Best Neighborhoods for Ski-in / Ski-Out in Breckenridge
Posted by admin
| Wednesday, July 31, 2019
With all this heat, you may be dreaming about your ski vacation. July is a great time to start planning so that you can secure your perfect vacation rental property before they someone else beats you to it. There will be greater availability if you start planning early, and you will end up with more choices if you book early. For the ultimate winter luxury and convenience, a ski-in/ski-out vacation rental is exactly what you need. You can hit the slopes earlier, stay out longer and come home for lunch when your vacation rental has easy access to the mountain. Here are the best neighborhoods for ski-in/ski-out in Breckenridge and what is so great about them!
There are a number of neighborhoods west of Main Street that offer slopeside access. The Four O’Clock neighborhood is one of them. It is named for the Four O’Clock run, one of the the longest runs in Breckenridge. It goes all the way into town so you are able to ride back to your property at 4:00 when the ski lifts close. The Snowflake Chairlift is easy to hop on when you are ready to head out in the morning. It is easy to get to all of the peaks from this convenient location.
Nestled away just to the south of Peak 10 is the “White Cloud” area of warrior’s mark. This neighborhood boasts some luxurious single-family homes, with stunning views. Though this area is noted as ski-in/ski-out, the path to Peak 10 to upper Lehman is a bit more difficult to access for beginner skiers and can be inaccessible in the early season depending on snow conditions. However, the serenity of the area, views, and luxurious choice of homes is unmatched in Breckenridge.
Peak 7 and 8
Peaks 7 and 8 have quickly become the “village” of Breckenridge and offer several luxury lodges and single family homes. From these areas you can access lifts on Peak 7 and Peak 8 just steps outside the lodges. This area offers stunning views and is a little quieter than the neighborhoods closer in towards Main Street.
The base of Peak 9 is full of activity. It has condos that are situated close to the quicksilver and Beaver Run chairlift. It also has great options for aprés ski dining and entertainment. Many Breckenridge celebrations and events are centered at the base of Peak 9 due to the easy access to town both using the free town bus and your own feet.
The Best Vacation Rental For Your Trip
The great thing about Breckenridge is that you are never far from town or from the slopes. An excellent shuttle system and gondola keep the whole town well connected. Unlike other ski resorts, Breckenridge ski-in/ski-out vacation rentals are not remote, hard-to-get-to locations. They are close to the runs and close to town. You can get a few runs in on the slopes, and a few minutes later be enjoying a massage at a spa, or savoring a meal in town. In addition, if you don’t choose a ski-in/ski-out property for your vacation, it is not too hard to get to the chairlift. You can use the free shuttle system to get on the mountain fast, without having to worry about parking. With advanced planning, you will be able to choose from plenty of properties so that you can find the right one for your ski vacation. Check out Breckenridge Resort Managers to begin planning your ski vacation today.
How to Make your Vacation Rental Appeal to Summer Vacationers
Posted by admin
| Friday, May 31, 2019
Summer is prime time to rent out your vacation home. Families gather for reunions, old friends meet up, and couples find some one on one time during June, July, and August. You can make your vacation rental appeal to all of these groups so that your rental stays booked all summer long.
The Great Outdoors
Unlike winter in Breckenridge, guests flock to the mountains in summer for the variety of activities that can partake in outside and in nature. Hiking, cycling, water sports, and simply sitting in the woods and having a picnic are all reasons guests love to come to Breckenridge in the summer. No matter if the trail or stream is out your back door or way down the road, highlighting how a guest can easily access the great outdoors from your property will catch their interest and give them a reason to book your property. Supply directions, maps, and details to make their decision easy, and their vacation wonderful.
Outdoor spaces are key for summer rentals. Vacationers love to use outdoor seating, grills, hot tubs, hammocks, and more. It doesn’t take much to set up an inviting outdoor space. Hang a swing on your front porch. Provide a fire pit and some Adirondack chairs. Put a propane grill on your patio along with a table and chairs. If you don’t have any outdoor spaces available, point out your proximity to local parks, trails, or other activities. Remember to consider fire danger and take appropriate precautions. If there is a fire ban and you have a fire pit or charcoal grill remind your guests that they are not allowed to use them. Do not provide firewood or charcoal during a fire ban. Make sure you have any burn permits easily accessible so that your guests know all of the rules and regulations.
Highlight Family Spaces
Many people use vacation rentals instead of hotels because they are traveling with a group of people. Show off any bunk spaces or rooms with multiple beds. Families prefer homes that have spaces for older children to stay together, or rooms large enough for families with young children to sleep together. Be sure to point out any amenities like pool tables, ping-pong tables, or even yard games and fishing equipment.
Many summertime vacationers look forward to taking their favorite furry friends with them on their adventures. Hiking with dogs is an especially loved pastime. Consider making your property pet friendly. Many visitors would gladly pay a fee instead of having to pay for a kennel to board their pet.
These simple steps will help your property stand out as the ideal summer vacation home. Know the best things to do in your area during the summer and highlight them for your guests. Think about what a summer renter wants in a vacation home and do your best to provide as many of those amenities as possible. When you rent your home in the summer, you can get premium rates and enjoy the fruits of a high traffic season.
Mud Season Deals to Look For
Posted by admin
| Wednesday, May 15, 2019
Mud season is changing around Breckenridge. It used to begin in late April, when the ski resort closed. It would stretch through May, as late season snows kept trails muddy and sometimes impassible. Many restaurants, shops, and lodges offered deep discounts during this time. Mud season is different this year because the ski resort will be opened through May 27th, weather permitting. Not only will there be great mud season discounts, but also skiing! Come enjoy spring time in Breckenridge, take advantage of great deals, and the last few weeks of skiing.
Spring Dining Passport
Get your spring dining passport at the Breckenridge Welcome Center or any of the participating restaurants. For a $10 donation you can take advantage of two-for-one deals at many restaurants, as well as other discounts and specials. The Breckenridge Restaurant Association invests the donations back into the community. In the past, it has been used to offer scholarships to local students. These dining passports are good for use from April 22nd to June 6th.
Breckenridge is putting on its spring finale. Some terrain will be open until May 27th this year. You can get a lift ticket for as little as $99 when you buy it in advance. During the weekends there will be outdoor music and activities, such as snow volleyball. Get out on the mountain and enjoy some extra runs this mud season. Keep in mind that not all of the terrain will be accessible, and some lodging will no longer be ski-in/ski-out. For more information, visit breckenridge.com
As gear shops wind down their rental season and make space for the newest models, they tend to clear out their old merchandise. You can find deeply discounted jackets, helmets, ski socks, and snow pants. You can also usually find deals on used rental skis and boards. Mud season is the ideal opportunity to update your gear.
Lodging can also become more affordable during mud season. Many vacation rentals and lodges are available at a lower price than during peak season. Breckenridge Resort Managers offers a last minute booking deal
. If you book within 14 days of your vacation, you can get up to 25% off of your stay. When you need a quick getaway to recharge in the mountains, Breckenridge can be the ideal place in the spring,
Find the Best Deals
Just about everywhere you look during mud season you can find discounted prices. Check out your favorite restaurants, boutiques, and gear shops to find the best deals around Summit county. Keep in mind that some of your favorite places may be closed or offer reduced hours during the mud season. If you are looking for a more relaxed vacation, with fewer people, and time and space to explore, mud season is the perfect time to vacation in Breckenridge.
Photos courtesy of the Breckenridge Tourism Office
Make the Most Out of Off-Season
Posted by admin
| Monday, April 29, 2019
Important Renovations and Maintenance for Your Vacation Rental
Because Breckenridge is a seasonal town, it’s easy to forget the value of an off-season. We get so busy during high season, that we tend to just shut off when things slow down. There’s real value in downtime. We understand that. Nonetheless, we can also learn how to make the mud season work for you.
