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| business plan for vacation rental: Young House Love Sherry Petersik, John Petersik, 2015-07-14 This New York Times bestselling book is filled with hundreds of fun, deceptively simple, budget-friendly ideas for sprucing up your home. With two home renovations under their (tool) belts and millions of hits per month on their blog YoungHouseLove.com, Sherry and John Petersik are home-improvement enthusiasts primed to pass on a slew of projects, tricks, and techniques to do-it-yourselfers of all levels. Packed with 243 tips and ideas—both classic and unexpected—and more than 400 photographs and illustrations, this is a book that readers will return to again and again for the creative projects and easy-to-follow instructions in the relatable voice the Petersiks are known for. Learn to trick out a thrift-store mirror, spice up plain old roller shades, hack your Ikea table to create three distinct looks, and so much more. |
| business plan for vacation rental: Get Paid for Your Pad Jasper Ribbers, Husefa Kapadia, 2014-08-21 Get paid for your pad is the veritable blueprint on how to transform your home into a short-stay rental boon. Renting in the short-stay market, when done correctly, crushes the return from long-term tentants. Like hundreds of thousands of people, you can boost your profits by 2 to 3 times with the most well known short-stay marketplace in the world: Airbnb. |
| business plan for vacation rental: Vacation Rental Success MR Joel Rasmussen, 2013-05-01 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'. |
| business plan for vacation rental: Start Your Own Travel Hosting Business The staff of Entrepreneur Media, Jason R. Rich, 2017-04-11 GET PAID FOR YOUR PAD An ever-growing number of travelers are searching for more convenient and low-cost accommodation alternatives, as opposed to staying at traditional hotels. As a result, online-based services like Airbnb, FlipKey, HomeAway, Roomorama, and VRBO are making it easy for you to list extra bedrooms or your entire home, condo, or apartment, as a short-term rental option for travelers. Start Your Own Travel Hosting Business will help you make intelligent renting decisions, take appropriate actions and precautions, and deal with realistic expectations while protecting yourself, your property, and your personal belongings. It will help you quickly acquire the core knowledge you need to become a successful travel host and teach you how to: • Prepare your property, maximize amenities, and create a house manual for your guests • Create a listing that generates the highest possible revenue using tips from Superhosts • Attract a constant flow of short-term renters and business travelers with the perfect nightly rate • Apply a variety of tools and resources that will make handling your responsibilities as a travel host easier and less time consuming • Interact with your guests, earn the best possible ratings and reviews, and avoid the most common pitfalls and mistakes made by first-time hosts • Calculate your expenses, understand your tax obligations, and generate the highest possible revenue You’ll also gain valuable insight from in-depth and exclusive interviews with veteran Airbnb hosts and executives within the travel hosting industry. Whether you choose to rent through Airbnb, HomeSuite, Kid & Coe, or take your rentals to sea via Yachtico, this book will help you get started. |
| business plan for vacation rental: Short-Term Rental, Long-Term Wealth Avery Carl, 2021-10-12 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 |
| business plan for vacation rental: Vacation Rentals: the Ultimate Guide Christina VanDergrift, 2021-02-01 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. |
| business plan for vacation rental: Property Management Kit For Dummies Robert S. Griswold, 2013-01-31 Discover how to be a landlord with ease Thinking about becoming a landlord? Property Management Kit For Dummies gives you proven strategies for establishing and maintaining rental properties, whether a single family or multi-resident unit. You'll find out how to prepare and promote your properties, select tenants, handle repairs, avoid costly mistakes and legal missteps—and meet your long-term goals. Now you can find out if you really have what it takes to successfully manage a rental property, and you'll learn all about the various options for hiring someone else to manage your property for you. You'll find out the right way to prepare your properties for prospective tenants, set the rent and security deposit, clean up properties between tenants, and verify rental applications. In no time at all, you can become a top-notch property manager by working efficiently with employees and contractors to keep your properties safe and secure. Manage your time and money wisely Acquire a property and prepare it for tenants Make your property stand out and attract tenants Keep good tenants and get rid of bad ones Collect and increase rent Evaluate the different types of insurance and understand income and property taxes Complete with lists of ten reasons to become a rental property owner, ten ways to rent your vacancy, and the ten biggest mistakes a landlord can make, Property Management Kit For Dummies helps you achieve your dream of being a successful residential rental property owner. CD-ROM and other supplementary materials are not included as part of the e-book file, but are available for download after purchase. |
