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How much would you spend to increase the income on your existing rental?

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  • #16
    Originally posted by disneysteve View Post

    You said I'm in the minority. Well I'm very proudly there. The fact that you feel the need to spend thousands to make this place even more gorgeous than it clearly already is is awful. People are way, way, way too demanding if they would make a rental decision based on the style of the ceiling fan or quality of the picture hanging on the wall. I could never be in a business where I was forced to cater to the whims of the public like that.

    Now some of the things on your list seem perfectly reasonable. Sofas wear out. Bigger TVs are pretty much the norm today. Adding the arcade unit is an extra amenity but having to change door hinges is just plain nuts in my mind. If someone is that outrageously picky that they aren't going to come because they don't like my door hinges than I don't want their business. I'd suck at this.
    LOL. Well, my rule of thumb is, if I am going to charge big bucks, I had better deliver the goods. Statistics show that it is the wife that selects the cabin, and whether or not there is guest satisfaction is largely based on HER opinion, because SHE will be the one doing the review. Women look for cleanliness. "Dated" doesn't mean unclean, but it certainly infers neglect and deferred maintenance to a female. I can't change consumer demand, but I can meet it. Changing out a few hinges and handles is only a few hundred dollars and takes a couple of hours.

    When a woman walks in and sees nice stainless appliances, an authentic persian rug, original art, up-to-date lighting and fixtures, and nice leather furnishings, you make $50K a year.
    How can you have any pudding if you don't eat your meat?

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    • #17
      Originally posted by TexasHusker View Post

      LOL. Well, my rule of thumb is, if I am going to charge big bucks, I had better deliver the goods. Statistics show that it is the wife that selects the cabin, and whether or not there is guest satisfaction is largely based on HER opinion, because SHE will be the one doing the review. Women look for cleanliness. "Dated" doesn't mean unclean, but it certainly infers neglect and deferred maintenance to a female. I can't change consumer demand, but I can meet it. Changing out a few hinges and handles is only a few hundred dollars and takes a couple of hours.

      When a woman walks in and sees nice stainless appliances, an authentic persian rug, original art, up-to-date lighting and fixtures, and nice leather furnishings, you make $50K a year.
      I'm sure every bit of that is true. You know your business and your customers well.

      I think part of my perspective is that we are frugal budget travelers. We have rented many, many vacation homes over the years. We do it at least once a year and often twice. But we do it because it is both cheaper and better than staying in a hotel for so many reasons. Since we are approaching it as a budget vacation, we care about the condition of the place but there's no way we would ever even think about commenting on something as insignificant as what kind of door handles the place has. We couldn't care less if they were brass or bronze or nickel or pewter. We do scrutinize the photos to look at the type and apparent condition of furnishings and appliances. We have a few criteria that immediately disqualify a place like leather sofas, glass top dining tables, and gaudily decorated bedrooms (especially the "kids" room since our daughter is now 23 and feels weird in those). But beyond that, as long as a place looks clean and well maintained, we're good. The last condo that we rented two trips in a row had a small tube TV in the master bedroom, but we hardly ever watch TV in there so we didn't care. There was a nice large flat screen in the living room which is where we did 99% of our TV viewing, which was minimal anyway.

      Now if our goal was to rent a high end luxury house, I suppose we'd be looking for different things and having different expectations. When we stay in a luxury hotel, like a $400/night sort of place, we certainly expect different things than when we stay in a $119/night Fairfield Inn. I guess the same is true with house rentals. Though I still can't imagine ever caring about or even noticing the door hinges.
      Last edited by disneysteve; 03-27-2019, 04:32 PM.
      Steve

      * Despite the high cost of living, it remains very popular.
      * Why should I pay for my daughter's education when she already knows everything?
      * There are no shortcuts to anywhere worth going.

      Comment


      • #18
        So I spent about $7,000 updating my mother's vacation rental. New appliances, leather furnishings, cabinet knobs, rug, TV, wall art. We think this will cause the cabin to yield another $5,000 to $10,000 per year in rents, and are already getting positive comments from guests on the updates. The photos on the left are "before", on the right "after." Enjoy!
        Last edited by TexasHusker; 05-24-2019, 06:32 AM.
        How can you have any pudding if you don't eat your meat?

