Although you love spending time in your northern Georgia cabin rentals, you can’t be on vacation all the time. Because of this, many property owners choose to rent their cabin rentals to vacationers. Unless you know what your doing, though, this can quickly become very time-consuming and stressful. So how can you make a profit from your vacation home without losing your mind? By taking the time to find a reputable Ga cabin rentals management company, you can quickly start earning a supplementary income without any of the hassle. In order to ensure that you get the most value from your property, here are six questions that you should ask before hiring a prospective cabin management agency.
1. Are you insured?
Before you can even considering working with a cabin rental near me, it is imperative that you inquire about insurance. A professional agency will strive to protect the integrity of your property and your investment by insuring renters against accidental damages. Be sure to take the time to carefully review the policy, confirming what is covered and that the insurance is up-to-date. In this way, you can rest assured that your cabin rentals will retain their value so that you and other vacationers can enjoy them in the many years to come.
2. Do you handle marketing, and what does your advertising strategy entail?
One of the primary reasons that property owners decide to work with a cabin management company is because they need help with marketing. Actively advertising your vacation home is a time-consuming and ongoing process, which is why it is best left to those with years of professional experience. As such, it is very important that you verify that 100% of the burden of marketing will be taken on by your management company. In addition, it’s wise to seek out an agency that will not charge you an additional monthly cost for advertising your cabin. Take a look at how your cabin management company has handled marketing campaigns for similar properties, and ask about their success rate. If you hope to keep your property rented regularly and turn over a generous profit, you must select a company with a proven and effective advertising strategy.
3. How will my property be maintained?
If you live hours away from your northern Georgia cabin rentals, it may be impossible for you to personally tend to maintenance issues around your properties. Although you could hire a maintenance company on your own, there’s still no guarantee that your vacation home will be well cared for. A good cabin management company will be passionate about maintaining your property, as they also have a stake in its condition. When your cabin is in good shape, more vacationers will be interested in renting it, meaning more income for both you and your management partner. When you know that your prospective management agency handles weekly maintenance inspections, it’s a very good indication that the company is interested in making your cabin profitable and in caring for your investment.
4. Will I be expected to communicate with renters?
If the idea of handling reservations, cancellations, guest complaints, or 2AM maintenance phone calls doesn’t appeal to you, you should definitely take the time to find out whether or not your cabin management company will handle all of these tasks. A good agency will handle it all, from start to finish, so that you aren’t ever burdened with the responsibility of customer relations. All you have to do is sit back and enjoy the steady stream of rental income.
5. How will I be paid?
Receiving the profits that you are entitled to should not be a difficult or convoluted process. Look for a cabin management company that will present you with a regular, reliable payment schedule. Additionally, seek out an agency that can offer your rental income through a direct deposit into your bank account so that you don’t have to wait for your checks to arrive in the mail or make a trip to the bank.
6. Will I still have free access to my cabin?
Obviously you will want to have the opportunity to visit your cabin for some much needed time away from the hustle and bustle of the real world. After all, that’s the reason that you bought your vacation home in the first place! Be sure to talk to your cabin management company about the process of booking your own time in your cabin. If it sounds like you will need to jump through too many hoops, move on and find a different agency. A good management company will provide you with the ability to book your cabin in advance and monitor your cabin’s rental schedule so that you know exactly when it will be occupied by vacationers.
What do you look for in a cabin management company?
