CONTRIBUTED CONTENT — Southern Utah’s vacation rental business is booming! And with Red Rock Fractional, the Red Rock Real Estate team is providing a unique opportunity to allow clients to achieve the dream of vacation home ownership. Experience incredible getaways where you’ll make memories and spend quality time with your loved ones, all while enjoying hassle-free ownership of an appreciating asset.
Simply put, Red Rock Fractional helps multiple people share affordable, stress-free ownership of a luxury vacation rental and split all the costs evenly. Up to eight owners are able to hold title in the property under a managed LLC; one person can purchase up to four shares and own 50% of the home.
With fractional ownership, you can enjoy your vacation home for six weeks every year. Red Rock Vacation Rentals will then rent out any unused dates to nightly guests so that owners can still earn income while they’re away.
“We’ll help you earn income while you’re away and ensure that you can make the best use of your vacation property,” Red Rock Companies founder Matt Curtis said. “It’s that easy.”
Similar to a traditional vacation rental, the ability to generate income during unused dates, along with tax advantages, long-term asset appreciation and not having to handle any of the headaches of managing a second home, make it a perfect fit for many of today’s buyers.
The ownership process starts with the professional purchase of the property. Red Rock Fractional’s expert real estate agents focus specifically on the Southern Utah market and have worked locally in the industry for over 10 years. They’ll help you find your dream vacation home and guide you through the purchase.
Next, Red Rock Fractional will hire professional interior designers to furnish and decorate the home so it’s completely turn-key ready for you to reserve your next getaway.
From there, Red Rock Vacation Rentals will professionally manage the property for a monthly fee. Their local team of more than 30 property managers is highly trained in maintenance, cleaning, marketing and revenue management.
Every home is overseen by an owner-services manager who will handle all tasks related to the property. This includes utilities, HOA fees, homeowner’s insurance and capital expenditures for improvements over the life of the property. This service is unique to fractional ownership, Curtis said.
Red Rock Fractional is currently offering properties in two vacation rental developments, Paseos at Sienna Hills in Washington City and Ocotillo Springs in Santa Clara, with more communities on the way.
“We’re excited to roll out our new program,” Curtis said. “We’ve been doing this long enough to know what guests are looking for in a nightly rental, we know what owners want, and we have all the industry knowledge to make this a great opportunity for both.”
Red Rock Vacation Rentals has been Southern Utah’s leader in nightly rental management for the last 10 years. As the largest vacation rental host in St. George, they know the ins and outs of the industry and have a market of more than 40,000 past guests.
If you’re interested in owning a vacation rental with Red Rock Fractional, contact Curtis at 435-216-2339 or [email protected] to get started today.
Written by ALEXA MORGAN for St. George News.
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Resources
- Red Rock Real Estate | Address: 90 E. 100 South, St. George | Telephone: 435-275-2775 | Website.
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