whether or not you should remodel your “rustic and charming” vacation rental? Will these remodeling costs and expenses actually bring you more revenue?
I’m sure any of you that have those “authentic” looking vacation rentals would love to be able to drop a few bucks into remodeling and updating, but the daunting thought of the expenses, construction and finding someone you can trust to remodel, can be paralyzing! And to add salt to the wound, there is no guarantee that you will see that increased revenue which is the whole purpose of going through such an exercise after all, isn’t it?
I’d like to share some thoughts we’ve found at MammothRentalByOwner.com. It seems that the greater or more complete the remodel is, the higher the percentage increase in revenue return is! For example a kitchen remodel will generate a 25% increase in nightly rental rate and a 20% - 35% increase in reservations. If you do the math, you will see there is a definite correlation and a reason to remodel. In turn the break-even point is within reach and the residuals of your renovation assure future increased income. Find your Romeo and live happily ever after with extra money in your pocket.
#mammoth395 #donthaveadump #mammothcondoremodel #mammothrentalbyowner
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( 3 / 5916 )Not knowing this about your Homeowners Insurance could cost you thousands!!!
You just purchased your lifelong dream of a vacation property. Of course you are excited and want to protect your investment, so you purchase Homeowners Hazard Insurance. You settle back and begin enjoying your home and the perks of a vacation rental. Then, one day the water heater springs a leak all over the floors of the bedroom and bathroom. Your vacation renters are needless to say upset but you take care of them. Then you contact your insurance company to report the claim thinking that you are covered. During your conversation with the claim representative you are asked how long the renter was at the property. You reply, “5 days”. Then your claim rep lowers the “boom”! Your vacation rental property is not covered for short term rentals. You are in shock, in disbelief. You read the policy and it states that “rentals” were covered. You are stunned!! You try talking to the claims rep buy the words are having trouble coming out because your brain is frozen in time by the news that your insurance policy did not cover short term renters. Somehow you manage to utter the question “how is this possible”? The claims rep explains that rentals are covered provided they are 30 days or longer but since this was a 30 days or shorter your claim is not covered (and you are “screwed”!)
What just happened? Most if not all insurance agents fail to mention there is a BIG difference between “regular” Homeowners Hazard Insurance and Homeowner’s Hazard Insurance for vacation rentals which are 30 days or less. Most Insurance companies do not offer Home Owners Hazard Insurance for vacation rentals 30 days or less.
This leaves you now on a search for a needle in a hay stack, that elusive Homeowners Hazard Insurance Policy that will protect your property in the event of damage that might occur while you have a vacation rental. You are left feeling frustrated, annoyed and out of lots of bucks if you have a claim that is not covered. But there is hope. We at MammothRentalByOwner.com are affiliated with an insurance company that can provide you the insurance coverage you need for your vacation rental, all at a price that is comparable to “regular” Homeowners Hazard Insurance. Get the right policy, that will do it all for about the same price; compared to a policy that would leave you looking and feeling like a “walking dead”. Be an insurance policy survivor!
#mammoth395 #walkingdead #rentalinsuranceoops #mammothrentalbyowner #wecanhelp
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( 3 / 6854 )If the Meadows fire has put a damper on your trip to Yosemite, then head to Mammoth Lakes instead. Right now we are offering great discounts on the best properties in town! Visit our website for lodging details and information on everything you need to know about Mammoth!
Check out the 1st annual Whiskey and Brew Fest at the Village! The event begins this Friday with live music and food, and continues through the weekend with whiskey and beer tastings starting at 4:30pm on Saturday. With more than 30 distilleries serving their best rye, bourbons and whiskeys, this is sure to be a good time!
Also, next Thursday September 18th marks the start of The Kamikaze Bike Games! Watch some of the biggest super stars of the sport compete on the 3.4 mile downhill course! Hitting speeds of up to 60+ mph, this event is one of a kind!
#mammoth395 #mammothfun #cometomammoth #mammothfallfun
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( 3 / 6491 )Our Throwback to 1960’s rates are here! Stay at one of our selected properties between September 15th – November 12th and save 30% on the room rate! Click here to find the perfect rental for your upcoming trip to Mammoth Lakes (discount promo codes are listed on each property listing).
And we promise…our rates are a throwback to the 60’s but not our rentals! We offer beautifully updated accommodations in the best locations, reserve now to take advantage of these great deals!
#1960rates #mammothfun #mammoth395
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( 3 / 6556 )#TBT 1960's Lodging Rates coming Monday. MVP Lodging Discounts here!
Save 30% of your lodging needs. Book now and seize the moment. Indulge your senses and come to Mammoth!
Have questions about Mammoth, lift tickets, lodging, restaurants and things to do? Give us a call (818)883-2488
#mammothdiscounts #mammoth395
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