Short-term rentals (STRs) on popular websites such as Airbnb and VRBO have exploded in growth in the last 10 years. Owning an STR, also known as a vacation rental, comes with financial rewards, but also many headaches and responsibilities. These can include coordinating cleaners, property maintenance, 24/7 guest and booking inquiries, and more.
It’s no wonder property managers are highly sought-after to handle the stressful day-to-day operations of STR’s. The drawback of property managers, however, is that they charge anywhere from 15% to 50% of the booking revenue.
Entrepreneur Armando Ramirez is on a mission to change this. Armando is the founder and CEO of HostHelper. As a vacation rental homeowner himself, he saw firsthand the downsides of using a property manager, including:
Armando designed HostHelper to solve all of these issues he personally encountered. The primary difference between property managers and HostHelper is that HostHelper is a virtual co-host. This allows much greater control and flexibility for the property owner, including:
Armando states that “co-hosts are the future of STR management due to the flexibility and cost savings incurred. As a virtual co-host we can perform all of our management duties seamlessly and effectively while saving the owner tens of thousands of dollars every year.”
Even property owners who self-manage benefit by using HostHelper. The average STR owner spends 8,4 hours managing their property every week. That’s 33.6 hours per month, which is the equivalent of paying yourself $2.95/hr for the work you would be paying HostHelper to do.
HostHelper also offers their management services on other top booking platforms like VRBO and Booking.com, among others. They also utilize the same tools that property managers do, such as pricing algorithm software PriceLabs and property management software IGMS.
LINKS:
Visit the following website for more information: https://www.hosthelper.co/.
See exactly how much time and money you can save by using the HostHelper Savings Calculator at https://www.hosthelper.co/savings-calculator/.
Visit our free academy to learn how to run your vacation rental business at https://www.hosthelper.co/short-term-rental-academy/.
Media ContactCompany Name: HostHelper LLCContact Person: Armando Ramirez | Founder and CEO HostHelper LLCEmail: Send EmailPhone: 1-855-HOSTHELPERAddress:1406 W 14th St Unit 101 City: TempeState: AZ 85281Country: United StatesWebsite: https://www.hosthelper.co/