STR Management: Premier Service, 20%
Our Premier STR Management service is tailored to maximize your investment with a management fee of just 20% of the revenue. Our partnership model means we only succeed when you do, ensuring our interests align perfectly with your profitability.
What Our Fee Covers:
- Comprehensive Market Listing: We list your property on over ten platforms, employing a dynamic pricing model that adapts to market trends and data analytics, maximizing your property’s visibility and revenue.
- Unparalleled Guest Service: Offering 24/7 availability every day of the year, our dedicated hosts ensure guests receive top-tier service at every stage of their stay, fostering repeat bookings and glowing reviews.
- Proactive Maintenance: We manage regular upkeep tasks—like replacing air filters and ensuring furniture and equipment (FF&E) are in prime condition—plus coordinate any significant maintenance needs directly with you (owner’s expense) and trusted vendors to safeguard your investment.
- Efficient Cleaning Coordination: Our adept handling of cleaning schedules ensures your property is always guest-ready, optimizing for fast turnovers to boost your earnings.
- Dedicated Owner Support: A devoted contact point provides you with strategic insights, feedback, and answers to propel your property to the defined success metrics, alongside managing tax collections and remittances.
- Transparent Financial Reporting: Our meticulous financial management includes collecting revenues, handling expenses, and delivering your net operating income (NOI) monthly, ensuring you have a clear picture of your investment’s performance.
Premier Service for Monthly Rental (Vacation Rental), 14%
Opt for our Premier Monthly Rental (Vacation Rental) service at 14% of the revenue, designed for owners who may not have an STR permit but are still looking to optimize returns through month-to-month furnished rentals.
What Our Fee Covers:
- Furnishing: We navigate, design and helo you to buy all necessary furnishes and assistin you in setting up your property for lucrative month-to-month rentals.
- Enhanced Revenue Potential: Furnished month-to-month rentals can significantly outperform long-term leases, with revenues approximately 80% higher.
- Impressive Occupancy and Returns: Aiming for an 85% yearly occupancy rate, we target optimal pricing, such as averaging $4,200 for a 2-bedroom stay, managing all guest interactions from bookings to agreements.
- Full-Service Management: From marketing your property on the right platforms to maintaining the rental, our team ensures a hassle-free investment experience for you.
Care Service, 10%
Our Care Service, available at only 10% of the revenue, offers an efficient management solution focused on maximizing your property’s earning potential with minimal costs.
What Our Fee Covers:
- Cross-Platform Bookings: We manage your listings across multiple platforms, employing dynamic pricing strategies to ensure high visibility and occupancy.
- Automated Guest Support: Utilizing advanced AI, we offer guest support on your behalf, maintaining high satisfaction and response rates.
- Cleaning Service Coordination: We assist in finding reputable cleaning services, ensuring your property is impeccably maintained for every guest’s arrival.
HOA Management for STR Buildings
For STR complexes, our specialized HOA Management service offers an all-encompassing solution designed to enhance the functionality, sustainability, and overall appeal of your property. Recognizing the unique demands of STR complexes, we provide a holistic approach to management.
Eco-Friendly and Comprehensive Property Care
We take a sustainable approach to every aspect of property management, ensuring that your STR complex not only operates efficiently but also contributes positively to the environment. Our services cover:
- Budget and Financial Management: With meticulous oversight, we manage both operating and reserve accounts, ensuring they are adequately funded while providing transparent financial reporting to the association’s board of directors.
- Proactive Administration: From organizing and conducting HOA meetings to distributing minutes and proposing innovative building improvements, our administration service ensures smooth operation and fosters community engagement.
- Dedicated Maintenance: Our collaboration with skilled contractors guarantees top-notch maintenance and building care. We prioritize preventive maintenance and eco-friendly practices, including recycling and composting, to maintain your property’s excellence and appeal.
Customized Service for Every STR Complex
Understanding that each STR complex has its unique challenges and opportunities, we tailor our HOA management services to meet your specific needs. Our fee structure reflects the property’s specific requirements and the complexity of services provided, ensuring you receive value-driven management solutions that enhance your investment.
By choosing our HOA Management for STR Buildings, you’re investing in a service that not only looks after the logistical aspects of property management but also aligns with the growing demand for sustainability. This forward-thinking approach ensures that your property remains competitive, desirable, and compliant with the evolving expectations of both owners and guests in the short-term rental market.
