Up until recently, when you purchased a residential property, the only real option for an investor was a long term tenant. We will be the first to admit we were sceptical about this option and the long term potential - we have been proved wrong and this changed our personal investments and the income coming in.
One of the most important issues for us as managers is transparency to our clients. We set up a host profile for your property, and then send a co-host invite to you as the owner. This way owners get to see every booking, how much it is for, the messages between Property Ladder and the guest – owners of properties always have full access to the calendar to enjoy the full transparency that is unique to Property Ladder Realty!
One of the big issues we hear from investors is all the add on fees they are charged with short term management - even after the management fee is paid. We decided to make things much simpler and easier to budget for our clients.
The guest will pay for a nightly fee, plus a cleaning fee. The cleaning fee is paid to Property Ladder Realty and we in turn provide the cleaners to service the property. Within this cleaning fee we cover the cost for all the linen to be washed, including Alsco Laundry for the sheets. We also provide consumables such as; toilet paper, shampoo, conditioner, milk, Tim Tams etc. Compared to some other hosts we provide a lot of nice things like paper towels, oil spray even glad wrap and aluminium foil. Again this is all covered within the cleaning fee that the guest actually pays for.
