The vacation rental market is growing. More people are traveling nationally and internationally with each passing year. Hotels have this monotonous sort-of uninteresting feeling about them. Vacation rentals on the other hand have a personal touch to them and offer visitors more freedom than a hotel does. And, they are often cheaper. This could be a great business to get in. A recent report suggested that renting out vacation homes can be almost 90% more profitable than a regular home rental. However, it’s always about risk-reward, right There are things you need to know to run your vacation home business right to avoid getting burned. The responses to the six questions listed below will provide some answers for those new to vacation home renting.

1. Rule Number 1 – Get the right insurance

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