Property Managers - the express route to vacation home rental failure

You just invested in a brand new vacation home in a great area and you are ready to start

generating revenue and making a nice return on your investment. The traditional solution to starting a vacation home rental operation is handing your home over to a property manager to provide turnkey management.

Here's what you get:

- Complete management of bookings, check-ins, payment, housekeeping

- Complaint handling of guest interraction

- Coordinating lawn care, snow removal, pest control

- Managing minor maintenance issues

Here's what they get

- 40% of all gross rental proceeds

And here's what they don't want you to know

- They are in business to maximize their profits, NOT yours

- They will stock their portfolio with enough properties to handle their peak periods so they never miss a booking opportunity. During non peak periods (most of the time), they pick and choose which homes get the rentals. When your home sits empty, it costs them nothing.

- Often, there will be incidental charges; hot tub fees; credit card fees; linen fees

- Some unscrupulous managers will hijack nights to use for their own revenue (especially if you are an out of town owner)

- They will fabricate maintenance issues to keep their maintenance personnel busy

The reality

- The property manager will actually siphon 50% of your revenue or more

- You still have to pay mortgages, utilities, major repairs, property taxes and upgrades

- You will struggle to generate any profit

- Your ROI on your vacation rental will remain near "0"

There is a better way ........ self managed vacation home rentals

Ditch the property manager !