In May 2006 I bought my first holiday home south of Orlando in Florida. We decided to buy in Florida because of the proximity of the theme parks and the good weather all the year round.The reasoning was that we could use the house a few weeks a year ourselves and then rent the house out for a good proportion of the rest of the year.
When we bought the house the sales agent assured us that we would have no trouble in renting the house out and that he in fact had many clients already doing the same thing with good occupancy records.
When we had completed on the house we started to look around for rental agencies to help find us bookings and also manage the house in our absence. The first that shocked us was the fees that the rentals company wanted for managing our holiday home and if that were not enough they wanted top heavy extras for cleaning and maintenance. We decided to bite the bullet and give them a go; we waited and we waited but no rentals.
After a few months and several heated telephone calls we were told that they had secured our first rental. Great we thought until we discovered that they had booked them in the same two weeks in the summer that we were going to use the house ourselves.
In fairness to the rental company, they did eventually get a couple of rentals but the only problem was that the second rental trashed the house before leaving and their deposit in no way covered the cost of the repairs.
We then decided to take the house away from the rental company and just use it ourselves and rent it to family and friends. This partly solved the problem but we discovered that we still had a shortfall in our running costs and that we needed to bring in some reliable rentals that we could trust to match the short fall.
At first we tried to build a small website of our own and thought that we would be able to secure more bookings in this way. This was before we knew about Search Engine Optimisation, key words and web rankings! We had a great small home made site but nobody ever saw it and more importantly we go no extra bookings.
In desperation we began looking at the internet for ways of advertising our holiday home and again quickly discovered that the companies offering the service were all wanting a lot of money to advertise on their sites. That was when I took the bull horns and decided to build a proper holiday home rental site specifically for the private holiday home owner who wanted to rent his home3 out direct to the end user.
I knew that there were thousands of holiday home owners out there who were in a similar position to me and I reckoned that they would jump at the chance to advertise their holiday homes on a professionally built site free of charge. And so that it what I have done; I have built a user friendly free to advertise on holiday home rental site. That way the home owner has nothing to loose; if they get few rentals it has cost them nothing and so they will consider it a bonus. However if they get a lot of rentals they will consider it a complete success.
Holiday Home To Rent
It is currently estimated that around two million people in the UK now own a holiday home either in Britain or abroad. It is also predicted that this number will steadily grow in the coming years as increasing numbers of people decide to invest in property. This fact is wholly unsurprising; the lure of having a holiday home in sunnier climbs is hard to dispute. The better weather and laid back lifestyle is clearly attractive to many Brits today.
One of the most popular locations for a holiday home in recent times has been Portugal. The attractiveness of all year round great weather and the spectacular beaches have naturally lead many people to invest in buying a second home in this country. Not only is the better weather a draw, as flights to this country are extremely affordable and the facilities are increasingly improved, it is possible to own a home, that in real times is not even that far away. A couple of hours of travel and it is possible to be in your holiday enjoying a drink by the poolside. Understandably, many have taken advantage of this brilliant situation.
An overseas property is no longer considered purely a holiday home. Today property can be seen as a great investment, allowing the owner to create a useful little nest egg when the time for retirement comes around. Even as property prices fall, having a property abroad bought in the last ten years will undoubtedly generate a profit when it comes to selling. That is of course if you want to sell your home, large numbers of retirees are in fact selling their homes in this country and retiring abroad to enjoy the better way of life, and of course the magnificent weather.
Once you have bought a holiday home, either at home or abroad it is important to decorate and furnish it in such a way that you will be able to completely relax during your stays. This usually includes ensuring you have a good bed and sofa as well as a suitable kitchen that will allow you to cook and accommodate you and your guests comfortably. Overall your holiday home should resemble your home in this country. This is where you are comfortable so by replicating it abroad it really will be a home from home.
Decorating in this manner will not always be advisable however. Many people who own a holiday property in fact rent it to other holidaymakers. This means that your decoration should be neutral as well as comfortable. Renting can earn extra income while you are not staying in your property; remember however that the best profits for renting are made when the season is at its height. It is also advisable if considering renting out your holiday home to hire an agent who will able to organise the renting while you are not there.
If you intend to make a serious amount of profit when renting your property, you must get it out there for holidaymakers to view. The best way to do this is to utilise the internet. While creating your own site may seem the best option it is doubtful you will get much exposure. The best way is to submit your property to listing sites that have a range of properties, it may cost a little extra but the rewards will be great.
A holiday home can be seen as both a brilliant destination for travel and an investment. While you may purely want a property that will allow you to escape the rigours of life on a regular basis the benefits of renting your property out should not be ignored. Naturally this has its downsides as well, such as not being able to visit at any time; but to recoup some of the expenses it is highly advisable. As second properties become evermore popular, be sure to jump on the bandwagon and take a slice of the action.
Both Andrew Gibson & Thomas Pretty are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Andrew Gibson has sinced written about articles on various topics from Culture and Society, Golf Guide and Travel and Leisure. Andrew Gibson is MD of Direct Holiday Bookings. It is one of the fastest growing on line travel websites. To see an example of why Direct Holiday Bookings is growing so rapidly have a look at. Andrew Gibson's top article generates over 550000 views. to your Favourites.
Thomas Pretty has sinced written about articles on various topics from Formula One, Debts Loans and Interior Design. Property expert Thomas Pretty looks into the benefits of owning a either at home or abroad.. Thomas Pretty's top article generates over 1500000 views. to your Favourites.
Asbestos Related Lung Disease Most patients diagnosed with an asbestos-related condition rarely survive more than 18 months after diagnosis