SHORT TERM RENTALS

Airbnb, VRBO, Vacation Homes, we are here to help you take the leap. Get into the short term rental game, and maximize your real estate investments.

 OUR SHORT TERM RENTAL MANAGEMENT SERVICES

  • Property Set Up

    Each property is unique. From licensing and tax set up, to furnishing and maintenance, to photos and online onboarding, we take all the stress off your plate and make sure your property is ready for guests to book and stay.

  • Online Marketing & Management

    The online presence of a property is vital to bookings & income. We make sure the photos, amenities, & property info are thoughtfully curated to maximize your listing.

  • Property Management

    Another key to a great STR is making sure it is always ready for the next guest. Cleaners, lawn care, maintenance items, restocking supplies, we make sure the property is managed to produce a 5 star experience.

  • Guest Communications

    It’s paramount to realize that short term rentals are part of the hospitality industry. We quickly respond guests inquiries to keep the listing booked, and proactively throughout guests’ stays sustain to a 5 star status.

  • Tech Integration

    We use tech platforms to make managing the listing even more manageable. We incorporate management software, pricing tools, income analysis, smart locks, noise detectors, and more to make sure the property is as “automated” as possible.

  • Income & Expense Management & Analysis

    Get passive income straight to your account. We provide expense reports for you that include our fees and all expenses. Income analysis are available to understand how your property is performing.

 

Pricing For Our Services

  • The industry standard for short term rental management is 20-30% of gross income. As we are still a new company, we will charge 15% as we grow our management portfolio. Monthly, we do not make money unless you do, and the better you do the better we do! It is a business partnership. The cleaning fees simply pay our cleaner partners, we do not take anything off the top.

  • Getting The property set up is one of the most involved parts of the process.

    Full Concierge Set Up - $1,000.

    Let us set up everything for you. Upon agreeing to a budget, licensing, furniture, tech hardware, and online creation, we will get it taken care of and send an invoice for all the items and services purchased.

    Hybrid Set Up - $300.

    Maybe this is a vacation home you plan to use throughout the year, and you want to be involved in choosing furnishing and supplies. I supply a list of what you need, and let you run with it. I take care of licensing requirements, make sure we purchase the tech essentials, and create the online listing.

  • Month to month services included in our monthly fee are: Cleanings, online marketing and management, property management and coordination, and guest communications. Maintenance items and repairs, lawn care services, and utilities can be coordinated by R&R and invoiced to the owner.

OUR PROCESS

  • 1. Consultation

    First, we analyze your property and agree that a partnership is in our mutual interests. Upon coming to terms we lay out goals, costs, and a timeline to launch the short term rental.

  • 2. Plan & Set Up

    Depending on your unique circumstances we set a plan and budget that meets your needs. From there we go about getting licensing, tax IDs, and any permits for the property, furnish and maintenance, schedule professional photos, and creating the online listing profile.

  • 3. Launch Listing

    Once we have the listing furnished and set up online, we “launch” it on booking platforms such as Airbnb and VRBO. The first month we pull out all the stops to get as much bookings as possible and let the listing move up in the platform rankings.

  • 4. Manage

    Once the bookings start coming in we begin to manage the property. Guest will be taken care of, cleaners and maintenance will be scheduled, and you sit back and rest and relax while you while receive income, and R&R manages your property. (See what we did there?  😏)

Still Have Questions?

R&R is here to be a resource in any way we can. Feel free to call or email Ryan with any questions you may have. If you would like to start the process, or do a deep dive on your specific property, book a time on my schedule below.

FAQs

  • There are good tools out there to get an estimate of your potential short term rental income. AirDNA’s income estimator is one of the best. But, like any large investment your property is unique and an actual analysis from someone with experience is your best resource available. Set a meeting with me or fill out my property analysis form, and I would be happy to analyze your property and review it with you free of cost.

  • Knowing what is allowed in your area is half the battle in the short term rental space, especially here in Colorado. Each municipality has unique laws. These can (usually) be found on city websites under the zoning and planning codes and ordinances. If you want to save some time, we have compiled several cities requirements on the short term rental regulations page of the site for your convenience. 😎

  • Like the answer to so many other questions, it depends! The number of bedrooms and bathrooms, size of the home, how many guest you will allow, the quality of furniture and extra amenities you include all impact furnishing cost. Our furnishing calculator is a great place to start, and is a template to give you a near exact cost to furnishing your future short term rental.