The Potential of VRBO Properties

The Potential of VRBO Properties

Tips for purchasing a VRBO property

Research your competition…thoroughly.

1. Read the reviews. What are prior guests saying?

2.  Don’t assume a booked calendar means no vacancy.

3. How long have these properties been around and renting to furnished guests?

4. What is their peak season as well as their low season rate?

5. How many average nights do their guests stay? Do you want to offer something different?

6. How do the competitors comply with the HOA rules (if any)?

A cheaper property manager may not be better.

1. If the manager does not bring guests or “quality” renters you have lost in the long run. Does your manager book any reservations away from OTA’s (Airbnb or VRBO). What percentage of their guests return or are booked via a referral?

How much does it cost o moderately furnish a vacation or corporate rental?

Estimate…….. $10,000 per bedroom.

One bedroom / one bath condo =$10000

Three bedroom / two bath home = $30000

Five bedroom/ three bath = $50000 +

This is to furnish on a budget….luxury home with all the accessories up to $20000 per bedroom.

MORE NEWS & UPDATES

Eyes West Podcast with the Angelo group

Eyes West Podcast with the Angelo group

The Benefits of moving to the Valley

The Angelo Groups sits down with the Eyes West Podcast to talk about the perks of moving to the Greater Phoenix Area and how they put relationships above all in their business.

Greater Phoenix: John & Amy Angelo

by Eyes West Podcast | The Angelo Group

eyes west podcast with the angelo group

North American Referral Network

North American Referral Network

Real Estate Help Anywhere in North America

Did you know we have access to a nationwide network of experienced REALTORS® who work by referral….just like us! If you or someone you know is looking to buy or sell anywhere in the United States or Canada, please allow us to connect you with one of our trusted colleagues. They will be able to guide you and take care of you…before, during and after the sale!

May Market Minute: Forbearance and your options

May Market Minute: Forbearance and your options

You Have Options

Many people have opted into forbearance status on their mortgage towards the end of 2020 and 2021 due to Covid-19 and the impact on their financial situation. John with The Angelo Group in Phoenix Arizona goes over possible options if you are in forbearance with your lender. There are some effective options that some people might not know about.

MORE NEWS & UPDATES