Ever feel tempted to get into the booming vacation rental business? The extra income from a short-term rental property is enticing more people to invest in second – and even third – properties.
It was certainly attractive to Julie Zintsmaster, a successful real estate broker in Colorado.
She and her husband Tom already had a traditional long-term rental property that was paying off, but they wanted to diversify to vacation rentals.
After their first vacation rental in Breckenridge took off, the couple decided to dive into the competitive Florida real estate market with a beachfront condo in Panama City Beach.
There was just one problem: time management.
If you’ve ever considered investing in vacation rentals, you might realize that while you have the savvy, you don’t have the time. Answering prospective guests’ questions about the property, managing the listing, maintaining the rental – it can be a full-time job.
Julie and Tom definitely couldn’t spare the time from their successful real estate business to become full-time property managers. They needed a partner that could deliver the ROI they expected – without sucking up any of their precious time.
Did their solution work? Judge for yourself!
In the first six months, the Zintsmasters had 32 bookings for their Panama City Beach condo and earned $27,951 in rental income – more than enough to make their investment a success.
Use the Zintsmasters’ strategy yourself and get started building your own vacation rental empire.
Looking for a vacation rental service that delivers on more than just your rental income? Click here to see what owners from Nashville to Napa have to say about Evolve’s exceptional service, or call one of our Homeowner Consultants at 877.881.7584 to experience it yourself.