Vacation Rental Accidents: What to Do

Spring break is just around the corner, and that means that a lot of people might be itching to escape to a new place. It may also mean that you are itching to leave Florida and head to a new destination in order to avoid the spring break madness. Renting an apartment away from home on a website like AirBnB can be a lot of fun, and it can also open up many new horizons – you will, after all, get to see what it’s like to really live as a local.

But what happens when an accident occurs on a rental property? Who do you call and who is to blame? While the laws in every state are different, there are some basic things that you should do right away if you are injured on a property that is not your own.

We’ll also cover what you should do if you rent out your property and someone becomes injured while staying in your home.

Before you book any vacation rental, take a close look at this!

Renting to Strangers

When you rent out a home to a stranger, you should be aware that there is always a possibility that someone might get hurt while staying at that location. If someone that is renting from you calls and tells you that they have become hurt, here are the steps that you should take right away.

  1. Since you are not at the location at the time of the accident, make sure that the injured person visits with a reputable doctor right away. Ask to see that report.
  1. If you have a friend or family member in the area, ask that person to visit the property when the accident happens, and ask that person to take as many photos as possible.
  1. Make sure that the injured person files an accident report at the hospital or with the police. This way, you can be sure that what happened has been accurately documented.
  1. Make your way back to the property as soon as possible – and make sure to review your insurance policy. You may also want to look into any injury policies that may be part of the service you used.

Following the steps above is important, but there are also some things that you should absolutely not do including:

  1. Do not take the person’s word and send or wire money to cover the cost of injuries
  1. Make sure that the doctor the person visits with is reputable – there are a lot of scams out there!
  1. Never alter the scene of an accident, no matter what.
  1. Do not lie and say that you were on the property when you were not. The truth always catches up to you!

Injured When Staying At Someone’s Home

So what do you do if you’ve rented a gorgeous property, and you become injured? Follow these steps:

  1. Go to the hospital right away, so that your injuries are documented.
  2. Take photos of the area where you fell or hurt yourself
  3. Do not tamper with anything inside of the home
  4. Do not lie about what happened
  5. Do not try to solicit money from the person renting to you.

The most important thing to remember when renting to someone or renting a property somewhere else is to always document every detail. Never leave anything undocumented, and always tell the truth.

Tips to Consider Before You Opt for a Short Term Rental

If you are going to take a vacation in the near future, we suggest that you consider a short-term rental service. You will have a lot of options to choose from. Usually, these homes have all that you need to spend your vacation comfortably. Read on to find out more.

Nowadays, economic circumstances have lead people to opt for short-term rentals. Aside from individuals, companies have made changes to how they work. In other words, their employees have to go to different sites from time to time. In the same way, tenants have similar needs to meet.

You can find a lot of letting agencies that offer short-term rentals. This helps tenants find an accommodation that has all the required facilities. Normally, this type of residence has a high standard, which means they have all the stuff you need on a regular basis. The only things you need are your clothes and suitcases.

Now, if you are going to move to another city, make sure you do your homework first. This will help you opt for the best area. If you are moving to another city on work, we suggest that you choose a rental home that is located in that city. This is important to consider because you need a lot of amenities when you are working in a city.

If you are going on a vacation, on the other hand, then your best bet is to find a rental apartment that is located away from the city. No matter which option you opt for, make sure you consider your budget.

Once you have chosen an area, you may want to search for short-term rental service in your desired area. Take a look at different apartments and once you have found one, find out how much it costs. Usually, short-term rentals don’t come with a lot of restrictions. You can get a discount if you are going to stay there for a longer period of time.

If you are an employee, we suggest that you consider company rentals. Usually, they work the same way private rentals work, but they are a bit different from regular rentals. The competition between these providers is stiff as they want to get the best deal. Employees tend to prefer company lets as they have a lot of amenities.

Some short-term rentals are in touch with companies that need shorter lets from time to time. They can be a good option, especially if you have a company.

If you are a leisure traveler, you may want to go for short-term rentals. The reason is that these rentals are properly furnished. They have amazing kitchens that will save you a good deal of money as you won’t have to eat out. Typically, the rental price includes all the charges.

Nowadays, short-term rentals are quite popular. If you are going to move to another city for work or want to go on a vacation, you may want to consider a short-term rental service. Hope, this article will help you choose one easily.

Can A Log Cabin or Mountain Vacation Home Pay For Itself?

When the real estate market was thriving, vacation homes were a luxury that only those with expendable income could dream of owning. Today’s market sets a different tone for second homes with a country wide rise in affordable properties and some of the lowest interest rates in centuries. While second homes of years past may not have been able to pay for themselves, is it possible for today’s vacation home to pay for itself?

When vacation homes were more of a luxury and finding affordable log cabin foreclosures was like searching for lost treasure, the idea of renting out a property for a few weeks a year to counter expenses and taxes often left owners falling short. However the market is flooded with mountain homes for sale and log cabin foreclosures galore. The log cabins and mountain vacation properties available now have a greater chance of producing a positive cash flow if the buyer is diligent in making sure it does just that.

