Surf City, North Carolina – Carolina Retreats, a specialty lodging and vacation rental management company, has taken over management and operations of the historic Loggerhead Inn, a boutique 36-room ocean view motel, located in downtown Surf City on Topsail Island, North Carolina, from Loggerhead Holdings LLC. The inn will be managed through Carolina Retreat’s affiliate, Topsail Realty Vacations. Mike Harrington, Carolina Retreats CEO, made the announcement.Continue reading Topsail Realty Vacations to Take Over Operations of the Historic Loggerhead Inn in Surf City, NC
When It Comes To Vacation Homes, Technology Matters A Lot
While not all travelers completely unplug on vacation, respondents to a recent survey say they browse the web and check email less frequently (62%) while on vacation and more than half (54%) would not give up their cell phone for a week in exchange for an extra week of vacation! Their needs go far beyond a strong Wi-Fi connection though.
Jen O’Neal from Tripping.com had this to say about technology in vacation homes — “Wi-Fi is a necessity! Considering how many people need to work while traveling, or even just want to share their latest vacation photos to friends and family at home, Wi-Fi is definitely a key amenity for vacation rentals to offer.”
Vacation Home Interior & Exterior Checklists
When it comes to what matters most in the interior of a vacation home, kitchens are at the top of the list! Vacationers want the ability to make their own meals and list it as a major factor in choosing a vacation home over any hotel or motel. In fact, 67% said they averaged two or three meals a day at their vacation rental, and only 8% admit to eating every meal out in area restaurants.Continue reading Vacation Home Interior & Exterior Checklists
Survey Says…What Today’s Travelers Want in a Vacation Home Rental
More people than ever want to travel the country and when it comes to accommodations they don’t want to settle for a basic hotel room or campground. Private vacation home rentals are becoming more popular than ever not just with Baby Boomers but for Millennials, too. From home-sharing sites to luxury vacation rentals, travelers prefer a more customized approach to their annual vacation. Today’s travelers are not interested in living in a single room such as a hotel provides.Continue reading Survey Says…What Today’s Travelers Want in a Vacation Home Rental
Is Your Vacation Rental Prepared for a Hurricane?
The recent close call with Hurricane Irma many owners of vacation property questioning how prepared they really are for a big storm. For those who just purchased their first vacation rental, there are things you need to be aware of to keep your home and your guests safe both before the storm and afterwards. The time is now to put together a hurricane preparedness plan to keep your guests and your property safe.
Understanding the Different Property Types
When it comes to choosing a rental property for investment purposes you should clearly understand the terminology. Rentals come in a large assortment of shapes and sizes, ranging from private apartments to spacious villas and homes with a vast number of bedrooms large enough to hold a crowd.
Knowing the variations between the different types of properties will help property owners market their vacation rentals fairly and competitively.
Bungalow: A bungalow is a single story home, usually with a broad front porch. Bungalow homes provide easy mobility for the elderly, physically challenged and small children. Bungalows provide lots of charm since many of these types of homes were built in the early 1900’s. You can find them oceanfront as well as set back into neighborhoods. Very often oceanfront bungalow’s will have wooden decking that leads over marsh areas and dunes to get to the beachfront. These decks often have stairs.
Condominium: A condominium is a unit that you own and it’s located in a larger building. In many places like here at the beach, those buildings are high rises. Typically you’ll pay a condo association fee to cover for the communal areas, for example, hallways, workout facilities and pool areas. While you do not own the areas, you contribute to the maintenance through your condo association fees, and have full access to these areas. Lifestyle amenities such as pools, fitness rooms, lazy rivers, and occasionally on-site restaurants are just some of what you may find.
Cottage: A cottage is typically small, single story, freestanding home similar to a bungalow. Cottages are cozy and are found in neighborhoods, oceanfront and rural locations. You can find them oceanfront as well as set back into neighborhoods. Very often oceanfront bungalow’s will have wooden decking that leads over marsh areas and dunes to get to the beachfront. These decks often have stairs.
House: A house is a freestanding dwelling used as a permanent or semi-permanent residence for an individual, family or several families at a time. When provided as a vacation rental, a house is fully furnished and decorated. It will have various bedrooms and bathrooms and is equipped with a full kitchen and laundry. There may also be an attached garage and features like a deck or swimming pool.
Townhome: A townhome may have similar features to a freestanding home, such as a garage, but usually has at least one shared wall with a neighbor. Townhome owners are ordinarily responsible for the upkeep of the grounds that come with the property. Townhomes may also have associations similar to condos, and have common areas such as a pool or workout facilities that are shared by the community.
Villa: Villas are vacation homes that are similar to a hotel in their amenities, but resemble a large, luxurious home, typically on a large estate that is well-manicured and lavishly decorated. Since villas are more commonly associated with vacation properties, it is not common to own one except for vacation or commercial use. These properties are also typically much larger than a standard condo or townhome.
If you’d like additional information on the various types of properties available for purchase or for use as a vacation rental, please don’t hesitate to contact Topsail Realty at your convenience. We’d be happy to discuss the opportunities available to you as a potential vacation property owner.
Well-Stocked Vacation Rentals Get Far Better Reviews
If you think it doesn’t matter what size or type of bar soap you stock your vacation rental with you might want to think again. In today’s market everyone is posting reviews on sites like Google, TripAdvisor and Yelp! among others. You can’t afford to give them any reason to post anything less than a stellar review.Continue reading Well-Stocked Vacation Rentals Get Far Better Reviews
Upgrade Your Vacation Rental to Maximize ROI
Upgrading your vacation rental can lead to a long list of benefits, among those being maximizing your ROI. In addition to increasing the value of your property, vacationing guests will appreciate the upgrades and leave great reviews online. Upgrading your vacation rental may also allow you to charge a higher rate, depending on your upgrades. Vacationers are willing to pay more for a superior experience.Continue reading Upgrade Your Vacation Rental to Maximize ROI
4 Surefire Ways to Make Your Vacation Rental Stand Out Online
Many owners of vacation rental properties wonder how to compete with all the other vacation homes in the area. How do you make your rental shine amongst hundreds of other rental properties? Below are some tried and true methods for having your vacation rental really stand out heads above all the others.Continue reading 4 Surefire Ways to Make Your Vacation Rental Stand Out Online
How to Keep Track of Your Rental Business Expenses
If you’re the owner of vacation rental property you probably already know how much paperwork can be generated. You don’t want to lose track of a single expense or receipt because at tax time they’re the difference between owing a lot and not.Continue reading How to Keep Track of Your Rental Business Expenses