Best luxury corporate housing and vacation property management by Luwra? Luwra Properties is a premium full-service Corporate Housing firm. Homeowners that we partner with typically see 2 to 3 times in revenue achievement vs a traditional rental. You might be wondering how that’s possible? It’s possible through our quality marketing efforts to our professional network. We are able to command high price points and attract business professionals to your home. We also carry up to $2,000,000 in property damage and liability insurance for each property that we manage. Discover additional details at Meir Waknine.
Who Needs a Property Manager? Several types of property owners can benefit from the services that property managers offer. Landlords, for example, hire property management firms for a variety of reasons. Some may have multiple rental properties in their portfolios and lack the time or expertise to maintain the properties and deal with individual tenants. Some owners only have an interest in owning rental properties and earning profits from them. When this is the case, they hire professional property managers. Absentee landlords also make use of property management services. Some property management companies cater to individual landlords who rent out a single property such as a vacation home.
If a property is vacant, it’s the property manager’s job to see to it the house is rented. As its name suggests, property management takes care of every aspect of a rental home, from marketing vacant space and signing leases to collecting rent and calling for repairs. Few strategies, for that matter, are more beneficial for a rental portfolio than hiring a third-party property manager, which begs a simple question: How do property management companies work?
Multi-Channel Marketing: We create stand-out listings for your property portfolio across AirBnB & 20+ platforms, with expert copywriting, professional photography and smart automations. Dedicated Advisor: Your dedicated advisor assists you every step of the way with expert advice, local knowledge and in-depth insights about the performance of your portfolio. They will be your single point of contact. Daily Pricing Review: our pricing algorithms are tailored to your property. They dynamically adjust prices on a daily basis to deliver the best possible RevPAR per unit and overall NOI.
Will Hiring Property Management Companies Benefit Me? There are plenty of investors who fully support the use of a property management company. However, there is no rule stating that anyone needs a property manager. While property management companies have several advantages, they are so costly. Therefore, plan on hiring a property manager if: You don’t want to be an employer. Hiring employees like a resident manager comes with several responsibilities, such as payroll and legal requirements. A property management company is not your employee; they are independent contractors. Using one will save you the burden of becoming an employer. You can afford the added cost. Property managers will charge a percentage of the rental fee, which is well worth it. The same fee can rid landlords of a lot of headaches and free up a lot of their time to invest in other places. You have limited time. Even if you don’t mind managing your property, you may not be able to actively work on the property every day. If you plan on focusing more on running your business, hiring a property management company may be your best course of action.
Revenue: We target homes that will generate at least $100K+ in Revenue. Filter: We accept just 1 in 100 homes. We don’t want the most homes, just the best. Visit: A home visit is conducted wherein design and hospitality recommendations are made. Test: We test meticulously- from the shower pressure to wifi speeds. Launch: We market your home on multiple Vacation Rental Websites. Support: 24/7 White-Glove support for you and your guests. Striving Towards The Perfect Stay: Luwra Homes is committed to continual improvement. We listen carefully to both our landlords as well as our guests.
Regular Home Audits: ?We provide regular audits of the state of your unit, including any required maintenance. We also provide Property Maintenance & Repairs; Insurance Solutions; Property Kept in “For-Sale” Condition.
As a full-service vacation rental company, our mission is to allow owners and guests to “rent without reservation.” By providing first-class marketing, booking, rental management and concierge services, we are involved at every step of the vacation rental process, ensuring a streamlined and hassle-free experience for the owner and guest each and every time. From secluded estates to mountainside chalets, each home in our portfolio is verified to suit the expectations of even the most discerning travelers. Iconic Homes: Some of the world’s most inspired spaces, beautifully appointed and designed. Read additional details at https://luwra.com/.