Investing in a vacation rental property can be a highly profitable venture as long as we use strategic, well-informed decision-making. “Location, location, location” is, perhaps, the gold standard when it comes to property investment enterprises. It also describes the threefold feasibility of getting into the vacation rental market. Given the pandemic-related setbacks, who is going to start renting vacation homes…
Which was louder over the holiday season, the jingle of Santa’s sleigh bells or the sound of you collecting loose change to pay for your winter heating bills? The cold weather was still as freezing as ever this February, and by now, you’ve probably seen how those sub-zero temperatures are pushing your energy bills into a zone that’s difficult –…
Whether you’re juggling a handful of rental properties or thousands of multifamily apartments, COVID-19 has left you with vacancies — and we all know what vacant rental units can lead to rampant mold and mildew growth. To help you keep your vacant rental properties in perfect shape during the remainder of the pandemic — so they don’t become Petri dishes…
Establishing a meaningful connection with your short-term rental guests is the key to running a successful vacation rental property business. When you can leave your guests with a warm impression, they will come back to your property year-after-year and recommend you to others. For this reason, your staff members probably go out of their way to meet guests with a…
The COVID-19 pandemic has resulted in a worldwide effort to stay and work at home, socially distance from others when outside, and avoid contact with communal surfaces. At the same time, the smart home technology market is overflowing with innovative and exciting new gadgets. With the new realities of homebound life, many are turning to smart home technology to make…
The COVID-19 pandemic has emphasized the importance of keeping your rental property sanitized and secured, which makes now an excellent time to reevaluate your property’s hygienic and security practices. Our tips are designed to help you be a hygienic property owner and our smart home solutions will help bring your property into the modern age of security. Sanitizing Tips for…
Running a rental business is difficult, but rewarding. COVID-19 is certainly one of those difficulties, so much so that issues outside the pandemic might be ignored or shrugged off as insignificant in comparison. These factors aside from a pandemic could disrupt your business in the future and that there are steps you should take preemptively to protect your interests. There’s…
COVID-19 has interrupted the normalcy of the rental market and is prompting financial hardship for everyone. The near term outlook on air travel is bleak and it is reasonable to expect that it will take years for travel to restore itself to pre COVID-19 levels. However, you must keep in mind that there are always opportunities for those who look…
The COVID-19 pandemic is tough for everyone. Renters are disappointed that their travel plans have been canceled, and property owners are worried that their incomes will be severely impacted. However, savvy property owners will see this pandemic as an opportunity—a chance to secure future renters, create goodwill, build out reviews and make those upgrades that they’ve been putting off for…
The entire country is taking a timeout from real life to follow the hunkering-down, stay-at-home orders, as the government tries to limit the spread of Coronavirus. As a result, traditional spring break vacations have been postponed or canceled. But once this pandemic has passed, many people will be eager to celebrate with a vacation. That means that real property investors…
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