Canada is one of the great countries we have around with some of the greatest cities. During the summer time, Canadian states are some of the busiest as they have a lot of activities, including people trying to find some recreational real estate either to buy or rent. Click here to know more about real estate.
If you are owning a cottage, you might be in luck as this is the time you need to put it out for renting. Well, it is always a rewarding experience when you own a cottage. You can always customize your cottage to suit your needs and can therefore be used as another home away from home.
Cottages always provides a serene environment that is suitable for easing up and relaxing your mind when you take a break from the busy city life. Having a cottage can also double up as a source of revenue during the rainy days and they can also come in handy by helping you cover the costs of your second property from the cottage rent. Anyway, if you own a cottage in Canada and you are looking to put it out for rent, below are a few things that you should consider having in mind.
- Picking the right tenant
In most occasions, problems have always erupted between tenants and the property owners and this is always not a good experience. This is why owners are urged to pick the right renter. Well, it will always be much easier if you could rent out your cottage to someone you know like a friend or even a family member.
However, if your property is mostly attracting strangers, you can still have them as your tenants but first you need to ensure that they are fully aware and that they understand your rules or terms before booking. Some cottage owners would often ask to be provided with a credit card before proceeding with the booking process for security purposes.
Being selective about those you are renting your property to is always important since it helps in reducing the chances of incurring some damage to your cottage.
You’ve always heard people comparing communication to a key as it helps in opening a lot of success doors. Well, your tenants won’t always be your family members or friends, right? You will be receiving different types of people from totally different backgrounds.
This is why it is always a good idea to first spell out everything clearly to your tenants and make sure that they fully understand all your instructions. This should include garbage disposal, internet or the WiFi password and wildlife safety among other things.
Get more info here: https://www.landlordology.com/landlord-communication-lessons/
We all know that cleanliness is next to godliness, right? This is among the important factors that you should consider, especially when running a cottage business. How far from your property o you live? Can you be able to reach the cottage and clean it up every time before and after it has been used?
Well, you can also seek some help from the many affordable cleaning services. When you have a clean cottage, your tenants will also strive to keep it that way when they leave. Some owners would often include a small fee to the total bill just as a precaution in case the tenants leave the place in a mess.
You will also find other rental insurance policies for some cottages having damage costs from the tenants while others don’t have. If you’ve ever been to the Le Clos des Brumes, then you probably know what I’m talking about.
- Surprise repairs
Being a landlord also come with a few responsibilities. You should be ready to deal with those emergency late night calls from renters complaining about a clogged toilet or leaking water pipes.
A good landlord should always try to prevent such emergencies from occurring and even if they do, you should be able to handle the situation in an efficient way. Doing so is very important for the general maintenance of the unit and also to keep someone from being injured or prevent more damage as a result of your negligence.
Keeping a clean cottage with everything else in perfect condition will always win you more clients, just like the Le Clos des Brumes.