| business plan for vacation rental: How to Rent Vacation Properties by Owner Christine Hrib Karpinski, 2007 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. |
| business plan for vacation rental: Can I Retire Yet? Darrow Kirkpatrick, 2016-05-20 You've worked hard, lived carefully, and saved diligently. You've reached major milestones and accumulated more assets than you dreamed possible, and yet you hesitate. Can I retire? This book will help answer that question by showing you.... The tools you need to live a secure and independent retirement, without worrying about money What you must know before leaving a career behind How much it will cost you to live in retirement, and how to manage your cash flow The current choices for retirement health care, including lesser-known but effective options The threat from inflation: two secrets that politicians and bankers will never admit A realistic assessment of the impact that income taxes will have on your retirement Social Security's role in your retirement: when you should claim and how much it's worth to you How to construct and manage an investment portfolio for income and growth in retirement About immediate annuities and why you need multiple sources of retirement income The key variables and unknowns in your retirement withdrawal equation Reviews of the best retirement calculators, and tips for how to use them accurately Beyond the simplistic 4% Rule to the latest research on safe withdrawal rates Realistic bracketing of your retirement savings needs, without over caution or overconfidence The history of economic cycles and the related asset classes for optimal retirement security A survey of strategies plus original research for how to orchestrate your retirement distributions A practical retirement fuel gauge alerting you to problems while you still have time to act Backup plans: the lifeboat strategies for ensuring you'll never be without essential income The 6 crucial questions to answer before you can retire The one, simple, powerful, non-financial reason that you can and should retire earlier than later |
| business plan for vacation rental: Micro Trips Lonely Planet, 2019-09-01 From Austin and Bangkok to Marrakesh and Sydney, Lonely Planet presents the best trips within three hours of 60 of the world's most popular cities. With sights, activities and hidden gems built around themes like culture, the outdoors, and cuisine, there's no end to the amazing ideas you'll find for your next urban escape or long layover, or the new experiences you'll discover to enjoy in your own backyard. The cities in this book could fill a lifetime of new experiences, but a short trip by train, bus or car opens an even greater world to explore. In Micro Trips we challenge you to look beyond the city limits for your next adventure. An hour and 40 minutes from Cape Town you can spy breaching whales from the cliff path at Hermanus; within two hours of Manhattan you can surf at Rockaway Beach; and just outside B?ij?ng you can choose between rafting a scenic gorge, visiting Jin era temples or hiking along the Great Wall. Each city is presented with a map of the surrounding area pinpointed with up to 18 of the most notable things to do within three hours' travel time. Each excursion is color-coded to denote outdoor pursuits, arts and culture, history, festivals and events, film and music, or food and drink. Special sections include Africa's best beach towns, Japan's best onsen retreats, the best food & drink tours in North America, Europe's finest off-the-beaten-track wineries, Oceania's most fascinating indigenous experiences, and the top wildlife watching destinations in Latin America. About Lonely Planet: Lonely Planet is a leading travel media company and the world's number one travel guidebook brand, providing both inspiring and trustworthy information for every kind of traveler since 1973. Over the past four decades, we've printed over 145 million guidebooks and grown a dedicated, passionate global community of travelers. You'll also find our content online, on mobile, video and in 14 languages, 12 international magazines, armchair and lifestyle books, ebooks, and more. Important Notice: The digital edition of this book may not contain all of the images found in the physical edition. |
| business plan for vacation rental: Peer to Peer Accommodation Networks Sara Dolnicar, 2017-12-01 The first book to present a new conceptual framework which offers an initial explanation for the continuing and rapid success of such 'disruptive innovators’ and their effects on the international hospitality industry. It discusses all the hot topics in this area, with a specific focus on Airbnb, in the international context. |
