vacation rental management: Vacation Rentals - Part II - The Highs & Lows of Self-Management
- 10/16/07 06:39 AM
To self-manage or not to self-manage; this will be your first big decision as a property owner. Enlisting the help of a property management company can save you considerable time and worry. They deal with all aspects of renting, including greeting the guests, kicking them out (if necessary). repairs, cleaning, etc. In the event of an emergency, they can be minutes away. This service comes with a price, which is typically 10 to 20 percent of the gross rental income, sometimes higher; and that can deplete your mortgage paying cash flow. They do offer various packages where you can select to … (0 comments)
To self-manage or not to self-manage; this will be your first big decision as a property owner. Enlisting the help of a property management company can save you considerable time and worry. They deal with all aspects of renting, including greeting the guests, kicking them out (if necessary). repairs, cleaning, etc. In the event of an emergency, they can be minutes away. This service comes with a price, which is typically 10 to 20 percent of the gross rental income, sometimes higher; and that can deplete your mortgage paying cash flow. They do offer various packages where you can select to … (0 comments)
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