I am delighted to be spending a few weeks in Scotland, the home country of my wife with whom I am celebrating 25 years of marriage. So here is some info on renting out your vacation home!
Do you own a vacation rental? Maybe a cabin up at Mount Hood or a Beach House at the Coast? Are you thinking about owning one? Maybe renting it out when you are not using it via Air B&B or a similar service? Well this can be an effective way to lower the cost of ownership but it can also have some legitimate legal risk. I would consult and attorney be renting out such a house, that said the article below has some good insight into prepping for a dual purpose vacation home.
By Michele Lerner, Special To The Washington Post
Published: June 17, 2019, 6:04 AM
If you’re one of the lucky ones who own a vacation home — and you plan to rent it this summer or next year — you may want to follow up on a few suggestions from Marnie Oursler, owner of Marnie Custom Homes in Bethany Beach, Del., and host of DIY Network’s “Big Beach Builds” and HGTV’s “2018 Dream Home.”
Here are her ideas to make your vacation home more appealing to renters and to increase your peace of mind while renters are in residence:
1. Lock up personal items. We often build owners’ closets that can only be accessed with a key so owners can lock up anything they want to keep for their own personal use, such as linens, supplies, etc.
2. Remove sentimental items. Stow away photos, artwork, anything sentimental you do not want to get damaged. It keeps the house neutral for renters, and owners can easily add the items back when they are staying at the house.
3. Install a safe. By adding a fireproof and waterproof safe that fits between studs, either in the owner’s or master closet or in another area of the home that has limited access, you can ensure treasured items are safe, adding a little more peace of mind when renting.
4. Slipcover sofas. Often with renters, there are multiple families or guests in the same house, especially when getting together for cookouts or beach days. Wet bathing suits and sand easily find their way onto sofas and chairs, so by using slipcovers on the furniture, you can remove the covers and wash them as needed. Consider a white canvas/Sunbrella material that will look beachy and be easy to clean.
5. Add games. Having a pingpong table and/or corn hole in the garage or carport is another great way to utilize space and provide activities for rainy days, evenings or to get a break from the sun. The games are also a bonus amenity for renters.