PMI Austin Metro Blog

Important Things to Consider Before Starting a Short Term Rental

Do you dream of generating passive income through a vacation rental home in Austin? You're in good company.Research shows the number of short-term rentals was projected to reach more than 1.3 million in 2023. This is higher than the 1.1 million recorded in 2019.Earning income...

What Are the Duties of a Community Association Manager?

An HOA relies on its Board to create and implement policies that benefit everyone. Who can the Board rely on when they have questions or need guidance?A community association manager (CAM) makes life easier for HOA Board members and residents. The community association manager ha...

How To Avoid Lulls At Your Hudson Bend Vacation Rental

The art of vacationing is different for everyone. Some people want to optimize their time-off and fill up their vacation schedule full of activities. Others prefer a much quieter vacation that offers ample time for rest and relaxation. A step away from the hustle and bustle of bu...

Increasing Austin Vacation Rental Property Profits During COVID

Increasing Vacation Rental Property Profits During COVID When the world shut down because of COVID, many people feared it was the end of the tourism industry. However, this has proven to be the exact opposite of the truth. Some major changes have taken place in how people approa...

Keeping Vacation Rentals Clean And Up To COVID Standards

Keeping Vacation Rentals Clean And Up To COVID Standards The old standard of clean is obsolete. With COVID at the forefront of everyone’s mind, it’s time to step up your methods for keeping your vacation rentals clean. When establishing your cleaning routine for your vacation...

Lake Travis Vacation Rental Maintenance For Summer

As nationwide travel restrictions begin to relax, families that have been stuck inside are once again taking to the open-road and traveling across the country for annual summer vacations. Lake Travis is a popular vacation destination in Austin, Texas. Only a 30 minute drive from ...

Managing Your Vacation Rental Safely From Another City

Managing Your Vacation Rental Safely From Another City Managing your vacation rental when you live in the same city takes time and effort. Vacation property management becomes more complicated when you live several hours away. You can’t simply pop on over when there’s an...

Most Important Vacation Trends Going Into 2021

Most Important Vacation Trends Going Into 2021 Despite 2020 being a year like no other, people haven’t given up on their desires to travel and go on vacations. However, how they go about it and their priorities do look different now. As lockdowns open back up and people begin t...

Profitability of Short-Term Rentals

Ever wonder how much money you can make with Short-Term Rentals? You can make WAY MORE MONEY with Short-Term Rentals than your traditional residential lease. We’ve seen capitalization rates as high as 20 percent, which is UNHEARD of in most investment real estate transactions. ...

Vacation Rentals Vs. Residential Leases

Vacation rentals are projected to bounce back much faster than hotels. Right now, is a great time to be considering this as an investment. It’s all about the property’s cash flow, which is much higher than typical residential leasing. You’d be lucky to generate $100-$200 a ...