Mackenzie | Breckenridge, CO
busy professional, mother of 2 children and owner of a 9-bedroom luxury rental
From Time-Stressed Owner to Hands-Off Superhost
NOW EARNING 53% MORE IN PASSIVE INCOME
Problem
Meet Mackenzie: a busy professional, mother of 2 children, and owner of Highlands Ridge Retreat, a 9-bedroom luxury vacation rental with epic views of the snowy Colorado mountaintops.
From an outside perspective, Mackenzie was a successful Superhost. But a peek behind the scenes revealed a much different reality…
Dealing with flaky cleaning crews, delayed maintenance issues, and the constant demands of needy guests, Mackenzie found herself in a juggling act that was much more than she bargained for.
Not only that, but in the back of her head she knew these time-consuming duties weren’t leaving her time to study the market or set optimal rates–leaving a lot of money on the table.
Makenzie was stressed out at the overwhelming amount of time it took to self-manage her vacation rental from hundreds of miles away–time that she would rather be enjoying with family.
9 BR | 8.5 BA | 7,700 sq. ft.
Mackenzie Goes Local
Fed up with the stress of self-managing her vacation rental, Mackenzie went on the search for the best property management company in Breckenridge.
As a self-host, her biggest concern was making sure that she found someone to care for her property as if it were their own. She was also a bit skeptical of property management fees, unsure if she was willing to share part of her revenue.
As soon as we met Mackenzie, we knew we could not only take a huge load of stress off her plate, but increase her overall short-term rental revenue.
After learning about LocalVR’s custom projections, local property management expertise and advanced tech, Mackenzie went local, feeling confident to hand off the day-to-day operations.
For me, the selling point of LocalVR was their competency in managing properties as well as their proximity to the property.
Solution
LocalVR immediately took over to create the stress-free vacation rental she was dreaming of. Our operations included:
Resolving long-overdue maintenance issues
Customizing a comprehensive property inspection checklist
Strategically preserving her Superhost status
By implementing our team’s expertise in ground operations and cleaning/maintenance, Mackenzie was able to maintain her Superhost status while keeping her stunning 7,700 square ft property in pristine condition.
Additionally, we uncovered a huge revenue opportunity while onboarding Mackenzie’s property. Our revenue experts used our proprietary technology stack to perform an in-depth performance analysis and made adjustments to optimize pricing.
Our solutions immediately increased her gross rental revenue by a significant amount.
Results
Mackenzie felt that going LocalVR was the best decision she could’ve made!
Within the first year, Mackenzie's vacation rental made an astounding $270,938 in gross revenue. That’s a 53% increase from the year before managing the property on her own.
Even after taking into account our property management fee, Mackenzie still made $26,252 more than the previous year – all while taking a backseat and letting the best property management company in Breckenridge take care of everything.
Another big reassurance for Mackenzie was that we were able to maintain the high quality and personal guest experience she provided while self-hosting. We received 95% 5-star reviews, even while increasing her occupancy by 39%!
Mackenzie now enjoys more quality time with her family, along with a stress-free, passive income stream from her vacation rental that she visits a few times a year.
She not only regained peace of mind in knowing a team of local experts are caring for her vacation rental as if it were their own,
Mackenzie got her life back.
