Posts for Vacation Rental News Category

Cape May Cottage Rentals

Cape May News, Vacation Rental News - admin - November 22, 2019

The Classic Cape May Cottage is perfect for a small family (4-5 people) or two couples. Many Features include: Off street parking, Central heat and air-conditioning throughout. Wide plank oak floors, vaulted ceilings are traditional elements of the Cape May Cottage. The front door often leads to a small enclosed porch. Tin ceilings above the kitchen and dining area reflect the Victorian era. The colored light from the stained glass shines throughout the room in the afternoon Many Cape May Cottages are located close to the white sandy beaches and boardwalk and the Washington Street Mall . Stroll through the gas lit streets of the nearby 1860’s national landmark historic district, with over 600 Victorian structures. Bike to Cape May Point and see the lighthouse, unforgettable sunsets, the dunes and seasonal migrations of birds. If your looking for the perfect Cape May rental visit capemayvacationrentals.com

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Tips for owning a vacation rental

Cape May News, Vacation Rental News - admin - September 4, 2019

One of the most important issues many vacation rental owners have to learn is how to protect and secure their rental.

Your rental is likely one of your largest assets. so if you’re going to rent it to strangers, it pays to know who your renting to and invest in security.

So what should you do?

Screen Your Guests

Take the time to screen. Use social networks to screen your potential guests. There is often a wealth of information at your fingertips to help screen. Call your potential guests before accepting a reservation. Ask the right questions.

The best way to screen any potential tenant is to talk with him or her on the phone. You should obtain at least the following information

  • what is the purpose of the trip?
  • how many adults and how many children will be staying in the rental?
  • does the guest they smoke?
  • will they have pets they’ll be bringing with them?

Use a lease

Never rent without a lease. This is the most important item on any owners checklist for a safe and secure rental.

Insurance

Make sure you are adequately covered for loss. Your policy should include content protection and personal liability protection. Owners can protect their contents if they own a condo with a H06 policy. For liability many owners choose to create an LLC or use an Umbrella policy.

Install a security system

Many owners are miles away from their rental property. It pays to invest in a security system to monitor your rental. Smart home technology now allows owners to monitor everything from door access, heat and air conditioning and lighting.

These are just a few suggestions on how to protect your vacation rental from tenant issues and loss.

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Recent Changes in the Vacation Rental Market

Cape May News, Uncategorized, Vacation Rental News - admin - August 21, 2019

Dear Cape May Vacation Rental Owners,

As many of you know there have been major changes in the vacation rental business in 2019.

Starting in January of 2019 the State of New Jersey began taxing vacation rentals. All owners of vacation rental properties in New Jersey were instructed to collect tax on their rental. This new tax law was supposed to “level” the playing field with VRBO/HomeAway, Flipkey and other national listing sites who were already collecting New Jerseys short term rental tax. The New Jersey real estate lobby was able to carve out an exception. If owners listed their rental with realtors they would not be taxed. However, they would be charged the standard 12% or less realtor fee if their rental was booked through the realtor.

Rental owners wrote countless emails and made tons of calls to local representatives and the Governor about how bad the tax was for the rental business and the local economy. It worked. The short-term rental tax was amended on August 9th to remove the tax on individual owners who market their rentals on their own and handle all payments.

This change in the New Jersey Short term rental tax did not include VRBO/HomeAway, and other national listing services. If an owner continues to list with VRBO/HomeAway, Flipkey or any national listing service guests will still be taxed and charged service fees if they book through them. VRBO/HomeAway, Flipkey or any national listing service collects payments and under New Jerseys Law that makes it a taxable transaction.

As of today, 8/21, VRBO and HomeAway announced that any listings with them will no longer be eligible for advanced payments. Owners will not receive rental payments until after your guests check- in. Your rental payments will be held until check-in. This “holding” of rental payments will make it very difficult for many owners to fund operation of their rental. A typical owner who does most of their renting in the summer would now have to wait until the guest checks in during their summer week to get paid.

VRBO, HomeAway, Flipkey and other national listing sites can also do chargebacks on your rental if a guest complains about the simplest of issues. Owners have no recourse. 

All of these national listing services appear to be doing nothing but a money grab directed at owners and renters. 

So why list with CapeMayVacationRentals.com?

We believe every owner has the right to know what we are doing to market your rental.

It’s all about traffic. We get website traffic. A lot of traffic. The more traffic the more travelers will see your listing. For the last quarter (90 days) we had well over 110000 visitors to our site. This is well defined, specific traffic to the Cape May area market and this number will continue to grow. The people clicking on our search engine links and social media ads are looking for a Cape May area rental. A typical renter can save hundreds or even thousands of dollars by booking directly with the owner. That is why we are seeing large traffic numbers. Renters are looking to avoid service fees and taxes to save money. 

