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Renting your home to vacationers? 5 tricks to help you prepare

(BPT) - Wouldn’t it be awesome if your home could make money for you, instead of costing you to pay the mortgage, utilities and upkeep? Many homeowners are making their homes pay with short-term and long-term vacation rentals. The vacation rental industry generates more than $85 billion annually in the U.S. and Europe, according to Radius Global Market Research. In 2014, 54 percent of vacation property owners said they were able to cover three quarters or more of their mortgage with rental income, according to HomeAway. Popular websites like HomeAway make it easy for anyone to rent out their house, condo or townhouse to vacationers from around the world.

  • icon Posted: September 28

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Recent Headlines

Thursday 09/24/2015
Design tips for a chef-centered kitchen
Updated: October 02, 2015 - 1:33 am

(BPT) - Many homeowners with a passion for cooking desire a kitchen that mirrors those of renowned chefs. To achieve this, various design elements and simple upgrades can be incorporated to create the ideal kitchen that combines ultimate functionality with sophisticated style.

Wednesday 09/23/2015
Data shows home fires burn hotter, faster than ever: How you can reduce risks
Updated: October 01, 2015 - 1:32 am

(BPT) - While the number of home fires occurring in the U.S. each year has fallen by more than 50 percent since 1977, the ratio of people who die in home fires has remained virtually unchanged, based on data from the National Fire Protection Association (NFPA). In 1977, deaths occurred in .8 percent of home fires, and in 2013, that rate was .7 percent. One possible explanation for this discrepancy: home fires now burn hotter and faster than they did 40 years ago, meaning victims have less time to escape a burning house.

Monday 09/21/2015
Keep the heat in and the cold out this winter: Tips for a cozy home
Updated: September 29, 2015 - 1:33 am

(BPT) - Winter this year promises to be harsh across much of the U.S. The Farmers’ Almanac predicts conditions will be “bitter cold,” “unseasonably cold,” “very chilly” and “frigid” for states east of the Mississippi River. In a word, brrrrrr!

Tuesday 09/15/2015
Ceiling revamps: Leave the popcorn to the movies
Updated: September 23, 2015 - 1:33 am

(BPT) - Calling all DIY enthusiasts: Those popcorn ceilings have to go. They don’t get much love from homeowners or homebuyers, and they can really bring down the overall look and feel of an otherwise attractive room.

Wednesday 09/09/2015
Fall: The best season for home improvement
Updated: September 17, 2015 - 1:33 am

(BPT) - The rituals of fall include sending kids back to school, raking leaves and cheering on the hometown football team. In addition, a new fall tradition has emerged for America’s nearly 74 million homeowners — home improvement.

Wednesday 09/02/2015
Selling Your Home? How to Get Buyers in the Front Door
Updated: September 03, 2015 - 1:32 am

(StatePoint) Looking to sell your home? Then improve its curb appeal. That's the advice of realtors who say that many home buyers won't even get out of their cars unless they like the way the house looks from the street.

Tuesday 09/01/2015
Avoid expensive energy bills with this hot new housing trend
Updated: September 09, 2015 - 1:33 am

(BPT) - Imagine being able to heat your home with no more energy than used by a hair dryer turned on low, or even going off the grid altogether.

Monday 08/17/2015
5 tips for settling into your new home
Updated: August 25, 2015 - 1:33 am

(BPT) - Though summer is winding down, for many families, hectic moving schedules are still underway. Whether you are moving this season or planning for a move in the near future, consider some helpful guidelines on packing up, moving out and settling in without a hitch — plus, the latest technologies to turn your new house into a home.

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