Turning a second home into a profitable vacation rental can be challenging. However, homeowners who enlist the help of a property management company will find the process easy and rewarding.
Matthew Smillie, owner of Aruba Villa Vacation Homes, a company that specializes in villas in Aruba, has compiled a list of reasons as to why some investors are weary about turning their home into a vacation rental.
Myth: They must live close to the property.
Fact: There are thousands of people who own homes abroad. The key is finding a property management company that is able to handle the day-to-day operations as well as assist renters.
Myth: The property will be damaged.
Fact: While this is a natural feeling for homeowners, it just doesn’t happen very often, the Aruba vacation rental professional said. If damage were to occur, the company will make necessary repairs at the renter’s expense.
Myth: Use of property.
Fact: Property owners delegate when and for what time period during the year they would like to use the home. The management company will blackout these dates as well as handle all the cleaning before and after the owner’s arrival.
Myth: Problems finding renters.
Fact: Thanks to the Internet, it has never been easier to find renters, said Smillie. Management companies list all available properties along with photos and prices, and with a little marketing, properties can be rented months in advance.
Myth: Scammers are common.
Fact: A reputable property management company will stand behind their reputation. They can provide owners with references as well as a contract that guarantees their role in the process.
“Investing in a second home can be expensive, which is why so many people decide to turn it into a vacation rental while they are away,” said the Aruba accommodation professional. “By using a reputable management company, owners will see a return on investment and feel well taken care of.”
If you want to find out more about renting a villa in Aruba, please visit www.arubapropertymanager.com or www.arubavillavacationhomes.com or phone them at +297- 564-54-37.
About Aruba Villa Vacation Homes
Aruba Villa Vacation Homes‘ rental accommodations include Aruba beach villas, houses, apartments, condos, hotels and guest rooms. Each rental meets the highest standards and most have a private pool. With more than 40 properties, Aruba Villa Vacation Homes offers the widest selection of Aruba vacation rental properties on the island.
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