Evolve has worked with over 7,500 homeowners to make more than $300 million in rental income and we’ve learned a lot of tips and tricks for success along the way.
Here are three things smart owners do to get bookings, outperform the competition, and earn the most rental income:
1. Invest in the amenities you would want
Kevin Farmer from Tucson, Arizona, outfitted his properties with Keurigs, blenders, high-end bathtubs, and comfortable mattresses. These expenditures cost a little upfront, but guests appreciate those special touches and their satisfaction makes the expense well worth it.
Elizabeth and Jeffrey VonderHaar bought a property in Big Bear that had previously been used as a vacation rental. With the demand already there, they’ve been generating income to help cover the costs of their vacation home ever since.
Dale McCaw hired a vacation rental management service to benefit from the expertise of a professional service. He says the decision was a no-brainer because it’s helped him make a lot more money and save a ton of time.
Want more ideas about how you can improve your vacation rental performance or get off to a strong start with your new investment? Check out our blog for other helpful resources.
P.S. Evolve has worked with homeowners from Stowe, Vermont to San Diego, California to maximize their income and minimize their hassle. See their results for yourself on our Success Stories page.