Ready-to-Buy NOO and OO STR Properties
Dive into the STR market instantly with our exclusive service aimed at finding Non-Owner Occupied (NOO) and Owner Occupied (OO) STR properties. Leverage the expertise of our dedicated sales associates, realtors specifically trained to identify prime STR investments. This service is your gateway to diversifying your investment portfolio with minimal effort. Additionally, we offer complimentary design and furnishing guidance to enhance your property’s appeal and performance in the STR market. Fee Structure: Involves real estate commission with a 1-year commitment to our Premier STR Management Service, ensuring a seamless transition into STR ownership.
DADU and ADU Development for STR
For investors seeking an additional income stream without renting out their primary living space, our DADU (Detached Accessory Dwelling Unit) and ADU (Accessory Dwelling Unit) development service offers a compelling solution. We manage the entire process, from obtaining necessary permits to design, construction, and furnishing, culminating in a turn-key STR property ready to generate revenue.
Turn-Key Service: The construction process operates on a cost-plus basis (30%), encompassing everything from building to interior design and furnishing. A commitment to use our Premier STR Management Service for 3 years is required, ensuring professional management post-construction.
Ground-Up STR Property Development
- Turn-Key Service: This all-inclusive option includes real estate commission and construction on a cost-plus basis (20%), fully preparing your investment for the STR market. A 7-year commitment to our Premier STR Management Service guarantees expert management and maximized earnings.
Our approach is grounded in the belief that custom-built STR properties yield the highest returns. By tailoring each development to the specific demands of the STR market and optimizing investment costs, we empower our clients to achieve unparalleled success in the industry.
Long-Term Rental Management, 100$/monthly
Our Long-Term Rental Management service bridges the gap between homeowners and the traditional rental market, offering a seamless, stress-free management experience for those who prefer the stability of long-term rentals. Tailored to property owners seeking a hands-off approach to renting their properties on a long-term basis, our comprehensive service includes everything from marketing your property to finding the perfect tenants, managing lease agreements, collecting rent, and handling all maintenance and tenant queries.
Service Fee Structure:
- Flat Rate: $100 per unit/month, ensuring straightforward, predictable costs for ongoing management services.
- Commission Based: Listing and associated services commission equivalent to one month’s rent, covering the initial efforts to market your property, vet potential tenants, and secure a lease agreement.
Whether you’re an investor looking to maximize your property’s earning potential with minimal personal involvement or a homeowner looking to cover your mortgage or generate steady income, our Long-Term Rental Management service provides a tailored solution. Our experienced team leverages market insights and a comprehensive suite of services to ensure your property is well-maintained, your tenants are satisfied, and your investment returns are maximized.
Design and Furnish STR Property, 20%
Elevate your STR property with our Design and Furnish service, where our experts curate interiors that blend aesthetic appeal with guest comfort. Recognizing that the visual and functional appeal of your property significantly impacts guest experiences and booking rates, our team focuses on creating spaces that not only look beautiful but are also practical for short-term stays. From selecting durable, stylish furnishings to optimizing the layout for guest convenience, we ensure every detail contributes to a memorable stay. This service is particularly beneficial for homeowners aiming to stand out in the STR market, attract more guests, and command higher rental prices.
Fee Structure: Involves 20% Tip from the buying list.
Professional Consulting, $250
Our Professional Consulting service is designed for property owners navigating the complexities of the short-term rental (STR) market. Whether you’re transitioning from another property management company, opening a new rental, or seeking to enhance your property’s performance and sustainability, our team of experts is here to guide you every step of the way.
- STR Permit Assistance: Simplify the process of obtaining your STR permits with our expert guidance. Our team can help you secure your STR permits in under four weeks, ensuring a smooth transition into the rental market or a seamless handover from another property management service.
- Pro Forma Analysis: Gain insights into your property’s financial potential with a detailed 24-month pro forma analysis. We provide comprehensive projections, including assumptions, revenue, and profit & loss statements, tailored to your specific property and market conditions.
- Interior Design Consultation: Elevate your property with our Interior Design services, focusing on sustainable and aesthetic choices. Whether you’re looking to refresh a single room or an entire building, our design team specializes in utilizing reclaimed, second-hand, minimalist, vintage, or eco-friendly furniture and decor to create unique and inviting spaces.
- Self-Management Guidance: For property owners inclined towards managing their STR independently, we offer a blueprint for success. This includes a detailed pro forma analysis similar to our comprehensive property management clients, equipping you with the knowledge and tools to maximize your property’s revenue and efficiency.
- Sustainability Consulting: Embrace eco-friendly practices with our Sustainability consulting. Whether you’re constructing a new energy-efficient building or repurposing an existing structure, our expertise will help you make environmentally conscious choices without compromising on style or guest comfort.
