|Cash Required:||$50,000 - $50,000|
|Net Worth Required:||$200,000|
|Year Founded:||2004||Home Office:||Colorado|
Software & Services to Make Managing Properties a Breeze
Who says you can't live in a beach or ski resort AND make a great living? You can... by managing vacation rental properties for the property owners.
The secret of success is making your vocation your vacation. - Mark Twain
Most properties (homes, condos, townhomes, villas) in resort areas like beaches and ski resorts are 2nd homes owned by over 6.4 million individuals. The majority of these people only use their property for personal use for under 30 days a year. For the remaining 335 days, most owners then rent their properties short-term (by the night or week) in order to produce income, often to cover the expensive mortgage they took out to buy their luxurious resort property.
SkyRun started as a 100 property operation in Keystone Resort, Colorado in 2002 and has a proven, 10 year track record of success in marketing, internet and back-office systems. We're now over 600 properties in 9 locations and would like to add your favorite vacation spot.
We are currently seeking highly qualified individuals to start SkyRun franchises. Any luxury vacation destination where there are vacation homes to rent is a possibility.
The highlights of SkyRun Vacation Rentals Franchise program are:
By providing services to these home owners (and to their guests) including renting their property and ensuring that it is well maintained and secure, property managers help owners earn more income. To perform this role, a vacation rental property manager typically gets between 30-45% of the rental income. Vacation rental property managers typically do not OWN the properties they rent; they simply rent and care for other people's property. In short, they generate income off of the investments of others, instead of having to risk investing in their own rental properties. And if you are already an owner, wouldn't it be nice to earn income off a property where someone else is responsible for the mortgage?
Vacation rentals (short-term lodging in privately owned residences at vacation destinations) is one of the fastest growing segments of the $700 billion travel industry, generating $18 billion/year. Americans planned 328 million leisure trips this summer (up significantly from last summer) and a survey by Zonder shows that rentals are increasing, even as the economy slows. This is due to the comparatively lower cost of vacation rental holidays and the higher-income demographic of the beach or ski vacation guest!
The demographic of the 2nd homeowner is an attractive one to have as a customer base. These are people (maybe you) with the means to own a 2nd home; they value a high level of service and dependability and are willing to pay handsomely for it. However there are very few companies that property owners can confidently turn to to manage their vacation rental properties on their behalf.