Here are a few ways that you can make the most out of your vacation rental’s downtime and maximize profits during the high season.
Routine Maintenance for Your Vacation Rentals
Routine maintenance is not an impressive renovation, but mud season is the ideal time to complete it. Have your furnace and water heater checked, get your hot tub serviced, and check the roof for any damage. The last thing you want is a broken water heater in the dead of winter, during prime time rental season. If it can ward off any major malfunction during peak season, these routine checks are worth it.
Now’s the time to go over the numbers. What time period yielded the highest revenue, and what time period yielded the lowest? Why was the lowest time period different than other weeks?
Secondly, read over your and highlight any area you can improve. A little introspection will go a long way in increasing your profits.
Ask yourself the important questions with an open mind and plan out how you can improve the following year.
Now that you’ve had some visitors to your vacation rental, you know what can be improved on, to make your rental unit stand out. Here’s a few renovations that we know work.
Add Luxury to Your Bathroom
When vacationers are on a getaway, they are hoping to relax. A lavish and inviting bathroom can help renters feel like their stay was everything they were hoping for. Considering adding a Jacuzzi tub, or even just a rainfall shower head. A little bit of luxury can go a long way.
An Outdoor Room
Update your outdoor space to get ready for the summer. Create an inviting outdoor room. This could mean putting up a pergola for some shade, adding seating and a gas fireplace, or even putting in an outdoor kitchen. Summer vacationers look forward to spending time outside and cherish the gorgeous Breckenridge sunshine. When you have a space that is comfortable, inviting, and easy to use, you will stand out to potential renters.
A quick coat of fresh paint on the walls, especially in the highest traffic areas can bring a new, clean look to your vacation rental. With a lot of people moving through your home, it can easily show wear and tear. Painting is a simple, do-it-yourself project that can quickly and affordably make your home look like new.
Carpet can be really hard to take care of. It can attract stains and dirt and after a short period of time can begin to look dingy. Consider adding wood, tile, or an alternative such as laminate in places where it is appropriate. This is much easier to clean after guests leave. If you are a pet friendly vacation home, this can be even more helpful as carpet tends to collect dust and fur. After the carpet is gone, add rugs that are easy to clean. This will keep your home feeling warm and comfortable even if there isn’t much carpet.
Try to knock out a few renovations this mud season so that you can attract even more renters in the peak summer and winter seasons. As you renovate, choose styles and pieces that are timeless, cozy, inviting, and fit with the feel of your location. These renovations will endure throughout the years so that you won’t need to constantly changing your rental home.
Connect with Your Property Manager
Reach out to your property manager and discuss the past high season. Your property management company will be intimately knowledgeable about your renters’ experiences and can provide valuable feedback. Make use of that knowledge!
Here at Breckenridge Resort Managers, we value our owners and the relationships we build with them. We look forward to hearing from them!
Reach out to discuss your vacation rental, or becoming one of our valued property owners.
5 Things to Make your Vacation Rental Stand out from the Crowd
Posted by admin
| Sunday, March 31, 2019
There are so many options for choosing a vacation rental. Between hotels, hostels and the myriad of AirBnBs – all that compete for loyal vacationers – how do you stand out in a crowd? Luckily in our years of experience, we have learned a few things that will help your vacation rental shine and be noticed. Here five things that can set you apart from other rental properties.
1) Unique Amenities
Hot tubs are always desirable, but many vacation rentals have them. There are other amenities that renters enjoy that can be even easier than hot tubs. Think about local activities and equipment that might help your renters enjoy their destination. Kayaks, bikes, snowshoes, sleds, and fishing gear are a few examples of things that might be fun for a renter to use.
2) Kid Friendly
Many families prefer vacation rentals to hotels because they can put young children to sleep and still stay awake, or they can have separate spaces for kids and adults. Lower-level game rooms are a big draw for families with teens. Bunk rooms for multiple kids to sleep together are also an amenity that families value. If you really want to appeal to families, you may also want to consider some outdoor play equipment, or toys and games to play with indoors.
3) Outdoor Spaces
An inviting outdoor space can attract nature lovers. Hammocks, cozy fire pits with chairs, grills, Adirondack chairs, and porch swings can create an ideal place to relax and enjoy the outdoors.
4) Easy, Flexible Check-in/out
Make check-in and check-out as smooth and easy as possible. If your renter has special requests, such as an early arrival or late departure, do your best to accommodate them. Many vacation rentals have strict rules about this due to cleaning needs and quick turnover. When you are able to be more flexible, it will help you stand out as unique. People with special check-in and check-out requirements will be more likely to book your property.
5) Local Connections
People love to experience the local Breckenridge scene when they are on vacation. They like to feel that they have the inside scoop on their beloved vacation spot. Make a book with your “best of Breck” tips that include restaurants, bars, boutiques, and other off the beaten path places. If you know of any local parties or events that may not be widely advertised, be sure to invite your guests. These kinds of connections are what encourage renters to return year after year.
A cozy, inviting home is always the goal for a vacation rental in Breckenridge. What will make you stand out above the crowd is helping your renter have a distinct experience. Consider your location and the amenities that will help your renters connect with their destination. Whether it is a local party, sporting equipment, a warm fire pit with all the makings for s’mores, or a headache free check out, giving your renter the ideal experience will make them want to return and tell their friends about what a great time they had.
What You Need to Know Before Buying a Vacation Rental Investment Property in Breckenridge
Posted by admin
| Monday, February 18, 2019
Renting out your Breckenridge vacation property can be an excellent way to own a vacation home while supplementing some of the costs. However, vacation homes are a huge investment and, if it is done without much forethought, you could encounter some major headaches along the way. Take time to do your research and ask yourself important questions about your goals. Then, you will be able choose the best vacation rental investment property for your needs.
Know The Laws
The local Summit County communities are beginning to enforce strict vacation rental regulations. Take time to research what laws are in place and how many days homes in certain areas can be rented for. While communities may allow vacation rentals, they may have specific guidelines and restrictions. In addition, homes in covenant neighborhoods may have other rules and regulations you will need to follow. Make sure your goals for your vacation home line up with any regulations that may be in place.
Taxes can become very complicated with vacation rentals. To be considered an income property you cannot vacation in your home for more than 14 days, or to be considered a short-term rental you cannot rent your home for more than 14 days. There are different tax advantages to each approach. You should consult a tax professional to discuss your plans and make sure that a rental property is the right investment for you. You should also look into property taxes. Knowing how much you will need to pay in property taxes will help you estimate how much you will need to earn in rent to recover these costs.
Do You Enjoy It?
Would you like to vacation in this home? If you are likely to use the home for yourself, will you enjoy spending time in it, doing repairs, and being part of the community? If you love it, it is likely that renters will too. You may want to consider other factors including available amenities, location, and peak- and off-peak seasons. Peak-season rates can often compensate for slow seasons. Research how long each season is and whether or not you can command high enough rates to bring in enough income to meet your goals.
Maintenance is a big part of owning any home. It becomes even more challenging when you live far away from your home. Local short-term regulations require that someone be able to be onsite within a short period of time, should emergencies arise. It is important to plan for how much you will need to spend on maintenance and upkeep. Will you hire a professional property management company to look after your home? Do you intend to do repairs on your own? What will travel cost you? Do you have connections to local contractors for major repairs? You will need to respond quickly to maintenance needs if you have renters in the home. Otherwise, they will have a bad experience and share that experience with other potential renters. Before you purchase your home make sure you know how you plan to cover maintenance costs and that you have the resources to ensure the maintenance gets done.
A Fun Investment
Owning a vacation rental home can be a very fun investment. Bringing joy to travelers is rewarding, earning extra income is helpful, and having your very own vacation spot is ideal. Before you make your purchase, know the rules and regulations, and the anticipated costs. Then you will be able to determine whether or not a particular vacation rental home will meet your investment and/or your personal needs.
