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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.
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.
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'.
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 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 Must-Have Guide for Renters and Small-Space Dwellers Rental Style, which doubles as a decor piece and handy design guide, shows readers how to decorate and organize small, rented spaces on a budget. The book will cover all home development stages from searching for a rental home to decorating and organizing it. Many people are reluctant to design their spaces due to renter restrictions, which leaves homes bland and boring. Rental Style will erase that unease and demonstrate how you can turn a rented space into a home using temporary, creative tricks that won’t drive landlords crazy. Rental Style will demonstrate how to “renovate” a rental through clever design and budget-friendly tips and hacks on the following topics: Beating the stress of finding a home Items to switch out when moving into a rental Furniture to invest in when living in a small home Decorating to maximize small spaces Myths many renters believe Removable products meant for renters Incorporating more seating into your smaller home Combating limited storage Ways to “renovate” a rental kitchen Hosting in a very small home And more! The budget and time-friendly tools, tips, and advice in this book will give readers the ability to stand out among the rest and revamp their rental spaces!
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
HAVE YOU INVESTED IN ONE ORE MORE VACATION RENTAL PROPERTIES, BUT ARE NOT SURE HOW TO MANAGE YOUR BUSINESS? Relax. You have just found a better way to run your business. With A QuickBooks Guide for Vacation Rentals by Owner, you will learn how to drastically improve your daily accounting and management routine, and it is a lot easier than trying to search the internet or find a consultant who may or may not have experience with vacation rentals. A QuickBooks Guide for Vacation Rentals by Owner helps you every step of the way. You will be able to quickly run reports showing how much guests owe you and how much you owe contractors and vendors. As a QuickBooks property management advisor, author, Gita Faust, takes the guesswork out of entering and maintaining your financials by providing concise, easy-to-follow guidelines. You will achieve the results you want with minimal time and effort-and much less stress! With this manual, you will learn how to: Adopt our customized QuickBooks file Get clarity on common QuickBooks myths Reconcile income and deposits to maximize profit Own and manage unlimited number of properties Record purchase and sale of the short term rentals Record and track refinancing, mortgage and escrow Manage payments, deposits, invoices, and multiple guest folios Manage cleaning, repairs, customer service tasks, and transfers Take advantage of an ideal system for tracking online bookings Track equity, worth, cash flow, and price value for multiple properties Follow step-by-step instructions to build YOUR ideal business Assess over 100 customized reports for your short term rentals Save Your Short-Term Rental Business Time and Money with These QuickBooks Best Practices. Vacation Rentals by Owners have specific needs for QuickBooks. This book offers techniques written for Landlords, CPA, Accountant, Bookkeepers, QuickBooks Consultant and your business to handle their accounting and management needs right the first time. Claim your QuickBooks file with customization to save time and money at FastTracConsulting.com/contact-us/ GITA FAUST is a landlord herself and the principal owner of Fast Trac Consulting, an accounting firm based in the Northeast region of the United States. A Certified QuickBooks ProAdvisor since 1999, Gita brings her realistic vision of accounting, years of research, and repeated client satisfaction to the system she presents in this manual. A QuickBooks Guide for Vacation Rentals by Owner is one more in her valuable series, Manage Properties with QuickBooks, written for real estate investors, property managers, and accounting professionals."
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.