Luxury corporate housing management services by Luwra 2023? Luwra Properties is a top full-service Corporate Housing company. Homeowners that we partner with typically see 2 to 3 times in revenue income vs a traditional rental. You might be thinking how that’s possible? It’s possible through our quality marketing efforts to our professional network. We are able to command high price points and attract business professionals to your home. We also carry up to $2,000,000 in property damage and liability insurance for each property that we manage. Find more information at https://luwra.com/about-us/.
Their main roles are to manage routine tasks delegated to them by the owners and to preserve the value of the properties they manage while generating income. Property management is the oversight of real estate by a third party. Property managers can manage various types of property: residential, commercial, industrial, and property for special purposes. Property managers are generally responsible for the day-to-day operations of the real estate, from screening tenants to arranging for repairs and maintenance. Owners pay property managers a fee or a percentage of the rent generated by the property. Every state has its own laws regulating the activities of property managers.
It is fair to say the argument stems from the cost one must absorb to work with a property manager, but I digress. The cost isn’t so much a negative, but rather an investment. While it does cost money to hire a third-party manager, I can assure you it’s well worth the price. What’s more, their involvement could very easily increase the chances of growing your bottom line. If that’s not enough, here are some of the important tasks a good property management company will contribute to your rental portfolio.
Multi-Channel Marketing: We create stand-out listings for your property portfolio across AirBnB & 20+ platforms, with expert copywriting, professional photography and smart automations. Dedicated Advisor: Your dedicated advisor assists you every step of the way with expert advice, local knowledge and in-depth insights about the performance of your portfolio. They will be your single point of contact. Daily Pricing Review: our pricing algorithms are tailored to your property. They dynamically adjust prices on a daily basis to deliver the best possible RevPAR per unit and overall NOI.
Regular Property Maintenance: Dealing with tenant maintenance calls is perhaps the biggest driver for real estate investors to enlist the help of a property manager. It isn’t just about the maintenance, however. Dealing with the tenants can often be the biggest challenge. Sometimes their needs aren’t big or expensive, but the timing and urgency are. It may be blocked and back-flowing pipes on the weekend or locked out in the middle of the night. Many of these calls can irritate a landlord, but if they are always treated that way, bigger issues with renters and rental property performance are sure to arise. Rapid and responsive customer service is needed to optimize income properties.
Revenue: We target homes that will generate at least $100K+ in Revenue. Filter: We accept just 1 in 100 homes. We don’t want the most homes, just the best. Visit: A home visit is conducted wherein design and hospitality recommendations are made. Test: We test meticulously- from the shower pressure to wifi speeds. Launch: We market your home on multiple Vacation Rental Websites. Support: 24/7 White-Glove support for you and your guests. Striving Towards The Perfect Stay: Luwra Homes is committed to continual improvement. We listen carefully to both our landlords as well as our guests.
Regular Home Audits: ?We provide regular audits of the state of your unit, including any required maintenance. We also provide Property Maintenance & Repairs; Insurance Solutions; Property Kept in “For-Sale” Condition.
As a full-service vacation rental company, our mission is to allow owners and guests to “rent without reservation.” By providing first-class marketing, booking, rental management and concierge services, we are involved at every step of the vacation rental process, ensuring a streamlined and hassle-free experience for the owner and guest each and every time. From secluded estates to mountainside chalets, each home in our portfolio is verified to suit the expectations of even the most discerning travelers. 24/7 Concierge: Select from a menu of add-ons like fully stocked pantries and car rentals for additional convenience right at home. Discover more details on Meir Waknine.