Rental house owners can profit from a professional manager

guidebank_largeThe following news story was published in the LA Times on January 26, 2014.  It is an excellent endorsement for vacation rentals companies and the benefits of listing your vacation home with a professional.

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Professional property managers offer their full time and attention, along with marketing, screening, housekeeping, record-keeping, periodic inspections and more.

It’s one thing to manage a rental house when it’s nearby. But it’s another process entirely when the rental is in a distant vacation retreat. Unfortunately, many second-home buyers find that out the hard way.

According to a survey by HomeAway, an online marketplace for vacation rentals, owners spend an average of 8.6 hours a week managing their properties. That’s one full workday a week. And even then, it’s doubtful that the typical owner can market his vacation pad, maintain it and do all the other things necessary to have a successful rental regime.  Click to Read the Entire Article

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