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Owning a rental property is profitable and can offer high returns. It can be a great way to fund a vacation property that you use occasionally or even to earn extra income. Nonetheless, it can also be complex. Here are five tips that will help you get the most out of your investment property.

1) Book Return Renters

One of the best ways to ensure a continual revenue stream is to keep it regularly booked. Satisfied renters like to take the guess work out of planning and will return to your property year after year. Going above and beyond to help you clients have a comfortable, fun and worry-free stay will encourage your guests to book their next trip as soon as possible. When your property is in high demand it sends a signal to other potential renters that your property is high quality and trustworthy.

Here at Breckenridge Resort Managers, client satisfaction and return customers are at the very core of how we work.

2) Know Your Tax Deductions

Did you know you can receive tax deductions on rental properties for renovations or repairs? However, claiming a vacation home as a rental property has some very specific rules attached. For example, you cannot use the home for more than 14 days of personal use or you must figure taxes using percentages of your time staying in the home. The more you know about the tax laws, the more potential you have to keep your profits. If you are not familiar with tax code, it will be worth your money to hire a professional to make sure you are getting the most out of your property.

3) Know Your Renters

Some vacationers want an affordable place to sleep but plan to spend the majority of their time on other adventures. Other vacationers want an attractive and luxurious place to stay with all of the bells and whistles. It’s important to know which clientele best suits your property.

If most of your renters are only looking at the price point, don’t spend extra money on fancy upgrades or expensive amenities. Keep the rental price low to attract a steady flow of adventurers. If your renters tend to be the latter, you will want to make sure your property is up to par. Comfortable furniture, a well stocked kitchen, a game room, a fireplace or fire pit, and a hot tub are all amenities that will that many vacationers will splurge for and will make your property stand out.

4) Excellent Customer Service

Renters want to feel like they are a priority. Consistent communication, a quick response to complaints, and a property that is easy to use will help your renters feel more at home. It’s crucial that quick and professional communication be the norm with clients, no matter the request. (Did we mention we have a 24 hour answering service for guests?)

5) Property Management Service

RealEstate.com reports that a property management service will help improve your returns, save you time and headaches, as well as increasing your profits.

It can be hard to offer excellent customer service, make repairs and ensure client satisfaction and loyalty when you live far away from your rental property, or even when you have a full time job that demands your attention. While a property management service costs a percentage of your rental value, the benefits outweigh the costs. A property management service like Breckenridge Resort Managers is crucial for getting the most profit from your investment property. We will ensure that your clients stay happy, are cared for and look forward to returning.

If you are considering a rental property or are already invested in one, seek out financial and property management professionals to help you determine how to get the most out of your investment property.

Breckenridge has tons of summer activities for the whole family. If the cool, fresh mountain air, spectacular views and fields of wild alpine flowers are not enough to draw you into the mountains, there are plenty of events and activities to enjoy with your friends and family. Here are a few of our favorites.

Tours with Breckenridge Heritage Alliance

The Breckenridge Heritage Alliance offers a broad range of walking tours guided by local experts. You can take a leisurely stroll through the historic district in downtown, join friends for a Victorian Tea in a historic home, or take a Twilight Tombstone Tour. They also offer hikes to historic mining ghost towns and other places of interest near Breckenridge.

Country Boy Mine

Located just two miles from downtown Breckenridge, the Country Boy Mine is the perfect place to learn about the area’s rich mining history. Once an active gold mine, you can now take a mine tour and see what it was like working underground. This isn’t just a museum; you can also try panning for gold yourself or slide down the 55 ft. ore shoot. The Country Boy Mine is a great attraction for the whole family.

Festivals

There are festivals and events most weekends throughout the summer. Plan your trip around an event that piques your interest, such as the WAVE: Light + Water event, Breckenridge Beer Fest, or The International Festival of Arts. Take in exhibits and events throughout the festivals while enjoying all the shops and dining in downtown Breckenridge.

Events at the Riverwalk Center

The Riverwalk is a venue that offers concerts and events ranging from free late night movies to classical performances to folk concerts. Check out their schedule and enjoy your favorite artists in this stunning venue.

Hike a 14er

Colorado is proud of its many peaks over 14,000 feet, lovingly called 14ers. There is no shortage of 14ers near Breckenridge. Mt. Quandary is one of the most commonly ascended peaks. The trailhead is easy to access, located off of Highway 9 going south toward Hoosier Pass. Start early in the morning to avoid dangerous afternoon thunderstorms. If your family is not up to a 14er, there are many easier hikes that allow you to enjoy beautiful scenery at a comfortable pace. See our past post about best hikes to view the wildflowers.

