![]() the winning formula is NOT rate per night or what percent you keep, it’s nights rented period.Īs others have said, view means everything. They worked their butts off to get me rental nights (and their 40%) and trust me. Also, not sure what the revenue share is now but the management company used to take 40%. If not, you will deal with renters, issues, missing blankets, forks, broken keys in locks, etc. Lastly, get a professional rental management company for several reasons. If a remodel is called for, make it “look” like a cabin. I estimated the view alone on my property was worth $75K. Visit it regularly to review maintenance needs.Īs others have said, view means everything. Don’t occupy your own property on holidays cause that’s when all your renters want it! Got to have a hot tub and prefer an old school whirlpool tub indoors too. As you climb the bedroom count ladder, your audience shrinks. Rentals are huge with honeymooners and folks celebrating anniversaries. Here is what I learned about owning a rental in Gatlinburg. The games all seemed to be an afterthought. ![]() Pool table, air hockey, sit down mame cocktail etc. It rented often and I also had arcade games. If you end up with 3 similar cabins, one with an arcade, please keep us updated on its performance, I am interested in better, real life data. If it was a 100% rental I probably wouldn't mess with it. I keep the machine in our house because we use it at least once a month, and I need to get my fix sometimes. The number of bedrooms already filters the market down to a sub set of potential renters. Great on-line pictures are a very important to attract renters. If your cabin is a big Party House, then it might help.Ī great view from the deck will always sell better than a pinball machine. Cabin rentals are focused on family events or for couples weekends, neither of which are pin-friendly. I have no feedback from our guests or management company that the pin is a deciding factor on the rental.Īfter some "research," I found the rental decisions are often driven by the wife/girlfriend/mother - who generally don't care much about pinball. We now own and rent out a house in Blue Ridge, GA with a cocktail pin, a 60-in-1 and a pool table. We used to rent up there and I always picked one with a video game, just in case it rained and were were stuck in the house.
0 Comments
Leave a Reply. |