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How to Manage Your Vacation Rental AirBNB, HomeAway, & More

Author: upload113 Date: 27-11-2017, 04:48 Comments: 0 Views: 17
How to Manage Your Vacation Rental AirBNB, HomeAway, & More
How to Manage Your Vacation Rental AirBNB, HomeAway, & More
MP4 | Video: AVC 1280x720 | Audio: AAC 44KHz 2ch | Duration: 2 Hours | Lec: 22 | 768 MB
Genre: eLearning | Language: English

Learn from a market leader how to efficiently earn extra income using sites like AirBnB, HomeAway, VRBO, & Trip Advisor
Do you own a vacation rental home or have you ever considered buying one?
Would you like to rent your own home while you're out of town?
Are you interested in real estate investing, but you're not sure what to do after you purchase a property?

If you answered yes to any of these questions, you're facing a very big question...

What's the best way to manage your vacation rental property?

What if you chose to hire a traditional management company?
You'd end up paying their fees that average around 30% of your annual rental income. THIRTY PERCENT!!! It is often higher than that in some areas of the country. Let's do a little math. A "good" rental property will be booked around 70% of the time. If the average rate of the same property is $199/night (~$1,200/week), your rental income (without taxes and extra fees added in) would be around $4,180 per month, which is just north of $50,000 per year. Sounds great, right?! Not so fast. Out of that $50,000, you'd pay your traditional management company $15,000, leaving you with only $35,000 to pay your mortgage, utilities, property maintenance, etc. Yikes!

What if you chose to invest in this course and manage your vacation rental home yourself?
Using the same numbers as the example above, you'd still be making $50,000 per year BUT your one-time investment would only be $20. That's 0.0004% of your rental income. So, my question to you is: Would you rather have $35,000 or $50,000?

What websites should I use to manage the rentals for my property?
The process you'll learn in this course will work regardless of the website on which you choose to list your property. It'll work for sites like:

Trip Advisor
VacationRentals (.) com

How to Manage Your Vacation Rental AirBNB, HomeAway, & More

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