Local Hiking Trails

If a 14er isn’t in the schedule for you, try one from Breckenridge’s extensive trail system with hiking trails for all skill levels. Beginners, kids and families will enjoy Boreas Pass Rd which has great views, but is relatively flat and wide. More advanced hikers will enjoy Boreas Pass mountain trail or Baker’s Tank Trail which is littered with wild roses and other wildflowers. (Learn more about our local wildflowers here.)

Epic Discovery

Take the Gondola up the mountain and experience Epic Discovery. An all day pass will get you access to the alpine slide, alpine coaster, ziplines, climbing walls, a bungee trampoline, mini golf and so much more. Epic Discovery provides a full day of activity for everyone in the family. Some of the activities have age and height requirements, so check to make sure your family can enjoy the activities they were looking forward to. Epic Discovery also offers off-road jeep tours, guided hikes, and guided mountain bike rides.

Get Away

Summer is the ideal time to plan a getaway to the mountains. Leave the business and heat of the city behind. Enjoy quality time with your family at the many family friendly attractions. Find adventure on a hike or mountain bike ride. Enjoy miles of paved trails for road biking, play a round of golf and check out your favorite artists all within the vicinity of this relaxing mountain town. Book the perfect home base for your summer adventure with Breckenridge Resort Managers.

Sources

Photo: “Old Gold Mine Near Breckenridge” by Lars Plougmann

Photo: “Blue Colombine on Boreas Pass” by Colorado’s Wildflowers

Breckenridge has more to offer for outdoor adventurers than just skiing. As soon as the snow melts and the mud dries, it is time to bike! There are amazing trails all over Summit County perfect for mountain bikers ranging in skill level from beginner to advanced. Road biking on miles of paved trails is another way to enjoy the stunning scenery throughout Summit County. Breck Bike Week offers the ideal opportunity to learn more about biking, bike trails, trail etiquette and all the latest equipment, as well as celebrate the sport with friends.

Kick Off The Week

Breck Bike Week kicks off on Wednesday, June 21st with the Summit County Bike to Work Day. Start the day biking in for a cup of coffee at Blue River Plaza and close out the day with a bike-in movie.

Clinics

The week will include various clinics. Women can check out the mountain bike clinic designed specifically for women interested learning more about single track riding. There are also workshops for more advanced riders. Learn about bike maintenance in the maintenance clinic. You can even do a bike crawl exploring the best high altitude distilleries and breweries.

Expo

Friday and Saturday feature a Vendor Expo and Demo. Check out the latest bikes and even take some out for a demo ride. Get a feel for the best new components and see what’s the latest in the world of biking equipment.

Poker Ride

The Poker Ride, a fundraiser for Summit Fat Tire to support their local trail work takes place on Saturday. Ride between all the stops, gathering a poker card at each stop. Present your hand at Napper Tandy’s during the Poker Rider Party party to compete for an awesome prize. If your hand is a dud, you will still be entered for great raffle prizes.

Pond Crossing

For some entertainment check out the Pond Crossing. If you are brave, you can join participants as they try to cross the dredge pond on a 10” plank. Dress up to match the disco theme and win a prize for best costume or most spectacular fall. You can even enter the big wheel race that circles the pond.

More Information

Both avid and casual riders will find an event they enjoy during Breck Bike Week. Many of the events throughout the week are free, however they are limited to only a few participants. Go to GoBreck.org to view all of the details for each event. The page also provides contact emails to sign up for specific events. Get to know a new side of Breckenridge through all of the events offered during Breck Bike Week. The tips and trails you can learn about during this week will help you enjoy biking all summer long.

Sources

Photo: “2010_07_Firecracker50_004” by Dave Wrigh

The periods from late April until mid-June and Late September to Mid-November are often called “the shoulder” seasons in Summit County. Locals also call them as “mud season” for the mud that used to line town streets before they were paved in the 1970’s. The unpredictable weather makes winter sports like skiing and snowshoeing more challenging and summer sports, such as mountain biking not yet feasible. Outdoor sports attract visitors to Breckenridge, so the mud season is the off season for vacationers. There is typically less demand for vacation rentals during this time, as many outdoor activities are not enjoyable. As a result of the decline in rental demand, mud season is the ideal time to conduct maintenance and complete the projects that gets pushed to the side during the busy winter months.

