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Introduction

Why Should You Read This Book?

Whether you are planning to rent your vacation home for the first time, buying a property as an investment, or already have second home rental income and want to know how to increase it, this is the book for you. The principal aim of Renting Your Recreational Property for Profit is to provide you with a wealth of information to help you be successful in renting your property. The information and anecdotes in the book have come from my own experiences renting cottages in both England and Canada over the last fifteen or so years, as well as invaluable contributions from owners and renters alike, who between them have racked up years of rental know-how.

If you’ve had your recreational home for a number of years and are now thinking of renting for the first time to provide additional income, you may have to look at it from a different viewpoint and be prepared to make some tough decisions. What you may have considered acceptable quirks of the cabin, cottage, villa, or condo will have to be dealt with or fixed, the worn furniture replaced, and kitchen appliances updated. This book will help you with those decisions, provide checklists to make sure you don’t overlook anything, and offer advice on preparing for successful rental.

There will be plenty of choices to make in terms of where you will advertise and how to manage a marketing budget; whether it is in your best interest to use a rental agency or manage the renting yourself; and who will look after the property when you are not there. This book draws on experiences of owners with all types of rentals, from those who manage every part of their business, to owners living halfway round the world who rely on rental and property management agencies to look after their properties.

Armed with your copy of Renting Your Recreational Property for Profit, you will be able to maximize the rental potential of your vacation property and have great fun running your own rental business.