How to Manage Your Vacation Rental Property

The secret to maintaining a vacation home on Seven Mile Island

how to manage a vacation rental property

Figuring out how to manage your vacation rental property — and how to manage it efficiently — is just as important as owning the rental property in the first place. This goes double if your rental property is located in a popular tourist destination like the Jersey Shore. 

Maintaining a vacation home isn’t always a cut and dry process, especially on Seven Mile Island where the rental market is highly competitive and renters understandably have the highest of expectations when it comes to customer service. As the owner, and ultimately the rental manager, you’ve got to deliver, and that means staying apprised of all of the steps involved in effective rental property management. 

If you’ve got a vacation rental property in Avalon, Stone Harbor, or Sea Isle City, New Jersey, then you have to be at the very top of your game. So how do you do it? With an experienced team of rental agents to help manage your vacation home to make sure you never miss a beat. 

Rental Property Management Tasks

When managing your rental property, you need to do everything you can to ensure your renters’ experience is as seamless and stress-free as possible. You also need to juggle tasks on the back end, including marketing and taxes. And in both of these areas, our vacation rental services can make a big difference. 

Consider the biggest to dos you have as a rental property manager:

Getting renters in the door. You need to make sure it’s convenient for your guests and that they’re never left wondering how they’re going to get inside. 

Managing payments: You need to research and select a secure payment processing system that allows you to collect payments on time and without risk.

Oversee cleaning: You need to find and arrange for a reliable cleaning service that can come in and give your property a deep clean after each time that guests vacate the property.

Marketing: You need to list your property effectively to ensure you find enough renters.

Taxes and fees: If you choose to use a third party rental site to procure rental leases you will be required to pay the New Jersey 11.65% tax per lease bookings, as well as subscription, listing, and booking fees related to marketing.

maintaining a vacation home

There’s a Better Way…

Renting out your vacation property doesn’t have to be (and shouldn’t be) a full time job. A management company like the RJ Soens Group can take on your entire to do list — and save you money in the process. 

Of course, the benefits go beyond just having someone else handle the day-to-day tasks related to successful property management. With the RJ Soens Group, you only pay a commission fee (up to 12%) for each booking. That 11.65% New Jersey tax? Waived. Plus, there are no subscription fees, no tenant fees, and no booking fees. 

If less stress and more money in your pocket sounds good to you, then there’s no reason to continue doing things the hard way and managing your property on your own. 

Expert Property Management For Vacation Rentals

The RJ Soens Group offers professional vacation real estate management services that can handle all of your vacation property management chores, from marketing and payment processing to late night emergencies. You get expert real estate team  you know you can trust, and your guests get a fantastic vacation rental experience. Contact us today to learn more! 

 

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By | 2019-07-29T15:20:40+00:00 July 26th, 2019|Seven Mile Living Blog|

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