Vacation rentals are on the rise and this segment is one of the hottest sectors in the hospitality industry. If you’re living in a highly-trafficked tourist destination, you could easily manage homes from property owners who don’t want the hassle of listing, stocking, cleaning and dealing with incoming guests.
Considering that you have many options of where to advertise those homes, you could choose Airbnb, HomeAway or any other rental-listing platform to help drive traffic and interest into the homes. The better you perform, the more homes you can secure into your portfolio and generally expect to make anywhere between 20 percent and 40 percent of the gross rental rate if you’re exclusively managing those properties.