| business plan for vacation rental: The Business Plan Workbook Colin Barrow, Paul Barrow, Robert Brown, 2021-02-03 Lay down the foundations of a successful business venture through a thoroughly researched and competitive business plan. Based on tried and tested business methodology used at the leading business school, Cranfield School of Management, this 10th edition of The Business Plan Workbook guides you through all the necessary steps to constructing a winning business plan. This is a practical run-through of 26 key areas of development of strategic planning. It will allow you to think of these areas in isolation through the use of assignments that ensure you have stress-tested your business proposition. This guide covers how to - Come up with a winning business idea - Complete market and competitive research - Set up a winning marketing strategy - Forecast watertight financials and projections - Define realistic operations and staffing - Deliver an unforgettable pitch to potential backers and investors This new and fully updated edition includes 67 business case studies that show you how successful entrepreneurs have dealt with strategic planning in the past. The content has been streamlined to focus on the most critical parts of business planning, ensuring you spend time where it matters and stay competitive. With new information resources and financial planning consideration, this is an invaluable guide for entrepreneurs, business executives and students. |
| business plan for vacation rental: The Vacation Rental Bible David Mencel, 2020 New for 2020! Have you ever dreamed of owning a vacation property that pays for itself? In today's market, platforms like Airbnb and Vrbo have made this not only possible, but easy to execute successfully. Already own a rental property? This book can teach you how to analyze your financial performance, study your competition, and improve your guest relations to improve your profitability. You'll learn how to: - Find a suitable property - Build a budget (including downloadable Excel sample budgets) - Prepare for rental guests - Create and maintain your online listing - Manage income and cash flow Additional Topics This book also provides guides on how to earn 5-star reviews, maximize search engine optimization, deal with difficult guests, and even includes a bonus chapter on improving your real estate photography. Whether you list on Airbnb, Vrbo, Homeaway, or through a professional property manager or even your own website, the tips and tricks in this book can help you take management of your property to the next level. |
| business plan for vacation rental: Vacation Rental Confidential Michael Hamilton, 2019-07-29 Have you ever thought about making money with vacation rentals? If so, you're like us. In fact, it's many people's dream to make income from vacation rentals and create more options in their own life. Unfortunately, the problem for most people, is that the dream remains just that--a dream and a fantasy. Disappointing as well, the majority of those who have the courage to take the ownership plunge rarely avoid the typical landlord hassles of dealing with short-term rentals; they feel stressed and get run by the business. But what if a host had a proven blueprint? One that could increase the likelihood of success and truly make this dream a reality. Imagine what life would look like with additional income streams, retirement security and the opportunity to build a legacy in a place you love with those you love. If you are serious and not just a dreamer, if you believe success leaves clues, then Vacation Rental Confidential will help: fuel your lifestyle, create more options and live your dream.This book will teach the following: ?How Mike created a systems dependent, scalable, short-term rental business that allows him to generate income from anywhere and be his own boss ?How to build a boutique brand, differentiate your rentals and get paid premium rates?How to remove yourself from operational headaches and AVOID becoming the burnt-out landlord?An insider's look at the Live Swell's Proven Process, our blueprint on how to create top-performing properties, get more bookings and create raving fans?How to develop a strategy to protect, secure and insure your vacation rentals the correct way while limiting personal liability ?How to hedge inflation and short the U.S dollar with good debt while building wealth with short term rentals ?How to avoid the costly mistakes most newbies make and how you can win from the start?An introduction to how successful entrepreneurs and the wealthy think and invest |
| business plan for vacation rental: The Book Direct Playbook Mark Simpson, 2022-02-02 Get direct bookings for your Short Term Rental properties using powerful insights from one of the Top 20 Most Influential People in the Vacation Rental Industry - Keep reading! Are you a rental property owner who can seem to get direct booking without relying on big-name platforms? Are you tired of giving up a hefty percentage of your earnings to these said platforms? Are you looking for a way to boost your direct bookings and get the full-sum profits you deserve? You're not alone. When Mark Simpson - renowned author, award-winning mentor, and proud Boostly founder - was tasked to take his family's short-stay accommodation business online, he was quite grateful for websites like Booking Holidays, Expedia Group, and Airbnb. But when he realised that business owners are just a number to them, he learned to pivot... and his family's business thrived. In The Book Direct Playbook, Mark poured all his experience, learnings, insights, (and the odd soccer reference), to help property owners around the world finally regain control and turn their business into the champion of direct bookings. Using this powerful guide, you will: Find and attract your ideal guest using a step-by-step, targeted approach to creating a customer avatar, identifying your ideal guest, and scoring big with every single one Structure your business and implement the best systems, including optimized mobile-friendly websites, customer management systems, and lead generation tools Learn Mark's secret sauce to leveraging social media, with insights from his company Boostly - a recipient of the Best Use of Social Media 2020 award at The Shortyz Deep dive into the easiest ways that business owners like you can convert an online travel agency booking into a direct one And so much more! |