An affordable second home purchased at or below market value would need to be rented for at least 12 weeks out of the year to start paying for itself. This is about 3 months, and for mountain vacation rentals this works great for summer rental properties, but can work equally well for log cabins located in ski areas or attractive fall foliage areas which can extend their renting season beyond the 12 weeks of summer. With renting out a mountain vacation house you have to book the property early. Leave room in your rental price to offer a discount for booking the property for the next year to encourage return renters. It also pays to advertise your log cabin or mountain vacation home on the Internet where you are able to reach a wide audience for minimal expense.

A huge money saver and big step for making your mountain vacation home pay for itself is to leave the middleman out of the picture. Management companies suck upwards of 30% of your rental income into their pockets and not in yours. Handling rentals and maintenance isn’t that difficult, even from a distance. Consider a reasonable property manager instead of a property management company but check the references well as a bad property manager has the potential to hit your return on investment pretty hard. You should take the time to establish relationships with local services near your mountain vacation home and a simple calendar can make scheduling rentals a breeze.

Selecting the location of your mountain vacation home or log cabin will also play a big role in its’ ability to pay for itself. Obviously you will want to select a property in an area that people would want to rent. This usually means a resort area or an area with local attractions in addition to a beautiful mountain setting. Once you select an area to purchase a mountain vacation home, you are going to want to check to be sure the area does not have any fees for vacation-home-owners or costly permits for renting out the property for less than a month at a time. These fees would have an obvious negative effect on the bottom line of your investment and you would need to adjust your weekly rental rate accordingly.

If you have decided to take the plunge and are looking to purchase a mountain vacation home and have it pay for itself, here are the final questions that you need to ask yourself. Are you ready to invest a lot of time and research into costs, maintenance, taxes and more before buying anything? Are you willing to give up use of your great mountain vacation home during the peak renting seasons for at least the first three to five years? Are you willing to put in necessary work for unforeseen issues that arise with any property purchase? And finally, you need to be sure that you can cover the cost of the property should times get rough or you are unable to rent. If you can answer yes to all these things, you just might be ready to buy a log cabin or mountain vacation home that can pay for itself.

Vacation Rentals vs Hotels, Which Is Better?

When you plan a vacation, you may automatically think of taking your family (or just yourself) and checking into a big hotel. With so many airplane + hotel + car rental packages out there, it's easy to get sucked into that frame of thinking. And in the long run, you can often get the best vacation deals by going that way. Still, there are other lodging options you might wish to explore.

Vacation rentals, for instance, offer many amenities that the majority of hotels do not. Usually owned by regular folks (renting a vacation home means helping a "mom and pop" business instead of a big corporate-owned hotel), vacation rentals tend to give you full kitchens and multiple bedrooms. They're available everywhere you might wish to stay too. You can find condominiums or houses (with detached homes you get the ultimate in privacy for your vacation) in any part of the world.

If you prefer to be surrounded by the hubbub, you can find rentals in the middle of the action (perhaps a condo on the Las Vegas strip or a cabin with ski-in-ski-out convenience tickles your fancy), but you can also find rentals that cater to peace and quiet. Many of these homes are set back from the busy streets and thoroughfares where hotels dominate (instead of a condo adjacent to Vegas casinos, maybe you'd prefer a house a few blocks away with a fenced yard and a private swimming pool).

What about families who travel with pets? Is a hotel or a vacation rental more likely to accommodate them? Well, I don't know about you, but I haven't seen too many hotels that appreciate even well-mannered dogs waltzing through their lobbies (even on a leash). On the other hand, vacation rentals are often the way to go for pet owners, because many will accept dogs and cats (with an additional deposit). Do make sure you check on the place's pet policy beforehand, though, since each owner sets his or her own rules.

The last thing I want to mention is the overall ambiance of vacation rentals versus hotels. With hotels (especially big chains), you get … pretty much the same thing no matter which part of the world you visit. This can be good for those who don't like change, but if you want to stay somewhere that embraces the culture of the local area, you're more likely to find that in a vacation rental. Many owners stay at their properties a few weeks a year themselves, so the homes often feel like, well, homes. They're cozier and friendlier than the starkness of most hotel rooms.

Lest you think I have an agenda for promoting rentals over hotels (alas, I own neither), I must admit that there are a few downsides to vacation rentals. First off, finding just the right place can involve more internet research than simply booking through a web site that offers travel package deals. Second, because vacation rentals are usually privately owned affairs, it can be hit or miss with service. Not all rental owners have their own web sites, and it may take a while for the proprietors to get back to you if they don't use a management company. Third, most vacation rentals don't come with housekeeping. The premises will be clean when you arrive (in fact, you'll often be charged a cleaning fee), but don't expect anyone to come in and change your sheets every day. Lastly, rentals tend to be more expensive than hotels. You do usually get more square footage for your money (multiple bedrooms, full kitchen, separate living and dining rooms, etc.), but you pay for it. That's why rentals are popular with families and friends who can share the costs.

As you can see, there are pros and cons for both hotels and vacation rentals. I'm a big fan of rentals myself (among the other reasons listed here, I really like supporting "mom and pop" businesses instead of faceless hotel chains), but each have their advantages depending on your preferences. Make sure you look around before deciding where you want to spend your vacation.