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Vacation Property Management

Who we help

We only work with properties that...

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Have $100k+ Potential.

We only take on properties that have the potential to do $100k or more in annual revenue. If your property is underperforming it's potential, let's talk!

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Are In Vacation Markets Only.

The property must be located in a vacation market with strong demand—Massanutten, Wintergreen, & Sandbridge to name a few.

Have Engaged Owners.

We partner with owners who are willing to do what it takes to get the best return on investment which might include renovations or furnishing upgrades.

Frequently Asked Questions

What do you mean by “full service” management?

It’s pretty much what it sounds like. We take care of everything as it relates to your property so you can have a truly passive investment vehicle. We manage your listing, marketing, pricing, bookings, guest communication, creating a digital guidebook for guests, cleaning, property maintenance, even reporting your occupancy tax withholding to the county. We only involve you when there’s an expense over $500, plus we do a monthly 1:1 property performance review call (if desired) to keep you in the loop on how everything is going.

How does your fee structure work?

We charge a competitive rate based on the revenue potential of the property. Most property owner’s find our rate to be comparable or even lower than most other property managers. And we don’t markup any third party services (cleaning, maintenance, etc) or supplies. If you ever decide you’d like to part ways, we simply ask for 90 days’ notice.

Some companies charge 30-35% for full service management. Why are you cheaper?

The truth is, it’s not any easier to manage a property that does $50k/yr than one that does $100k/yr. That means, for property management companies that charge 30-35%, it’s really the $100k/yr properties that are subsidizing the $50k/yr properties. We only take on properties that we believe can be strong revenue producers, which allows us to pass on the savings to you.

What do you mean by “I own my own listing” and why does that matter?

This means that, even though we will meticulously craft your listings on AirBNB, VRBO, and a direct booking website, they will all be in your name, and all the reviews that we generate will be on your behalf and will stay with you, even if we stop working together. “Old School” property managers put the listings in their name and on their account as a way of retaining their clients, who may be reluctant to leave since they’d have to start from scratch if they left. Our strategy is to retain clients by charging below-market fees while providing best-in-class results.

What’s your system for maintaining the condition of my property?

We have a network of tradespeople and contractors of all types in each area that we manage. When a guest, or our cleaners, notice anything wrong with the property, we address it immediately. Separately, we do all sorts of routine maintenance, including pool and hot tub maintenance, landscaping, snow removal, HVAC checks, pest control, and more.

How do I know if I’m a good fit for New School Hosting?

We look for two things: 1) a property that we believe has the potential to produce $100k/year or more in annual revenue, even if it is currently below that level (we improved a property from $80k/yr to $225k/yr, so we know a thing or two about improving revenue results). 2) mutual respect and trust with the owner. We will get to know each other a bit before ever signing an agreement, and you need to trust that we’ll do our job, just like we’ll need to trust that you’ll be a pleasure to work with 😉

What markets do you operate in?

We focus on Virginia vacation markets, but are potentially open to managing out-of-state for the right property. Specifically, we currently manage homes in Massanutten, Wintergreen, and Sandbridge. The next markets we are likely to enter are the Virginia lake markets (Smith Mountain Lake, Lake Anna, Lake Gaston), once we find the right properties and owners.

What if I also want personal use of my property from time to time?

Of course, and you should! Part of what makes this such a great asset class is the perk of personal use. We’ll just want to have a general understanding of how much personal use you intend. If we believe your property could barely do $100k in revenue with 365 days of availability, but then we learn that you intend to be there every other weekend, that probably wouldn’t be the right fit for us without charging a higher management fee.

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