noticed a lack of hotel rooms in their town for tourists, so they began renting out the spare room in their home. Encouraged by that positive experience, they purchased a small two-bedroom house nearby and began renting it for days or single weeks at a time. This home, which would have rented for $350 per month in their small town, began generating an income of over $4,000 per month.Five years later, these two owned 25 homes in seven different major tourism areas around the world. They stayed in them, rented them, and enjoyed their lives--more or less always on vacation. This wonderful couple had come to the paradise of Costa Rica because they were buying a $2 million home with a 180-degree view of the Pacific Ocean at the Four Seasons to use themselves. And, of course, to place in their "rental pool" for income. What a concept: a life of vacations. A life of beaches, a life of golf courses, a life of ski villas and lake cabins. A life of family gatherings and new experiences. A life of adventure, a life of service and of new connections around the globe.From that day in 2003 to today, Williamson has been fortunate enough to participate in and observe this couple's approach to investing and vacationing grow into a massive industry. Today, Williamson is partnering with an array of industry experts and resources to bring two decades of knowledge, tactics, and VRP experiences to you--in one life-changing book. LIFE AS A VACATION: The Ultimate Buyer's Guide to Vacation Rental Property provides a solid foundation of knowledge to investors looking to create a truly spectacular lifestyle:●Defining VRP: What is VRP (Vacation Rental Property)? Where is VRP? Why invest in it?●The Business of VRP: Your VRP Business Plan, Industry/Market Analysis, Customer Analysis, Your Operational Plan, Marketing●Your Business Entity: Sole Proprietorship? LLC? S Corp?●Your Product, Your Home: Architecture, Design, Construction●Location: Where to invest to enjoy the highest ROI●VRP Positioning: Stand Alone Vacation Home Rentals? Resorts with VRP? Branded VRP Resort Developments?●Purchasing Your VRP: How to Build Your Team, Existing or New Construction, VRP Financial ProjectionsFor those who embark on a Vacation Rental Property investment without doing their homework, problems can and do arise. Some simply get in over their heads financially. Some choose a poor VRP location or suffer from low occupancy rates because they don't know how to market their investment. VRP is more than the marketing and cleaning of a vacation home. There is a massive array of variables in this business. There are many more considerations, and many more disciplines you need to master than you may realize if you are to treat VRP as it should be treated: as a business. YOUR business. Author Craig Shawn Williamson has been fortunate enough to participate and observe this concept grow into a massive industry. He has consulted and worked with the best in the business, and he has met thousands of couples and families who have transformed their lives. This book is a roadmap for you to get started.




Vacation Rentals: the Ultimate Guide: My Wealth-Creating Secrets with Little to No Money Down!


Book Description

Christina VanDergrift understands the challenges of nurturing big dreams. After starting with little other than grit, determination, and a willingness to learn and put in the work, she built a rewarding career as a real estate expert and entrepreneur, ultimately creating a path to success and wealth, one step at a time. In an easy-to-read guide, VanDergrift relies on her professional experiences, trials, and errors to share a comprehensive roadmap that will help anyone decide whether owning and operating a vacation rental is the right choice, where to start, and the exact steps to begin the process. While walking others through her experiences in the industry, she provides valuable information on how to write a business plan, price and furnish a property, choose amenities, face unexpected challenges, and decide whether to self-manage or hire a property manager. Vacation Rentals: The Ultimate Guide is a go-to reference manual that provides everything aspiring entrepreneurs need to know about how to purchase and successfully operate a vacation rental.







The Complete Guide to Your First Rental Property


Book Description

You are ready to take the plunge and begin investing in your first rental property. Congratulations, but now what do you do? This completely revised edition will guide you step-by-step toward the financial success you desire, covering all the essential topics — property selection, tenant selection, marketing and advertising, credit verification, reference verification, lease agreements, deposits, rent, late notices, essential regulations in all 50 states, and more. This new edition features brand-new stories from real estate investors and landlords, helping you to learn from their mistakes while also leading you in the right direction. Investing in rental properties is one of the smartest investments you can make, allowing you to build equity, generate a steady return on your investment, and enhance your cash flow. For many people, rental property investing is an ideal part-time business, because your assets appreciate and your cash flow rises even when you are absent. This comprehensive book contains excellent sections on the many uses of the internet to run your business, noting the numerous websites that are available to you, often at little cost, to identify sound properties, lock in the best possible mortgage, market your properties, and manage your business online. In addition, this invaluable guide contains more than 25 forms that you will undoubtedly need to get your business up and running, including sample leases, rental contracts, application forms, and more.