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What should I consider when hiring a property manager for my vacation rental?

I'm thinking about hiring a property manager for my vacation rental.

1 Answers

Managing any property can have financial rewards, however it is also time consuming. That is why property managers are so important, especially when dealing with a vacation rental because chances are the owner is not close by. When hiring, consider how long the company or individual has been involved in property management; the more experienced, the better. It is also important to consider fees -- both owner and management fees. Become familiar with their marketing methods to ensure effectiveness. Finally, consider how much control owners are willing to give property managers. These are just a few considerations.