Josh | Breckenridge, CO
Retired entrepreneur and owner of Stoneleigh Lodge: a luxurious 4-bedroom vacation rental in the heart of Breckenridge
From Empty Promises to an Earnest Commitment
NOW EARNING 98% MORE IN PASSIVE INCOME
Problem
Meet Josh: Josh had found that his 4 bedroom vacation rental had lost its beauty and shine. He was utterly displeased at the lack of attention and care from his previous property management company and could never get straight answers as to how he could get his rental out of its poor condition.
Maintenance requests were ignored and long overdue.
Guest after guest, his vacation rental was constantly incurring damages. This inevitably resulted in lower ratings from guests, decreased property value, and lost revenue potential.
When he asked why mistakes kept on repeating, he was met with the same old excuses. Sold on lost hope, Josh felt defeated.
4 BR | 3.5 BA | 3,500 sq. ft.
Josh Goes Local
Once Josh came to terms with the fact that his rental situation wasn't going to get any better, he went on the search for a more responsible property management company. That's when he found us.
Josh came with an abundance of questions to make sure he was making the right decision to GoLocal. We were keen on making him feel like a respected partner in his short-term rental business, not just another number added to the revenue stream.
So he took a chance on LocalVR, the best property management company in Breckenridge. Even before onboarding was completed, Josh knew he made the right choice and never looked back!
Josh reported he loves how pleasant it is to work with the LocalVR team just by knowing that he would always get prompt and straightforward answers to his questions.
There were two things that made me switch to LocalVR:
1. In the discovery process, they answered my countless questions in a way that was extremely polite and helpful. And 2. LocalVR offered me a better rate than anyone else in the market. So it was the combination of both excellent customer service and a good deal that I just couldn’t pass up.
Solution
Our number one priority was to get Josh’s vacation rental back into tip-top shape and keep it that way for years to come.
Our team of maintenance experts immediately took note of all property improvement projects and went right to work.
Twelve months after Josh chose LocalVR, he has a stress-free vacation rental business that earns 98% more in overall revenue. Here’s how we did it:
Customizing a comprehensive property inspection checklist
Resolving long overdue maintenance issues
Thorough Guest Vetting
With Josh’s input and matching photo verification, we perform detailed site inspections every single time a guest checks out. This way, we catch any damages immediately, charge guests if necessary, and maintain the property in pristine condition.
We also implemented our diligent, 3-tier guest vetting process to make sure each guest arrives with respectful intentions to treat the home as if it were their own–a crucial step to prevent damages from happening in the first place.
On top of ground-ops, our revenue experts worked their magic to optimize the pricing strategy. And of course, his dedicated account manager was right there to keep Josh in the loop every step of the way!
Using our unique method of advanced technology, in-depth analysis, and state-of-the-art calendar management gave Josh an immediate return on his investment.
Results
From empty promises and repetitive headaches, to earnest commitment and transparency, Josh is incredibly grateful to never stress about poor property management again.
And in just 12 months after GoingLocal, he saw his rental revenue grow by 98%, making a whopping $165,760. As we restored the property to immaculate condition, he felt continually reassured that LocalVR gets the job done right and reliably communicates along the way.
Josh expressed that his experience with LocalVR completely exceeded his expectations. Every aspect of his rental was maximized after giving LocalVR the reins, with his occupancy increased by 56% and his guests now leaving 5-star ratings 100% of the time!
Josh now has more time to enjoy retirement, participating as an active board member of various companies and visiting his luxurious vacation rental in Breckenridge once a year as he pockets its passive stream of income. He loves the joyful feeling of seeing his property kept in pristine condition. Almost as if it was never rented out to guests!
