Some call Nashville the Mecca of country music. Others call it Nash Vegas, home to the woo girls celebrating their bachelorette parties. No matter what you call it, over 17 million tourists are predicted to vacation in Nashville in 2024, undoubtedly lured by the fabulous food, music, and bar scene.
If you want to rent out your house to Nashville tourists, then you're probably wondering what you need to do to get started. Read on to learn some of the web's savviest vacation rental tips!
Know Davidson County Laws
Vacation rentals, also known as short-term rentals, have become increasingly popular since Airbnb came on the scene. While that made it easy to rent out your home, it also caused a lot of issues for neighbors and home values. As a result, many local jurisdictions have cracked down on them, and Nashville is no exception.
Before putting your home on the market, be sure to thoroughly read through the rules issued by Davidson County before listing your home. At a minimum, you'll need to make sure you apply for a permit annually.
Make Your Home Stand Out
One of the best things about vacation is getting to stay somewhere super nice (or unique and quirky). A lot of vacation home owners keep their decor to a minimum, utilizing inexpensive furniture. This might sound like a good idea, but it'll actually cost you in the long term.
One of the best ways to market your rental is to deck it out in creative and comfortable decor. Make sure your furniture is sturdy and comfortable for people of all different shapes and sizes. Include information about accessibility in your ad, like:
- How a wheelchair user accesses the house
- The number of stories in the house
- How many bedrooms are on the main floor
- The presence of handrails in the bathroom or walk-in showers
Keep It Clean
Most people are used to cleaning up after themselves in short-term rentals. That doesn't mean you don't have to do any of your own cleaning. Set up regular times between bookings to have professional cleaners come in and do a deep clean of your property, your future renters will be much happier!
Work With the Experts
You don't have to list and manage your vacation rental all on your own. There are expert vacation home management companies, like PMI Greater Nashville, that help with everything from property inspections to finding renters. They are well-versed in local rules and know what it takes to get your vacation rental to work for you!
Are You Ready to Rent Out Your House?
Making the decision to rent out your house to travelers isn't an easy one. By developing your understanding of local laws and enlisting the help of experts, you'll be in a much better position to maximize rental income. Before you know it, the money you earn from vacationers will be paying for your vacations!
Finding the expert vacation home management advice you need might seem difficult, but you've come to the best of the best! The professionals at Greater Nashville PMI have years of experience that'll help you turn your rental property into a success. Contact us today for a free rental analysis!
