6 min · Property Management
Management is the operating engine
A rental property requires pricing, guest communication, cleaning, maintenance, channel management, detailed reporting, and coordination of the owner's calendar.
Reporting should be clear
Owners should receive reports detailing occupancy, average nightly rate, revenue, expenses, maintenance activity, guest feedback, and net distributions.
Incentives matter
The management agreement should outline the fee structure, booking channels, reserve handling, approval thresholds, and termination rights.
All return figures are estimates and are influenced by occupancy, seasonality, rental rates, operating costs, taxes, and prevailing market conditions.
