Don’t Forget a Marketing Plan

The idea that you may actually need a marketing plan to promote your vacation rental may at first seem more complicated than necessary, but it can make a very big difference in the number of bookings you receive.   You may be fortunate to have friends and family who help spread the word however it […]

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Cottage Rules

It would be great if you could just rely on common sense and didn’t need to set rules for your cottage.  The reality is however, that everyone will have a different interpretation of what is and isn’t allowed.  It is important to spell out what your expectations are for anyone renting your property.  This will […]

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How To Get Paid

In a previous post we talked about how to set your rental price.  Now we need to figure out how to actually get paid.  Thankfully the growth of small niche and at home businesses has created a number of easy to use tools and options that are perfect for property managers.  Of course all the […]

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How to Set Your Cottage Rental Price

How much to charge for your cottage rental involves a number of elements that you will want to take into consideration.  It may be tempting to charge a high rent so that you can reap the level of profits that you feel your property deserves, but that may result in fewer rentals which will ultimately […]

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Don’t Be Exposed to Liability

Liability exposure is something that needs to be taken seriously when you are in the business of renting your property to others.  In many ways this is an extension of the Property Condition concerns that were discussed in a previous article.  Once you have taken care of all the aspects of the property that could pose a possible […]

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Create a Budget and Forecast

When you hear the terms budgeting and forecasting it is most often in reference to large businesses or organizations.  Even as a small business owner budgeting and forecasting are very valuable tools that can greatly improve the results and success of your business. Budgeting – documents how your plan will be implemented during the year […]

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Property Condition Matters

Making sure your property is ready to rent matters, and can make the difference between a happy repeat customer and a frustrated unhappy one.  The condition of your property can be very easily overlooked in favour of decorating and esthetics, which are of course very important but can’t take a front seat to necessary repairs […]

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It’s Important to be Mentally Prepared

Being mentally prepared to rent your cottage can mean a lot of different things depending on your situation.  Is yours a family cottage full of history and memories, or is it strictly a management property?  The important thing is that you are mentally prepared to move ahead with renting your cottage, to who will for […]

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Are You Ready To Rent Your Cottage?

Whether for additional income or as the start of a fledgling business allowing others to use your property is a big step. It may sound simple but when you decide you want to rent your cottage there are a number of considerations to keep in mind. To help you decide if you are ready to […]

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