How to Use Your Vacation Rental in Breck for Tax Breaks
Posted by admin
| Friday, December 28, 2018
Taxes can quickly become very complicated when you own any kind of income property. How you will use you Breckenridge vacation rental property will impact what kind of tax breaks you can get. It is highly recommended that you hire a tax professional to help you find all of the potential tax breaks and avoid any costly mistakes. You should be aware of the following tax breaks as you make decisions about how to use and rent your vacation home.
14 Day Rule
You may have heard of the 14 day rule, but don’t know what it means. In order to consider a property an income property, and therefore claim deductions as such, you may not use your property for personal use more than 14 days out of the year. That means if you want to spend an entire season at your property, you cannot count it exclusively as a rental property and claim losses. However, you can make proportional deductions. Alternatively, if you rent your property less than 14 days you do not have to classify it as an income property. Avalara
points out that days used to perform maintenance on the property are not counted as personal use days. You may be able to extend your vacation as long as you are fixing or upgrading your property.
The new tax code has changed the amount of debt that you can receive a mortgage interest deduction for. Fortunately, this new change does not impact rental properties. If your vacation home is a full time rental property you can deduct all of the interest on the mortgage as a business expense.
reminds vacation rental owners that any fees you pay to services that maintain, advertise, or book your vacation rental can be deducted as business expenses. Some services charge a percentage of your rental, while other require a subscription fee, or flat fee. Keep track of what you pay to advertise and book your home, because it can save you some money in taxes.
Travel to your vacation rental property can be deducted if it is directly related to renting the property, according to Accounting Today.
Mileage for driving to meet a renter, clean the property, or make repairs can be deducted. Keep track of your mileage and a log of what business function you performed while you were there.
If you are paying income tax on your Breck vacation rental property, the number of deductions continue to go on and on, just as though your are running a business, or are an independent contractor. Meticulous records will be your best friend when is comes to tax time. Be sure to keep track of all the expenses put into your vacation rental, ranging from a bottle of windex to a new heating system. With excellent records, a competent tax professional can help you take advantage of all the potential deductions, while still helping you meet your obligations.
What to Look for in Property Management Company
Posted by admin
| Friday, November 30, 2018
When you set out to buy a vacation rental property it can be an exciting journey. If you live at any distance from your vacation home, something you need to consider during that journey is hiring a property management company based in Breckenridge. More and more people are renting vacation homes, but along with their growing popularity comes higher expectations for quality service. No one wants their vacation ruined by a poorly managed home. One or two negative reviews can ruin your chances of regularly renting your home. When you are ready to hire a property management company, there are a few things you should look for to be sure you are getting the service you need.
Many property management companies advertise a low figure for caring for your property, but then they tack on extra fees for services you are likely to need. These extra services are where they make up for the low rate being offered. Ask about additional fees and add up what you will need. It may be that a property management company with a higher rate is better deal because of the services included in the rate.
Some large property management companies hire out local employees, but don’t oversee the operations themselves. This situation might work well if you only want a cleaning service. However, if you want assistance with managing emergencies, helping with check-in or check-out, or troubleshooting unexpected problems, a locally based company can be much more helpful.
Make sure your property management company knows how to handle repairs and routine maintenance. Some needs may be handled by the management company itself, but most jobs are likely to be referred to other contractors. Make sure your property management company has connections with reputable contractors. Ask if they are willing to check in on the work as it progresses. These local connections to dependable and reasonably priced contractors can be invaluable. Make sure the property management company also routinely checks major appliances, such as the heater, water heater, hot tubs, and kitchen appliances. Then, you can stay ahead of major repairs and make necessary repairs before something happens while you are hosting guests.
A lot of your business will depend on your vacation rental being visible on most rental sites and repeat business. Many vacationers come back year after year if they had a good experience. Ask your local property management company how they advertise your property and how they encourage loyalty and repeat renters. A property management company that works to keep your rental booked is worth the investment. You lose money when your home sits empty, and a good property management company will work hard to keep your property occupied with paying renters.
As you search for a property management company for your Breckenridge vacation rental, make a list of criteria that is important to you. Think about items such as marketing, emergency care, cleaning, and screening renters. Be sure that the company you hire offers all of the services you want and the you know how much their services will cost. Don’t be afraid to ask for references. You want to be sure your investment is in the right hands. Contact Breckenridge Resort Managers
to see if our approach to property management is the right one for your vacation rental.
Why Ski In / Ski Out Properties in Breckenridge Are Worth It
Posted by admin
| Wednesday, October 24, 2018
As you are planning your ski vacation, you may notice that ski-in/ski-out vacation condos in Breckenridge are quite a bit more expensive than other properties in or around town. While, you might be tempted to save a little, there are some great reasons to go ahead and splurge on the convenience of ski-in/ski/out.
Ideal for Families
If you have had the whole family along on your ski vacation, you know about the endless amounts of stuff that needs to be hauled to the ski hill and home again at the end of the day. It can be hard for younger kids to manage their skis and gear and you are left trying to balance everything and get everyone on the mountain. If you are staying at a ski-in/ski-out condo in Breckenriddge, you simply put on your skis and get on the lift. The snacks, sunscreen, and other essentials can stay at home and you can pop in and grab it when you need it. There is also no need to carry skis for long distances. Your teens can stay out longer when the rest of the crew is ready to come home. You can stop in for lunch or breaks and still have plenty of time to get back on the slopes. When you are moving around a group of people, a ski-in/ski-out vacation rental will give you the most time together to do the thing you came to do.
More Time for Other Activities
Often, the hardest part of vacations are travel time between activities. Everyone is cold and tired and just wants to be home. Being able to ski straight back to your property cuts out the time needed on other transportation getting home. There is no lag between getting off the ski hill and taking off your boots. Simply ski to your place and start relaxing and enjoying the evening. You will have plenty of time to grab a drink or go out for a nice meal.
Ski-in/ski-out lodging has great views and atmosphere! You get to enjoy all of the ambience you imagine when dreaming about a ski vacation. Some of the most beautiful views around Breckenridge are found on the mountain.
Distance to Town
At many ski resorts, ski-in/ski-out property can mean remote and hard to get to. Because Main Street in downtown Breckenridge is so close to the resort, it is easy to get into town. The gondola and an extensive free bus and shuttle system make getting off and on the mountain simple. So, while you will get mountain access convenience, you will also have easy access to all you favorite aprés ski activities.
Make sure you know what type of terrain you will have access to at your ski-in/ski-out property. For example the Warrior’s Mark neighborhood offers easy access to a lift, but that lift only services advanced terrain. You wouldn’t want to be a beginner staying in this location and expect to ski-in/ski-out. Know all the details about your location so that you can find a place that meets your hopes and needs. Check with Breckenridge Resort Managers to find the ideal ski in/ski out property for you.
Photo by Bob Winsett courtesy of the Breckenridge Department of Tourism
Photo Courtesy of the Breckenridge Department of Tourism
Best Places to Stay in Breckenridge
Posted by admin
| Monday, September 24, 2018
Are you looking for the best place to stay for your Breckenridge vacation? Look no further. Any place you stay in Breckenridge will offer easy access to skiing, hiking trails, mountain biking, dining, and shopping. However, each neighborhood in Breckenridge has its own feel and offers unique amenities. Whether you want a secluded getaway or an action filled ski vacation, the below post will help you find the perfect neighborhood for your Breckenridge vacation.
Warrior’s Mark is on the Southwest edge of town, not far from the historic district. It backs up to Peak 10 and The Falcon SuperChair is accessible from this neighborhood. Peak 10 boasts some of the most difficult terrain in Breckenridge, so if you are looking for ski-in/ski-out convenience, this neighborhood is ideal for very skilled skiers. It also has access to hiking and biking trails along the Blue River, making it ideal for summer getaways or a fall leaf-peeping trip.
