Why Hire a Property Manager for your Vacation Home?
If you’ve owned vacation property for any length of time, you know that managing your vacation rental can be financially rewarding. Many believe that owning vacation property will be a dream come true. You get to sit back and collect money on your investment — automatically of course — while your tenants/guests take the utmost care of your property and look after it as though it were their own.
However, you’ve also likely discovered that managing your vacation rental requires a large commitment of time and effort.
Unfortunately, though, two or three months into it all, reality comes crashing in. Instead, you learned that those three o’clock-in-the-morning phone calls alerting you to the running toilet is now your responsibility. And of course, there’s the daunting task of trying to keep the occupancy rate higher than the vacancy rate. While it may make sense to take the do-it-yourself approach if you’re a handy person, live close to your property, and don’t mind devoting several hours per month to the task, in many cases this just isn’t practical.
Fortunately though, there’s a solution: Hiring a vacation rental management company is a great way to make life as a property owner much easier. This is where Sabry Properties can help! We specialize in marketing and managing vacation rentals. Our goal is to not only keep the occupancy of your vacation home full through our various marketing strategies but to also handle the daunting task of regular maintenance, management, and taking on those 3am calls.
Here are some critical tasks Sabry Properties can help with your vacation home:
1. No More Wake-Up Calls
There’s a problem at the rental, and as the landlord, it’s your job to fix it. With a property manager, you’ll be able to say goodbye to late-night emergencies. When a problem arises, the property manager will get the call and respond accordingly.
2. Regular Property Maintenance and Repair Help
With a property manager, you don’t have to be the on-call maintenance person/gardener/pool boy anymore. Your property manager will perform routine maintenance for you, preventing small issues from getting out of control. When repairs are in order, the property manager will show up on-site at the first sign of trouble. Since they deal with this type of thing all the time, they’ll also have a database chock full of vendors and contractors who do reputable work at fair prices.
3. Get the Income Balance Right on Your Properties
Sabry Properties has been in the real estate market for almost 10 years. As an experienced property management company who knows the market, we are familiar with that sweet spot: the amount of money that you can realistically charge without risking longer vacancy rates.
4. Keep an Eye on Your Vacation Property Without Having to Watch It
Whether you’re a long-distance landlord or just down the block, keeping a close watch on your property is important. Having a property manager means that your vacation home will be checked on routinely. This is especially important during vacancies, as empty properties are prime targets for vandals. A property manager will be able to keep the property well-maintained, giving it a lived-in, occupied appearance.
5. Marketing and advertising your vacation property:
Through long experience, Sabry Property Management will know exactly where to market your property and how to craft compelling advertising materials—a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.
Owning rental property can be a great investment. But, as you can see, having a property manager can make your life so much easier. If you own rentals, but are feeling overwhelmed, do yourself a favor and contact us at Sabry Properties to take some of the load off. You won’t regret it!