Industry experts, UpperKey, reveal the questions all hosts should be asking before signing up with a property management service.
You’ve worked hard, and you’ve finally invested in the second property you always dreamed of. Apart from the breaks that you’ll take each year—to turn off and recharge your batteries—and the occasional stays of family and friends, your new apartment is likely to stand empty for most of the year. What an opportunity, you think, to boost your income and make some real money.
You know that given your property’s great location and presentation, it lends itself ideally to short-term letting, taking advantage of the higher rates. But then again, managing a property is a lot of work—a lot of work.