The Peak 9 area hosts a variety of condos that are ideal for a ski-in/ski-out vacation, particularly families or new skiiers. You can access the ski area via the QuickSilver SuperChair, which gives access to some of Breckenridge’s easiest terrain. Secondly, Peak 9 is a short distance from aprés ski. Some of the best bars are within the Peak 9 neighborhood and as well as many fine dining restaurants.
Peak 7, which has several lodges, offers access to the Breck Connect gondola, making it easy to get on the slopes or take the gondola into town. Many of the condos available in the lodges near Peak 7 have excellent amenities including game rooms, pools, ski storage, and spas. If you want the idillic ski vacation that has fun for the whole family, Peak 7 delivers.
The Highlands area is on the north side of town near the Tiger Run Golf Course. Homes in this area are picturesque and luxurious. Many of these homes are situated on large lots offering quiet seclusion. The Highlands area offers the ideal place to truly get away from it all. The large homes also offer space for multi-family gatherings. Proximity to an open space provides plenty of room to roam and explore. While a bit further from the slopes, quick access is still available via the expansive bus system that runs throughout Breckenridge.
Ski Hill Road
Ski Hill Road winds up to the base of the ski slopes on the west side of town. The Breckenridge Nordic Center is also along this road and offers miles of cross-country trails. Large, luxury homes have stunning views and quick access to the mountain and to town.
The Historic District
The Historic District is also referred to as downtown Breckenridge. Just off of Main Street, to the east, are historic Victorian homes. These homes have been beautifully updated and include modern amenities. In addition, there are smaller condos tucked in this neighborhood. You can experience the quaint small town feel throughout the historic district. If you want to be within easy walking distance from shops, entertainment, the BreckConnect Gondola, and dining, the historic district is the right place to stay.
The Ideal Location
Families, couples, thrill seekers and ski buddies can all find the perfect place for their vacation. Decide whether you want plenty of quiet space, access to easy transportation, a quick trip to the mountain bike trailhead, or ski-in/ski-out convenience. Then, you can look for the neighborhood of your vacation dreams through Breckenridge Resort Managers.
Photo By Alex Neuschaefer Courtesy of the Breckenridge Tourism Office
Renovating Your Vacation Rental in Breck? 5 Design Trends to Avoid
Posted by admin
| Friday, August 31, 2018
When you are renovating your vacation home it can be tempting to follow all of the latest design trends. While you may end up with a beautiful home, it might not be the most practical space to share with a lot of people. Here are some trends to avoid if you want to keep your home simple and functional.
1) Open shelving
Open shelving shows up in a lot of photos of designer kitchens lately. While it looks nice in pictures, an article from Good Housekeeping points out that it is not a very efficient use of space. Rather than looking neat and tidy, renters are likely to stack up all kinds of this and that on the shelves and soon you will have a cluttered mess. The cluttered mess will collect dust if the items aren’t used regularly. Instead of open shelving, have nice, practical cabinets that conceal all of your necessary cooking items. Light cabinets keep everything feeling open and airy without having open shelves.
Many interiors include white carpet or furniture. While this creates a clean and bright look, it maynot last in a vacation home. If a vacation home experiences a lot of traffic, your whites will beginto look dingy from use. Instead, choose off-white, neutral colors. Beiges, tans, and browns will look fresh without looking dated and hide the wear and tear that comes with time.
3) Tiled Backsplash
Tiled backsplashes are very popular in kitchens. The patterns and colors add visual interest to the kitchen. However, tiled backsplashes can be very challenging to clean. Grout is always difficult to keep looking fresh and new, and backsplashes are prone to catching grease and other splatters. Choose an easy to clean paint instead. You can add a pop of color.
4) Artisan Fixtures
An article from the Huffington Post suggests that artisan or vintage lighting are popular this year.Unusual or statement lighting can date your home quickly. If you intend for the lighting to be timeless, choose classic fixtures. You also want to choose fixtures that won’t show off dust or collect dirt.
Bright florals are expected to be big according to the Washington Post. While bright patterns canbe fun and exciting, they are not likely to add to a relaxing vacation feel. They are also likely to loose their appeal quickly. Neutral wall colors will be more relaxing to the senses and are a timeless option. Design GoalsUltimately, your design goals for your vacation home should be to make an inviting space that iseasy to care for. Think neutral colors, plenty of storage and hiding places, and easy to clean surfaces and furniture. When there are people coming in and out of your home things will show wear and tear, by choosing enduring designs that will mask dirt you will spend less time cleaning and replacing items.
Full-Service and Partial Property Management: What's the Difference and Which Do I Need?
Posted by admin
| Tuesday, July 31, 2018
Make no mistake; property management is a job, and not an easy one. When you become a vacation rental property owner, there are quite a few fundamental decisions to make to ensure your property and guests are cared for properly. If you live in another state, or even a good distance away, it is likely that you will need some type of property management service for your Breckenridge property to maintain a professional standard. Some vacation rental owners prefer to be more hands on and deal with property servicing, while others prefer someone else to take care of all the details so they can relax and enjoy. Depending on which type of owner you may want to be, you have a couple of options to address your needs.
Full-Service Property Management
Full property management offers a “hands off” experience to owners who just want to enjoy their property and collect a monthly check. For these owners and guests, every detail is professionally taken care of; items such as advertising, booking, cleaning, emergency response, general maintenance and guest services are all included in this type of management. For owners looking to rent their property in Breck, but do not have the time to devote to a “second job” of property management, this option is the perfect fit.
Partial/Partner Property Management
Partial property management has a more nuanced definition, as these services can vary based on the needs of the owner, or the offerings of the manager. Some Breckenridge vacation rental owners prefer to manage their own bookings, and keep up with their own marketing, but require professional guest services and cleaning services. Other owners prefer a property manager to keep track of their listings, handle the marketing and take care of housekeeping so the owner can focus on dealing with guests. This option lets the property owner scale their service to meet their needs, and adjust as needed.
Choosing Which Option is Best for You- What Is Your Time Worth?
When you are choosing between the two types of vacation rental management services, think about what type of property owner you want to be. Are you challenged by technology and don’t want to manage your listings, or do you like the thrill of posting your own listings and interacting with guests? Do you want to be hands-off or fairly involved in the rental process? Would you prefer to invest more time or more money into your property? Talk to your potential property management companies about what you hope to get out of your vacation rental and what combination of services would be right for you.
Many Breckenridge vacation rental owners start out intending to do everything on their own. However, they quickly find it is harder to find guests than they thought, emergencies come up and reliable services are hard to procure from far away. Again, managing a property professional is a JOB, not a hobby, and demands a certain amount of time and attention to make guests happy. Often, investing in full property management will lead to greater revenue in the long run, when your property is booked more often, and satisfied guests return. If full-service property management is not for you, Breckenridge Resort Managers
is happy to work with you to find the right level of property management for you needs.
How We Protect Your Vacation Rental from Damage and Bad Renters
Posted by admin
| Friday, June 15, 2018
Your vacation rental is not just a rental home. It’s your second home! You want it to stay in great shape for you and your renters. Bad renters can cause damage that can cost you money and headaches. Everyone has nightmares about renters who trash a place. We don’t want you to lose any sleep over worrying about your property. There are several ways Breckenridge Resort Managers protects your vacation rental from bad renters and damage.
How Do We Prevent Bad Renters?
Each renter goes through a screening process to ensure that they are a good match for you and your property. In addition, they are asked to sign a thorough contract so there are no surprises for them or for you. We also strive to create an environment that encourages repeat renters. This means your property will be rented more often and we develop long-term relationships with good renters.
While we strive to find the best renters for your property, there can be no guarantees that a renter we are unfamiliar with will treat your property perfectly. In addition, accidents can happen, even when the best renters are staying at your property. To offset potential damage costs, we hold a damage deposit. The credit card number of the renter is held until the property has been thoroughly inspected and there is no sign of damage beyond normal wear and tear.
