Challenge: Achieve a great ROI for busy real estate investors Julie and Tom - without wasting one minute of their time.
When Julie and Tom Zintsmaster decided to diversify their investment portfolio to include vacation rentals, the dynamic real estate investors knew they wouldn’t have the time to manage the property on their own.
“As the owners of a successful real estate business here in Colorado, I knew we had certain strengths in the traditional rental market,” says Julie. “But we didn’t have the time in the day to field emails from prospective travelers about our vacation rental properties.”
Having tested Evolve’s capabilities on their first purchase - a property in Breckenridge - the Zintsmasters never considered any other service when they expanded their rental portfolio to include the competitive area of Panama City Beach, Florida. But could Evolve be equally effective in both areas?
Julie and Tom were already impressed with Evolve’s straightforward approach to vacation rental: a 10% flat fee, unlimited support from customer service specialists communicating with prospective travelers, and no long-term contracts. “We liked that with no long-term contract, Evolve would have to prove themselves. And they really did.”
In Panama City Beach, Evolve was also able to source local service partners whose work would support and protect the Zintsmasters’ new investment. “That vendor access was important to us,” says Julie. “We didn’t have the connections in Panama City Beach.”
Other perks? Julie likes being able to run reports that help her see the return on their investment. “All these little things, we love the ease of working with Evolve.”
The Zintsmasters launched their new Panama City Beach property in June, and with Evolve’s management support, they’ve been watching their investment pay off ever since. They’ve made over $30,000 in the last six months, and their property has been booked 21 times!
“We were successful from the get-go,” Julie says. “We love the exposure our property gets on VRBO and Airbnb and additional platforms. We didn’t even think twice about using Evolve again when we purchased this second property in Panama City Beach.”
With numbers like that, we’re betting the Zintsmasters won’t hesitate to keep expanding their vacation rental invesments in the future - with Evolve’s help, of course!