Here are a few things you should do to your rental property during the off-season.

1) Complete Big Projects and Large Repairs on Your Property

Rental properties will typically degrade over time, both from wear and tear, and age. If there have been repairs needed during the rental season, such as a new water heater, furnace, or updating furniture, now is the perfect time. Repairing or replacing equipment that is nearing the end of its life span during the off-season will save you time and money later on. If these repairs must occur during the rental season, you could lose considerable rental income if the repair is needed mid-season.

Secondly, remodeling your kitchen or bathroom will enhance the value of your property and increase rentals, and can easily be completed during these slow months.

2) Refresh Linens and Towels

Take stock of your linens and towels to determine if they are starting to become dingy, worn or stained. Your guests feel more comfortable when your linens look fresh and clean. Linens can wear out surprisingly quickly when you have a steady stream of guests using them. The off-season is an ideal time to remove old linens and replace them with fresh items. If you have a professional company providing your linens, this will be taken care of for you normally.

3) Brighten Your Property With Fresh Paint

A new coat of paint can work wonders in any property, both covering scuffs and scratches, as well as breathing life into dull or dingy rooms. It can make a home feel cozy and clean without having to invest in major renovations, and brighten up a room to become more exciting. A steady stream in renters results in minor wear and tear over time, which dulls the ambiance of the property. Dressing up a property with a fresh look can have a wonderful impact on guest satisfaction, and provide the appearance of a well-cared for property.

4) Enhance Your Property With New Amenities

Adding strategic amenities will bring renters to your property and may even allow you to receive a higher rental rate. If you have been considering adding a hot tub, pool table, fire pit or home entertainment center, the off-season is the opportune time to make these upgrades. Be ready to entice renters in the peak season with top-notch amenities.

5) Restock and Retool Your Kitchen

Most renters really appreciate a well-stocked kitchen, even if they dine out most of their vacation. Many tourists who rent vacation homes look forward to cooking their own meals, and some take great pride in family dinners. Off season is a perfect time to make sure your kitchen is well stocked with a good variety of kitchen utensils and cookware. If any of your utensils, cookware or tableware begin to show wear and tear, consider replacing them with upgraded products. Look at providing new and functional appliances like crockpots, food processors, and blenders. Providing a well-stocked spice cabinet is also a bonus many renters really appreciate.

Ultimately, you want to make sure that your rental property is excellent shape before a peak season hits. You can be confident and secure that your renters’ stay will be perfect when you have taken some time to prepare in the off season. When you work with Breckenridge Resort Managers, we monitor your vacation home throughout the year, as well as preform complimentary spring inspections. We will let you know what essential maintenance is required or projects that can bring value to your home. We can also connect you with trusted contractors for major repairs. Additionally, when the unforeseen does arise, we are local and available to assist you along the way.

We work hard so you and your renters have an excellent experience renting your vacation home, and you are able to focus on the needs of your primary home.

One of the best ways to unwind after a day of tearing it up on the ski hill is to enjoy a drink with friends. Breckenridge has a wealth of unique restaurants and bars that cater to apres ski. Here are some of the best places to find good happy hour specials.

The Motherloaded Tavern

The Motherloaded Tavern is the perfect stop for a cold evening. From 3-6 pm you can get $6 dollar hot drinks or mason jar cocktails that include house infusions such as maple walnut bourbon or cran-orange clove rum. Their happy hour specials also include $1 off beers with a selection of Colorado beers on tap and $3 cocktails and infusion shots. Toast a marshmallow at your table or enjoy disco tots with cheese and gravy to warm up.

Hearthstone

If you want to enjoy a quiet glass of wine to wind down, Hearthstone offers an intimate and charming atmosphere set in a Victorian house with views of the ski resort. From 4-6 pm you can indulge in sophisticated small plates like wild caught red snapper or Colorado lamb meatballs. Choose from an extensive wine list for $6 or $8 dollar glasses. Their martinis are also one of a kind.

Kenosha Steak House

When you want a Colorado craft beer head to Kenosha Steak House. This happy hour gets started early running from 2-5 pm every afternoon. They offer $2 off their beer and wine. Choose from 31 different beers on tap.

Mi Casa

Mi Casa is known for their margaritas. Choose from their vast selection of tequilas or one of their many Mexican beers. Nothing quenches a hunger and thirst quite like tacos and margaritas. They also offer free chips and a few different salsas in the bar area. The bar area is packed most days during happy hour, so get there early!

