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How to Avoid "Rent by Owner" Burnout and Achieve the Vacation Rental Ownership Dream


The dream of owning a vacation rental is being able to sit back and just watch the money roll in, with little effort. The reality is that managing and maintaining a rental home is quite a bit of work! Online marketplaces such as Airbnb, HomeAway, VRBO and FlipKey have made it easier in the last decade for individual property owners to advertise their homes and find renters, but the onus is still on the owner to provide guest services and maintain the property. 

The Business of Vacation Rentals

Under the vacation rental model, vacationing guests pay to stay in your home, which means that they expect personal and professional service. Emails and phone calls require fast (ideally immediate) responses, especially if there is a problem. Guests who get locked out or who encounter an overflowing toilet can’t wait for you to get home from your day job to have the issue resolved. Every rental property needs someone on the ground who can respond to guest needs at any hour of the day as well as handle the prepping, cleaning, and maintenance involved in frequent turnovers. Being the sole person responsible for managing the entire process can definitely lead to burnout, especially if you already have a full-time job or if you live far away from your vacation property.

Is personally maintaining and managing your vacation rental the best use of your time?
Is personally maintaining and managing your vacation rental the best use of your time?
 

In addition to the day-to-day work of managing your rental, there are other tasks that need to be considered. Wear and tear on your home and its furnishing will need to be addressed more often than you'd think, and the grounds will need to be consistently cared for so as not to look unkempt. What's more, keeping track of the finances and taxes related to your rental and understanding the ever-changing rental laws are critical to your rental’s success. Cities and towns across the state are looking closely at the recent vacation rental boom and short-term rental laws are being created or revised at a rapid pace across the country.

With all of these considerations, the biggest question you need to ask yourself is this:
With your vacation home, are you looking to run a small business or are you just looking for a simple return on your property investment?

If you are overwhelmed as a Rent by Owner, Atlantic Vacation Homes can help.
If you are overwhelmed as a Rent by Owner, Atlantic Vacation Homes can help.
 

If you decide that the operational aspects of managing and renting  your property are more than you bargained for, hiring a property management company for your vacation home is one way to get closer to the “dream” version of owning a vacation rental. Atlantic Vacation Homes provides all of the services that you need, including advertising, booking, guest support, cleaning, linens, routine maintenance, and accounting. With over 30 years in the vacation rental business, Atlantic Vacation Homes has the industry experience and expertise that you and your property deserve. Our highly professional and dedicated staff is committed to nurturing your rental home investment as well as generating revenue from an ever-expanding list of loyal clientele who return year after year.

Let Atlantic Vacation Homes Minimize Your Time Investment & Maximize Your Monetary Investment

If you have been frustrated by going the Rent by Owner route, or if  you are just starting to think about renting out your vacation home, let Atlantic Vacation Homes manage your property for you. We take the friction out of vacation rental ownership by taking care of all the details, allowing you to you sit back, relax and enjoy the fruits of your investment. 

Learn more about partnering with us:
The Top 5 Reasons You Should Consider Listing Your Home With Atlantic Vacation Homes 

Atlantic Vacation Homes's experience & expertise as a vacation rental property manager can give you peace of mind.
Atlantic Vacation Homes's experience and expertise can give you peace of mind.
 

 

Contact us today to learn more about how Atlantic Vacation Homes can help you get the most out of your North Shore vacation property and get a FREE rental opportunity analysis. 

Contact Atlantic Vacation Homes

 

Atlantic Vacation Homes (AVH) is the premier vacation rental & real estate company on Boston's North Shore, with over 30 years of creating dream vacations for our guests. Situated a little more than a half-hour’s drive from downtown Boston, the North Shore is the ideal spot for an east coast beach vacation. We specialize in vacation rental homes for families & large groups as well as anyone else who wants to vacation near the shore.