How To Rent Vacation Properties By Owner Podcast
Summary: HomeAway.com's Christine Karpinski, author of the two books, How To Rent Vacation Properties By Owner and Profit From Your Vacation Home Dream interviews experts for the latest tips, news, facts and figures on the Vacation Rental Industry. Christine Karpinski is the Director of Owner Community for HomeAway, Inc. In this role, she educates second home owners on all aspects of running a successful vacation rental business. Christine leverages the company's leading position in vacation rentals to shape improvements in and promote the vacation rental industry, as well as continue her work as an independent author and speaker. Christine was a stay-at-home mom who desperately wanted to own a beach home, but couldn't afford one. After much research, she discovered the way to realize her dream was to own and rent the property herself, using the "rent by owner" vacation rental model. Christine purchased her first vacation home in Destin, Florida, nearly 10 years ago and quickly became a powerful voice for vacation rental owners. In addition to hosting the â€œHow to Rent Vacation Properties by Ownerâ€ podcast at HomeAway.com, she's also a frequent guest on television and radio shows such as CNN's "Open House," Bloomberg's "Personal Finance," CBS MarketWatch Radio, and HGTV Radio, and is often interviewed on real estate topics for Realty Times, The Wall Street Journal, Kiplinger's Personal Finance and daily newspapers. Her books, combined with her seminars and media appearances, have helped thousands of people manage and profit from their second homes. Today Christine owns multiple properties and is often referred to as "The Most Respected Voice in the Vacation Rental Industry."
Christine speaks with Dottie DeHart of DeHart and Company Public Relations about strategies for gaining media attention for a vacation rental home. How can you get journalists to write about your vacation homes rental property? Should you hire a PR agency? Should you write press releases?
Today’s question comes from Mike, he asks: I want to protect what is important to me. Our house, although close to attractions, is in an extremely isolated area and I view this as an asset. I am thinking about remote surveillance cameras. Not inside the house but to monitor outdoor activity. First, I would love to see people going in and out of the house(specifically how many people). Socond, to check up on my housekeeper. Third, to make sure guests follow our rules with our hot tub. You know, over-crowding , no small children, no glass, etc. So Christine, What do you think about the cameras? And do I legally have to inform the guests that there are cameras.
Christine speaks with Eva Pickens, Homeowners Association Manager for Newman Daily Resort Properties. They discuss the duties and responsibilities of HOA officers and board members. They also discuss the importance of your vote in your vacation home HOA.
Today’s question comes from Cory, she asks, I have a last-minute opening in my vacation rental. Are there any secrets you have to getting it booked?
Today’s question comes from Margarita. She writes: When we bought our vacation home, we intended on using mainly as our second home. We decided to rent it out to off-set some of the costs of ownership. We’ve been renting it for just about 5 years now and the rentals are going very well. But our problem is our vacation home seems as if it has become “all work and no play”. Whenever we visit, we spend most of our time doing maintenance, cleaning, supplying etc. Will I ever get to enjoy my vacation home again?
Today podcast is the continuation of last week's conversation with Brian Sharples, CEO of HomeAway Inc., (HomeAway.com, VRBO.com, VacationRentals.com, etc.). Christine talks with Brian the IPO, the many changes with the company and ultimately what this means for the owners and property manager who list their homes on the company’s websites. This is part two of a two part interview with Brian Sharples.
Today’s guest is Brian Sharples, CEO of HomeAway Inc., (HomeAway.com, VRBO.com, VacationRentals.com, etc.). Christine talks with Brian the IPO, the many changes with the company and ultimately what this means for the owners and property manager who list their homes on the company’s websites. This is part one of a two part interview with Brian Sharples. Tune in next week for the continuation of their conversation.
Today’s question comes from Joseph, he asks, Christine, I have lowered my rates for my 3 bedroom cabin from $160/night all the way down to $99 per night and I’m giving free cleaning fee and free pet stays. With all of this I still cannot seem to get any bookings! Do you have any suggestions for me?
Christine speaks with frequent vacation rental traveler Julie. She’s been renting vacation homes three to five times per year for more than ten years. Feedback from guests can often give you important feedback for you or your home. Julie shares her recent experience in renting a vacation home and offers suggestions from a traveler’s perspective.
Today’s question comes from Susan, she asks, I often get inquiries for one-night bookings. I would love to hear your opinion on one-night stays, do you accept them at all?
Christine Speaks with Trina Savage-Christian, director of CITA (Cayman Island Tourism Association). Trina shares the advantages and benefits of joining your local Tourism Assn., Chamber of Commerce or Visitor and Convention Bureau. In many areas the tourism boards are free (or inexpensive) to join; if you don’t register your vacation rental business, it could be a missed-opportunity for you.
Today’s question comes from Andrew. He asks, "If I take credit cards for my vacation rental, how should I handle the security deposit? Do I take it via credit card or should I require a check. And if I take it via credit card, how do I avoid the fees associated with charging then refunding their security deposit?"
Christine speaks with Mary Song of Yuupon.com about advertising vacation rental properties through social coupon websites. Mary gives tactics for filling your last minute dates and slower season using coupon websites services such as Yuupon.com, Groupon.com, LivingSocial.com, etc.
Today’s question comes from Gina she asks, I am sure you and other owners have this same dilemma, I always have friends who call and ask me to stay “rent” or should I say stay for free at my vacation rental. How do you handle this?
How many times has a charity asked you to donate a week of your vacation rental for a charity’s silent auction? Before you do, you should listen to this podcast. Christine talks with Michal McFadden of VacationHomesforCharity.org