Using a realty management company for your vacation property

[Michael Lang]

The area that I am interested in vacation rentals is not near my home so it's not realistic for me right now to think I would be able to run a rental myself and with my day job, dealing with any issues with the property/s would be a little difficult. 

My questions are: how do realty management companies work? How do they bill for their services? Do they do everything to finding vacationers to housekeeping to property maintenance/repair? Are you able to pick and choose what services you want them to handle and what services you will be responsible for or is it an "all or nothing" type of contract?

Thanks in advance for any and all input that you can provide.

[Patrick Liska]

Yes and no, you will be signing a yearly contract with the PM and all those things need to be determined for the length of the agreement, which would include stuff like a cleaning agreement, all that would be taken care of by them, your not dealing per tenant but yearly with the company.