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Property Management
“But you didn’t do anything” – Why are commissions due at the time of booking and even when cancellations occur?
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Jan
04
Let’s start with what is a fee or commission? A commission is two things:
1. It buys the homeowner time. Time to spend with their family, traveling, dining out, hobbies, other businesses, or anything else that the homeowner would rather do than working at their investment property.
2. It pays the management company for those services that allow for #1.
According to the blog “A Breakdown of Short-Term Rental Management Fees” from the writers at Hostfully, they write:
“According to Denise ...
Travel & Learn (Let’s bring back the toothbrush holder)
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Dec
20
Recently Chip and I took a vacation island hopping with a family friend in the Caribbean. We booked various rentals across the islands for each leg of our trip, each being comparable to an InsideOut Property back on the Cape. Some were two bedrooms, some had sofa beds, some had more or less amenities. While the ultimate goal, of course, was to relax and enjoy our vacation, I couldn’t help but take notes on what other hosts were doing, not doing, and how our properties compare.
I already knew g...
Finding The Right Rental Property Management Company
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Dec
22
Finding the right rental property management company could be a challenge. InsideOut Properties offers complete transparency. We have our own employees to service your home, offer referrals, or use your favorites. We shop around for the lowest prices on all homeowner services such as garbage pickup, lawn care, and handyman services.
The Normal Wear and Tear of a Vacation Rental Property – You gotta let go (a little)
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Dec
02
You do not have to relinquish all control around your vacation rental property, but it is important that you understand that people come in all types and styles. You are still in charge, do not fear. We are here to help prepare you for the inevitable wear and tear, while comforting you with the fact that nothing truly detrimental that we cannot correct will occur in your home while it is being occupied by renters.
Items to check and replace in your vacation rental during the off season
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Feb
28
Vacation rentals are a wonderful investment because the money earned during peak weeks can more than pay for the mortgage and property taxes for the whole year. It is one of the best passive incomes you could have, but it does come with some additional costs. Most rentals come complete with things like dishes, sheets, linens and other comforts of home. Renters may accidentally damage or completely break these items, necessitating a replacement. Here is a list of what to look for during off-peak ...
What to put in an “Emergency Supply” kit for your guests
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Jan
17
Every year, as I prepare for the upcoming season, I put together a basket of supplies that I keep under the sink in the bathroom in the cottage. I’m not sure why I do it. Maybe it is become I am exciting about hosting guests again and want to go above and beyond. Maybe I get excited about those cute travel sized items I see at the store. Or maybe I just want another excuse to shop. Whatever it is, I have had more than one guest comment on how the “emergency kit” items saved them ...
5 things to add to the rental to make it stand out in a traveler’s mind
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Dec
27
It is important to remember that there are multiple lodging options for travelers to choose from. If you really want to stand out from all of the other rentals, then consider adding these amenities to your property.