Professional Cleaning Staff
Our professional cleaning staff does an inspection both before and after a property is rented. We always know what condition the property is in and what damage is caused by renters. We can also keep tabs on potential upcoming repairs due to regular use of the home. We have connections with contractors who can fix any damages or provide regular maintenance. With our detailed inspections, there are rarely any surprises when it comes to damaged property. You can have peace of mind knowing that your property is cared for after each and every rental.
Processes and Policies
The processes and policies we have in place at Breckenridge Resort Managers allows us to minimize risk for property owners. We set policies in place that prevent or penalize bad renters. If damage does happen, you will always be aware of how we handle the damage, and we will contact you as soon as we are aware of any potential problems. Contact us
to learn more about how we can care for your property so that owning a vacation rental is simple and easy.
Offseason Must-Do Maintenance and Prep
Posted by admin
| Tuesday, April 24, 2018
Mud season is coming up, that in-between time when the snow is not quite good enough for winter sports, but hanging around enough to make summer activities challenging. The end of April through the end of May is the perfect time to make sure your Summit County vacation rental is in top shape.
Here are a few items from our annual to-do list for the offseason.
Furnace and Water Heater
It is a good idea to have your furnace and water heater serviced routinely. Replace filters where necessary to ward off any potential problems down the line. Nothing can ruin a vacation faster than a broken water heater.
Check the Roof
Winter can be very hard on your roof. Either take a quick look yourself, or hire a professional to get on top of the house and identify any potential problems. Even the smallest leaks can cause a lot of damage. When you are proactive, you can catch and fix minor problems before they become huge headaches.
Restock the Kitchen
After a season of kitchen use, it is likely that some of the staples you provide are getting low. Restock any missing utensils, soaps, spices, and other essentials. Now is also a good time for a deep clean. Clean the oven, stovetop, microwave, and other surfaces that a cleaning service does not deep clean between each stay. A deep clean during every off season will keep your rental looking fresh and new.
Walls begin to look worn and tired, especially in rooms where there is a lot of traffic, such as the kitchen and living room. You may be able to brighten the walls with a quick wash. But, if they still look dingy, consider a paint job. A fresh coat of paint can leave a room looking brand new.
Some time spent on the landscaping can help freshen the outside of the home and create a more inviting look. A small planter of pansies or other easy flowers at the entry can be a welcoming touch. Trim up any branches that may be in the way of sidewalks or driveways. Check trees for damage and plan for removal if necessary. Restock any wood piles.
Staying on top of routine maintenance in the offseason can help make the busy season go smoothly. With many different users, it is easy for things to become weathered and worn. Have important components like furnaces, water heaters, and hot tubs serviced regularly so that you can catch repairs before they become major problems. You don’t want to lose out on any income during the peak season, so invest in maintenance and upkeep now.
Extra Amenities to Attract Families to Your Vacation Rental
Posted by admin
| Wednesday, April 11, 2018
Is your Breckenridge vacation rental family friendly? Have you thought about the amenities that a family with children will need? We have!
Families prefer vacation rental homes, instead of the traditional hotel room, for a variety of reasons. With a condo or townhome, they can put their children to bed and then stay up and enjoy adult company without having to worry about waking up kids. With a kitchen to make food and space to run around and play, families are more content and at ease and can enjoy their vacation more.
Appealing to families is a great way to add value to your vacation rental. Here are a few simple upgrades to make your vacation rental in Breckenridge stand out from the crowd.
Family Friendly Kitchen
Kids and small children need booster seats and highchairs but these items are notoriously difficult, if not impossible to travel with. They are an inexpensive addition that may make all the difference for your renters.
For family gatherings, the more kids you can get into a bedroom, the more space adults can enjoy. Making one or two bunk rooms that can accommodate 3-4 people can make a home a lot more enticing to a large family or a gathering of two or more families.
Pack ‘n Play
Along those same lines, having a pack ‘n play available can be very helpful. They fold away, so they won’t eat up a lot of space in your rental, but it is so convenient not to have to bring one if you are traveling.
A family with teenagers will be looking for entertainment. A game room equipped with a pool table, ping pong table, or air hockey will attract families with older kids. Having a well stocked cabinet of board games and larger group games can also be a perk that will be remembered. An entertainment center well stocked with family friendly movies can help spend time together and relax.
A Place for Gear
Families generally have to travel with a lot of stuff. Whether it is skis, bikes, or other outdoor gear, have a designated place to stash items that shouldn’t be left in the car, but don’t need to be in the way. A garage, mud room, porch or entry way can be ideal for these items. Consider installing a ski rack or a bike rack. Easy gear storage will attract families seeking adventure.
Consider installing child safety locks on cabinets with dangerous materials. Cleaning products, trash cans, and other households items attract curious little hands. You can give parents peace of mind and help them relax knowing that their toddler can’t accidentally get into something dangerous when their back is turned.
It doesn’t take much to make a vacation rental ideal for families. When families stay in your rental and have a fun time, they may choose to make your vacation rental a family tradition. Enjoy families returning year after year when you make your home an easy place for families to savor time together.
5 Upgrades to Add Value and Appeal to your Breckenridge Vacation Rental
Posted by admin
| Saturday, March 17, 2018
With the off season quickly approaching, now is the perfect time to start planning upgrades to enhance the quality and appeal of your Breckenridge vacation rental. If the goal is to ensure your vacation rental home appeals to more potential vacationers next season, strategic upgrades will help you attract more guests and increase rentals. As you begin to consider upgrades, you should consider upgrades that will also increase the overall real estate value of your home. Many potential upgrades can be attractive to vacation renters, but if you choose the right projects, they will also add value to your home over the long term.
Below are five upgrades that can serve the dual purpose of attracting vacation renters, as well as adding value to your home.
1) The Kitchen Adds Function, and Creates Value
The kitchen is the heart of the home and many renters choose to rent a home or condo instead of a traditional hotel because it allows them to sprawl out with their family, and create family memories. A functional and inviting kitchen with updated appliances and plenty of seating will attract vacationers. Consumer Reports
informs that having updated appliances and an attractive, granite countertop can boost the value of your home 3-7%.
Renters Tip: List all of the extras you have available such as a crockpot, grill, griddle, etc… anything that you think might be helpful for a renter. Renters will know they can save money by not eating out, and can allocate more of the budget to housing.
2) The Basement Can Hold Value, and Memories
Many renters are keen on plenty of space for their children and family to be able to spread out in, enjoy, and create memories. A finished basement is the perfect place for a large family of renters to recreate in, play video or board games, or have family movie nights. The more entertaining space available in your home, the more appealing it will be to vacationers with larger families. Buyers are also looking for multi-use spaces for their use, and a finished basement adds to the overall usable square footage and offers space for a home theatre, office, game room, exercise room, or playroom. The possibilities are endless and a basement can be easily customized by the buyer, and enjoyed by a renter.
Renters Tip: Including a pool or ping pong table or entertainment center in the basement will make your home appealing and unique.
3) “Eco” is Not Just for Show
Energy efficiency and sustainability is a growing concern with today’s vacationers, and “eco tourism” is a growing sector in the vacation rental industry. Making your home energy efficient and sustainable can be very appealing to renters, and can significantly reduce your energy bills, which will help keep holding costs down. Adding Solar panels, recycling centers, timed and motion lights, smart thermostats, or entire home energy management systems is unique and attractive for vacationers looking for the ability to vacation with a conscience. Adding these smart technologies to your home can provide property value for prospective buyers, who are looking to purchase a home with low energy costs, and eco-friendly impacts.
