Following all of the laws and regulations
Airbnb licensing is the process of making your short-term rental legal. As more markets have moved forward with increasing regulations there are now often state and local licensing requirements to remain in compliance.
Your Airbnb license or permit allows you to operate within the legal requirements of the area.
Awning property management clients get complimentary assistance in collecting the right paperwork, applying for licenses, and renewing them on time. This helps ensure smooth operations and compliance with an ever evolving legal landscape.
Airbnb laundry service includes the maintenance and replacement of all linens in the Airbnb. Linens include sheets, pillow cases, blankets, pillows, towels, curtains and any additional linens in the home.
Awning property management clients get linen care included in the property management fee. This does not cover the replacement of worn out or damaged linens, that's charged automatically to the account. Awning prides itself on providing guests with the best towels, pillowcases, sheets, and other linens for every Airbnb under management.
Awning property management customers receive smart Airbnb pricing at no extra cost. The suggested prices undergo a human review before being posted to the property. Awning relies on a number of internal and external Airbnb pricing tools.
Vacation rental cleaning is a challenge because there is often only 1-2 hours between guests to get the home cleaned for any particular guests. Great Airbnb housekeepers are able to get the property ready in time for new guests to arrive every time.
Awning provides a virtual airbnb guest book for every property it manages. These guest books are unique to the individual locations and properties they are in and help guests enjoy the property.
Get in touch about full-service property management.
Awning is a real estate brokerage, short-term rental property management company, and design and furnishing provider. In all things, the team at Awning puts the investor first to foster a long-term portfolio-wide relationship.
It’s simple, at Awning we don’t compromise. That means our property management team is best in the industry and works hard to provide full-service property management, nationwide, at an industry leading low price.
There are no restrictions on how often you can use your home. You can manage your calendar to block off days, weeks, months, or entire seasons for personal use at any time.
Awning starts at 15% of revenue, based on your contract term and the annual revenue your property generates.
Full-service vacation rental management covers everything that a host would do. The only exceptions are mortgage payments and tax payments that are not collected by Airbnb, those must still be handled by the host.
Awning property management services includes:
Additional services guests can purchase include:
This is everything that a host needs to simply sit back and manage the finances of the investment and make critical decisions, everything else is handled for you by us.
Awning offers property management services nationwide in every market in the United States. Awning services remote areas of the country, difficult to reach retreats, condos, apartments, and units in all of the major cities.
Awning property management services includes:
Additional services guests can purchase include:
Awning manages all short-term rentals and vacation rental properties including Airbnb’s. Awning also manages properties listed on VRBO and on other platforms as well as properties that are listed independently.
Awning manages condos, single-family rental properties, multi-family properties and a mix of other property types that are being used as short-term rentals. There are rare exceptions and the best way to find out is to connect with a property manager.
Awning optimizes your listing to help it rank on Airbnb and other platforms. This includes optimizing the listing, photography conversions, and of course adjustments to pricing to maximize revenue.
Awning takes the best of Vacasa and Evolve and combines it. Full-service property management (like Vacasa) and 15% of revenue (like Evolve).
Vacasa offers full-service property management like Awning, which covers everything. However, Vacasa has high fees and charges additional fees for specific services. So full-service, but high cost.
Evolve offers half-service property management, which takes out many of the essential services like cleaning and maintenance. For the reduced services Evolve charges 15% of revenue.
Awning has local teams that are available to handle any emergencies at the property. Furthermore, Awning property management provides 24/7 phone support to guests to ensure that they have the best possible experience.
Awning avoids bad reviews by creating a great customer experience. This means:
Awning can connect hosts with multiple different insurance companies depending on the property, location, and other factors. In general, the Awning property management team can work with you to find the best insurance partner for you and your property and portfolio.
Absolutely! You are welcome to use the property whenever you like. Simply block off some time on the calendar so that guests won’t be able to book it. For more directions on how to use this feature speak directly to the Awning property management team.
Awning can have your property fully launched with a team in place in under 7 days.
There are no hidden or additional fees besides the property management charge. Awning doesn’t charge extra for specific services like linens or cleaning and it doesn’t assess additional fees on owners.
Awning has sourced and vetted local maintenance, handymen, and cleaners so that we are able to have boots on the ground in every market.
Awning uses a combination of automated dynamic pricing with human review. Dynamic pricing helps us identify opportunities and human review allows us to assess the suggestions and refine it to maximize revenue.