        Comment


        • #19
          Originally posted by TexasHusker View Post
          So I spent about $7,000 updating my mother's vacation rental. New appliances, leather furnishings, cabinet knobs, rug, TV, wall art. We think this will cause the cabin to yield another $5,000 to $10,000 per year in rents, and are already getting positive comments from guests on the updates. The photos on the left are "before", on the right "after." Enjoy!
          That's really cute. It's surprising how the before pictures look so dated compared to the after pics. I did't even notice the round table before and now that the square table is there, the round one reminds me of my parents' house.

          Comment


          • #20
            Originally posted by TexasHusker View Post
            So I spent about $7,000 updating my mother's vacation rental. New appliances, leather furnishings, cabinet knobs, rug, TV, wall art. We think this will cause the cabin to yield another $5,000 to $10,000 per year in rents, and are already getting positive comments from guests on the updates. The photos on the left are "before", on the right "after." Enjoy!
            I think it looked great before. I think it looks great after. I do like square tables better simply because they have more surface area. Otherwise, I prefer the before pictures but that's purely personal preferences. I'm not a fan of stainless steel appliances and don't like antlers in the decor but I totally understand that probably fits your audience well. And at least when our daughter is with us, we don't rent any home that has leather furniture.

            I hope it accomplishes the intended purpose and brings in the big bucks.
            Steve

            * Despite the high cost of living, it remains very popular.
            * Why should I pay for my daughter's education when she already knows everything?
            * There are no shortcuts to anywhere worth going.

            Comment


            • #21
              Originally posted by disneysteve View Post

              I think it looked great before. I think it looks great after. I do like square tables better simply because they have more surface area. Otherwise, I prefer the before pictures but that's purely personal preferences. I'm not a fan of stainless steel appliances and don't like antlers in the decor but I totally understand that probably fits your audience well. And at least when our daughter is with us, we don't rent any home that has leather furniture.

              I hope it accomplishes the intended purpose and brings in the big bucks.
              Most folks prefer leather because it feels much more sanitary/cleaner than fabric. When you think of who all is sitting on your upholstery doing no-telling-what while they are on it, leather is the only way to go. Fabric gets really nasty, really quickly. The "before" sofa is a good example. Look closely.
              How can you have any pudding if you don't eat your meat?

              Comment


              • #22
                Originally posted by TexasHusker View Post

                Most folks prefer leather because it feels much more sanitary/cleaner than fabric. When you think of who all is sitting on your upholstery doing no-telling-what while they are on it, leather is the only way to go. Fabric gets really nasty, really quickly. The "before" sofa is a good example. Look closely.
                I agree. I happen to like the feel of leather furniture, not due to cleanliness as I'm never sitting there without pants on and I'm not a germophobe. The problem in our case is our daughter is vegetarian and won't sit on it. She doesn't wear any leather clothing either (which makes shoe shopping interesting). When we are searching for a rental home, ones that clearly have leather furniture are ruled out immediately. If I'm not quite sure, I'll email the owner to check. It is nicer and more upscale. It just doesn't work for us personally.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

                Comment


                • #23
                  Originally posted by disneysteve View Post

                  I agree. I happen to like the feel of leather furniture, not due to cleanliness as I'm never sitting there without pants on and I'm not a germophobe. The problem in our case is our daughter is vegetarian and won't sit on it. She doesn't wear any leather clothing either (which makes shoe shopping interesting). When we are searching for a rental home, ones that clearly have leather furniture are ruled out immediately. If I'm not quite sure, I'll email the owner to check. It is nicer and more upscale. It just doesn't work for us personally.
                  Now that's a take I've never heard!

                  So not only does she not eat meat, but doesn't want to sit on/wear anything that comes from an animal? What about wool? Or those coats made up of coughed-up cat fur balls?
                  How can you have any pudding if you don't eat your meat?

                  Comment


                  • #24
                    Originally posted by TexasHusker View Post

                    Now that's a take I've never heard!

                    So not only does she not eat meat, but doesn't want to sit on/wear anything that comes from an animal? What about wool? Or those coats made up of coughed-up cat fur balls?
                    TH, play nice. That's honestly the most reasonable philosophy-based behavior that I've run into this week. Compared to anti-vaxxers, social activists (on literally any issue.... abortion, guns, LGBT, etc.) and white supremacists, DS's daughter choosing not to use animal products is something next to Mother Theresa.
                    "Praestantia per minutus" ... "Acta non verba"

                    Comment


                    • #25
                      Originally posted by TexasHusker View Post

                      Now that's a take I've never heard!

