A quick look at some of the prominent real estate investment trends will show you that vacation rentals are on the rise. Investors see this as a stellar way of getting on the property ladder and earning a large chunk of disposable income. Vacation rentals are similar to buy-to-let properties in that you purchase the property and rent it out to other people – the core difference being the target demographic. Rather than looking for permanent tenants, it’s all about targeting the vacation market and receiving bookings from travelers and holidaygoers.
This opens the door to a whole new way of making money and maximizing investment profits, which brings us nicely onto today’s review. We’ve spent a lot of time testing and reviewing different vacation rental management services to see who comes out on top. It led us to a company called Bearadise – and we just had to take a closer look.
As it turns out, this company does a lot for vacation rental owners, so let’s pull back the curtain and explain all in this all-encompassing Bearadise review.
About Bearadise – What Can They Do For You?
At its core, Bearadise is a property management partner that focuses on vacation rentals in the stunning mountain town of Big Bear, California. As one of the most popular vacation destinations in the entirety of North America, this represents a hugely profitable region for vacation rentals.
Essentially, if you own a property in this town or area, Bearadise will manage it for you and help you accept vacation rentals. It covers everything from promoting your listing to cleaning and maintaining your property so it looks fabulous for every guest. You basically take a back seat and watch the rental income come in while the team takes care of the rest.
The Bearadise Specialty – Maximizing Big Bear Listings
The more we read about Bearadise, and the more we analyzed its services, the more we realized this isn’t your average property management company. We’ve tested a host of property management services in the past, and they all offer similar services:
- Managing bookings
- Cleaning properties
- Providing amenities for guests
- Helping with the check-in/checkout processes
Bearadise does all of this, which isn’t surprising – but what is surprising is that it goes beyond and offers what’s known as vacation rental optimization. In simpler terms, this company will work its magic to ensure you make as much money from your rental as possible. It’s genuinely what the company is all about – and we’ve seen legitimate reports from Bearadise that showcase property owners receiving double or triple the revenue on the same vacation rental when switching to Bearadise from a regular management service.
How Does It Work?
So, how does Bearadise manage to make so much more money from vacation rentals than the average property manager in the area? It almost sounds too good to be true, but when you look at the company’s philosophy, it starts making sense.
Primarily, you can boil it down to a handful of key elements:
- Focusing on getting more bookings (especially during slow seasons)
- Optimizing booking prices during peak seasons
- Improving listing visibility
- Delivering a great guest experience
What Bearadise does better than anyone else is that it gets more bookings for clients throughout the year. As shown in the screenshot above, you’re looking at an over 80% occupancy rate throughout the year – and that includes the slowest seasons. This is all thanks to a clever marketing strategy that uses data analytics to improve listing visibility for Bearadise clients. In other words your property will be more visible to people searching for Big Bear vacation rentals. Yours is one of the first properties people see during their search, heightening the chance of receiving booking requests.
Moreover, because of the increased visibility, demand for your vacation rental goes through the roof during peak seasons. As a consequence, Bearadise can increase your booking prices and help you gain more bookings for a higher price than elsewhere. It’s all about listing visibility, which most property management companies don’t focus on as much.
The final piece of the puzzle involves creating the ultimate guest experience. This is where all the usual property management services come into play. Bearadise has a fantastic team and works with different vendors to ensure your vacation rental remains in the best condition. It helps you create a place people want to visit over and over. More importantly, it creates a place people are happy to review.
Loads of positive reviews position your rental as one of the best in Big Bear – which, as you can guess, drives the demand up even more.
What’s The Catch?
As incredible as Bearadise’s service is – and the results speak for themselves – all good things come with a slight catch. There’s nothing untoward here, but bear in mind (pardon the pun) that Bearadise’s type of management and optimization is very resource-heavy. It says so on the website, which leads us to believe you’re paying a reasonably high fee for a service like this.
When you compare the cost of this service with other vacation rental property management companies in the area, it’s one of the premium options for sure. You need to have enough working capital to afford the fees before you see the profits.
That’s the key thing to remember when you look at the pricing: it’s designed for ROI. You will get an incredibly impressive return on your investment by partnering with Bearadise; it’s just going to set you back initially.
Closing Thoughts – Is Bearadise Right For You?
We’ve seen enough information to tell us that Bearadise is a top vacation rental management and optimization company in Big Bear, California. You can’t deny that it’s created a winning formula with a focus on generating lots of bookings and building great reviews to maximize your profits. It’s almost unheard of for a property owner to hand a vacation rental over to these guys and not make money.
With that in mind, Bearadise is definitely right for you if you’ve got a property in Big Bear or are interested in investing. Look through the costs and fees beforehand to ensure you can afford them – if so, then you’re on your way to making serious profits.