| business plan for vacation rental: Optimize YOUR Airbnb Daniel Vroman Rusteen, 2018-01-20 Former Airbnb employee, Superhost, and Airbnb property manager reveals his strategies to rank #1 in Airbnb search by creating an optimal online listing and offline guest experience. I have never seen so much valuable, actionable advice in one place for an Airbnb host. Highly recommended! - Chip Conley |
| business plan for vacation rental: Airbnb For Dummies Symon He, James Svetec, 2023-03-10 Turn to the most-trusted guide to get started on your Airbnb adventure Airbnb For Dummies is here to help you prep your property and post your first listing on the wildly popular short-term rental site. Even if you don’t have a house, you can become an Airbnb host. A spare room at your place, a camper, a boat, a treehouse, a castle—you can turn just about anything into an Airbnb and earn additional income hosting guests. You can even offer tours around your hometown. This comprehensive resource helps you make your goals a reality, with details on how to get set up and navigate the platform and where to turn for info on local short-term rental rules, plus all the post-pandemic changes to travel and to Airbnb’s policies. Learn to attract adventurers from far and wide, with help from For Dummies experts. Decide whether becoming an Airbnb host is right for you Create an appealing listing on the Airbnb site and attract guests Host experiences and ensure the health and safety of guests Get positive reviews and improve your property’s visibility This book is especially for you, the first-time Airbnb host in need of a guide for creating a listing, keeping up a property, and attracting guests. |
| business plan for vacation rental: Do-It-Yourself Vacation Rental Branding Dana Beasley, Deborah Nelson, 2012-02-10 Your Vacation Rental is up and running...but what about the guests? You need guests, and you don't just need any guests! You need responsible, considerate guests who return again and again, and who are so happy with your place they create referrals! Wouldn't it be ideal if year after year your bookings were set years in advance? To do this you need marketing and a good vacation rental brand. That's where Vacation Rental Owners Manual, Volume 2 (list price $39.95) comes in--it's the sequel to VROM-Vacation rental Owners Manual Volume 1! This book takes the vacation rental business to a whole new level. This book is primarily for the person who has established a vacation rental business, but wants to simplify it by getting return customers, referrals, and easier bookings. Or if you are starting a new vacation rental business, be sure to get both Volume 1 and Volume 2. Even if you've never done marketing or branding this book will walk you through step-by-step how to create a lasting and memorable brand and provide a vacation rental experience that will have your guests coming back again and again, as well as how to get referrals and great testimonies. After all, your guests are the backbone of your business. If you are ready to take your vacation rental business more seriously, and ready to start building your bookings, this is the book for you!Reviews of Volume 2:This is a time when people are looking for ways to supplement their income (if they have one), or find work (if they don't have it). If you have a home (even if you don't own it outright) you have an income source. You can use your home as a moneymaker by turning it into a vacation rental a few weeks a year or oftener if the situation demands more income. This book should be flying off the shelf because of the amazing, helpful information it contains.Deborah and Dana have done a great job of laying out not only how to get your house ready to become a vacation rental, but they give tons of information on how to advertise your home in all kinds of media, how to make your website appealing, how to drive traffic to it, how to build a persona for your home, and how to build a brand. They tell you how to create a slogan, what colors to use in your advertising and on your website. It sounds complicated, but it isn't. Just follow their step by step instructions to success.This is a book purchase you will never regret making. Gwen Ellis, Author, Ventura, CA Written after the style of Vol 1, here's what people are saying about VROM: Vacation Rental Owner's Manual Volume 1: I was amazed at how many little things we had overlooked in our business plan and running of our own vacation rental in Cuernavaca, Mexico. If you have a rental property - you need this book! No matter how experienced you believe yourself to be, you will pick up some great tips from the author's who must have spent years writing the book. The best part is that the authors show you how to do this without even lifting a finger - in that you can have other people to care for the property on your behalf and have the renters pay for it. The authors cover every little detail and point out how to avoid losing money through damages or cancellations. Don't wait until it's too late - buy this book today! Bill Hood (Austin, TX) I started a vacation rental with very little knowledge. Thanks to Deborah Nelson and her helpful book I have learned many things about this business. Many great ideas helped me to improve my business, my income, and learn of things to be aware of and reduced my time involved in running it. Many cost saving tips and issues I never would have thought of. A great investment! Faro of Faro's Montecito Retreat(Montecito, CA) I bought this book to learn about the VRBO business from the ground up. This book delivered. Excellent detail in theoretical as well as practical information. V. L. Freeman (Goodland, KS) |
