How to Manage Your Vacation Rental

Owning a vacation rental business can be fun and exciting. It allows you the option of using it when you want and renting it out and earning cash when it's unoccupied. The rental income helps pay the expenses for maintaining your property, and eventually could provide the extra funds needed for other projects. Managing it yourself should save you anywhere from 20 - 30% vs hiring a management company. If you are planning on managing it yourself, here are some simple tips to keep things moving smoothly. The first and probably the most important rule is to get organized and to stay organized. This means creating a system that works for you.