Modis

Modis offers two happy hours, 3-6 pm and 10-12 pm. They have an extensive list of creative and vintage cocktails that you won’t find anywhere else. They also have an expansive collection of wine. Enjoy the contemporary atmosphere and artful food at this modern bar and restaurant.

Gold Pan Saloon

Experience a piece of history while you enjoy your drink and a burger. Established in 1879, the Gold Pan Saloon holds the longest continuous liquor license west of the Mississippi. With remnants of the gold mining era everywhere you look, the Gold Pan Saloon offers a relaxed and historic atmosphere.

Ease out of the day and trade stories of epic runs at these quintessential Breckenridge happy hours.

Sources

“The Best Happy Hours in Breck: A Locals Guide” Best of Breckenridge

“Best Happy Hour in Breck” Breck

You own a property in Breckenridge, investing up to $1.5m of your own money, and now you are ready to rent it out to offset some of the cost.  So what’s the plan for most owners and many management companies to obtain rentals? Get a $500 listing on VRBO.  In today’s travel market, a wider net needs to be cast to capture the attention of savvy guests.  There are a plethora of vacation rental websites and it quickly becomes very challenging to manage them all on your own.

Secondly, potential vacation guests use a complex network of social media sites and review sites to spread messages about positive or negative experiences with vacation rental properties.

Owners with Breckenridge Resort Managers enjoy a robust and nuanced marketing plan for their properties, ensuring that more guests will rent and return to your property.

Search Engine Optimization

SEO is a common term that is used to describe marketing on the internet, but what does it mean? The goal is for a specific website to turn up close to the top of the search engine results page for different keywords. For example, if someone searched for “Vacation rentals in Breckenridge,” we want to be near the top of the list of websites that are suggested by the search engine. We do this by implementing important “on page” keywords, developing new content, and ensuring that our listings and our website are current and up-to-date. In addition to maintaining a healthy website, we also stay active on various social media platforms so that we can be found on all corners of the web.

E-mail and Direct Mail Marketing

We also use e-mail marketing and direct mail marketing to make personal contact with potential clients. These forms of marketing remind potential clients about our services and listings, offer incentives and ensure that the properties we manage are on the forefront of clients’ minds when they begin planning their vacations. This type of direct marketing will be tailored for the various segments of guests, to appeal to their unique type of vacation preferences.

Building Loyalty

The best way to ensure consistent revenue when renting your property is to create return guests. We provide memorable experiences and hotel-like guest services to encourage loyalty and repeat visits. We ensure that properties are impeccably clean and free from damage or items needing repair. We also provide a variety of guest amenities and information, insuring our guests receive the best possible experience. In addition to giving renters an excellent experience, we constantly reach out to former renters via email with incentives to return. A well-executed guest loyalty program encourages renters to return, and they will share their positive experience with others through word of mouth and their social network. Positive word of mouth is an excellent marketing method, and by far the most effective tool we possess.

Additional Strategies

In addition to the important strategies listed above, we also utilize banner ads on partner websites, Search Engine Marketing (SEM) direct advertising and third party travel partnerships to direct people to your property. All of these marketing efforts work together to create a vast web presence, ensuring that potential guests find your vacation rental property. We work hard and have a specific marketing plan in place so that your property is not overlooked among the vast network of property rental sites, and the thousands of rental properties in Breckenridge.

In Breckenridge, you will find so much more than skiing and shopping.

In fact, you can find activities for everyone of all ages and interests. If you’re looking to spend some quality time with your entire family, Breckenridge is the place to visit because it has plenty of amazing family-friendly adventures to offer.

Round up your loved ones and try one, a few, or even all of the following winter activities in Breckenridge:

1. Sledding at Carter Park

The sledding hill at Carter Park is bigger than most at 300 feet in length, and it has a few bumps to give the daredevil in your family an adrenaline rush. The hill is so big and fun that your family can easily spend a few hours sledding there. An added bonus is the dog park right next to it, where your family can hang out with the dogs whenever someone needs to catch a breather from trekking up and down the hill.

2. Ice skating at the Stephen C. West Ice Arena

At $8 per person and $4 per skate rental, your family can spend hours in the rink on a budget. If you’re lucky, you may even catch a fun event like Ullr Skate or Disco Ball Skate Night!

3. Visiting the Mountain Top Children’s Museum

This museum, which is located at the south end of Main Street, offers fascinating exhibits, creation stations, and activities for children ages 10 and under. The museum’s mission is to encourage imagination, creativity, and curiosity in children by exposing them to all kinds of fun subjects, including (but not limited to) animals, ski patrolling, outer space, color experimentation, arts and crafts, recycling, construction, dressing up, and more.

