Using AI in Property Management and Vacation Rentals
Artificial Intelligence (AI) has revolutionized numerous industries, and property management and vacation rentals are no exception. At MAK Realty, we have embraced AI to provide superior services, ensuring that your properties are well taken care of and your profits maximized. Here’s how we do it and why you should trust us with your valuable assets. […]
Financing with Affirm for Your Luxury Dream Vacation
Hey there, travel enthusiasts! Have you ever dreamt of a luxurious getaway but hesitated because the upfront cost seemed a bit daunting? Well, fret no more! Here at MAK Realty, we understand that everyone deserves a touch of luxury, and thanks to innovative financing options like Affirm, that dream vacation is closer than you think. […]
The Ultimate Guide for a Week of Clubbing in Miami
There’s nowhere better to plan a week of clubbing than in Miami, where top DJs and a vibrant restaurant/lounge and beach club scene allow the chance to meet new people day and night. Miami is the ultimate club city. With a beach scene, nightlife, restaurants, and more, dancing, having fun, and meeting that special someone […]
Messi’s Miami Move Will Spark, Tourism, Real Estate, and Much More
Soccer superstar Lionel Messi’s Miami swansong will dramatically affect the city, with tourism, real estate, restaurants, and hospitality all set to do a roaring business.
12 Places to go if You’re Planning to see Messi in Miami
If you plan to see Messi in Miami, make a vacation of the spectacle and catch the best that Miami offers.
Direct Booking Vs. Airbnb for Your Vacation Rental
Guests enjoy significant advantages by booking a vacation rental directly on a landlord’s site. Thinking about planning your next vacation rental on Airbnb, Vrbo, Booking.com or Expedia? Think again! Although these online travel agents (OTAs) consume much of the STR market, they may not be your best bet if you want a personalized STR experience. A direct […]
5 Ways To Get Your Vacation Property Rented
It’s almost impossible to talk about real estate investing without discussing vacation rental properties. Everyone with a second home or a rental has toyed with the idea of turning it into a vacation rental. The upsides are hard to ignore, but the ultimate goal is to get your vacation property rented. However, it’s not as […]
5 Strategies To Make Your Vacation Rental Attractive To Property Managers
Remember the movie, Jerry McGuire? It was filled with memorable catchphrases: “Show me the money” and “You had me at hello,” are two. There was a third, too, which is good to bear in mind when presenting your vacation rental to potential property managers — “Help me, help you.” As an owner, your job is […]
Is The Vacation Rental Business Profitable?
With the cost of living increasing due to inflation, more and more people are looking to vacation rental business to monetize their second homes or even primary residences as short-term rentals. Excited by the high-income vacation homes can generate, vacation homes have brought their owners ever-increasing profits in recent years. Explosive Growth of Short-Term Rentals […]
What’s A Good Vacation Rental Profit Margin?
Vacation rental owners should look to make no less than a 10% return on their investment. That means your income minus expenses (net operating costs including any mortgage payment) should be no less than 10% of your initial investment per year. This is expressed at the Capitalization (or Cap) Rate. So, for example, if your […]
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