Depending on the market we work with different design & furnishing partners as well as different property managers that are best in class and can help our investors maximize returns. We have found that standing up and running a top performing vacation rental is not easy and it requires not only plenty of experience with vacation rentals but also local expertise and boots on the ground.
Below are some of the benefits to working with established property managers:
Relationships: They have relationships with top local contractors & suppliers and can negotiate the best possible prices.
Local Knowledge: They know the local calendar of events and help make manual pricing adjustments when the nightly price pricing algorithms are off.
Reviews: Established property managers are focused on getting 5 star reviews, which is critical if you want to maintain high occupancy and maximize revenue.
Logistics: They have experience managing a large cleaning staff that can service dozens of properties a day and can adjust when there are last minute complications.
Customer Support: They have resources and infrastructure to quickly respond to clients and resolve their issues in the most effective way possible.