Being a holiday let landlord is no easy task. The responsibility for the upkeep of your rental home and keeping tenants happy is not an investment that everyone can handle. As a landlord, you need more than just a beautiful home to entice prospective tenants. How you engage with renters and manage your property could be detrimental to your rental success.
In the competitive holiday let industry, building a good reputation is key to constant rental income and interest in your property. The internet, in particular, is a powerful tool, and bad reviews can be detrimental to the performance of your investment. Treat your holiday rental as you would a job; take pride in the property you are offering to renters and always go that extra mile to ensure you provide a great holiday experience. A holiday to remember will generate repeat custom and excellent feedback.
Organisation is extremely important for any landlord, but even more so if you let your property as a holiday let. The countless documents that come with renting your home need to be filed and stored safely. This will help to clear your mind and enable you to keep a good track of everything related to your business. Having a good system in place will bring confidence and control.
Interacting with potential, current or previous tenants is a great way to build a positive reputation. It will also help you to gain repeat visitors to your holiday let. Responding to questions can feel time consuming, however, being approachable and quick with responses is key. It will not only reflect professionalism, but also give you the opportunity to promote and win over potential renters.
As a landlord, you are responsible for keeping your tenants safe no matter how long they holiday in your property. It is important to research and be clued up on all the health and safety rules and regulations. Make sure you have protocols in place so that your home is rental-ready.
It is important to remember that your holiday let is a home, not just an investment opportunity to achieve income. Even if this is not your place of residence, it should still be treated as such. A well looked after and maintained property will give holidaymakers the best vacation experience. You should also enjoy your property when you stay there too, whether it is your main residence or holiday home. So, keep your paintbrushes on-hand and screwdrivers at the ready to make all those all-important home improvements that will help you stand out from the crowd.Back to news