For starters, we'll get your property the exposure it deserves. Then we'll personally respond to each and every rental inquiry, secure your rental contracts, manage your availability calendar, and process the payments. At the end of the month you'll receive one balance sheet and one lump sum.
In Nova Scotia, vacation rental properties have become an increasingly popular form of tourist accommodation in recent years. It makes sense that many travelers would rather stay in a "home" than in a hotel, because they can get a much truer sense of what it might actually be like to live in our beautiful part of the world. Moreover, renting a house or cottage can be a much more cost effective option than a hotel, especially when you consider that there are often no applicable sales taxes.
And if you're thinking of purchasing a recreational property or you're simply trying to weigh the advantages and disadvantages, we have an expert on hand for that too. Tim Hoare of Red Door Realty Inc. has an intimate knowledge of the tourist rental industry, as well as years of experience in helping people to buy and sell waterfront properties. Tim can be reached at tim@reddoorrealty.ca, or by calling (902) 222-1508. We can help you come up with a reasonable expectation for rental income potential.