4. Spending an entire day at the Breckenridge Recreation Center

Fork over $15 per adult, $7.50 per child, $12 per senior citizen, or $38 for the whole family and enjoy 69,000 square feet of pure fun. The Breckenridge Recreation Center, which is found on Airport Road, has a gymnasium, indoor tennis courts, pools, a water slide, a racquetball court, basketball courts, a sauna, spas, a pro shop, an indoor rock climbing wall, and a child care center.

5. Hanging out at Downstairs at Eric’s

This place has it all. Children and teenagers will find delight in the many arcade games around the restaurant. Parents and grandparents will jump at the chance to sit at the bar and throw back a few beers while watching the game on one of the few TVs behind the bar. The entire family will enjoy the extensive menu that includes burgers, pizza, gyros, sandwiches, salads, and more. An evening at Downstairs at Eric’s is time well spent.

In addition to the above activities, there are many more family-fun winter activities in Breckenridge. You can look into taking an art class with your children in the Breckenridge Art District, snowshoeing, visiting the Henry Ford Museum, or exploring at the Edwin Carter Discovery Center. There is something for everyone in your family!

Here at Breckenridge Resort Managers, we understand the challenges of owning and caring for a second home, particularly in the unique climate of the mountains. Frozen pipes, snowplowing, wear and tear on appliances, managing guests – all these can quickly sour your visit and make your vacation more work than relaxation.

Enter Breckenridge Happy Homes.

We created Breckenridge Happy Homes for this reason – so you can enjoy your second home, without wasting your vacation time on the ever-expanding to-do list. Toby Babich, owner and founder of Breckenridge Happy Homes and BRM says, “Breckenridge Resort Managers has been providing professional property management for vacation homes since 2008, and our experience, knowledge, and credentials are a demonstration of our dedication to our craft.  To bring that dedication and professional experience to a wider audience of homeowners, we opened Breckenridge Happy Homes in 2016 to serve owners who have second homes in Breckenridge.”

Whether you are looking to rent your second home or just want a watchful eye on it while you are gone, we take the chore out of second home ownership.

Here are a few of the services we offer:

without property rentals

• Wellness Inspection
• Emergency Calls
• Housekeeping
• Repair Coordination and Supervision
• Alarm Monitoring

with property rentals

• Housekeeping
• Key Service
• Post Guest Inspections
• Emergency Response

Breckenridge Happy Homes can protect your family’s investment, as well as protect your vacations. Visit our new website for a full list of the packages we offer or call to protect your home today.

Breckenridge is truly a winter wonderland that has the potential to give you a magical once-in-a-lifetime vacation experience. The absolute best way to make the most out of your Breckenridge vacation is to relax at a nice, comfortable, and cozy ski in/ski out rental property after a long day of playing in the snow. The place you choose to rent can make or break your vacation. That’s why we put together a list of three of the very best ski in/ski out properties in Breckenridge. Even our budget friendly ski in/ski out properties offer an optimal lodging experience with a fireplace, full kitchen and a top-notch location. Our most high end property is incredibly luxurious and offers more than you could have imagined.

1. Trails End

455 Village Road / Breckenridge, CO

1-bedroom condo, starting at $109/night

Why we love this property: Even though the unit at Trails End is ridiculously affordable, it still offers more bang for the buck than usual. For only $109 – $239 a night (depending on the time of the year), you get enough bedding for 4, a full kitchen, a fireplace, a private deck, and access to indoor and outdoor hot tubs. Did we mention that the unit is only a block from Main Street and the Quicksilver chair lift is right in its backyard? Click here to book this rental property.

2. Tyra Summit

800 Four O’Clock Road / Breckenridge, CO

2-bedroom condo, starting at $139/night

Why we love this ski-in/ski-out property: A walking distance from the Snowflake chair lift and downtown Breckenridge, the 1124 square-foot unit at Tyra Summit boasts an oversized foyer for degearing (an absolute must, given how wet and dirty skiing gear can get), comfortable leather couches, a full updated kitchen, a laundry room, and a large rear deck. On the premises you can find underground parking, an indoor pool, hot tubs, and a clubhouse. Click here to book this rental property.

