8 Mistakes To Avoid When Renting A Vacation Home
When going on a vacation, most tourists have two choices. Either stay in an established resort/hotel or renting a vacation home. The latter is not usually owned by a corporate hospitality company but by a private individual who has repurposed their home to generate revenue. Both of these options have advantages and disadvantages, and sometimes […]
Should I Sell Or Rent My House?
If you’ve ever wondered, should I sell or rent my house?, there are plenty of pros and cons related to either selling your primary residence or renting it. Should you take a lump sum of cash or hold on for monthly cash flow? We’ll break down the advantages and disadvantages of both scenarios. Reasons to […]
How We Help Your Monetize Your Home
Many short-term rental management companies in a global destination like Miami offer landlords great returns on their investments. However, the sheer number of available short-term rentals and hotels means that there is also intense competition. To stand out from the masses and better monetize your home, means doing more than simply listing a condo/home/hotel room […]
How to Properly Manage Your Vacation Rental
When you enter the vacation rental business, the first distinction is to understand that you are in the hospitality business and not just the rental business. This means you are responsible for the minutiae of your guest’s stay, from when they book online to when they leave. A vacation rental has more responsibilities than a […]
How To Make Your Second Home Cash Flow Positive
Second homes are usually purchased for their scenic, relaxing location. Lakes, mountains, and beaches are, therefore, popular settings. That’s why they also make excellent vacation rental properties. However, making them cash flow positive isn’t as simple as hanging a “For Rent” sign in the window. If you still want to use your second home occasionally, […]
Tips For Choosing The Right Vacation Rental Property Manager
If you think you can handle managing your vacation rental property yourself, you might be in for a rude awakening. Unlike yearly rentals, vacation homes demand a level of labor intensity and customer service that many property owners are ill-equipped to handle. That’s because a vacation rental puts its owner in the hospitality business. Generally, […]