Looking for a Realtor who owns and manages properties in the vacation and long term rental space? One who knows how to find investment properties that will really perform? This requires understanding opportunity areas, property amenities and then how to transform, market, seasonally price and operate a long term rental or vacation home to reach its maximum booking potential and owner profit.
Based on the Homeaway/VRBO performance metrics, Terence has achieved the top 1% property ranking for this Scottsdale vacation property and has earned over 40 five-star reviews, and only 5-star reviews, from both VRBO & Airbnb guests in just 24 months. See this vacation rental here: https://www.vrbo.com/1159927
Terence renovated and furnished this property to perform as a destination home for both domestic and global travelers coming to Scottsdale. In addition to choosing the right property, success in the vacation rental business also requires understanding liability protection, timely and excellent communication and five-star guest treatment from time of booking to check-out.
If you are looking to purchase a property with flipping potential or to covert and operate to a long-term or short-term vacation rental, Terence has a proven track record in all of these areas. He has managed renovations, owns both long and short-term rental properties and has countless hours of research in the vacation rental space in the Phoenix/Scottsdale market.
Fix & Flip Kitchen & Bathroom Renovation
After this renovation was completed there was a $60,000 increase in market value to this property. The total budget and cost to renovate was $20,000. It included removal of popcorn ceilings, all new interior paint, new kitchen cabinets, granite, sinks, fixtures and appliances. The bathroom included new cabinets, granite, walk in shower tile, glass and fixtures. Property was purchased for $77,000 and sold for $137,000.