Vacation Homes are a Preferred Source of Rental Income

Choosing a property management company

If you’ve always wanted a beach vacation home, but weren’t sure if you want to buy a home that you use only for a few weeks a year, there is another option. You could consider using your beach home for vacation rentals for the remaining part of the year, for some extra rental income. And by putting your beach vacation rentals in the hands of vacation property management professionals, you can be sure that it will be well looked after.

Buying a vacation home

Not only are there more vacation rental homes on the market, there is more demand for them as well. And the increase in vacation home rentals has happened quite recently. The number of people who rented as vacation home in 2007 was only 10% of the U?S. population, but this year it has soared to 50%.

In general people prefer to stay in vacation homes rathe than in motels or hotels. With beach vacation home rentals, they get a great location as well as the comforts of home. Specially for families traveling with children or pets, renting a vacation home is a good choice.

Concierge services for vacation rentals

Home buyers too seem to be investing in more affordable country homes and vacation homes rather than in the expensive urban markets. Vacation home sales have grown by 57% this year and are becoming a preferred source of rental income.

With excellent concierge services available, you can safely leave your property in the hands of the experts. A vacation property management company will handle all aspects of the rental process, including advertising, cleaning and maintenance. Property managers can handle everything for you. Their fees are typically a commission, about 20 to 50% of the rental income.

So even if you live in Michigan but always wanted to own a vacation home in Florida, finding a reliable vacation property manager can help you fulfill that dream.

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