It may seem daunting to manage a vacation rental property from hundreds or even thousands of miles away. It's tempting simply to turn over the management of the property to a management company. But those companies typically take a large cut (often 35% or more) of any rental money earned by the VRP. Many people rent out their vacation homes as a way to make having a second home affordable; the large cut taken by management properties often changes the math so substantially that it may no longer be financially possible to own that dream vacation property. Luckily, it's fairly simple to manage a VRP and keep all the profits.
Find a Trusted Cleaner for the Vacation Rental Property
The hardest part of managing your own vacation rental property is finding a cleaner who will not only do basic cleanin, but who will also do the chores that are critical to the success of a vacation rental property. You'll need a cleaner who will:
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