We rank very high on Google Search for many of the keywords people type in when searching for a rental in the Cape May area. 90% of all searching is done through Google. We also dominate local listings on maps. We rank higher than many rental related websites in the Cape May area on both mobile devices and desktops

Our website is built for both the mobile (phone) user and desktop user. 70 % of all of our traffic comes from renters using their phones to search for a rental. 

Our listings are non-taxable. Owners handle all payments making the transaction non-taxable.

We do not charge service fees

Owners get paid according to their rental agreement and payment schedule. They are not subjected to any withholding of payments

With CapeMayVacationRentals.com owners have complete control over how funds are collected and complete control of any refund process if needed.

We do not block communications. It’s your rental and you should be able to communicate openly with someone who wants to rent your property. This helps every owner screen renters to make sure they are the right fit for your rental. VRBO, HomeAway, Flipkey do not screen.

We offer calendar sync with VRBO, HomeAway and Airbnb. To automatically sync your calendars just follow the instructions in your admin area. We also offer a utility that imports your reviews from VRBO and HomeAway. This utility is also located in your admin area on our website. Renters want to see up to date availability calendars are read reviews. The more information you provide to someone looking at your property the more likely they will inquire.

Please note our best performing listings are the most complete listings. These listings offer very good photographs, detailed descriptions, reviews, rates and most importantly an updated calendar. Renters looking for a property are more likely to inquire about a rental if the listing has all of the information needed to make the decision to book.

So, like every rental transaction it all comes down to affordability for renters and fees for owners. We believe CapeMayVacationRentals.com provides the most affordable and best solution for both.

We look forward to continue to market your rental. If you should have any questions please call or email us at any time. 

Thank you and Happy Renting!

Tom Froschle

CapeMayVacationRentals.com

609-400-2240

We help fill availability calendars every day. 

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Tips to Advertise your Cape May Vacation Rental

Cape May News, Vacation Rental News - admin - June 18, 2019

Keep your listing description updated

Make sure your Cape May listing is updated with the latest information about your rental. Your availability calendar should be updated and correct. Photos should be recent. Renters who review listings want complete information or they will move on to the next listing. Our best performing rentals have listings that are complete and accurate.

Respond to inquiries quickly.

Owners who respond quickly to inquiries are more likely to book their Cape May rental. Why? Renters have already viewed your property and are interested. The faster the response the less likely renters will look elsewhere for a rental.

Photos, Photos, Photo

Photos are the most important element to any listing.

Think about how your photos will be displayed. There should be a flow that helps the potential guest understand which rooms connect where. 

Consider including a detailed floor plan as a photo. 

Use plenty of photos in your listing to maximize its visibility. Studies have shown guests are 80 percent more likely to learn more about a Cape May home when there are more than 20 photos. 

Get reviews

Potential guest read reviews. They want to see what others are saying about your Cape May rental. Reviews can make or break your vacation rental. If you put enough focus on the guest experience, you’ll generate a positive feedback loop that leads to more bookings, and higher occupancy rates. 

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Say No To Service Fees

Cape May News, Vacation Rental News - admin - June 5, 2019

Airbnb is now going to eliminate guest fees for property managers and hotels beginning June 4. What does this mean for the vacation rental market?

The big vacation rental listing services are now moving away from the service fee model where guests are charged a fee to book. The new tactic will be a service fee where the owner of the rental property will pay a percentage fee per rental transaction. This new model will drive more guest business to the sites but may very well backfire with owners. Owners will be less likely to list a rental knowing they now have to pay a percentage of each rental for the “privilege” of listing on a big vacation rental listing service.

What can owners do? Find local vacation rental listing sites that do not charge any service fees at all. CapeMayVacationRentals.com and Wildwoodrentals.com do not charge service fees.

Simply browse our listings and contact the owner directly. Bypass the fees for the same property and save money.

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Tips for Renting a Vacation Home in Cape May.

Cape May News, Vacation Rental News - admin - May 1, 2019

Whats is your Budget?

There are several choices when looking for accommodations in Cape May. Factor in an initial down payment whenever you reserve a rental, plus all household supplies and food you’ll purchase. Will you be eating at restaurants every meal or cooking at your rental? If you’re traveling with a big group, get a consensus from everyone about what household expenses will be shared.

Research.

Research the rental before signing an agreement and paying a down payment. Speak with the owner directly. If possible view the rental onsite. Read all reviews posted online.

Read the rental agreement before you sign.

You will be signing a legally binding contract with the homeowner. Read it thoroughly. What is the refund policy? Are pets allowed? Who’s responsible for housekeeping and trash disposal on the last day? What are the check-in times and out times.

Buy Insurance

Some times things can happen in life and you cannot honor your rental agreement. Buy rental insurance to protect yourself against loss. If you become ill many policies will cover your rental payment.

