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Like Jay & Ryanne said, it’s the front-end work which is hard. Once it’s all setup, then it’s harvest season. You’ll do great!
Most of the chalets in my area were purposefully built as vacation rentals 40-50 years ago. I have a 12-foot-long harvest table that can actually sit big group of people down to eat together. (A group just rented my place for a weekend in the upcoming ski season because my table is the larger than others.) There are two “living rooms” on two different floors. The only real challenge could be the bathroom setup. My chalet only had two bathrooms all on the ground level. Maybe I’ll add another bathroom later when the town connects sewer to our street.
There are a few very nice luxury chalets built in the past few years. They have 8 bedrooms and 6 baths. That’s more like a modern up-to-date design.
These chalets serve a very niche market that’s different from most other vacation rentals. And it’s quite a mature market existed long before VRBO and Airbnb came into place.
Specifying just my town name and 16+ people (yes, max number you can enter as a search criteria in Airbnb), you end up with 127 homes! If you move the map a little bit to just include the core vacation area, then the number goes down to 90. THAT’S A LOT OF COMPETITIONS!
What I do notice is that almost all superhosts’ properties are listed on the 1st page of the search result.
Got season #1 and #2 DVDs from Amazon UK. Popped them into my DVD player and Blu-Ray player. Neither could play. Restricted by region code. Bummer!
They used to clean themselves when they only had one rental, but then they hired a cleaner.
Thanks, Inglewood! I’ll check it at Lowe’s.
You mentioned about Air Miles. They’ve changed so much, so I don’t even know whether I should still collect it anymore. They now have two different award points. I have no idea which one to collect. What’s your opinion on collecting Air Miles?
I need to invest a vacuum for my rental too. Which model do you have, Jay?
I guess it depends on what type of rental you have and the location of it. Ryanne’s is a country side vacation home for people to enjoy outdoors. A lot of guests would be natural dog lovers and want to have their dogs enjoy the outdoor with them.
The host of another podcast that I listen to always says she prefers dogs over toddlers/kids ‘cause dogs don’t eat pizza on couch. LOL
You are doing great! Getting all the job properly done at the front end is the right way to do it. See how Jay & Ryanne took their time to set up their rentals. I’m on the other hand only doing smaller scale projects/upgrades during shoulder seasons. Not the best approach.
Let’s start a petition to bring back the podcast. LOL
2 nights minimum might get you started faster. Once you get enough good reviews and become a superhost, you might then start tweaking with the minimum nights and rates. Just my two cents. I’m new too.
In IKEA Canada, they still have a similar one: https://www.ikea.com/ca/en/p/vadholma-kitchen-island-black-oak-20359154/
So I guess you are close to Bruce Power? Without year-round short-term guest supply, it’s going to be hard to run as a short-term rental.
My place is at Blue Mountain, so both winter and summer are high seasons for me. Spring & Fall are my low seasons, especially April & November.
Do you live in or near a tourist destination? If so, short term rental will definitely give you better income. Or if it’s just a great neighbourhood and you can find good tenants, then long term rental will be more passive and hands-off with a steady income.
In my city (Toronto), some long term rental (condos) might not even carry a positive cash flow. However the city also puts rules on short-term rental (180 days max unless you are only renting out part of the unit).
So, there are lot of things to consider depending on location, type of property, neighbourhood, government regulations, etc.
