The concept of owning vacation properties and utilizing them to generate income has been in existence throughout resort communities for generations. However, the popularity of owning vacation investment properties has increased tremendously with the onset of the “vacation rental by owner” internet platforms. We recognize that there is a dire need for a company that can remain in stride in an ever-changing industry.
Lavish Retreats came to fruition after the founders first experienced the vacation property management industry as a customer. The companies utilized to manage one of our owner’s vacation properties exhibited obvious deficiencies in housekeeping management, prompt accounting, maintenance management, price setting and booking management. Our team has also experienced the industry as tenants of vacation properties. Throughout these occurrences we have endured shortfalls in tenant communications.
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
The founders of Lavish Retreats have many years of combined experience in the long-term investment property management space. The company has developed strong relationships with property owners, good repour with tenants and has developed a streamlined method of vendor coordination. This experience has allowed our team to implement a strategic approach to vacation property management.