Congratulations on purchasing your vacation home in paradise!
Now that you are a vacation home owner you may be interested in earning some rental revenue for your property. If you are looking to protect your investment and are not looking for a second job, then hiring a property manager may be a good decision for you.
You should consider hiring a property manager if:
You don't live near your rental property. If your rental property is located far from where you live, hiring a property management will be invaluable to you. You will not be able to handle the many issues that will arise for your property from far away. Property managers offer a friendly face to renters and provides an on-site assurance that issues will be resolved in a timely and efficient manner.
You want to make money. Many owners will not hire a property manager because of the costs associated in doing so. What you don't realize is that you will actually earn more money in the long term due to the increased care of their property. Hiring a property manager to perform regular inspections, organize scheduled cleanings, doing in/out rental damage inspections and handling maintenance issues in an efficient and timely manner, you will have less damage and repairs to deal with in both the short and long term. Your property will remain in great shape year after year, which will also result in more rentals as people will opt for your property over one that has not been properly looked after.
You want to save time and headaches. From check in to check out, it can be very time consuming handling rentals. The tasks of taking meter readings, performing inspections, dealing with complaints and repairs, prepping for new tenants, and finding vendors and labourers can turn into a constant source of stress if you are trying to do them over and above your already busy life. Do you want to take on a second job of handling your investment? Having a good property manager can allow you to maximize your rental revenue without sacrificing your time and stress level.
You have a few investment properties. If you have a few investment properties than you are likely to benefit even more from a property manager. You may even be able to work out a better rate from your property manager for work required.
Protect your investment, earn some rental revenue and rest easy by hiring a property manager. Contact us to find out more about our property management services in Huatulco.