Vacation Rentals 101: Turn Your Second Home Into A Holiday Rental
January 27, 2012
Why leave your second home vacant when you can easily list it as a holiday rental? Let your rental income pay your second home mortgage.
When you first get your hands on a second home, it's all fun and games: those first months are the honeymoon phase of home ownership. Yet, it's only a matter of time until reality sets in and payables sky-rocket. From replacing dry wall to repairing the roof, owning a second home is expensive and managing these expenses is not always easy.
- Mortgage payments
- Property tax
- Maintenance and repairs
- Renovation and decoration
The good news: the cost of converting one's second home into a holiday rental is very minimal. There are two main costs associated with holiday rentals:
- Housekeeping or caretaker fees
- Advertising and marketing costs
Thanks to the Internet, it's possible for just about anyone to list a holiday rental and connect directly with travelers. And, not only is it possible, but essentially painless. Sorting out details such as housekeeping between guests is fairly straightforward, and if you list your property with a reputable holiday rental website, managing rental inquiries and bookings is a breeze. CanadaStays.com, for example, provides listers with a messaging system to communicate with travelers, an automatically updating availability calendar, a reservation management system, and a free merchant account for accepting payments.
Summary: Why leave your second home vacant when you can easily list it as a holiday rental? Let your rental income pay your second home mortgage.
Click here to list your property on CanadaStays.com, Canada's largest holiday rental resource.