How much will I make placing my home in the Altus Portfolio?
Although previous performance is no guarantee of future returns, properties under our management typically generate between two to three times the revenue generated in a long term lease scenario.
Do people ‘trash’ short term rental homes?
It’s true that some people don’t treat other’s property as well as they do their own. We can’t wave a magic wand to weed out all bad apples. There have been some that slipped through the cracks. The good news is we have the authority in our agreements to remove guests without notice if they abuse the house rules. After managing tens of thousands of guest-nights, our team here at Altus has optimized our guest and neighborhood management policies to ensure that we only welcome the best guests into your home. We do this through a process of thorough screening, noise monitoring threshold technology, and the establishment of a respectful relationship between us and the guests where we make expectations and house rules abundantly clear.
It’s impossible to guarantee protection against a bad tenant. The good news is with Altus, in the unlikely event that one slips through the cracks, they are removed in hours with no cost as opposed to the months-long legal battle it takes to event a bad long-term tenant.
What if my home is damaged? What if someone gets hurt?
We take your property and guest safety very seriously. Our insurance provides for multiple million dollars in liability and damage protection for your home. Accidents can happen, and in the rare event It happens in your home, you can rest assured that the Altus Team is working nonstop to get your home repaired and back on the market. While your home is being repaired, we will continue to send monthly payments to ensure that you’re not left high and dry.
Does my home have to be fancy? Does it need a pool? What if it’s a bit ‘dated’? Can we include it in your portfolio?
Our clients tend to prefer higher-end executive homes. However, that doesn’t mean we cannot help you. Often times our talented interior decorators can make your home shine amongst our listings with relatively small and inexpensive enhancements to your property. Contact us for a live walkthrough and our on-staff remodelers can give you a dependable idea as to what it would take to compete in today’s market.