[quote=earlyretirement]… http://www.vrbo.com/search/usa/californi… San Diego has over 3,400 there listed and I’ve been watching the occupancy rate on several high end ones and some are rented all the time.
… http://www.vrbo.com/426430 Just one example of many (this one happens to be in Santaluz). $13,500 per WEEK. $16,600 per month. Check out their rental calendar….[/quote]
Yes, ER, I’m familiar with vrbo.com but never stayed in one myself. I’ve stayed in other people’s timeshares a few times, however, a week at a time, just by covering their HOA dues for that year.
I’m wondering about a few things, though.
The mgmt of a vrbo property seems like it must be labor-intensive … like lodging. Fresh sheets and towels, clean dishes and the like. Cleaning frequently in between tenants. Am I wrong on this?
How many weeks (realistically) could you rent a place out for per year? Is the demand there for all year-round in SD (minus cleaning days, of course)?
And do you friends who rent their homes out for special events ever live in them themselves? If so, do they take a trip or move in with relatives while their house is occupied? And what do they do with their personal belongings and valuables while they’re frequently and intermittently gone from home? Is it customary to lock off a room such as a personal study from vrbo guests?
It sounds like a bit of a hassle for the owner but I guess the money is there if your property is in the “right” location, depending on events going on ….