Vacation Home Rental

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Does anyone have experience with vacation home rentals?If so, what marketing do you use to secure solid booking year round?

Comments(5)

  • InActive_Account5th October, 2004

    Internet seems to work for a lot of people. Internet word of mouth. If you have a ski condo, I have seen lots of people post on ski forums and get renters.

  • JoanAlyce15th October, 2004

    I have a property manager there that rents out a lot of condos in the area. I also supplement that by promoting it to all of my family, friends and clients.

  • gmoney6911th October, 2004

    Living in Florida, I recognized that many people from the Mid-West like to drive to FL. So I put tiny classifieds in Chicago, Detroit, New York, Philadelphia, etc. Out in San Diego, maybe ads in Phoenix, Las Vegas, etc. somewhere where people come to San Diego for vacations. I have placed one ad at a time, and see what cities worked the best. A lot of the time family or friends of families keep my places rented.
    Good Luck!

  • ahmedmu11th October, 2004

    gmoney69 is right about midwesterners going to Orlando, FL. A lot of British people go there as well. I used to go to Orlando every year and finally bought one property there. I don't want to give any specific recommendation based on my limited experience though.

    I went to yahoo andf google and searched for FL vacation rental or Disney Vacation rental and saw what was coming up to see what prospective tenants would see.

  • wtwyman12th October, 2004

    Thanks for the good ideas.
    I was looking at a possible lease-option to purchase on a $700,000 high-rise condo in downtown San Diego. The owner was willing to accept a 1% down payment and 7 year term and monthly payments of $3,000 a month.

    But I talked with a marketing guy who convinced me that people come to San Diego for the ocean and beach, not high-rise condo lifestyles. So, I might have trouble with solid bookings year-round sufficient to meet my $3,000 a month payment.

    I did a little market research and it appears that vaction rentals for high-rise condos are going for $3,200 to $6,590 a month, depending upon the season. But if I couldn't get bookings, I would be stuck with making that $3,000 a month payment. No thanks.

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