5 Things To Consider When Buying A Vacation Rental
Looking at purchasing a vacation home but would also like to rent it out to cover expenses. Consider these five points in deciding where and what you want to purchase. If you are purchasing a second home for your enjoyment and not for 100% investment purposes then this article will provide insight. One: Find a…
No Keys = Safe & Easy Vacation
You have arrived at your vacation rental and you’re excited about beginning your vacation. You’re headed out the door with your group of 8 friends or family members be to begin exploring your destination but some of the group wants to come back early or at different times but you only have two keys. What…
Trivago, Expedia & Nomadness Together
The vacation rental market is again attracting attention with this week Trivago announcing the integration of Expedia’s HomeAway vacation rental inventory into its hotel search platform. Trivago recognizes challenges in offering both hotel and residential properties and has plans ensure that customers are not overwhelmed by offers. Expedia has been working on its e-commerce flow for HomeAway’s 1.5…
Vacation Rental Pie. How Big A Piece Do You Want?
We all know the big players in the vacation rental market. Airbnb, VRBO, Booking.com, and FlipKey. What about local management companies in areas such as Mammoth Lakes. How much direct traffic does NomadnessRentals drive to rental properties in Mammoth Lakes compared to the global OTA’s like HomeAway, Airbnb, Booking.com, Expedia, and VRBO? Chart #1 Let’s start with…
Reviews. How Important Are They?
Companies can make beautiful websites and ads and promise the world but what they deliver can be two different things. Reviews provide the true consumer experience with the company. Now granted there are some consumers that are overly critical and then there are consumers that are easily pleased. When all the reviews are lumped together…
Is Bigger Better?
These days it seems that we are constantly being bombarded with announcements of bigger and better is the answer to everything but is it? In the vacation rental market, this seems to be a common theme these days. Big agencies are buying out smaller property managers and then touting that bigger is better, they have more…
Homeowners Ins or Vacation Rental Homeowners Insurance
They both protect your vacation home equally or do they? The recent fires that California is experiencing has brought to the forefront the importance of having the correct homeowner’s insurance policy to cover damage and loss of rent for your vacation rental. Large domestic homeowner Insurance policies have either inadequate or even improper coverage for vacation rental…
Automation vs Experience Which Do You Trust?
Today I came across a new feature Airbnb is offering to short-term rental owners. This automated service allows homeowners to plug in their address, the number of bedrooms and bathrooms and the system generates the projected revenue and occupancy. The automation projects % occupancy, average nightly stay, and annual gross rent. Sounds cool, right? Wrong, after performing…
New Options for Vacation Management for Owners
Being a property owner of a vacation rental can be time-consuming, stressful and overwhelming. It can also be rewarding, exciting and profitable.Owning a vacation rental requires many different components from understanding legal aspects, property insurance, damage, rental contracts, transient occupancy tax, pet laws, and a laundry list of other smaller to medium concerns. How can you…
Why What and How We Do What We Do and for Who We Do It For
Why What and How are the questions you should ask any company if you plan on working with them. As a vacation rental homeowner, these are the three most important questions you should ask your property management company because it will give you the insight to the companies philosophy, operations, and alignment with your goals. Nomadness Rentals Answers…