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Tips for Renting a Cape May Vacation Rental

Cape May News, Vacation Rental News - admin - April 11, 2019

We are often asked what is the best way to choose a rental for a vacation in Cape May

Below are a few questions to ask yourself to help choose the perfect rental.

  1. What features do you want in a Cape May rental? A/C, Fully Equipped Kitchen, Yard, Pool, Garage, Front Porch, Roof Deck, Hot Tub, Parking on-site or off-site
  2. Where in Cape May do you want to stay? Beachfront, Oceanview, Near Shopping, Secluded or Bayfront.
  3. Can I bring my pet? Cape May has many Pet Friendly rentals available. Many properties have yards for your dog. Many owners have size requirements for pets.
  4. Do owners rent whole homes? Yes. Many Cape May rentals offer whole house rentals for large families. Some homes will accommodate 20 or more guests. Check to see how much parking they provide as parking can be a challenge in Cape May.
  5. What are some of the best locations to rent in Cape May? The number one destination will always be beachfront. However due to the historic nature of Cape May many renters choose to be in the historic district. Jackson Street is the most centrally located street in town. It overs easy access to the beach and Washington Street Mall.

There are many decisions to make when choosing a vacation rental in Cape May. Our best tip is to take your time and speak with the owners and read reviews. Good luck in finding your perfect Cape May Rental.

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From NJ.com, Your vacation to the Jersey Shore is about to get more expensive. Blame it on taxes.

Vacation Rental News - admin - February 13, 2019

Heather Adams and her family live in a suburb of Pittsburgh, a five-hour drive from the Jersey Shore. But they’ve been renting the same house in Wildwood one week every summer for the past decade. Until this year.

Adams said the family won’t have their regular place a block from the beach on East Pine Street come July, and they might even skip the Jersey Shore altogether, thanks to a decision by the state to apply taxes and fees totaling 11.625 percent to certain rental properties for the first time this summer season. 

Combine the newly applied tax and fee of $400 for the Adams’ usual rental, with a $400 rent increase the owner was charging, and the resulting $4,300 total cost of the house this summer was simply too high for the Adams family’s budget.

to continue reading….

https://www.nj.com/expo/news/g66l-2019/02/b64bdbaa0a684/your-vacation-to-the-jersey-shore-is-about-to-get-more-expensive-blame-it-on-taxes.html

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Tips to Winterize your Cape May Home

Cape May News, Vacation Rental News - admin - January 16, 2019

Every year we hear the horrible news about another home in Cape May that had its pipes freeze and break. The damage is usually very bad when a pipe bursts.

Here a few tips to prevent your pipes from freezing.

Leave your heat on. Do not turn your heat off. Set your heat to a temperature that you feel will protect your home from freezing.

Install wi-fi enabled thermostats to allow you to adjust your heat according to the weather. You will save money and gain peace of mind knowing your heat is set to a proper temperature.

Have your property inspected during the off-season. If you use a maintenance company have them inspect your home during the cold months.

Leave your faucets dripping. During especially cold snaps many folks recommend leaving your faucets drip slightly. This prevents the water from freezing.

Leave the cabinet doors open on your vanities and kitchen sink cabinets. This allows warm room air to warm your pipes under the cabinets.

Make sure all windows and storm windows are shut and locked

Use heat tape on pipes in your crawl space areas where your pipes are more susceptible to freezing.

cape may rentals

cape may house rentals

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Tips for Cape May Pet Friendly Rental Owners and Guests

Cape May News, Vacation Rental News - admin - January 10, 2019

Tips for Cape May Pet Friendly Rental Owners and Guests

Cape May is a pet friendly town. Take a walk around town and you will see many pet owners walking their dogs. One of the joys of a walking a dog is meeting new friends along the way.

Things to consider when renting to guests with pets.

  1. How Many Pets?— What is the limit on the number of pets you will allow in your property.
  2. Type of Pets allowed– Dogs, Cats, Birds?
  3. Size Restrictions — Many owners set a size restriction on pets. Often condo associations that do allow pets will set a weight restriction of up to 30 to 40 pounds. Check with your insurance to see if your policy will allow pet rentals and determine restrictions that the policy may have.
  4. Housebroken — Do you rent to puppies who may not be house broken?
  5. Furniture — Owners should ask guest to bring a pet bed if possible. This will hopefully keep pets off of your furniture.
  6. Pet Cleanup — Owners must have rules regarding cleanup and disposal of pet waste.
  7. Leash Policy — Always require a leash. Pets should not be unleashed outside of your property.

Things to consider when choosing a pet friendly rental in Cape May.

  1. Fenced Yard
    Does the property have a fenced in yard.
  2. Near Dog Parks – Is the rental near a dog park.
  3. Extra Fees – Are there any extra fees for bringing pet
  4. Beach Access – What beaches are pet friendly

For more information please consider reading:

Cape May real estate rentals

Cape May rentals

Cape May house rentals

Cape May pet friendly rentals

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