At North County Property Group, about 25% of our portfolio are furnished short-term rental (STR) units. Clients with vacation homes in the San Diego area enjoy the cashflow that comes from renting out their furnished property when they aren’t using it, but we encourage owners to think carefully about what personal belongings to remove from the unit when guests are using the space.
On this episode of Five Minute Friday, Bob offers an overview of how short-term rentals work, explaining how the properties are furnished by the owners, marketed on online travel sites, and occupied for short stays by visitors to the area.
Bob goes on to discuss the risks associated with leaving belongings of financial or sentimental value in a vacation rental and the normal wear and tear that comes from having renters in and out of a STR space. Listen in for insight on deciding what personal belongings should be removed or made available during guest stays and learn how owners can secure expensive and irreplaceable items in a home when they are away.
Topics Covered
[0:40] North County Property Group’s portfolio of short-term or vacation rentals
[1:06] How STR properties are furnished by the owner and marketed on online travel sites like Airbnb
[1:35] The pros and cons of short-term rentals for property owners
[1:55] Deciding what personal belongings should be removed or made available during guest stays
[2:17] The personal belongings that the NCPG team sees on in-house meetings with prospective STR clients (e.g.: family photos, art, figurines and fine china)
[2:44] The differing points of view around displaying family photos in a vacation rental
[3:27] Why we recommend either removing personal items of financial or sentimental value or securing them in a locker or locked closet
[4:06] The risks associated with leaving belongings in the home for renters to use and NCPG’s policy re: the damage or theft of personal items
Connect with Bob
This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Play Podcasts, Stitcher,
Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/
This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.
At North County Property Group, about 25% of our portfolio are furnished short-term rental (STR) units. Clients with vacation homes in the San Diego area enjoy the cashflow that comes from renting out their furnished property when they aren’t using it, but we encourage owners to think carefully about what personal belongings to remove from the unit when guests are using the space.
On this episode of Five Minute Friday, Bob offers an overview of how short-term rentals work, explaining how the properties are furnished by the owners, marketed on online travel sites, and occupied for short stays by visitors to the area.
Bob goes on to discuss the risks associated with leaving belongings of financial or sentimental value in a vacation rental and the normal wear and tear that comes from having renters in and out of a STR space. Listen in for insight on deciding what personal belongings should be removed or made available during guest stays and learn how owners can secure expensive and irreplaceable items in a home when they are away.
Topics Covered
[0:40] North County Property Group’s portfolio of short-term or vacation rentals
[1:06] How STR properties are furnished by the owner and marketed on online travel sites like Airbnb
[1:35] The pros and cons of short-term rentals for property owners
[1:55] Deciding what personal belongings should be removed or made available during guest stays
[2:17] The personal belongings that the NCPG team sees on in-house meetings with prospective STR clients (e.g.: family photos, art, figurines and fine china)
[2:44] The differing points of view around displaying family photos in a vacation rental
[3:27] Why we recommend either removing personal items of financial or sentimental value or securing them in a locker or locked closet
[4:06] The risks associated with leaving belongings in the home for renters to use and NCPG’s policy re: the damage or theft of personal items
Connect with Bob
This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Play Podcasts, Stitcher,
Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/
This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.