| business plan for vacation rental: Lagos Travel Guide Funke Ogunkoya-Futi, 2020-09-22 Welcome to Lagos. Lagos’s combo of grit and (chaos) is bound to mesmerize all those keen to explore its vibrant culture, intense parties, charismatic souls, rich history and fabulous food. Lagos, one of the world’s most populous cities with over 18 million inhabitants, often gets overlooked – this guide exposes the mystery, the charm and all that Lagos has to offer to the bold traveler looking to immerse themselves in a truly African experience. This travel guide showcases Lagos’ soul, sights, and tastemakers in a new, upbeat and positive light. Visit Lagos smartly and safely with this Lagos travel guide that simulates the lifestyle of a true local. Lagos Travel Guide is a personal, honest and engaging perspective of the wondrous city from the eyes of the top changemakers. This guide will serve as your handbook to help you build a bond with the heartbeat of Africa. From one of Nigeria’s most highly recognised travel writers “Funke Ogunkoya-Futi”, this is the definitive book on visiting Lagos, Nigeria. |
| business plan for vacation rental: Never Too Small Joe Beath, Elizabeth Price, 2023-04-19 Joel Beath and Elizabeth Price explore this question drawing inspiration from a diverse collection of apartment designs, all smaller than 50m2/540ft2. Through the lens of five small-footprint design principles and drawing on architectural images and detailed floor plans, the authors examine how architects and designers are reimagining small space living. Full of inspiration we can each apply to our own spaces, this is a book that offers hope and inspiration for a future of our cities and their citizens in which sustainability and style, comfort and affordability can co-exist. Never Too Small proves living better doesn’t have to mean living larger. |
| business plan for vacation rental: The Vacation Rental Goldmine Chris Debusk, 2014-09-06 For novice and experienced vacation rental owners alike, this book offers strategies to get the most from the rental property by ensuring great guest experiences through the detailed instructions. |
| business plan for vacation rental: Life As a Vacation Craig Shawn Williamson, 2019-08-17 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. |
| business plan for vacation rental: Home Sweet Anywhere Lynne Martin, 2014-04-15 Nearly every page has some crack piece of travel wisdom ... an accessible, inspiring journey. —Kirkus The Sell-Your-House, See-the-World Life! Reunited after thirty-five years and wrestling a serious case of wanderlust, Lynne and Tim Martin decided to sell their house and possessions and live abroad full-time. They've never looked back. With just two suitcases, two computers, and each other, the Martins embark on a global adventure, taking readers from sky-high pyramids in Mexico to Turkish bazaars to learning the contact sport of Italian grocery shopping. But even as they embrace their new home-free lifestyle, the Martins grapple with its challenges, including hilarious language barriers, finding financial stability, and missing the family they left behind. Together, they learn how to live a life—and love—without borders. Recently featured on NPR's Here and Now and in the New York Times, Home Sweet Anywhere is a road map for anyone who dreams of turning the idea of life abroad into a reality. |
| business plan for vacation rental: Saving the Family Cottage Stuart Hollander, Rose Hollander, David S. Fry, 2017-03-27 Estate planning for family cottages and cabins When family members inherit a vacation home together, problems are often unavoidable, given that the new co-owners may have different financial circumstances or emotional attachments to the family cottage or cabin. But you can head off damaging family squabbles by developing a legal structure (typically an LLC) to take care of the business of ownership. Whether you’re planning to pass on a cottage to your children, or you’ve inherited a cabin with your siblings, Saving the Family Cottage provides practical, legal solutions for preserving a beloved family property for generations to come. You’ll learn how to: keep the peace (and avoid fights) among siblings over jointly-owned property prevent a family member from forcing a sale of the cottage or cabin keep your vacation home out of the hands of in-laws and creditors, and make a smooth transition from one generation’s ownership to the next. The fifth edition is updated to reflect current tax laws, including state property tax laws which affect choice of legal entity. It also includes an expanded discussion of legal issues when renting a family cottage or cabin on Airbnb, VRBO, or similar rental services. |
| business plan for vacation rental: Renting Your Recreational Property for Profit Heather Bayer, 2007-04 Renting Your Recreational Property for Profit contains everything you need to know to rent out your cottage/condo/holiday home professionally and profitably, with minimum stress. Author Heather Bayer guides you from the first tentative step of deciding to open up your vacation home guests, to what you will need to have in place before they arrive--and everything in between. |
