Before you put on your landlord hat and rent out your home in the Vail Valley, take a look at what premier home management could mean to you. If you aren’t familiar with private home management and think the investment isn’t worth the benefits, read on; you might be surprised by what you find.
What Does a Property Management Company Do?
When you have a rental property in Vail or the surrounding areas, or you’re considering using your private home as a vacation or short-term rental, it’s important to consider your options. Property management is one of those options. Here’s a list of some of the basic things a premier home management company can do for you:
● Marketing your property to the best clients to make sure you’re getting the biggest bang for your buck
● Deal directly with renters from the first contact to check-out including rental application, if applicable, property viewings, contracts and documentation
● Handle maintenance and repair issues
● Manage guest requests, inquiries and complaints
● Collect payment
● Offer recommendations for property improvement
Why Should You Hire Private Premier Home Management?
There are many reasons you might decide to hire a premier home management company for your private home in the mountains.
First and foremost, there’s the value of your time. Life is busy and hectic, especially if you’re dealing with your own personal and professional interests. Furthermore, you may not have time to deal with being a landlord too. And with rental property, you’ll also have to be a marketing exec, housekeeper, repairman, contractor, and concierge. Your time is valuable. So, instead of spending it managing your rental property, let a team of experts do it for you.
Second, you might not live near your rental property. It’s incredibly common for homeowners in and around Vail to have permanent residences elsewhere. It would be a logistical nightmare to try to manage a vacation rental property long distance. Look for a local company with the local networking and support to take care of your house and your renters to solve that problem. Sure beats you trying to do it from across the state or the country.
Finally, the idea of becoming a hands-on landlord might not seem so appealing. Is your rental property primarily an investment opportunity? Many homes in the Colorado mountains are. Then, you do not want to play landlord. Leave day-to-day management of your property to a professional. Find one who knows how to do everything that needs to be done to keep your property full and the return on your investment high.
Getting the Most from Your Investment?
Do you own property in the Vail Valley that you only use part-time or purchased strictly as an investment property? You want to be sure you’re taking advantage of that investment. Don’t try to manage it all on your own while also trying to handle everything else in your busy life. Invest in a company that can take care of it all for you and make that investment pay off.
Contact the team at Fireside Properties for all your premier home management needs. Just call 970-476-4446 or by visit us online.