4) Bathrooms Are the Hidden Superstars of Homes
An updated bathroom may not necessarily draw in additional renters, but an unattractive bathroom will prevent them from returning. When you rent your property frequently, a bathroom can develop wear and tear quickly. While it may be perfectly sanitary and clean, stained grout, shower doors, and vanities can be very off-putting. Put some time into the bathroom to re-grout if you need to. You may want to consider adding granite counters, new cabinets, a large tub, or improving your shower heads. This Old House
points out that even a new toilet seat can make a difference. Luxury bathrooms will keep guests happy and add long term value to the house as well.
Renters Tip: Be sure your bathroom is well stocked with toilet paper and small toiletries such as shampoo and soap.
5) Outdoor Attractions Are in Demand
Guests love to spend an evening around the fire, sitting on the patio set, grilling at the pit, or enjoying the hot tub to truly make vacation memories. An outdoor patio that makes it simple to enjoy the outdoors will attract renters, set your property apart from others, and be an attractive sales feature for prospective buyers. Creating a space outdoors that feels like an extension of the home is an easy way to add value, and improve the experience. A few paving stones, some nice patio furniture, a fire pit, and a little thought put into the landscaping will do the trick, and provide a new level of enjoyment for guests.
Renters Tip: Make sure seating is available. Patio chairs will do, but something whimsical like a hammock or a porch swing will really make a really nice impression.
A High Return
Try these five tips to attract more renters and add value to your home. An investment in your rental house can mean more revenue from renters, as well as a higher overall value when you are looking to sell.
Prepping Your Vacation Rental in Breckenridge For Winter
Posted by admin
| Friday, September 29, 2017
We love winter in Breckenridge! While all the seasons hold their charm, winter is the main reason people flock to Breckenridge. Since your rental property will be bustling throughout the winter, it’s important to prep it now for the upcoming busy season. The last thing you want is an emergency repair during Christmas week.
Here’s a few shoulder season prep items we recommend for every vacation rental in Breckenridge.
Make sure your furnace and all appliances are in great condition.
Have a technician to check the heating system, replace any filters and ensure that it is in working order for the busy season. Check all appliances for wear and tear. If any are starting to show their age, consider replacing now so you aren’t surprised with a repair at an inopportune moment. A major disaster could ruin someone’s vacation, equal income loss or poor reviews during a busy weekend.
Consider investing in a programmable thermostat or smart thermostat that you can control from your phone. Turning down the heat while you property is unoccupied will save a lot on utilities.
Clean and Inspect the Fireplace, Wood Burning Stove
If your property has a fireplace or a wood burning stove, have the chimney cleaned and inspected. Make sure the flue is in proper working order. Split and stack wood in accessible locations. A warm fire on a cold night is a big draw for many visitors. If you don’t have a fireplace or stove, you may want to install one to attract more renters. Also be sure to include thorough written instructions for use to avoid any mishaps and to make this amenity simple and easy to use.
Inspect the Roof
You should inspect your roof for any damage. Clean out gutters and remove debris. If you see any shingles that need repair, flashing that doesn’t look right, or damage to chimneys or vents, call a contractor to make the needed repairs. By taking care of your roof you will extend its life. Clean gutters and proper insulation can prevent problems caused by ice dams which are formed when heat from the house causes snow to melt. The melted snow then refreezes to make an ice dam. Water can back up behind an ice dam and seep into your home, causing damage to both your roof and your interior. Signs of water damage in the interior may indicate you have a problem with insulation or with your roof.
Hire a Snow Removal Contractor
If you’ve been through a winter here, you know you need a plan for snow removal. If you choose to hire a contractor, be sure to know what their rules are regarding parking during or after a big snowfall. Clean sidewalks and driveways will make your property pleasant for guests. However, guests whose vehicles are in the way can prohibit your contractor from doing their job. Make sure you and your guests have a clear understanding of how snow removal will work.
Winter in Breckenridge is magical. Don’t let a vacation rental that is not prepared for big snows and cold temperature hinder guests from experiencing the magic. Performing minor repairs and preparing your home for winter can save major headaches and expenses later in the year.
5 Tips to Maximize your Property Rental Revenues
Posted by toby
| Tuesday, August 29, 2017
Are you getting the most out of your vacation rental property? These five tips will help you achieve maximum revenue so that you can enjoy your rental property even more!
1. Focus on Occupancy to Drive Revenue, Not Rates
One of the more common questions we receive about rentals is- “Should we raise rates and avoid discounting our rates to increase revenue?” Though rates are a very valuable tool in a revenue and dynamic pricing strategy, the short answer is “not really”. The math is simple: a single $300 (that could be lost by not having competitive pricing) will result in more income for you than three nights at $20 more per night. Over the course of a 100 night year, 10 extra $300 nights will equal more revenue than 100 nights at $20 more each. Always remember- Occupancy is the key to more revenue, not rates. Rates are only a tool to increase occupancy. If you want more revenue, book more nights at a lower rate! We are not saying that we should be cheap, or undersell. But we do recommend being competitive with rates, using a dynamic pricing structure based on market data and competitive analysis of similar properties on a daily basis.
2. Professional Photos Pay Off!
Your property may be impeccably clean, full of rustic charm, expensive upgrades, and stunning views, but if the photos in your listing don’t reflect those qualities, potential renters won’t be enticed. Poor lighting, bad angles and otherwise sloppy photographs might cause people to pass over your rental home. A professional photographer knows how to capture the true charm of a property, and tell its unique story through a lens. Though many people are able to capture very nice photos on point and shoot cameras, photographers use very expensive equipment to increase the color and light spectrum, and use techniques to accentuate the composition. In addition, most of the magic in photos occurs after the shot, on a computer, so editing capability is very important. Even a mid level property can look brand new and appealing with professional photography. Your photos are the first point of contact for your property- make them stand out!
3. Upgrades and Amenities- Don’t get lost in the crowd
Breckenridge is host to some 4,000 short term rental properties, and making your property stand out from the pack is fundamental to maximizing your revenues. With each purchase you make, upgrade you implement, and addition to your property keep in mind that you must focus on differentiating your property from the thousands. One way to stand out is to be creative when it comes to amenities. Every rental home will have internet and TV. Most properties will have laundry available. Many will also have a hot tub. All of these amenities are attractive to renters, but they don’t set you apart, as these have become expectations of most travelers. To capture the attention of more guests, consider adding more unique amenities such as, unique and useful kitchen appliances, a lounge area with hammocks, snowshoes and bikes and other outdoor activities equipment, an attractive fire pit, a game or theatre room, streaming movies, or even a massage chair. While these items may seem simple, they will set you apart from other rentals, driving guest interest and overall occupancy. Be sure to highlight these amenities in your description of your rental property, and build excitement when guests are looking at your property online. Remember- you only get one change to make a first impression.
4. Employ a Professional Property Manager
While renting on your own or with a limited service/cut rate company may be appealing, nothing will drive overall revenue to your property more than hiring a professional and experienced property manager. Breckenridge Resort Managers is a leader in the Breckenridge property rental market and the global vacation rental industry. In addition to our Internet marketing company that looks after our overall internet marketing bundle (SEO, SEM, SMO, email, PPC), the owners are competent marketing experts as well. They have experience as past board members of the Breckenridge Tourism Office, Breckenridge Central Reservations, Chair of the Vacation Rental Management Association Marketing Committee, and Treasurer of the VRMA. BRM’s credentials are unrivaled in Breckenridge relative to marketing, and we use that knowledge to assist our owners in outperforming the competition. We utilize a vast distribution network of many types of lead generation services and travel partners, a professionally managed internal email marketing, an in office marketing strategy, and a comprehensive SEM/SEO strategy to not only drive visitors to our site but convert them. Managing a short term vacation rental can be a time consuming endeavor and a professional property manager will take out the headache of that process for you and drive revenue to your property at levels not possible for an individual owner. Remember- just like the changes at VRBO put many owners in a difficult situation, changes in the global rental market must be watched closely to anticipate changes, react, and keep your revenue one step ahead of the competition.
