An Investment You Can Really Enjoy
Everyone has their happy place. Maybe it’s the mountains, maybe it’s the beach or maybe it’s a big city. With the explosive growth of vacation rental travelers it is now very possible to own a property that doubles as an investment and a place for you and your family in your favorite destination.
Many people who want to own a property in their happy place are unsure of where to start or how to identify a good opportunity from a bad one.
That’s where we come in. Rental Advisor provides potential vacation rental owners with tools and resources so they avoid mistakes and make informed decisions.
With nearly a decade of experience in vacation rentals, we can be a valuable resource as you consider entering this exciting market.
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Would you like to know how much vacation rentals in a given area are able to produce annually?
By working with us you will be shown how to access this and other vital information from actual vacation rentals all over the world.
Many people don’t realize certain opportunities exist because they are simply unaware of what a vacation rental in a given market is able to produce.
The vacation rental industry is full of little questions, like what are the best ways to get renters? What should go in a rental agreement for guests? When should I charge, more or less? etc., etc.
Having the right answers to these questions is hugely important. We have almost a decade of experience and we understand the nuances of the industry.
Our hope is that through one-on-one consultations, you can draw from our experience, avoid the most common mistakes and ultimately have a successful property.
Our goal is to develop a relationship of trust, because we have found that once a prospective owner knows they can trust us, they are far more likely to give us management of their vacation rental. We have a vested interest in you finding a great vacation rental property. In the end, if you find the right property and trust us with its management, we will both benefit as that property is successfully run year after year.
If you decide to move forward in letting us run your unit we can handle everything. We will help get the unit setup physically and online. We will get all aspects of the housekeeping coordinated and ensure the property transitions smoothly into its new life as a successful vacation rental.
The property caretaker assigned to your property is required to
1) Ensure the property is ready for guest check-in.
2) Respond to guest needs while they are in the house.
3) Report and coordinate any maintenance.
Before being paid, caretakers fill out and sign a detailed report/checklist which validates they have completed all required tasks. You can even request custom tasks to be added to that checklist.
Surprise inspections of caretakers’ work are also conducted regularly to ensure the job is done properly. Routine maintenance (like pest control) or special maintenance (like a broken toilet) are all handled and coordinated by the caretaker. Rental Advisor guests pay a cleaning fee which covers the services of the caretaker.
Property improvements, special maintenance and routine maintenance are paid for by Rental Advisor and then deducted from the next payment to the owner.
The Vacation Rental industry has now entered the 21st century. Not only do we have extensive data on our own rentals to draw from, Airbnb and other vacation rental services now track the occupancy and revenue rates of millions of properties all over the world. That data is then packaged and sold. We have access to this data and can help you use it to see how a given property is doing in a given market. You show us any of the millions of listings on Airbnb, and we can tell you how much revenue it did last year!
In this business we have found it’s all about trust. People give management of their homes to the people they trust. By working with vacation rental owners very early in the process we build relationships of trust that end up benefiting us in the long run.
No problem! It’s your home. We will take care of everything, you just let us know when you want to use it and we will handle the rest.
Rental Advisor has been doing this since 2008. We have worked with various luxurious homes that have hosted celebrities like Dianna Ross, Heidi Klum, Florida Georgia Line and Jessica Simpson. If you would like to speak with any of our happy owners just ask and we will provide references.
Rental Advisor has a comprehensive rental agreement for each reservation. This rental agreement is extensive and has been used successfully by us for years with hundreds of guests. If you would like to add any special terms for your property or would like to see a copy of our standard rental agreement just let us know.
Tax amounts collected are detailed in the monthly statement and sent to the owner so they can issue tax payments directly to the government per the instructions of their personal tax preparer.