Be a Sanibel Vacation Landlord
Are you considering buying a vacation rental property on Sanibel Island? Home values and interest rates are allowing people to buy their ideal vacation home or future retirement home now. To help make it financially feasible, many people are renting out their property while they are not staying in it. Other's are buying property simply for investment income.
Here are some points to consider about renting properties on island.
Island Rental Restrictions
- Sanibel allows weekly rentals of condos, but some associations limit this to monthly or restrict the number of times per year that you can rent your condos. A handful of condos are grandfathered into allowing daily rentals.
- Sanibel single-family homes are restricted to monthly rentals.
- Captiva doesn’t have these rental restrictions.
Owning a vacation rental home on Sanibel and Captiva Island can be a lot of work! Whether, you manage the property yourself, use a full-service vacation rental company or a combination of both, here are a few resources we think you'll find useful.
Sanibel Island condos that allow for 1 week or less rentals generally provide the best cash flow. Click here to view all Sanibel Condos for sale that allow weekly (or less) rentals.
Resources for Vacation Home Owners
6 Questions to Ask Vacation Rental Management Companies
You’ll want to interview a few local vacation rental management companies before signing a contract. Here’s what to ask.
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Have You Considered a Placeholder Home?
Have you considered buying a placeholder home here in Southwest Florida?
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Factoring in the Value of a Rental Property
In a webinar I recently hosted, the question was asked: “Why don’t the ‘for sale’ listings of Sanibel homes ever display the value of a rental property?”
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Sanibel Condos Can Gross $80k Rental Income
How much rental income can a condo on Sanibel generate? Take a look at the average gross rental income.
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What Makes a Great Vacation Rental Property on Sanibel?
Want to become a Vacation Landlord? Here are three typical Sanibel investor situations I see most often, and some tips on what makes a good vacation rental home on island.
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My Property, My Rights. Right?
It’s My Property! I Can Do What I Want. Right? Disagreements about individual property rights are nothing new. Even our founding fathers argued about it.
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Don’t Rule Out “One Bedroom” Condos on Sanibel
I say this because on multiple occasions I’ve had customers express that they wish to exclude all 1-bedroom condos from their home search.
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7 Mistakes Vacation Homeowners Make
If you are interested in using your Sanibel or Captiva home as a vacation rental property, here are a few common mistakes to avoid.
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Tax Talk: Rental Property Income & Deductions
We’re tackling the topic of tax deductions and rental income in hope of helping you avoid any major tax reporting mistakes.
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10 Resources for Sanibel Vacation Rental Home Owners
Whether you manage your Sanibel Vacation Rental Home yourself, or a company handles it for you, here are 10 resources you’ll find useful.
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I’d be happy to share more about rental income and our market here on Sanibel and Captiva. Also, I can send you listings in the most popular vacation condo complexes - just send me an email or give me a call (contact me).