Archive for the 'Vacation Home Management' Category

Oct 17 2009

What to Think About When Insuring your Overseas Property

More and more people are snapping up cheap property abroad and choosing to have a seconded property which they can enjoy for those long weekends and summer breaks. For younger couples her are finding it increasingly harder to secure a mortgage moving abroad is now a very plausible option. For a lot of people living abroad does have its highlights, you’re going to have a better climate and live for a lot cheaper. Continue Reading »

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Oct 17 2009

House hunting (part 1)

Ive had enough of the big city, with its pollution and way too many people. You can easily loose your identity and feel like a number, so I’m off to the seaside if possible. The sites, fresh air and lovely change of scenery are not the only reasons that we have made the trip down here. Continue Reading »

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Sep 20 2008

Preventive maintenance the key to long term profits

Published by Kevin under Vacation Home Management

Perhaps one of the most forgotten aspects of vacation home ownership is preventive maintenance.  Preventive maintenance can take many forms, from simple replacement of silverware to proactively purchasing a new roof or siding.

It is hard to determine how much money is saved through preventive maintenance put over the life of vacation home ownership but it can be significant.  Even the minorest of problems properly addressed early can save untolds amount down the line.

There are several times a year when it can be easiest to perform maintenance.  Spending a couple days in the spring before the season begins can save your first guests any discomfort.  Repeat guests are definitely a cornerstone of maximizing yout home’s profits.  A couple days prior to the season allows you to catch anything minor or major, plan any projects you need to do or have done.  It also is a great time to get estimmates for any work that you notice needs to be done.

The fall offers a excellent opportunity to address any issues your home may have suffered from being rented all season.  Often minor repairs and upkeep will prevent anything major from happening.  Often minor painting or spackling may be needed.  If you are going to address any major projects often the fall is the best time.  You have the longest period of low rents.

Keeping up with a year round maintenance plan can be difficult but the long term financial rewards from keeping up make it worthwhile.  Spend the time and money now, and enjoy more money in the end.  Doesn’t get any simpler.

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May 02 2008

Good News for Outer Banks Vacation Home Owners

Published by Kevin under Vacation Home Management

Need a reason to smile as a vacation rental home owner?  According to a report by Peter Yesswich, many Americans are planning a vacation in the next 6 months.  This is an especially appealing fact considering the current economic conditions.  Though an economic slowdown could be happening, most Americans are undeterrred in their vacation plans.

Local Outer Banks vacation rentals for the 2008 summer appear to be up into the double digits for most property managers.  Perhaps due to the increased cost of a plane ticket, Americans are just fueling up and staying on the mainland.  Whatever the cause, it appears that the 2008 rental season will see an increase from 2007.

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May 01 2008

Welcome

Published by Kevin under Vacation Home Management

Here you will find all the information to increase the return for your Outer Banks vacation home.  Not interested in making more money?  I’ll share plenty of tips to save you money.  Keep checking back constantly as we will be updating all the time.  If you have something to add, that’s what the comment section is for.  I would love to hear from any Outer Banks home owners. 

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