| business plan for vacation rental: The Rental Game Maureen Regan, 2012-12-26 Homeowners, you may think it's easy to rent your second home yourself and save money paid to a professional vacation rental agency. But is this your best alternative? The Rental Game, Winning with a Professional Vacation Rental Team, delves into this. Then decide if a professional rental team is the right choice or if you should rent it yourself. For vacation rental agencies, the book reinforces what they do well. It's a tool to be placed in the hands of every owner. 'The Rental Game' benchmarks the best of vacation rental management. |
| business plan for vacation rental: Vacation Home Plans , 2006 Offers 325 of the best-selling designs from leading architects and designers. Includes over 365 photographs and illustrations of houses plus practical ideas and advice. |
| business plan for vacation rental: The Architecture of Happiness Alain De Botton, 2010-12-03 Bestselling author Alain de Botton considers how our private homes and public edifices influence how we feel, and how we could build dwellings in which we would stand a better chance of happiness. In this witty, erudite look at how we shape, and are shaped by, our surroundings, Alain de Botton applies Stendhal’s motto that “Beauty is the promise of happiness” to the spaces we inhabit daily. Why should we pay attention to what architecture has to say to us? de Botton asks provocatively. With his trademark lucidity and humour, de Botton traces how human needs and desires have been served by styles of architecture, from stately Classical to minimalist Modern, arguing that the stylistic choices of a society can represent both its cherished ideals and the qualities it desperately lacks. On an individual level, de Botton has deep sympathy for our need to see our selves reflected in our surroundings; he demonstrates with great wisdom how buildings — just like friends — can serve as guardians of our identity. Worrying about the shape of our sofa or the colour of our walls might seem self-indulgent, but de Botton considers the hopes and fears we have for our homes at a new level of depth and insight. When shopping for furniture or remodelling the kitchen, we don’t just consider functionality but also the major questions of aesthetics and the philosophy of art: What is beauty? Can beautiful surroundings make us good? Can beauty bring happiness? The buildings we find beautiful, de Botton concludes, are those that represent our ideas of a meaningful life. The Architecture of Happiness marks a return to what Alain does best — taking on a subject whose allure is at once tantalizing and a little forbidding and offering to readers a completely beguiling and original exploration of the subject. As he did with Proust, philosophy, and travel, now he does with architecture. |
| business plan for vacation rental: Build a Rental Property Empire Mark Ferguson, 2016-03 I finally got a chance to purchase and read your book (Build a Rental Property Empire). It was easy to read and practical and pragmatic - and I liked it enough to give a copy to my son who is just starting out with his real estate investing and also to two of my investor clients as closing gifts.-SharonLearn the best way to invest in rental properties in this 300 plus page book written by real estate investor Mark Ferguson (owns more than 100,000 sqft of rentals). This book gives you the exact details on how to finance, find, analyze, manage, and even sell rental properties. Where other books lack the details on how to actually make money in real estate, this book is all about the details. It is written by someone who has been investing in real estate for over 15 years and is still investing today. If you are having trouble figuring out how to find the right properties, how to finance them, where to buy properties, or how to buy with little cash, this books tells you how to overcome those obstacles. If you can't find your answer in the book, Mark even gives away his email address where you can ask him directly. Mark is a successful rental property owner, fix and flipper and real estate broker. Mark has sold over 1,000 houses as a broker, flipped over 155 houses, and owns his own office Blue Steel Real Estate. Mark bought his first rental property on his own in December 2010 and now has 19 rentals (commercial and residential). He has fix and flipped houses since 2001 and been a real estate agent since 2001 as well. Over the years, he has learned the best way to find rentals, get great deals, manage properties, finance properties, find great markets and build wealth with rentals. In this book, Mark gives you all the information you need to be a successful rental property investor. Mark also started Investfourmore.com, a real estate blog with over 35,000 subscribers and millions of visitors. He is known for his straight to the point writing that is easy to understand and full of insight. This book is not full of theories and made up stories. It contains real-world case studies and information on investing from an investor actively investing in today's market (2017). Here are just a few of the topics covered: · Why rental properties will help you retire faster than other investments· The risks of investing in rentals· How to determine what a good rental property is· How to determine what type of rental to buy· How to get a great deal on properties· How to finance rentals, even if you have more than 4 or more than 10· How to invest in rentals with less cash· How to repair and maintain properties· How to manage rentals or find a property manager· What are the best exit strategies· How to buy rental properties when your market is too expensiveThis book has been revised a number of times to reflect current market conditions and changes in Mark's strategy. |