5. Rent when rates are high, and enjoy when rates are low
It might be tempting to use your vacation rental during Christmas or New Year break, but in Summit County, these periods account for the highest rental rates of the year. Rental properties are in high demand during Spring break, Christmas break, and much of the summer. If you are using your home during these peak times, this will prevent you from renting it for maximum rates. To make more revenue, and avoid the traffic, come early or late in the summer, and directly following Christmas break. Late in the ski season such as the second or third week in April, is also a good time to use your home rather than rent it. Remember, when rates and occupancy are high, that is the time to cash in.
These five tips will help you get the most revenue from your vacation rental property. Contact Breckenridge Resort Managers to find out what else you can do to get more from your property.
5 Must Have Amenities for your Rental Property
Posted by admin
| Friday, July 28, 2017
Are you thinking about renting your investment property in Breckenridge? Wondering how to make your property stand out from the many other properties in Breckenridge?
You don’t have to spend a lot of money to make your short term rental desirable. But there are a few easy things that you can do to make your vacation rental inviting and entice guests to come back, year after year. A return guest and positive referrals can significantly increase the amount of days your property is rented.
Here’s a few amenities that will make your renter’s stay unique and memorable, ensuring guest satisfaction, positive reviews and repeat visitors.
Tripping cites a survey that found wifi and internet was the most important amenity to travelers surveyed. Many vacationers won’t even consider a place that doesn’t have wifi available. People work on the go and almost everybody connects with friends to share their adventures. Staying connected is significant to your guests, so make sure your internet connection is fast and easy to use.
Fully Stocked Kitchen
Vacation rentals offer the advantage of being able to cook meals - something a standard hotel room cannot offer. Make your kitchen convenient by stocking items that most people wouldn’t want to buy for a weekend of meal prep. Basic spices are important, but also consider items like sugar, flour and cooking oil. Keep cereal, tea, hot cocoa, and coffee on hand. Storage containers are also a convenient touch. Small appliances, such as a slow cooker, blender, and mixer also make the kitchen easy to use for meal prep.
Outdoor Fire Pit
Everyone enjoys lounging under a starry sky around a warm bonfire. Create an inviting space with seating provided. Make sure your permits are clearly posted, as well as any important regulations such as fire regulations. If a fire pit isn’t a possibility for your location, any kind of deck or outdoor seating will be attractive. Hammocks, rocking chairs, or a porch swing also make a positive impression.
Adventuring can be messy. A great amenity to have on hand is in-unit laundry, at no additional cost. Families in particular appreciate this amenity. Go above and beyond and provide laundry soap to truly make your guests feel cared for.
Games, Sleds and Insider Info
And lastly, it’s important to do what you can to make your guests have a memorable and fun-filled vacation. Stock the house with board games and playing cards, sleds for family winter activities, brochures about various activities or recommended restaurants. Anything you can do to make your guests feel more at home in a new place and help them create memories. Some owners even choose to have a Netflix or Hulu account attached to the TV and ready for use by the guests.
The Small Touches
It is often the smaller, thoughtful touches that make the biggest impressions on guests. These six amenities will help your guests’ trips go smoothly and allow them to thoroughly enjoy your vacation rental. When you need help managing your vacation rental don’t hesitate to contact Breckenridge's professional property managers, Breckenridge Resort Managers to find out how we can help you offer the best possible stay for your guests.
5 Tips for Getting the Most Out of Your Investment Property
Posted by toby
| Tuesday, June 20, 2017
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.
5 Things You Should Do to your Rental Property in Off Season
Posted by toby
| Thursday, May 4, 2017
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.
Licenses and Taxes You Need to Know about for Your Rental Home
Posted by toby
| Tuesday, May 2, 2017
Navigating the legalities of renting your vacation home can be anxiety inducing, or, if not done right, it can be expensive. But it doesn’t have to be. You need to be aware that you will need to pay specific taxes and have the required licenses when you rent out your home. When you need help navigating the system, Breckenridge Resort Managers can help you make sense of these complicated rules.
Local, State, and County Sales Taxes
If you rent your property for less than 30 consecutive days at a time it is classified as a “short term rental”, and you will need to charge Colorado State sales tax on every dollar and rental. In Breckenridge you are also required to collect an accommodation tax of 3.4%. This tax is reported along with the town sales tax of 2.5%. Together with county taxes and state sales tax, the total comes to 12.275%. The Town Sales and Accommodations taxes can all be collected and remitted together. It is not a requirement to submit accommodation tax separate from sales tax. When you apply for your licenses, you will be given an ID number and required to submit your taxes either monthly or quarterly. Taxes will be submitted to both the State and Town separately, and you must file a return monthly, even if you had no rentals in that month. Financial penalties are levied for submitting late, incorrectly, or not at all.
To collect sales tax you will need to have a sales tax license from the State of Colorado. The Department of Revenue collects the sales tax, so you will receive the sales tax license from this entity once you apply for the license. In addition to a sales tax license, you will also need an accommodation unit license, or BOLT License. This license is applied for through the Town of Breckenridge. You will pay a fee ranging from $75-$175, which is determined according to the size of your unit. If your rental property is outside of the town limits of Breckenridge, different taxes and licenses apply. Check this 2017 Sales Tax Rates in Summit County to determine which taxes apply to your jurisdiction.
In addition to the sales tax you are required to collect, you will need to pay income tax on your rental revenues. This can become very complicated depending on how you use your vacation rental and whether it is classified as a second home or an investment property. To take advantage of the maximum amount of deductions available, you can only stay in your home for personal use for 14 days or 10% of the days you rent the home as a second home. Deductions include property taxes, mortgage interest and more. You may want to talk to a tax professional specializing in rental property in resort areas to ensure that you getting all of the deductions available for your rental property.
Working With a Professional Property Manager
When you work with a professional property management company like Breckenridge Resort Managers, we know the ins and outs of the legalities of vacation rentals. We can help you walk through all of the important tax requirements and licensing. Be confident that you are complying with all off the necessary regulations when you work with us. When you partner with Breckenridge Resort Managers, we take all the work and hassle off your plate and take care of all the details, so you can rest easy and enjoy renting you home and collecting the revenues.
“Tax Deductions for Your Vacation Home” HouseLogic
“Accommodations Tax” Town of Breckenridge
2017 Sales Tax Rates in Summit County
Marketing Your Breckenridge Vacation Rental Property
Posted by toby
| Wednesday, March 15, 2017
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.
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.
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.
How to Prepare Your Second Home for Vacation Renters
Posted by toby
| Thursday, August 25, 2016
So your second home has been given the green light to be rented out to vacationers. Now what?
It's time to whip your home into tip-top shape for your first group of vacation renters.
If you're not sure where to start, we have you covered. Here are five steps to take to prepare your home for vacation renters:
1. Remove your personal items.
The first reason for doing this is to reduce clutter, and make the home comfortable and welcoming for your guests. You don't want your guests to feel like they're staying at somebody else's house. They want to feel like it's their home away from home. Reducing clutter involves removing any personal items or objects, such as picture frames and your favorite art fair sourced stuffed mountain squirrel, which will only cause discomfort to your potential guests.
Secondly, removing your personal items is a good idea because you don't want to leave behind anything that's precious and irreplaceable. Make sure everything you leave behind would not be noticed if it was lost. Everything in the home should have no personal attachment for you, just in case any accidents happen. We suggest keeping your personal and valuable items in an owners closet, so you can display them when you come out to visit.
2. Make sure all of the furniture is clean, comfortable, and presentable.
Todays vacationers have high standards, and expect the 5 star hotel experiences, even on a three star budget. It will be a financial and operational benefit to offer your guests new and comfortable furniture and high-quality bedding. Cleanliness and comfort should be your top priorities. The more comfortable the guest, the more he or she will enjoy the experience and return to your home year after year.