Awning follows the pet policy of the owner. It’s up to you, the owner, to decide if pets will be allowed in the property.
Awning is a legitimate national property manager for short-term rentals with 100’s of properties under management and an average rating of 4.9 stars from guests.
It’s simple, at Awning we don’t compromise. That means our property management team is best in the industry and works hard to provide full-service property management, nationwide, at an industry leading low price.
Awning manages condos, single-family rental properties, multi-family properties and a mix of other property types that are being used as short-term rentals. There are rare exceptions and the best way to find out is to connect with a property manager.
Awning property management services includes:
Additional services guests can purchase include:
Awning is in the busiest markets when measured by investor activity and offers the most immediate opportunities for high-quality, high-yielding, and quickly appreciating investment.
The role of an Awning agent is not to convince investors to buy in one market that the company operates in. The Awning team is here to enable investors to transact in the markets that they are most interested in. Awning is expanding into new markets. Connect with an Awning agent and let them know which markets are most enticing right now.
Awning agents don’t push a location on investors, they explore it together. Awning is a buy-side brokerage, so it is focused on the long-term success of investors that work with us.
A physical asset.
Real estate is a physical, tangible asset that is in scarce supply. The growth in house supply has decreased to record lows over the past 10 years, with no end in sight. Having physical assets in your portfolio is a hedge against economic uncertainty, as they typically (but not always) perform above market average in an economic recession.
Inflation-proof.
In periods of inflation, real estate has a tendency to hold up remarkably well opposed to fiat investments. Real estate prices rise, income generated from rents grows directly in line with CPI, and the debt used to secure the property depreciates in value. For example, a $10,000 mortgage payment during the first year of a mortgage will remain the same nominally but may well only be worth $8,000 in the tenth year, while the property may have appreciated in value 12%.
Major tax incentives.
Earning tax deductions through real estate investing is a powerful benefit that is rarely realized in other investment classes. Deductions include, but are not limited to:
To highlight a basic example, let's assume you purchase a rental property for $200,000 with a down payment of 20% ($40,000). The annual income of the property is $20,000 with $16,000 in expenses, which produces a net income of $3,000. The depreciation deduction allows you to deduct $7,272 ($200,000 / 27.5 years), leaving you with a net loss of $4,272. Because of this loss, you earn the entirety of the net income generated from the property without paying taxes on it.
Let's say you wish to then sell your property in 10 years for $250,000. Using a 1031 exchange, you can avoid having to recapture the depreciation amount and you can roll the $50,000 worth of capital gains into a new, higher-yield investment property without paying taxes on it.
All this together means that you have the possibility of paying little to no taxes, collected $30,000 in passive income, and rolled over the appreciation into a new investment class that yields a higher return.
You can borrow money to invest.
As opposed to other investments, you can borrow money to invest in real estate. Combined with the appreciation of real estate over time, this effectively allows you to leverage and monetize from low interest rates. This is not possible with fractional or market investing.
Great furnishing driving revenue and a great team will save you time on coordinating transport and setup. Professional furnishing also means that the furniture is selected for durability and design, which gives you a better return on investment.
The best way to determine how much money investors can invest is by receiving a letter of prequalification or speaking with a financial advisor to determine what is comfortable.
This is the most accurate estimate and beats some back of the napkin math, especially with quick online lenders.
Most customers can qualify for an investment of 5x the amount they saved for a down payment. So if you have $40,000 saved for a down payment, you’re likely to qualify for up to a $200,000 investment property. That being said, we advise you to speak with a lender or financial advisor to get an accurate understanding of what you’re able to invest.
Absolutely! You are welcome to use the property whenever you like. Simply block off some time on the calendar so that guests won’t be able to book it. For more directions on how to use this feature speak directly to the Awning property management team.
Yes, an Awning agent can work with each investor to coordinate any 3rd party services necessary to find, inspect, purchase, and manage an investment property.
The most common services that Awning helps coordinate include:
Awning also connects investors with attorneys, contractors, title companies, specialist repairmen, and anyone else that’s needed to complete the transaction and get the home leased.
There are options to finance the furniture available. For the most up to date information and an assessment of your current borrowing situation, speak to an Awning agent about financing your vacation rental furniture.
Let us take care of your Airbnb property. We'll handle everything for your guests, your property, and for you the host, including all those services other property managers charge extra for.
We’ll walk you through the services, analyze your property, and answer any questions you have about Awning.
