ARUBA - Many vacation homeowners have misconceptions about turning their second home into a vacation rental property. With the help of a reliable property management company, the pros far outweigh the cons.
Matthew Smillie, owner of Aruba Villa Vacation Homes, a company that specializes in property management of Aruba rentals, has put together a list of common myths associated with renting vacation homes.
Myth: Owners must live nearby, laughs at, Aruba beach villas realtor.
Fact: Thousands of people have vacation homes in other parts of the world and the key is to find a reliable company that can manage the day-to-day operations and maintenance of the home.
Myth: Scammers will manage property.
Fact: A reliable property management company has a reputation they can back up. They have the resources necessary to find renters, the expertise to handle bookings, and the ability to assist occupants when necessary. They are your go-to people and you can rest assured you will see a return on investment in a few months of listing the property.
Myth: Property will be damaged.
Fact: While this is a rational fear for property owners, it just doesn't happen often enough to be legitimate, said Smillie, the specialist in golf vacation of Aruba. Property Management companies screen their guests and any damage that does occur will be repaired by the company and paid for by the renter.
Myth: Difficulty finding renters.
Fact: The Internet has made finding renters easier than ever. People who are searching for an Aruba beach villa will be directed to a listing site, which can help properties book months in advance.
Myth: Owners can't use the property when they want.
Fact: As a vacation property owner, you have the option to rent your home whenever, for as long as you want. You can even set aside a blackout month for renters so you can ensure your property is ready. The property management company will also handle the cleaning before and after your arrival.
"People opt to turn their second home into a vacation property because financially it makes sense," the seaside villas provider said. "Renting a property can help owners pay the costs associated with owning a second home. With the right property management company on their side, owners can rest assured their property is well cared for while they are away."
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