Setting up a Holiday Home Rental
Feb 9th 2015, 6:38 am
#1
Forum Regular
Thread Starter
Joined: Jun 2009
Location: Whangarei
Posts: 252
Setting up a Holiday Home Rental
Hi All,
early days yet, but starting plans for a New Home Build. if we can get sorted would like to build a one/two bedroom Bach also, and have it as a Holiday Rental to help pay the mortgage.
Anyone done this? point in right direction for guidance
thanks
Ian.
early days yet, but starting plans for a New Home Build. if we can get sorted would like to build a one/two bedroom Bach also, and have it as a Holiday Rental to help pay the mortgage.
Anyone done this? point in right direction for guidance
thanks
Ian.
Feb 9th 2015, 7:37 pm
#2
*********
Joined: May 2008
Location: Up in dem hills.........
Posts: 1,458
Re: Setting up a Holiday Home Rental
Hi Ian
We have used Airbnb to rent out our sleepout, with great success, it accounts for over half our income during the Summer.
www.airbnb.co.nz
We have used Airbnb to rent out our sleepout, with great success, it accounts for over half our income during the Summer.
www.airbnb.co.nz
Feb 9th 2015, 10:49 pm
#3
She'll be right
Joined: Sep 2012
Location: Near the beach, NZ
Posts: 1,498
Re: Setting up a Holiday Home Rental
I can vouch for airbnb too. I rented out our spare room to tourists whilst living in London and have rented rooms whilst on holiday. If you decide to rent your space out with airbnb make sure the guests have good reviews. As a rule I never let anyone rent the space unless they had positive reviews on their profile. The cost is pretty reasonable as a host as well.
Good luck
Good luck
Feb 11th 2015, 5:29 am
#4
Just Joined
Joined: Jul 2014
Location: Brisbane
Posts: 25
Re: Setting up a Holiday Home Rental
I guess the first thing to think about is whether you want to run this as a business, or an occasional source of income.
We have a homestay (self-catering) cottage in the Wairarapa. We don't live in the area at the moment, so it is managed by an agent, which works well. We don't make a fortune (after costs) but it is certainly worth considering if you have the land anyway.
These are probably obvious suggestions, but here they are anyway:
Talk to your local council at an early stage to get an idea of any regulatory issues. I have found our local council extremely helpful.
Have a look on the internet to see what properties in your area are available and what visitors expect for their money (bookabach is a good start, as is Tripadvisor).
While they are obviously more focussed on B-and-B than homestay, the NZ bed and breakfast association is also a good source of information. (bandbassociation.co.nz).
And lastly, talk to people at your local business association (if there is one) and your nearest tourist information office. In fact, talk to as many locals as possible! We have found neighbouring homestay owners very helpful even though they are theoretically our competition.
Good luck with your ventures.
We have a homestay (self-catering) cottage in the Wairarapa. We don't live in the area at the moment, so it is managed by an agent, which works well. We don't make a fortune (after costs) but it is certainly worth considering if you have the land anyway.
These are probably obvious suggestions, but here they are anyway:
Talk to your local council at an early stage to get an idea of any regulatory issues. I have found our local council extremely helpful.
Have a look on the internet to see what properties in your area are available and what visitors expect for their money (bookabach is a good start, as is Tripadvisor).
While they are obviously more focussed on B-and-B than homestay, the NZ bed and breakfast association is also a good source of information. (bandbassociation.co.nz).
And lastly, talk to people at your local business association (if there is one) and your nearest tourist information office. In fact, talk to as many locals as possible! We have found neighbouring homestay owners very helpful even though they are theoretically our competition.
Good luck with your ventures.
