Many homeowners can manage one vacation home. It’s not easy, but with plenty of time, attention, and resources, it can be done. However, things may start to get complicated when you have multiple vacation rentals to look after. More rental properties means more of everything that comes with it—good and bad. More reservations and rental income, yes. But, also more guests, listings, service requests, and maintenance.
If you’ve invested in multiple vacation rentals, it’s best to have strategies in place to help you manage it all with ease. Here’s where to start.
Let’s be frank—you can’t afford to be disorganized with multiple vacation rentals. From hiring (and managing) housekeepers to overseeing all your booking channels (like Airbnb and Vrbo), expect a fair amount of work from just one vacation home. With several properties, that work multiplies. Keeping the mountain of details straight is essential to the health of your business.
Follow a master calendar (or invest in a channel management software) that includes all reservations, maintenance visits, and more. Most importantly, create a filing system that works for you—whether you organize all your details by property or by month—and stick to it. Staying organized is the best way to keep your business on track and forging forward.
When juggling multiple investment properties in your portfolio, it’s easy to waste time jumping from one task to another. Streamline your workload by creating efficient systems once, then just press repeat. For instance:
While your homes may be vastly different, you need consistency in marketing, cleaning, paying the necessary taxes, and more. Staying consistent will reap benefits like less confusion and more profitability.
When needing to keep multiple properties in prime condition, the key is prevention. Start off by doing a thorough inspection of all your vacation rentals. Look out for any minor issues that could become major headaches later on—mold on the rooftops, tree branches edging too close to your windows, plumbing issues—then hire the proper professionals to take care of it.
Afterward, be proactive and perform routine checks and maintenance. It’s the best way to get ahead of any potential issues at your properties. Keep a master calendar with reminder dates for certain maintenance tasks, such as trimming trees and bushes, maintaining the caulk on your windows, and cleaning out the gutters. At Vacasa, we perform maintenance checks on our homes, in addition to preparing homes in certain markets for seasonal conditions.
Today, you can easily control many aspects of your homes from your phone—helping to automate tasks that keep guests comfortable and all your real estate investments safe. Plus, installing smart home technology is a great time-saver, allowing you to manage multiple properties from a distance. Some devices to consider:
While most travelers treat vacation rentals respectfully, risky guests do exist—and they could potentially damage any of your rentals and prompt neighbors to complain. And, the more properties you have, the bigger the potential for problematic bookings.
Whether you have one vacation rental or 10, you are the main safeguard against risk. Some scenarios that screening can prevent:
When you hire Vacasa to manage your vacation rental, we help safeguard your home with automated and manual guest screening.
Our team manages tens of thousands of vacation rentals across North America, Costa Rica, and Belize. We’ll be the first to tell you—running several vacation rentals is too massive of a job for one person.
Hiring the right people is the best way to take care of your property, your guests, and your bottom line. Find vendors you can trust in all aspects of running your vacation rentals, then keep them on speed dial. Some to consider:
Homeowners who manage just one vacation home can attest—the work never ends. There are always guests to assist, rooms to clean, repairs to handle, reviews to respond to, rates to adjust, marketing to keep up with, and so much more. The smartest solution when you have multiple vacation rentals? Working with vacation rental experts to make it all happen.
Full-service vacation rental managers—such as Vacasa—will handle it all, while also maximizing your bookings and rental income. Hiring a management company means paying a fee, but they’ll keep your vacation rental business streamlined and running smoothly. The results—repeat guests and flourishing revenue.
Owning multiple vacation rental properties can be both exciting and lucrative. You can host more guests and enjoy multiple income streams. However, the day-to-day tasks of juggling multiple homes can get complicated—leading to double bookings, missed opportunities, and wasted time and money. Follow these tips to stay on top of all the details and keep your success on track.
For some homeowners, it can be extremely rewarding to manage your vacation rental on your own.
Choose to self-manage if you:
Another option: Turn to a full-service vacation rental management company that runs your vacation rental for you—like Vacasa. We handle marketing, rate setting, cleaning, 24/7 guest service, coordinating maintenance and repairs, and so much more.
The cost for vacation rental property management can vary. Companies can charge flat rates or management fees that range from 10% to 50%—all depending on the services they offer, your location, your type of home, and other factors. Some management companies also charge extra fees for services such as cleaning, marketing, and maintenance.
At Vacasa, a full-service vacation rental property management company, homeowners pay us a straightforward fee that covers all the essentials and is tailored specifically for their property. In return, we deliver an abundance of services and benefits. These include rate setting, channel management, cleaning, and 24/7 on-the-ground support.
Vacation rental property managers take care of everything and (mostly) anything required to keep your home thriving and your guests’ stays running smoothly. This includes:
Call 844-518-0967 to speak with a Homeowner Consultant, who can answer preliminary questions and see if we’d be a good fit for you.
If you'd like to move forward, we’ll put you in touch with our market expert in your neighborhood to explore the financial potential of your home, outline our management fee, and introduce your local team.
Vacasa offers property management and other real estate services directly through Vacasa LLC and through Vacasa LLC's licensed subsidiaries. Click here for more information about Vacasa's licensed real estate brokerage/property manager in your state. Vacasa’s licensed real estate brokerages/property managers include: Vacasa Alabama LLC; Vacasa Arizona LLC; Vacasa Colorado LLC (Micah Victory); Vacasa Delaware LLC, 302-541-8999; Vacasa Florida LLC; Vacasa Louisiana LLC, Dana MacCord, Principal Broker, ph 504.252.0155 (Licensed in LA); Vacasa Michigan LLC, 947-800-5979; Vacasa Missouri LLC, Susan Scanlon, Designated Broker; Vacasa Nevada LLC; Vacasa New Hampshire LLC,45 NH-25, Meredith, NH 03253, Dave Grant, Broker of Record; Vacasa New Mexico LLC, 503-345-9399; Vacasa New York LLC, 888-433-0068, Susan E. Scanlon, Real Estate Broker; Vacasa North Carolina LLC; Vacasa Pennsylvania LLC; Vacasa Real Estate Corporation, California DRE #02105811, Joseph Czapkowicz, California DRE #01380722; Vacation Palm Springs Real Estate, Inc., California DRE #01523013, Mark Graham, California DRE #00700720; Vacasa Real Estate LLC (licensed in Colorado, Daned Kirkham); Vacasa Real Estate LLC (licensed in Idaho, Oregon, and Utah); Vacasa Real Estate LLC (licensed in Maine, Michael McNaboe, Designated Broker); Vacasa Real Estate LLC (licensed in Texas, Debra Brock, Designated Broker); Vacasa Real Estate LLC (licensed in Washington, Robert Brush, Designated Broker); Vacasa Seasonals Inc., California DRE #02160171, Lisa Renee Stevens, California DRE #01485234; Vacasa South Carolina LLC; Vacasa South Dakota LLC; Vacasa Tennessee LLC; Vacasa Vacation Rentals of Hawaii LLC, 3350 Lower Honoapiilani Road, Suite 600, Lahaina, HI 96761; Vacasa Vacation Rentals of Montana LLC, Terah M Young, Licensed Property Manager; Vacasa Virginia LLC; Vacasa Wisconsin LLC; Vacasa Wyoming LLC. In Canada, this advertisement is provided by Vacasa Canada ULC, CPBC lic. number 75826, 172 Asher Rd. V1X 3H6 Kelowna, BC.