I just finished talking to one of our listers who is in Hawaii (lovely area by the way, she is on Maui) and had been working recently with a property manager. Now, I’ve mentioned some of the negatives of dealing with property managers before in this space – their lack of good online marketing, their high fees, etc. I strongly believe that managing your vacation rental “by owner” is the way to go, and not just because I own LakeRentals and CoastRentals, but also because it was a decision I had to make many years ago myself.
This person in particular had come across something I never ran into when dealing with property managers – her property management firm only paid her 4 times per year! They would rent out her vacation home, collect the money and then only send her checks at the end of each quarter. I couldn’t believe [...]
Original post by nathaniel and software by Elliott Back
Written by Vacations MAX and Jamaica Tours