Short Term Rental Management in Vail
The short term rental market is booming in Vail, and it’s become a very profitable industry. But there are two things that make it tricky to get started. First, there’s…
The short term rental market is booming in Vail, and it’s become a very profitable industry. But there are two things that make it tricky to get started. First, there’s…
Vail is a hot market for short term rental investment property. According to Vail Daily, there were approximately 2,600 units already in town in 2018, and long-term rentals are being…
The average daily rate for a short term rental in Vail is $461. But that’s a regional average, for all types of properties, all group sizes, and all seasons. Here’s…
The short term rental industry is a new and quickly evolving field. In some cities, the regulations are vague or ambiguous and operators work under the constant shadow of potential…
Short-Term rental income can be three to five times higher than traditional rental income. That makes sense, because as your rental terms get shorter you transform from landlord to hotelier.…
The joys of being a landlord are well documented: getting a good property in the first place and keeping it in shape, 3 AM phone calls about the water heater,…
Vail hosts an extremely strong tourist market with both winter and summer activities serving as a huge draw. Their 1.3 million annual visitors are evenly split: 650,000 in winter, 650,000…
Whether or not you have embarked on your VRBO journey yet, it is important to understand what goes into the management of a listing—or two, or ten! But before disclosing…
Buying a property is a big commitment, but throw the word “investment” into the mix and suddenly it gets even more intimidating! Don’t worry, you’re in the right place. Why…
It’s $506. Let’s dig deeper, though. What is ADR, how is it calculated, and how can you make it work for you? What is ADR? Average Daily Rate (usually referred…