vacation rental: Vacation Rentals - Part III - Home Grown Marketing - 10/16/07 06:39 AM
You've taken the plunge by purchasing this new property; now let's get it rented!
The internet is by far the most effective and cheapest form of global advertising. You'll find a myriad of web sites, such as DirectHomeRentals.com or a1vacations.com, which are available to market your rental world-wide. These sites usually provide a web page, detailed property descriptions, an online availability calendar, automatic updates, geographic indexing for easy viewer searches, and the ability to easily add photos and information.
These sites can be obtained for as low as $150/year, or free on NationalRentalProperties.com. When you're shopping around, ask if … (0 comments)

vacation rental: Vacation Rentals - Part II - The Highs & Lows of Self-Management - 10/16/07 06:39 AM
To self-manage or not to self-manage; this will be your first big decision as a property owner. Enlisting the help of a property management company can save you considerable time and worry. They deal with all aspects of renting, including greeting the guests, kicking them out (if necessary). repairs, cleaning, etc. In the event of an emergency, they can be minutes away. This service comes with a price, which is typically 10 to 20 percent of the gross rental income, sometimes higher; and that can deplete your mortgage paying cash flow. They do offer various packages where you can select to … (0 comments)

vacation rental: Vacation Rentals - Part I - Look Before You Leap! - 10/16/07 06:38 AM
Imagine taking that trip to Maui every year without having to pay for an expensive condo rental. Maybe even set aside a few extra weeks for an extended holiday and have someone else pay the rent. Purchasing a vacation rental may give you this option, or the ability to travel whenever you choose using the income from the rentals to subsidize or pay off your mortgage. Not to mention, that you are diversifying your investment portfolio by adding a new piece of real estate.
Sounds great, doesn't it? In reality, this is a big step; make certain you know all … (0 comments)

 

Michael Peterson

Vancouver, BC

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rentalproperties.ca

Office: (250) 751-1223

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