Out and About Southwest Florida with Tracy Walters
Tracy Walters is known on the Islands as "Mr. Lister." Tracy specializes in all phases of Island real estate, including homes, condominiums, lots, commercial properties, and business sales.
Being a former owner of a variety of businesses, Tracy has sold a tremendous amount of businesses. He does the majority of commercial real estate on Sanibel and Captiva. Because Tracy knows the Islands so well, there is a high comfort level in what he does. He knows the city, the ordinances, how it works, how we want to keep the Islands and what it stands for. Being a boater, he knows the waterway system, he can answer questions on just about any subject.
"As a lifelong resident of Sanibel, I've developed a great respect for our wildlife and nature refuge. There is no other place like Sanibel Island to live. It is truly a unique and wonderful place to reside and vacation. I'm very active in the island community – a participant in the Sanibel Police Auxiliary Program and past President of the Sanibel Captiva Kiwanis Club where I was a member for 14 years. My real estate career began in 1989. In my very first year as a Realtor, I became a member of the Board of Realtors' "Million Dollar Club."Celebrating 29 Years in the Real Estate Industry this year! I am a consistent top producer with Royal Shell Real Estate, and one of the top agents on Sanibel and Captiva Islands. In my spare time, I enjoy fishing, boating, and Racquetball. I have two wonderful children, Amanda and Tracy, Jr."
"When you need results, talk to me — Tracy Walters, Mister Lister!"
4 Tips to Maximize Profits for Your New Vacation Rental Property
Vacation home rentals are becoming more popular these days, both with travelers and homeowners. If you belong to the second group, however, you may be wondering how you can take your property from a simple home to a vacation property that offers the most return on your investment. ROI is crucial when you are thinking about investing in a vacation home, whether it’s one you already own or one you’re thinking about buying. These helpful tips can make turning those profits easier, for both homeowners and real estate investors alike.
Getting Serious About Real Estate Investing?
Getting started can be as simple as creating your investment holdings entity (LLCs are a great choice as they offer legal protections as well as flexibility), establishing a small business bank account and then securing asmall business loan for your new venture. Once you've secured your investment funds, speak with trusted real estate agent Tracy Walters to find a property that will appeal to both you and your guests!
Make Some Simple Changes to Boost Curb Appeal
When you think of curb appeal, you may think of selling your home, but adding some curb appeal can also help your vacation rental. The front of your home will be the first thing guests see when they arrive, but it will also be one of the first things they look at when viewing your listing. At the very least, you should make sure the outside of your home is free from clutter, but you should also think about adding some bright touches to really draw in potential renters. You could add some bright flowers to your porch, but think about the ways that landscaping can add appeal to your home as well. A freshly mowed lawn will always “wow” your guests, but adding some color can also help set your vacation home apart from other properties in the area.
Think About Adding Some Amenities to Attract Renters
You want to attract travelers to your vacation home, but you also want to help them feel comfortable once they arrive. This is where the presence of amenities can either boost or take away from the popularity of your vacation rental. For one, make sure the amenities in your listing are actually available in your rental home. If you say your home has an internet connection, make sure the connection is reliable and that guests can easily connect. You can use an amenities checklist to keep your home stocked and ready for guests, or you can always opt for a vacation rental management company to help you with these tiny details. After all, it’s the smallest of details that make the biggest impression on travelers and guests.
Keep Your Rental Stocked With a Few Essentials and Extras
Guests expect certain amenities when they check into your vacation rental. Offering some unexpected touches, however, can really enhance their stay, which, in turn, can help you net some positive reviews to increase rentals and profits even more. You could leave a welcome basket filled with local foods to help your vacation rental guests feel at home fast or find other ways to exceed their expectations. Of course, you also want to offer items that are necessities but that travelers may often forget to bring along. Put some mini toiletries in each bathroom, as well as laundry detergent and fabric softener if you have a washer and dryer.
Setting your home up as a vacation rental can be simple, especially if you are in a prime location. Creating the most return on investment for your investment is up to you from there. So, use the tips above to get your home ready to “wow” those travelers and guests so you can get the most out of your vacation rental property.