Considering your options for property investments? Well, hold off on making any purchases for the moment. You may be surprised to find that your money could be better spent elsewhere.
To put it simply, a rental agreement is a document outlining the dos and donts of your rental property. Some of you may be more familiar with the term tenancy agreement – same thing.
Perhaps the most important piece of your rental property strategy is calculating its ROI correctly. We stress the importance of doing it correctly because a single oversight could mean a massive headache later. This is especially true for anyone leasing or paying a mortgage.
A bad review: the bane of any vacation rental manager’s existence. It’s a smirch on your listing that could have a drastic effect on your bookings. Especially if your listing is new and struggling to generate bookings and reviews in the first place.
Looking for new ways to get your booking rate up? Well we’ve got a bunch of ideas for you right here. The following list is ordered sequentially – you can skip over some tasks when forming your vacation rental marketing strategy. But it’s recommended that you execute the steps in order to ensure maximum effectiveness.
If you’re looking for ways to further automate your rental operation’s communications, you may want to look into chat bots. Doesn’t that sound like an awful idea? It does if you haven’t been introduced to these bots properly.