| business plan for vacation rental: Camping New Mexico Melinda Crow, 2015-07-01 Let your trip to the Land of Enchantment begin with Camping New Mexico. Fully updated and revised with more than 150 public campgrounds, Camping New Mexico is an ideal companion for tourists and locals alike. Maps and quick reference tables are keyed to each area to help you pick a site that will meet all of your needs. You will also find many fun and exciting things to do in the surrounding areas of each campground. Whether you’re planning to explore Carlsbad Caverns, test your rock climbing skills at City of Rocks State Park, or hike in the Manzano Mountains, Camping New Mexico can help you find the perfect spot to pitch your tent or park your RV. Look inside for: Campground locations Detailed maps GPS coordinates for each campground Driving directions Facilities and hookups Dates of operation Fees and reservations Recreational activities What equipment and clothing to bring Tips on wildlife and safety |
| business plan for vacation rental: Business for Beginners Frances McGuckin, 2005 Most small business guides claim to be for entrepreneurs, but either talk over their heads or treat them like they have no business savvy. The solution? Business for Beginners. Written by an entrepreneur, it targets the 13 big questions (and all the other questions that come with) that entrepreneurs need to consider to build a successful business, with the answers that will set them on the right track. Frances McGuckin and SmallBizPro are dedicated to reaching the small business owner, speaking constantly across North America and working closely with the small business associations that entrepreneurs turn to for help. This book contains clear advice along with case studies, examples, checklists and success strategies. The essential advice includes: Knowing where to start Understanding legal and tax requirements Understanding financial statements Organizing accounting and paperwork Developing a winning business plan Building entrepreneurial skills Marketing on a budget |
| business plan for vacation rental: Plunkett's Airline, Hotel & Travel Industry Almanac 2008: Airline, Hotel & Travel Industry Market Research, Statistics, Trends & Leading Companies Plunkett Research Ltd, 2007-09 Contains a market research guide to the travel and tourism industry, including airlines, hotels, tour operators; travel agencies; E-commerce firms, cruise lines and car rentals. This book is useful for competitive intelligence, strategic planning, employment searches, or financial research. |
| business plan for vacation rental: Retire Early with Real Estate Chad Carson, 2018 Do you know how you'll fund your retirement? It's true that most people won't have nearly enough money to last them for the long run.-Prepare for the climb to retirement using real estate investing-Learn the benefits of real estate investing-Differentiate the potential routes to build wealthBut after you can retire...then what?-Learn how to use real estate income and equity to live in retirement!-Read real-life profiles of investors who used real estate to retire-Put your retirement plan into action!Written by a seasoned real estate investor, landlord, and retiree, this book exposes the biggest benefit of retirement: Continue to make passive income while doing MORE with your life! |
| business plan for vacation rental: The Airbnb Story Leigh Gallagher, 2017-02-16 In 2008, two broke art school graduates and their coder-whiz friend set up a platform that - in less than a decade - became the largest provider of accommodations in the world. Now valued at $30 billion, Airbnb is in the very top tier of Silicon Valley's 'unicorn' startups. Yet the company has not been without controversy - disrupting a $500 billion hotel industry makes you a few enemies. This is also a story of regulators who want to shut it down, hotel industry leaders who want it to disappear and neighbourhoods that struggle with private homes open for public rental. But beyond the headlines and the horror stories, Airbnb has changed the terms of travel for a whole generation - where a sense of belonging has built trust between hosts and guests seeking a more original travel experience that hotels have struggled to replicate. This is the first, definitive book to tell the remarkable story behind Airbnb in all its forms - cultural zeitgeist, hotel disruptor, enemy to regulators - and the first in-depth character study of its leader Brian Chesky, the company's curious co-founder and CEO. It reveals what got Airbnb where it is today, why they are nothing like Uber, and where they are going next. |
| business plan for vacation rental: The Boardinghouse in Nineteenth-Century America Wendy Gamber, 2007-04-16 Publisher description |
