Making your Big White Rental a 10/10 for Guests

So you’ve purchased an investment property at Big White and are jumping into the mountain’s rental market.  You may be wondering how to make your property stand out amongst the rest. Read along to find out how to score perfect reviews with your guests and have them returning again and again.

1. Create a welcoming impression

tart by leaving a welcoming treat or present for when they arrive, this will create a good starting point. Don’t keep everything hidden, leave a cozy throw on the couch, and maybe some bathroom supplies on the counter in cute jars.

2. House Manual

Ensure you have a house manual that has all the information a guest will need about your home, building, and the mountain. Don’t forget the wifi password and a event calendar for all the incredible events Big White offers.

3. Cleanliness

Always have your rental property cleaned top to bottom prior to renting it out. Some guests pay attention to how well a home is cleaned and maintained and that effects their experience. Squeegee the windows, scrub the corners, and wipe down the walls.

4. Do 1 big gesture

Do something unexpected, like leaving a gift card to a Big White restaurant, gifting the kids a souvenir Big White toque from one of the shops, or a ski or snowboard rental voucher.

Going above and beyond will with these 4 tips will ensure you receive a fantastic review from your guests and continue bringing in revenue!

 

BUYING A RENTAL AT BIG WHITE– WHAT YOU NEED TO KNOW

Are you thinking about buying a rental property at Big White? Do you have all the information to make an educated decision? Here are a few of the must knows when buying a rental:

 1. Some stratas have rental restrictions. These restrictions all differ in each complex and can limit how many units in the complex can be rented at one time, limit which age the renter must be, or how many days the unit can be rented per year. The rental restrictions can be found in the strata bylaws.

2. When it comes time to sell your rental property, you may be subject to pay GST. This is something you must discuss with your accountant.

 

3. Be aware that your lender may require different criteria. Some particular lenders will require you to put 25%-35% as a down payment.

4. There are multiple outlets to rent your home through. There is AirBnB, Rent Chalets, Central Reservations and more. Each of these outlets offer something different, from self managed to fully managed, so do your research as to which one will suit your requirements the best.

Do you have questions about purchasing a rental property at Big White? Contact me and we can chat more about all the benefits and things to watch out for! Joan Wolf at 778-231-0308!!