Im thinking of buying a vacation house and will need to rent it out. How does the Railey Mountain Lake Vacations rental program work ?
Basically, if a property is rented through Railey Mountain Lake Vacations, the homeowner is paid a gross rental rate. Railey Mountain Lake Vacations, in turn, will deduct a management fee from this rate for each reservation and subsequent renter stay in that property. The management fee is typically 20% of the gross rental rate, with incentive rebates for certain income levels attained. For that management fee, Railey Mountain Lake Vacations will act on behalf of a homeowner and perform all of the necessary functions to successfully rent the property and take care of it’s renters through the entire process – from the time they make a reservation on the house until the time they check out – and everything in between.
