Understanding Occupancy Tax for Vacation Rentals
Understanding occupancy tax is crucial for vacation rental owners to stay compliant and avoid fines. This guide explains what occupancy tax is, how it applies to short-term stays, and offers practical steps for collecting and remitting taxes correctly.
Maximizing Revenue in Vacation Rentals
Owning a vacation rental can be rewarding, but maximizing revenue requires strategic pricing and trust in professional expertise. This article explores the importance of dynamic pricing, how professional property managers can optimize your rental’s earnings, and the drawbacks of micromanagement.
Choosing the Right Property Management for Your Vacation Rental
Choosing the right property management approach is essential for the success of your vacation rental. This guide explores self-management, hybrid management, and full-service professional management options, detailing their pros and cons. Learn how a partnership mindset can enhance your experience with property managers, and discover how LocalVR's expertise can help you maximize your rental's potential.
Is Renting Out Your Home Right for You? Understanding Damages and Wear & Tear
Renting out your home as a vacation rental can be rewarding, but it's important to understand the realities of wear, tear, and potential damages. This guide explores the differences between normal wear and actual damages, helping you assess your comfort level with the risks involved.
The True Cost of Owning a Vacation Rental
Owning a vacation rental property can be profitable, but it comes with significant costs and responsibilities. This article explores the true costs involved, including initial investment, ongoing expenses, and the need for financial preparedness to manage unexpected repairs. Learn how to plan for both expected and unforeseen costs to protect your investment, and discover how partnering with LocalVR can ease the challenges of property management while optimizing your rental's performance.
7 Tips for a Great Vacation Rental Shoulder Season
Wondering how to score more short-term rental bookings during the shoulder season? Explore 8 tips for a fantastic vacation rental shoulder season.
Premier Host and Superhost: How to Become One on Vrbo and Airbnb in 2024
Your complete guide to the Premier Host program on Vrbo and the Superhost program on Airbnb.
A Guide to Instant Booking For Vacation Rental Owners
Learn why and how instant booking could help your vacation rental business.
Should You Rethink Your Airbnb and Vrbo Minimum Stay Requirements?
Find out a quick definition of Airbnb and Vrbo minimum stays and explore how they can impact your vacation rental business.
4 More Guest Communication Strategies for Vacation Rentals
Today we’re bringing you four more strategies to impress your vacation rental guests with your communication skills.
5 Tips to Improve Your Vacation Rental's Lighting
Today, we’ll be going over five tips that will help you to improve your vacation rental’s lighting.
Which STR Performs Better: Apartments, Condos, or Houses?
Explore how different property types perform on the vacation rental market.
Watch Out For 6 Vacation Rental Booking Red Flags
From parties to stolen credit cards, we explore 6 vacation rental booking red flags to watch out for.
How to Build the Best AirBnB Listing
We highlight some of the best ways to build a successful Airbnb listing for your vacation rental.
The Pros and Cons of Different Vacation Rental Pricing Strategies
What pricing method works best for vacation rentals? Join us as we dive into the pros and cons of static pricing, seasonal pricing, and dynamic pricing.
6 Spring Cleaning Tips for Vacation Rentals
Today, we’ll cover six of the best spring cleaning tips for cleaning your vacation rental.
Your Complete Guide to Direct Booking in 2024
Find out the benefits of utilizing a direct booking site, how to create one, and how to market it successfully.
Why You Should Follow Industry Vacation Rental Data (and Where to Find It)
We’ll cover a few reasons why you should follow along with vacation rental industry data and give you some tips on where to find it.
Know Your Industry Terms: What are KPIs and Which to Pay Attention To
Explore what Key Performance Indicators (KPIs) are and which ones matter for your vacation rental business.
A Guide to the Short-Term Rental Market for Realtors
For realtors and real estate agents who have been thinking about breaking into the vacation rental market, we’ve compiled just the guide for you.