Many folks are making the smart financial decision to upgrade and redesign their homes to become effective vacation rentals. Not only is this a great ROI, but it’s an intelligent way to utilize your home or a wing of your house that is not getting a lot of use. By crafting your home into a profitable rental, you set yourself up for financial freedom and can begin to enjoy the perks of monetizing your own home. Before you begin, there are a few key considerations to think about when setting out to monetize your pad and invite awaiting guests into your slice of heaven. Why wait to discover these solutions the hard way? The exciting road to generating passive income for you and your family is just ahead- with these tips you can start the transformation today!
It’s exceedingly important in this industry to craft a rental that exudes a consistent design theme. Mostly speaking on the interior spaces, but taking into consideration the exterior decor wouldn’t hurt, either. You’ll want to do a fair amount of research on current style trends, design themes and interior fads that are dominating the market and leading the way. It’s important to stay up to date and adapt to an ever-evolving interior industry. This will speak volumes to the quality and value of your rental, which will set you apart from your rental competition. Below are a few of the top Interior Design trends entering into 2020.
- Mid Century Modern
- Natural Luxury
- Shabby Chic
- Industrial Modern
- Hollywood Regency
These styles are consistent and desired by renters and vacationers across the globe. Pick one theme and stick to it. If you try to cross-pollinate too many design styles, you’ll end up with a muddied aesthetic- interior decor that appears confused and over-worked. However, by employing some exciting artistic flourishes and design picks going into the new decade will put your rental on the map and draw in visitors looking to enjoy their stay in luxury and style.
Consider adding oval furniture, two-tone kitchens, patterned wallpaper, Moroccan and middle eastern textiles and accent pieces, unique rugs, and sleek sophisticated furniture. Attention to detail is massively important. The first thing vacation renters look for when seeking to book is aesthetic and taste. They want to treat and impress their fellow guests with a smart rental that everyone can enjoy.
Make Your Rental Fool Proof
This is to say, most people have the ‘appliance competence’ of a small child. You must fool-proof your home if you want your renters to have a positive experience. If they can’t decipher how to use a feature or a handy appliance within thirty seconds, it becomes completely unusable and cast to the side. You also must take into consideration the need to child-proof the rental. The last thing you want is for a child to accidentally cut themselves on a sharp corner or table edge or break a delicate object. Causing them pain and costing you money. Things like easy to use shower nozzles, light switches in obvious and convenient locations, simple coffee makers will make a guest’s stay much more hassle-free. Consider your provided entertainment center and take the time to make sure it’s simple enough to use- the remote controls are labeled for clarity and you might even want to craft a simple cheat sheet for them to save time and confusion. Other integral features of the rental, such as doors and mirrors should be easy to use. For example, modern sliding doors installed throughout the rental will up the value and improve overall aesthetic while providing easy-to-use functions for your visitors. Sliding closet doors, sliding bathroom doors even mirrored sliding closet doors will provide simplicity, save space that typical swinging doors take up and add a unique look to your vacation home.
Eco- Forward Features
Because you are about to have an influx of people renting your home, there is going to be inevitable taxation on your resources. People who are on vacation and enjoying a home that is not their own will likely be less frugal with the resources provided. That means extra water, electricity as well as typical wear and tear costs put on you. A great way to mitigate this increase in usage is to set about updating your home with eco-conscious appliances, products, and features. Things like high-efficiency toilets, recycled paper towels and bath tissue, LED lights, solar-powered path lighting, glass doors and glass walls providing natural light, and installing dimmers on light switches could make a huge difference in your energy costs and eco-footprint. Your renters will be happy to know they’re staying in a low-impact home and you can even use these eco upgrades as a selling point- setting your rental apart from the rest!
With these simple yet effective considerations and upgrades to your home, you’ll be on your way to dominating the rental scene in just about any city. Employing a consistent design theme, fool-proofing your rental and switching to eco-forward features will have a serious impact on the quality of your rental, as well as save you resources and stress. For more space optimizing solutions and inspiration, visit The Sliding Door Company to browse our online viewing catalog and Get A Quote from one of our team members to start your rental upgrade today!