Buying a Vacation Rental Home on Oahu Hawaii - Part 9
Hybrid Property Management/ Rent by Owner Relationships …………. Continued According to an article written by a community editor at “Community from HomeAway” an online organization that deals with optimizing your vacation rental business, the following points were made: Some property managers have it written in their contract that the owner can’t do any marketing on their own, so that’s something owners should consider when choosing which method works best. If you decide to embark upon a hybrid rent-by-owner/ property manager relationship, make sure both you and your property manager are clear on how to run things smoothly. Clearly state how much involvement your property manager will have, both verbally and in a contract. There are so many options when it comes to renting your vacation home these days. If you often feel overwhelmed or frustrated, it’s possible that your current method is not working well. After all, your vacation home is supposed to bring you peace and relaxation, not stress. Finding the best way to manage your business will put the vacation back into vacation rental.
Mahalo For Reading.