Management vacation short term rental homes
web / domain ownership
Marketing and intellectual ownership?
Small biz aspect
Should I have each home its own LLC?
His - www.StayLakeNorman.com
Home owner - North Carolina rental management vacation rental home Management contract review and revise
Considering contracting out the homes rentals to local Realestate company while
I rent out the watercraft (and possibly other services) to the tenants
The short terms are off season 3 days up to longer term months and high season 7 nights.
Owner to maintain rights to watercraft and other services related to home and other unrelated
Services - restaurants, beautification, relaxation, entertainment, personalized items via Internet domains development.
Lawrie LAWRENCE. Www.staylakenorman.com he is also a vacation home owner (see website StayLakeNorman and buyer seller and is developing management of short term vacation rentals aspect also. Owns 2 luxury vacation rental homes and boats very successfully.
Takes full charge. Rate. Marketing. Booking. Processing. Cleaning (owner pays) Monitoring Maintenance (owner pays)
Concerns me regarding condition, inventory, damages, contract copy to owner? Owner liability safety, condition, Home and tenant. Do not want to adhere to their ability to perform maintenance and repairs up to 500.00 at will. Rather be notified providing me the opportunity to choose rate and service provider. Owner to inspect home location between bookings. Management companies will swallow the cost of violations and damages while reimbursing tenants deposit amount in order to avoid reputation trashing. It appears, per the management contracts, that this option is solely up to the management company at the expense of the owner. Owner has no option but to comply to managements decision while suffering the loss or expense.
Which trip / vacation rental insurance
covers and processes claims on behalf of owner successfully? There is one that requires the tenant to make ins co aware of the damage or claim is denied. This philosophy is working successfully? Management must process, or owner? It's usually an owner who recognizes things amiss or damaged, and or, cleaning crew.