Lux Villa VR is a new business, launched in 2017. We started out by purchasing a large 4 bed/3 bath Vacation Home Rental (Hazel property listed on website) in 2016. In the first year, it produced amazing rental revenues and very positive cash flow. To date, we have over 50 – 5 star reviews in the various listing sites and have established Superhost status on Airbnb.
In 2017, we purchased a second nearly identical property (Edgewood property listed on website). It’s on track to do slightly better than Hazel.
In 2017, we decided to take our experience in VHR Property Management and provide property management services to other VHR owners. We are accepting only a minimal amount of clients 1st year so that we can give an unmatched level of personal attention to all our owners’ VHRs. Our goal is to focus on higher quality VHRs. Our short term goal is not to list as many homes as possible, focusing on high volume. Our short term goal is to work with only a select few VHR owners that want to maximize their revenue while ensuring a very high quality guest experience. We will only increase our clientele as long as we can continue to provide a 5 star guest and owner experience continuously. We will cancel contracts with owners if the home does not meet our very high standards.