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Friday, May 26th, 2017
The High-Low Dining Table from FFDM’s Summer Collection.
“Summertime is always the best of what might be,” so said American non-fiction author, Charles Bowden. With summer just around the corner, you might be one of the handful of hopefuls who are thinking of buying a vacation home for you and your family. With this huge investment about to take place, don’t just focus on the idea of having a summer getaway.
Remember that buying a summer home is also a long-term investment so, don’t jump without any preparations. Remember that there are summer home rental properties and there are awesome summer home rental properties. You want to be assured that you would get the latter.
Visit and Stay
Do not even think of paying for a vacation home that you haven’t visited, inspected and spent a few good hours in. This is a basic guideline but a lot of home buyers are often blinded by the ski village or the beach town that they are about to join. What they fail to see are architectural mismatches and damages that could be concealed at the moment.
Keep in mind that owning a summer vacation home is not like owning hotels or timeshares. With the former, you do not get the option to alter the scenery.
Know How Much
Just like you would in buying your primary residence, you have to ask the costs. Understand the overall price of owning the property. There are fees such as insurance, property taxes and other carrying costs. Remember also that even when you’re not in there, you would still be paying for gas, water, trash removal, electric bills and landscaping. Other maintenance services also have their individual costs.
Make sure that you include these overhead costs to your planned budget. After all, what could ruin the perfect vacation home? Having to pay more than you’re capable of.
Another part of your budget for this summer home is the year-round upkeep. Summer vacation is not spent entirely in this home – you will get out and seek out recreation. In this case, your summer home is not a hotel so you will need a year-round budget for its maintenance.
Who Will Stand Guard?
Speak of more costs, another expense that you have to seriously consider is the management fee. If you would only visit during the summer, then someone would definitely take care of your summer home. Consider renters so you won’t have to worry about the home’s maintenance while you are away.
A local property manager should be able to properly maintain your summer home. He or she will definitely cost extra but this is much less than paying for a leaky roof or a frozen pipe.
Still from the Summer Home Collection, here’s the Poster King Bed.
The Rental Income Opportunity
A smart purchase for a summer home is one that will incorporate earning an income. The rental potential of a home, especially when managed correctly, could help offset the costs that were mentioned above.
Allowing renters to take care of your home means you won’t have to worry about your home while you are away. Looking at it as a long-term investment of softs will also bring about income that will help pay the property off and even build equity.
So when you’re out to shop for your dream summer home, be sure to check the nearby towns as well as speak with local agents. Find out also, online, whether what you’re thinking of buying is actually worth buying or even renting. Never forget to do your research on the occupancy rates, too. Knowing how often families and businessmen rent properties is also crucial. Repeat customers are crucial if you’re serious about your rental property business.
Tags: McCreerys, McCreerys Home Furnishings, shopping for vacation home, summer home, summer house, vacation rental properties, vacation rental property
Posted in Interior Design 101, Interior Design Elements, Summer Season | Comments Off on Summer 2017 Vacation Home – 4 Things to Know Prior to Buying
Friday, February 19th, 2016
The Fine Furniture Design Bedroom Bedford Pineapple Post Headboard, Queen 5.0 1020-251 will make your vacation home a restful haven.
Would you want your real estate property turned into a vacation home for rent? Being the owner of a rental property will make you a recognizable person in your community. When done correctly, you can have repeat customers that will bring you a good amount of revenue for years to come.
Do not make the mistake of cleaning the property only when you are the one who gets to use it. Keep it up to date by making it a home away from home. Of course, you would want your customers to feel special and well taken care of.
A Guide to Dressing Up a Vacation Home
Furnishing your vacation home is quite different from designing your own home. The former is much like a hotel room so it has to have a semblance of luxury, comfort and durability. The furniture and decorative items that you use there have to be able to withstand the wear and tear of weekly renters. Spend wisely on the best furniture items as well as all the things that you offer inside the vacation home from the tissue rolls to the bedding, even down to the carpet.
Take some time to picture your vacation rental home. Honestly ask yourself whether you would be able to sleep there together with your family. Also, would you be happy to pay the price and return to this same place again?
The answers to these questions will tell you whether you will have repeat customers or you would simply have another property sitting to gather dust.
Hancock and Moore Living Room Edwardo Sofa 5707-3: This will look perfect when facing warm, crackling fire inside the living room.
Protect Your Vacation Home
Be up-to-date when it comes to your furnishings. Spend your money wisely on furniture that will last. When you decide to rent out your property, you must be initially thinking of it as a kind of business, and it is, in essence. While it is a place that is yours, you always need to consider what would make your guests’ stay a meaningful one.
More often than not, guests want to use furniture that is durable. So instead of putting a glass laden furniture piece in the middle of a living room, have a hardwood center table instead. This can better sustain scratches and the daily rigors of guest accommodation especially guests that have children or pets with them.
As for the upholstered pieces, do not wait for the fabric to turn dirty before you set out to clean it. Have it professionally cleaned once every year. Regularly apply stain protectants.
A good way to protect your real estate property is to hold regular maintenance works such as having the plumbing and electrical fixtures checked.
A Colorful Yet Restful Vacation Home
Vacationers want to rest when they ask to rent your property. Most are only going to stay for a week so you have to give them the most relaxing ambience that you could come up with. You would never go wrong with a beach theme, after all, what could be more relaxing than this?
Another way to make a colorful vacation home is to carefully choose your paint and accessories. Put some colors on those boring walls then dress the place up with beautiful accessories. High gloss paint will last longer in your vacation home. It is perfect for your property because it does not wear off or scuff easily.
If you are undecided with regard to the room colors, then have a sample can of your chosen paints. These just cost a few dollars so you can try the color prior to fully committing to it.
Never be just another cookie cutter vacation home. Place a mirror or an artwork on the wall to create a powerful statement on your vacation home for rent.
Tags: McCreery's Furnishings, McCreery's Home Furnishings, McCreerys, vacation home, vacation rental property
Posted in Interior Design 101, Special Rooms In Your Home | No Comments »
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