3. Crystal Peak Lodge

1891 Ski Hill Rd / Breckenridge, CO

4-bedroom condo, starting at $425/night

Why we love this property: If you’re going all out on your vacation, we highly recommend this luxurious 2060 square-foot unit. It comes with all the bells and whistles, including (but definitely not limited to) a full high-end kitchen with all the appliances and supplies, windows with majestic views, the richest linens, and plenty of plush oversized seating. Not only that, but also the complex is located right next to the Independence chair lift at the base of Peak 7. It’s also next to the Breck Connect Gondola, which will take you right downtown in a matter of 10 minutes. The unit is luxurious and high-end, but it doesn’t stop there. The complex, which is just as luxurious, also has plenty to offer, including onsite hot tubs, a bowling alley, a movie theater, a steam room, a fitness center, fire pits, and various recreation areas. Click here to book this rental property.

See more of our fantastic ski in- ski out properties in Breckenridge here.

At some point after acquiring a vacation rental property, every landlord asks himself this question: Why use a Vacation Rental manager? What can a Property manager do that I cannot do myself?

It’s a really good question, and we’re here to answer it. Here are five good reasons to hire a property manager for your vacation rental property:

1.  Industry Knowledge

VRBO and AirBnB are not the whole of the vacation rental industry; they are an important part of it, but small part of a very large industry.  A professional Vacation Rental Manager will study and harness vacation rental trends, best practices, inside information, and emerging technology to elevate the success ofthe properties they manage.

Do you know the daily occupancy rate in your market?  Are you aware of the timing of local tourism marketing efforts and the reach of those efforts so you can capitalize?  Do you shop competitive rates weekly to ensure you are positioned well within the competitive set of properties in your market?  Do you know the overall demographic profile of your potential guests, and how that translates into their ideal vacation experience?  What technology do you use to manage the guest lifecycle, and what is the uptake percentage of that technology?  How widely distributed is your property across the OTA, wholesale, and transactional third party booking partner sites that make up a large and fragmented online travel market?

A professional Vacation Rental Manager will have a quick and educated answer to all of these questions, as well as dozens more building blocks that formulate an effective management strategy.  Our goal is to be students, experts, and leaders in a very complex industry, providing our owners and effective and professional resource to maximize the management and revenue of vacation rental properties.

A true professional Vacation Rental Manager will ensure you never question why you partner with them, and will be far more valuable than any commission percentage you may pay them.  

2. Less stress for you

Managing your vacation rental property can be extremely time-consuming and challenging, no matter if you live close by, or many miles away.  Providing quality management and guest services requires instant and rapid response times before, during, and after a guest stays in a property.  To manage properly, it must be a full time job and not a hobby or weekend activity.

You have to stay on top of multiple important property managing duties, such as handling bookings, scheduling and managing housekeeping, ensuring pre arrival readiness, stocking consumables and amenities, providing guest services and communications,  and being on-call to handle any issues that may arise

during a guest’s stay. Managing a vacation rental property is a full-time job, and if it gets too stressful for you, the quality of your guests’ stay might suffer, which brings us to the next point…

3. Better online reviews

A happy guest is a five-star review.  On the reverse, an unhappy guest is a potential one-star

review. In addition, an unhappy guest is far more likely to leave a review than a happy guest.  Vacationers expect a high quality “hotel experience”, and full satisfaction with their vacation.  If you’re unable to provide an optimal lodging experience to your guests due to not being locally present, your own full time job, being too busy with your everyday life, or any other reason, you need to use a property manager.

A qualified property manager will make it his job to be wholly dedicated to your property and guests. He/she will be on call to handle any issues that may arise with the property or your guests. Such attentive customer service can lead to glowing reviews of your property, which in turn leads to more bookings.

4. Constant supervision of the property

In addition to being on call every time a guest stays at your property, a professional property manager also keeps an eye on your property and ensures that everything is in working order for the next booking. He also takes care of repairs right away, manages housekeeping, and stays on top of cosmetic

improvements.Not only does having your property so well-maintained please your guests, but it also can have a huge positive impact on its real estate value.  Professional managers manage your revenue, but more importantly, they manage a large and complex investment asset- your vacation rental property.  Ensuring your property is enhanced and appreciating in value over time is just as important as your yearly gross revenue.

5. Local connections

Your property manager should also be a well-connected local who can provide you efficient and effective housekeeping, repairs, property maintenance, and more. If you don’t live in the area, you might benefit greatly from your property manager’s local connections, and internal staff.

Once you’ve got an expert looking after your vacation rental property, you can finally kick back and relax with a glass of wine while the rent checks roll in, comfortable in the knowledge that you have a professional looking after your investment.