Vacation Rental Properties in Destin – Tips to Improve Your Listings and Profitability

Vacation Rental Properties in Destin

The vacation rental business has seen quite a boom in the last few years with more and more families looking for affordable options for accommodation during their vacation stay. This way they can be comfortable and yet save some money which they can spend on other travel expenses. As hotels are getting expensive, the vacation rental business is booming fast.

Vacation rental property investment is profitable for the investor in 3 ways:

  1. You can earn rental income with short or long-term rentals.
  2. You can save on rental taxes.
  3. You will always have a home in a popular tourist destination where you can stay with your family during your vacation and save on accommodation expenses.

Destin is very popular with millennials for real estate investments. This is because properties here are more affordable than other metros of Florida and provide a good rental income being a popular vacation spot with its mesmerizing beaches and wonderful weather. There are many adventure activities that people look forward to during their Destin vacations.

Vacation rental property

As an investor, if you are looking for homes for sale in Destin, you can check out the real estate listings on DestinFlorida.com. It is the most reliable resource blog for getting information about anything in Destin, whether it is property listings or booking your stay. The website has a huge listing of properties along with their demand prices and includes all sorts of properties including townhomes, cottages, apartments, condos, and private homes.

The only problem is that buying a property is one thing and managing the rental business is another. It involves a lot of factors and here we will sum up a few of them.

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Tips to make your property visible for travelers

property visible for travelers

1.    Improve the quality of your listing:

  • Ensure to upload high-quality photos of your property along with the listing.
  • Give a thorough description of your property and use the best features to highlight the title of your listing.
  • List all the amenities that you will be providing to travelers during their stay.
  • If possible, upload a video to provide a virtual property tour.
  • Follow cleaning practices effectively especially sanitization protocols as we are living in covid-19 times.

2.    Use instant booking tools:

  • This automatic booking tool will allow interesting travels to book exactly when they have made up their mind.
  • Sometimes, when we respond to inquiries after some hours, many travelers do change their minds especially if they have got a better deal.

3.    Keep your inbox organized:

  • This is important so that you never miss an important inquiry.
  • Keeping your inbox dashboard clean and organized will help you in focusing on conversations that require immediate attention.

4.    Give quick responses:

  • This is crucial as the bookings may slip by if you are always sending delayed responses.
  • It will also negatively affect your customer rating and hence, future bookings will be affected.

5.    Provide multiple forms of payment methods:

  • From online payment modes to credit card payments, provide your guests with options through which they can make their payments.

6.    Do not forget to take their feedbacks:

  • In the end, taking feedback is necessary.
  • Positive ones will help you in building trust with people looking for a rental property.
  • Negative ones will help you in improving your services.
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Tools that can make your management of rental booking easier

  • You can download the owner app on your device to manage inquiries and bookings and give quicker responses.
  • Text alerts will give you notification regarding an inquiry giving you a chance to return much quicker and hence, not lose on a potential booking.
  • You can use the dashboard of a good property listing website to keep a check on the calendar, update any last-minute changes, and rules book.

Read also: Travel Deal Websites Make Booking Your Trip A Lot Simpler

Steps to prepare the property before the arrival of guests

property before the arrival of guests

1.    Provide thorough check-in instructions:

  • This will improve the pre-arrival experience of your guest travelers.
  • Property address and an access map must be included in those instructions.
  • You should also mention the check-in and check-out timings.

2.    Stock all the essentials:

  • Toiletries including toilet paper, shower gel, hand wash liquid, shampoo, and clean towels should be well-arranged and stocked.
  • You can also include moisturizer and sanitization wipes or liquid for a better experience.
  • Your travelers should have access to free drinking water.
  • The kitchenette should also be stocked with tea and coffee bags, sugar, milk, and all the basic amenities like an electric kettle.
  • Apart from this, you can also stock some packaged food which they can avail at extra costs.

3.    add safety features to your property:

  • Fire extinguishers, smoke detectors, and deadbolt locks are essential to protect your travelers during their stay.
  • This will also ensure their sense of well-being while booking your property on rent.
  • You should also include outdoor lighting for easy maneuverability of the pathway if they want to sit out during late hours.
  • Lastly, your property should be equipped with a first aid box for any emergencies.
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4.    Make all necessary repairs:

  • Before each book, check if all the appliances are in good working condition.
  • Repair any water leaks.
  • Check for the functionality of all lighting fixtures, air conditioners, and thermostats.

If you feel managing a rental property is too much of a task and you cannot afford to do it all by yourself, you can always hire a property manager in Destin Florida.

Vacation Rental Properties in Destin

You can also invest in condos located in localities that are near popular tourist spots. They are more affordable and require less maintenance and security requirements. The travelers also feel that they are a part of a community and giving them a chance to make new friends. Because of their location, condos also provide beautiful balcony views at half the cost of a hotel and are thus, very popular among people who are on the lookout for vacation rentals.

In the end, having a self-owned property in a place like Destin always ensures that you have a travel-ready place whenever you feel the need to hit the beach with your family. This is why investing in real estate in Destin is a win-win situation from all angles.

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