How to Choose Your Property Manager ~ The Business Blog Hint: it's not the cheaper option! “You get what you pay for.” – a phrase often heard after something you purchased doesn’t last as you anticipated it would or isn’t the quality you expected. From everyday purchases like food or an umbrella when caught in the rain, to investment/management services like choosing a contractor to build your home, or utilizing an investment company to [...]
Owner Testimonials ~ The Business Blog We work hard to provide our customers, owners and guests, with the highest quality experience and service along the Gulf Coast. Through our systems, we've perfected our approach to property management and become a local leader in vacation rental management for nearly 25 years. Our owners find great success in working with us, but don't take our word for it! Read on below to see a few [...]
How to Grow Your Portfolio ~ The Business Blog Are you wondering how to grow your portfolio? Knowing where to start isn’t always easy, but our Revenue Team is here to help. It’s as simple as identifying your goals and diversifying your portfolio. Once you’ve established these two components, your portfolio is sure to begin expanding. Revenue Management is just one aspect of our vacation rental management services that we would love to [...]
How to Give Your Property an Edge ~ The Business Blog Adagio #204B features an aesthetically pleasing interior in addition to in-season beach service for guests. The key to successful bookings and maximizing revenue potential is to set your unit or home apart from the others that are available. By giving your property an edge, your property stands out among others that guests may be looking at. Whether that’s jazzing up [...]
Should I Go Short-Term or Long-Term? ~ The Business Blog When deciding between using your second home as a short-term or long-term rental investment, there are a few things you need to consider: the amount of owner use you anticipate, revenue expectations, and tenant expectations. As part of our vacation rental management program, we can help you make this decision! If you, as the owner, anticipate utilizing the property as a vacation home [...]
How Are Vacation Rental Sales Taxes Handled? ~ The Business Blog As part of our vacation rental management services, our Accounting Team handles all aspects of sales tax on your property. Our Accounting Team has years of experience in vacation rental accounting and works closely with Portfolio Managers on each individual account. We understand that taxes can be heavy and at times, confusing. That’s why we aim to provide you peace of mind when it comes to [...]
Should My Rental be Pet-Friendly? ~ The Business Blog When signing onto a vacation rental management program, you may be wondering, “should my rental be pet-friendly?” This is a great question and many owners struggle with making the decision. There are a few considerations to make, including homeowner association (HOA) rules, fees, and general wear and tear on your property. You must also decide if making your rental pet-friendly will be worth it [...]
Where Should I Buy My Vacation Rental? ~ The Business Blog If you’re looking to purchase a second home, then one of the first questions that comes up during the buying process is “where should I buy my vacation rental?” Buying a property, whether it’s a home or a condo, is a large investment, so you want to be sure of all aspects before signing on the dotted line. Fortunately, if you have [...]
How to Make Money With a Vacation Rental ~ The Business Blog By adding another twin bed in the bedroom, Lost Key Villas #6556 was able to increase their occupancy from 9 to 10. Before you purchase your vacation condo, let's get back to basics! Understanding just how to make money with a vacation rental is crucial when entering the industry. As part of our vacation rental management services, our Revenue [...]
PHA+PFA+ How Much Money Should I Save For Upgrades? ~ The Business Blog When joining a vacation rental management program, something a new owner will be wondering is “how much money should I save for upgrades?” Sam, our Destin Revenue Manager, is here to answer that question. Sam is extremely knowledgable about the vacation rental market and loves numbers, and can tell you just how much money to save for upgrades to your home. [...]
