On Tuesday, we talked a little bit about investment properties. One great way to use these properties is short term rentals for people traveling for business or pleasure. Sites like VRBO and AirBnB have risen in popularity due to people wanting a more comfortable experience while traveling. Here are some tips for creating that perfect 5 star rating vacation rental.
KITCHEN
A lot of people choose rentals over hotels so they have access to a full kitchen. As a result of this, it’s important to keep your kitchen well stocked with supplies. This includes pots, pans, plates, bowls, cups, etc. You should also have recipe staples such as salt, pepper, flour, baking spray, sugar, etc. Don't forget the dishwashing soap and detergent.
BATHROOM/LAUNDRY
Keep enough towels so that the maximum number of guests can each have at least one. Remember to also leave some laundry detergent if you have a washer/dryer available so your guests can wash and reuse towels and their clothes.
BEDROOM
Nothing can ruin a vacation like an uncomfortable bed. Invest in a decent mattress as well as sheets to make sure your guests have sweet dreams. Also, leave extra pillows and blankets around in case it gets colder at night.
MISCELLANEOUS
Clothes tend to get wrinkly after being packed away in a suitcase. Make sure you have an iron and ironing board available. Leave cleaning supplies, such as cleaner, paper towels, broom, mop, etc., so your guests can take care of those small messes on their own.
INSTRUCTIONS
Trying to figure out how someone else's television/cable/DVD player works can be a challenge. Leave a detailed, but still concise, list of instructions for every room of the house. It's also a nice touch to suggest some of your favorite restaurants or entertainment options nearby.
Cyprus offers a wide range of purchase mortgage options to assist its members in buying a home. Our programs cover every option from the first time buyer to a seasoned real estate investor. Learn more about our Purchase mortgage options by clicking HERE.