Every year, many spring breakers and winter birds find their piece of paradise in the beautiful sunshine state. If you want to start offering rental properties for vacationers, here’s all you need to know on how to turn your Florida home into a vacation rental.
Research the Area
Your property’s area can determine its success. For example, if your home is an hour from a major city or a well-known small town, you should mention this in your descriptions when you leave postings on realtor apps or websites.
If you reside in central Florida, ensure you research the best places for your renters to go during their stay in the area. By mapping out the best sights and attractions, you receive more positive reviews from your guests.
Renovate the Space
To rent out a space, you need to renovate it. Work with a contractor who can map out the best remodeling ideas to earn higher profits.
If you want to create a rental for families, especially if you live close to Walt Disney World Parks and Universal Studios, make the renovations family-oriented.
Get your place renovated, especially your doors and windows. If you want better security, ensure you use one of these door materials to increase security in and around your house.
You can also add themes to different rooms to make a family feel like they’re at their own personal resort.
As you go through every remodeling phase, make sure you and your contractor inspect the property. It’s essential to check every inch to ensure the home’s ready for renting.
Pay Attention to Insurance
Before you post your listing, make sure you have insurance figured out. Those who miss out on insurance won’t have a way to cover any potential losses, especially if the home floods or catches fire.
When it comes to insurance, choose a reliable company with great reviews. Since you want to protect your home from renters, buy renters insurance; it helps save you from any issues, such as theft, damages, or other problems.
Create a Welcome Package
Your guests are essential. Giving them a welcome package is a good way to show how much you appreciate their business. Welcome packages can contain everything they need to enjoy their stay.
Make your guests feel a little more at home by giving them a local treat, a coupon booklet to the best restaurants and attractions in the area, and the Wi-Fi password. It might not always seem like it, but guests love receiving welcome packages when visiting a new place.
When renovating your Florida home into a vacation rental, put the guests first. Florida is the best state for fun and relaxation, so reflect that in how you apply these changes to your Florida vacation home flip.