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Renting out a vacation home is a growing and largely unregulated industry. Pop the place up on Craiglist and a homeowner is in business. The National Association of Realtors reported that the ...
However, renting out a vacation or second home is not as simple as it seems. While renting out your vacation home is a great opportunity, you must run it like a business. And remember, there are ...
As the homeowner, your increased equity could mean listing the home for a higher price when it’s time to sell, having the ability to increase the rent or even taking out a better loan on a new ...
A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
Vacation rental – term in the travel industry meaning renting out a furnished apartment or house on a temporary basis to tourists as an alternative to a hotel; Vernacular architecture – traditional architecture in a particular area; Wilderness hut – a rent-free, open dwelling place for temporary accommodation
The website soon became popular with homeowners that wanted to list their properties for short term rental. [2] [3] By 2006, VRBO had over 65,000 rental listings [4] and was adding 100 new listings per day. [3] VRBO originally had a subscription business model in which payment of an annual fee allowed homeowners to list their properties on the ...
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