Maintaining Owner Rental Properties

So you've made it this far.  You've purchased, furnished, and decided how to mange and market your vacation rental home or condo.  Now you can kick back fill your account with rental income?  Wrong!  Sure initially you will be able to pull back a little and spend less attention and time on your investment (unless you are renting by owner) but it is key not to loose focus on your real estate goals.  Your home in a product and must be maintained as so.  Can you imagine purchasing dirty scuffed up items from your local retail store?  You want to always make sure your product is property maintained.  Below we examine a few routes you will want to consider when deciding how you will take care of your vacation rental property.

Property Managers

This is the quick and easy route. Or is it?  Just because you have hired a property manager it doesn't mean you do not still need to be actively involved. We tell you how to manage your manager.

Local Caretaker

Not quite a full on property management service, this hybrid of sorts offers several pros and cons.  The local caretaker is evolving and we will examine the best way to hire and manage this service.

Maintaining by Owner

If you adore being hands on and do not mind getting a little dirty we peel back the cover of this glossy package to reveal keys to the inner-workings and requirements of maintaining a rental.