                      So not only does she not eat meat, but doesn't want to sit on/wear anything that comes from an animal? What about wool? Or those coats made up of coughed-up cat fur balls?
                      It’s actually fairly common for vegetarians/vegans to not use other animal products. As for wool, giving a sheep a haircut doesn’t require killing the animal so she’s fine with that.
                      Steve

                      * Despite the high cost of living, it remains very popular.
                      * Why should I pay for my daughter's education when she already knows everything?
                      * There are no shortcuts to anywhere worth going.

                      Comment


                      • #26
                        Originally posted by kork13 View Post

                        TH, play nice. That's honestly the most reasonable philosophy-based behavior that I've run into this week. Compared to anti-vaxxers, social activists (on literally any issue.... abortion, guns, LGBT, etc.) and white supremacists, DS's daughter choosing not to use animal products is something next to Mother Theresa.
                        I'm just kidding. My apologies if it wasn't funny. I think it's great that a young person would actually want to stand for ANYTHING these days...
                        How can you have any pudding if you don't eat your meat?

                        Comment


                        • #27
                          Originally posted by TexasHusker View Post

                          I'm just kidding. My apologies if it wasn't funny. I think it's great that a young person would actually want to stand for ANYTHING these days...
                          Same, I was just giving you a hard time. Sarcasm & joking is difficult to get across in text...
                          "Praestantia per minutus" ... "Acta non verba"

                          Comment


                          • #28
                            Originally posted by TexasHusker View Post

                            I'm just kidding. My apologies if it wasn't funny. I think it's great that a young person would actually want to stand for ANYTHING these days...
                            I wasn't offended at all. No worries. I knew you were kidding.

                            She's been vegetarian since she was 9 and gradually got a bit stricter as she learned more about what things actually have animal products in them that she didn't know about. We usually won't go out of our way to tell her if she doesn't know, since it's not a health issue at all, but we fully support her decisions although it does sometimes make family meals a little tough.
                            Steve

                            * Despite the high cost of living, it remains very popular.
                            * Why should I pay for my daughter's education when she already knows everything?
                            * There are no shortcuts to anywhere worth going.

                            Comment


                            • #29
                              Originally posted by disneysteve View Post

                              I wasn't offended at all. No worries. I knew you were kidding.

                              She's been vegetarian since she was 9 and gradually got a bit stricter as she learned more about what things actually have animal products in them that she didn't know about. We usually won't go out of our way to tell her if she doesn't know, since it's not a health issue at all, but we fully support her decisions although it does sometimes make family meals a little tough.
                              I have a daughter with somewhat of an eating disorder, so I know how eating out and family means go. I never knew that eating could create such stress.
                              How can you have any pudding if you don't eat your meat?

                              Comment


                              • #30
                                Originally posted by TexasHusker View Post

                                I have a daughter with somewhat of an eating disorder, so I know how eating out and family means go. I never knew that eating could create such stress.
                                It really wasn't a big stretch when she decided to become vegetarian. For the most part, I don't really eat red meat. My wife is allergic to all seafood and shellfish, so we always did a lot of meatless meals at home. Her becoming vegetarian essentially meant giving up chicken.

                                It's not all that difficult at home but is more of an issue when we go out and when we're on vacation. Not only is she vegetarian but she's also pretty picky. There aren't a lot of things she likes. She also doesn't do spicy stuff. A lot of times, restaurants think they need to compensate for the lack of meat with intense flavors like jalapeno black bean burgers or General Tso's tofu or pepperjack cheese when what she'd really like is a plain veggie burger and American cheese. That limits us eating out with her for the most part as we've only found a couple of places where she really likes the offerings (On The Border has great veggie fajitas with a vegetarian rice option). When we're traveling, she'll often order off the kids menu which tends to have more plain options like a grilled cheese and she'll carry supplemental stuff like protein bars, natural fruit/veggie snacks, etc.

                                Sorry for the way OT conversation, all because of a leather sofa.
                                Steve

                                * Despite the high cost of living, it remains very popular.
                                * Why should I pay for my daughter's education when she already knows everything?
                                * There are no shortcuts to anywhere worth going.

                                Comment

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