| business plan for vacation rental: Airbnb: Improve the Rate of Return on Investment of Airbnb (How to Start Your Highly Profitable Fully Automated Short-term Rental Business) Eugene Dawson, Making money as an Airbnb host is easy, but not everyone makes the same gains. While savvy hosts sit back and let passive income roll in, other hosts work harder only to make a fraction of the same profits. In Airbnb, you’ll learn how to get started the smart way on Airbnb, but most importantly, how to stand out from the competition, maximize your earnings, and automate your business so you can finally say goodbye to stress. You will learn (in less than 30 minutes for each topic ): · What is airbnb and how does it work · How to start an airbnb business with zero money using rental arbitrage · How to pick the perfect area for your first airbnb listing · How to analyze a potential property to determine if it will be a profitable investment · How to buy your first property and get finance · How to analyze the competition and get an edge for your listing · Turn your property into the dream location for guests · Must have features and gadgets for your property · How to list your property to maximize your bookings · Insider trips to propel your listing to the top of your area page As a must-read for anybody curious about boosting their income and beginning a lucrative new business opportunity, this handy guide breaks down the world of Airbnb into accessible, easy-to-digest advice, giving you a roadmap to launching a successful short-term rental property. |
| business plan for vacation rental: The Airbnb Playbook James Steward, 2019-08-10 Is it possible to: * Start your own Airbnb business with no cash? * Become financially independent and travel the world with your Airbnb income? * Run your Airbnb business from anywhere in the world or automate it completely? Yes it is, and The Airbnb Playbook can show you how! The Airbnb Playbook is the result of an obsessive quest, spanning more than two years to create a complete and comprehensive guide on how to start and manage a profitable Airbnb business. The Airbnb Playbook contains the collective wisdom and tools of three highly successful Airbnb entrepreneurs that have taken this business model and turned it into six and seven figure income streams and now want to teach others to do the same! What is the shortest route to success for any business model? Find a mentor or become an expert on the topic, this book offers you both and will provide you with the tools and knowledge to start a profitable Airbnb business in a couple of hours. You will learn (in less than 30 minutes for each topic): What is Airbnb and how does it work How to start an Airbnb business with zero money using Rental Arbitrage How to pick the perfect area for your first Airbnb Listing How to analyze a potential property to determine if it will be a profitable investment How to buy your first property and get finance How to analyze the competition and get an edge for your listing Turn your property into the dream location for guests Must have features and gadgets for your property How to list your property to maximize your bookings Insider trips to propel your listing to the top of your area page How to advertise your listing on Airbnb and other platforms How to run your Airbnb business remotely How to get a 5-Star review from your guests every time Slow season strategies to increase revenue Over 50 useful tools and applications you can use to run your business 10+ Free templates and tools you can download to help you start your first Airbnb business And this is just the tip of the iceberg. There are more than 50 topics covered in the book that will turn you into an expert and give you the inside track to success with Airbnb. Get started on your path to success today with The Airbnb Playbook! |
| business plan for vacation rental: Making Money on Your Vacation Rental Home Howard Jones, 2010-08-17 A new book just hitting the marketplace will be a welcome guide to many cash strapped owners of vacation and second homes in this difficult real estate environment. Making Money on Your Vacation Rental Home is the title of this detailed âhow toâ book recently published by Howard Jones, a CPA and licensed real estate broker who has owned and managed his own vacation rental homes. Subtitled An Essential Handbook for Managing Your Short Term Vacation and Resort Rental Property for Maximum Enjoyment and Profit, this comprehensive 400 page handbook includes a chapter by chapter guide for rental home owners who wish to take advantage of the new opportunity that has emerged in recent years to self manage their rental homes by using commercial rental web sites. Besides covering owner rental management, specifics are provided on related topics such as maintaining the necessary computer resources and the tax implications for buying, selling and owning vacation homes. |
| business plan for vacation rental: Every Airbnb Host's Tax Guide Stephen Fishman, 2023-01-31 There are over four million Airbnb hosts in the United States. This book gives these hosts the tax knowledge they need now more than ever. The new edition has full coverage of all the tax changes brought about by coronavirus relief legislation, including sick leave and family leave tax credits for self-employed hosts, employee retention credit, and tax-free treatment of landlord Paycheck Protection Program loans. These tax breaks can save hosts thousands of dollars. |
| business plan for vacation rental: Hurdle, the Book on Business Planning Timothy Berry, 2006 |
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