3. Repair any potential hazard.
Homes are full of failures waiting to happen, and accidents just around the corner. The last thing you want is for the water heater to quit working in the middle of a guest's stay, or a rip in the carpet to trip up a guest. Have a professional property management company thoroughly inspect your home prior to guests staying to make sure all the appliances, steps, wiring, and plug outlets are in working order. If they find a potential hazard, they are capable of getting it repaired as soon as possible, and saving you any headaches down the road. A good property management company will inspect prior to every guest, and will act quickly to anticipate and remedy potential issues for you.
4. Have your home deep cleaned.
Cleanliness is the #1 factor in the satisfaction of guests to your home, and is the one thing that can turn a vacation into a trip from hell for many travelers. Your best bet would be to hire a property management company that has an experienced and capable cleaning service. You want your home to start as a clean slate in order to give your guests the perfect experience. You also want your management company to preform 1-2 deep cleans per year, to detail your home, and clean all the areas that are difficult to budget in on a back to back vacation rental clean.
5. Stock your home with the basic necessities.
To ensure that your guests are happy and comfortable, follow this checklist while stocking your home (remember, this is just a start. A good management company will customize a list for you and your home):
____ Plates, bowls, glasses, and flatware (double the number of guests you sleep)
____ Comfortable seating (enough for the number of guests you sleep)
____ High-quality sheets (two sets per bed)
____ High-quality bath towels (two per guest)
____ Coffee maker
____ Large TV
____ Pillows with pillow protectors (four per bed)
____ High-quality washcloths (four per guest)
____ Pots and pans
____ Basic cable
____ Extra blankets
____ High-quality hand towels (two per guest)
____ Cooking utensils
____ DVD player
____ Mattress pads
____ Hair dryer
____ Napkins & paper towels
____ Cards and board games
____ Alarm clocks
||____ First Aid Kit
____ Dish towels
____ Coffee table
____ Reading lamps
____ Travel-sized toiletries
____ Knife set
____ Throw pillows and blankets
____ Feminine sanitary products
What's the Best Place to Stay in Breckenridge?
Posted by toby
| Saturday, July 23, 2016
When it comes to choosing the best place to stay in Breckenridge, there are no wrong answers. From secluded mountain homes, quaint Victorian style homes to ski-in/ski-out condos, Breck has something to offer for every type of vacationer. Nonetheless, choosing the right neighborhood can be daunting if you've never explored Breckenridge.
To help you figure out the best area for you and your family, we put together a list of the Breckenridge neighborhoods and the attributes of each.
The Peaks / 4 o’clock Rd
Most people stay around the Peaks or on 4 o’clock Rd for the access to the resort. This is the biggest selling point for this area. It has close proximity to several chair lifts and borders the trail 4 o’clock. You can ski within a few feet of your front door and many vacationers come back for lunch mid-day.
The downside to this is that town can be a good walk or a bus ride away. Since you are paying for the location, you can sacrifice space, luxury and the rustic atmosphere. Nonetheless, if you are looking for the traditional ski-cation, this is the perfect place to stay in Breck.
(Click here to see all our ski in/ski-out properties.)
Breck Historic District
The town of Breckenridge has an adorable historic district with heaps of atmosphere. The houses are in the traditional Victorian style and the main strip features quality restaurants, shopping and nightlife. The gondola is on one edge of town, a beginner’s chairlift on the other and both a relatively easy walk for most, so access to skiing isn’t a chore. If you are looking for a well rounded vacation experience, with options for even the non-skier in the family, Breck’s historical district is your best bet.
Many prefer the quiet of a neighborhood. Warrior’s Mark is located on the south edge of Breckenridge and is set back from the main street. One one side, it borders Peak 9 and the Village, so ski access is nearby. It is also bordered by National Forest, giving access to the backcountry and great hiking.
This area is a quieter, more traditional mountain feel and just removed from the thick of things. You’ll likely want to take advantage of Breck’s transit, Summit Stage to get to and from the restaurants, shopping and nightlife. The buses stop between 12-1am so if nightlife is your priority, this area may not be your top pick. It is perfect for families looking for proximity, but a quieter experience.
(Ski within 1.5 blocks of your house at this vacation rental in Warrior’s Mark.)
Blue River is the perfect place to stay for the nature lover. This area sports the traditional rustic mountain experience. You are likely to see moose, elk, deer and even bear running through your backyard in this neighborhood! The houses tend to be more “retreat-style” and are nestled in the forest, with lots of space inside and out.
This neighborhood has the Goose Pasture Tarn and a stream for fishing, kayaking and other waterfront activities. You'll want to have your own car in this area, as it is located a few miles outside town.
(See one of our favorites in Blue River.)
Baldy Mountain is located on the hill opposite the ski resort. This area is popular with the local community for its amazing views and quieter atmosphere. We have several houses up here that are the quintessential snowy mountain retreat, with all the luxuries and comforts you could ever want.
The majority of the houses are above 10,000 feet, so you will want to be aware of the high altitude conditions. The buses run regularly up here, so access to town and the gondola is simple. This area is perfect for large groups, who want luxury at a decent price and need to appeal to a variety of guests.
Check out one of our houses on Baldy.
Breckenridge lodging discounts - search and book online with 30% off!
Posted by toby
| Thursday, February 10, 2011
Resort Managers has always offered the best Breckenridge Lodging discounts and vacation deals, but our new functionality takes shopping and booking your Breckenridge Lodging deal to another level.
We would like to introduce the last minute deal quicksearch (represented by the picture on the right). From this widget you can do a live availability search of our Breckenridge inventory and find a killer lodging discount for your next Breckenridge vacation.
To the right is a representation of the widget, if you are ready to find your Breckenridge Lodging Discount, look to the left of the page and scroll down a bit where you will find the live widget- get busy and search!
Searching our live Breckenridge lodging Discount widget you will find a variety of Breckenridge vacation homes at huge discounts up to 30% off! Don't wait, these deals move fast because everyone wants them!
The process is simple- enter your dates (Must be no more than 2 weeks prior to your stay or it will not work), enter any other options you like, hit search, find the property you like, and hit reserve now to get to the discount page. On this page just click "last minute deal quote" to see what your savings are!
Looking for a huge Breckenridge lodging discount
, you found it here
105 park forest townhome Breckenridge Colorado
Posted by toby
| Wednesday, August 26, 2009
105 Park forest is one of our newest vacation rental properties. 105 Park forest is located in Breckenridge colorado, just east of the peak 8 base area. this park forest townhome is a 3br, 2.5 bath with the master bedroom upstairs and bedrooms 2 and 3 on the lower of 4 levels. 105 Park forest has a full kitchen, dining area, and two seperate living areas for optimal space for your family vacation. Oustide, 105 park forest has a large deck and private hot tub for summer and winter enjoyment. This park forest townhome in Breckenridge is a great vacation home, click here
for more details or to book.
River Mountain lodge w305 Breckenridge
Posted by toby
| Wednesday, August 26, 2009
Ski season is approaching, so book your ski vacation in our River mountain lodge w305. The river mountain lodge in Breckenridge is centrally located 1 block off main street, but also offers the ease of ski in and shuttle out from the Breckenridge ski area. River mountain lodge w305 is a tastefully updated property with granite and stainless in the kitchen, comfy seating and a flat screen in the living, and a cozy bed in the bedroom. Our River Mountain Lodge w305 is the perfect place for your ski vacation. The river Mountain Lodge in Breckenridge offers many onsite ammenities such as the fireside lounge in the lobby, underground parking, Jalapeno's mexican restaurant, hot tubs, pool, meeting rooms, and a workout room. Click here
for more information or to book this beautiful River Mountain Lodge unit.
YOu can also visit us online at www.BreckenridgeResortManagers.com/vacation-rentals/
for details on all of our properties.