A collection of thoughts, views and opinions about managing a portfolio of short term rentals in Ellicottville, NY.
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The Cost of Self-Managing
Managing a short-term rental might seem simple on the surface—list your property, accept bookings, and collect revenue. But what many owners don’t realize is the hidden cost of doing it yourself. Time, effort, and unexpected expenses add up quickly. Before deciding to self-manage, it’s important to understand what goes into running a successful short-term rental.…
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How EVL Rentals Boosts Revenue and Reduces Risk
At EVL Property Rentals, we pride ourselves on delivering exceptional value to property owners by maximizing revenue and minimizing the risks associated with short-term rentals. Here’s how we achieve this balance: Maximizing Revenue: Smarter Pricing and Broader Exposure 1. Advanced Pricing StrategiesOur cutting-edge pricing software ensures that your property earns top dollar by dynamically adjusting…
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Addressing Short-Term Rental Challenges in the Village of Ellicottville
The recent hearing on the Village of Ellicottville’s short-term rental (STR) law revealed significant challenges in regulating and enforcing current rules. While there is widespread recognition that effective enforcement is critical, the village’s inability to address violations due to limited resources remains the core issue. The Enforcement Gap Currently, the village faces a significant discrepancy:…
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A Balanced Framework for STR Regulation in the Town of Ellicottville
Updated: November 23rd, 2024 7:20am Ellicottville’s short-term rental (STR) policies aim to balance tourism growth with community harmony. Success relies on shared responsibility between STR license holders and the town. Key components include: Cost of a License No License Caps Noise Ordinance Fees as a Deterrent Three-Strike System Licensing and Inspections License Holder Responsibilities Increased…
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Your Rental Is An Asset
One of the often-overlooked advantages of working with a professional short-term property management company like EVL Property Rentals is the ability to turn your property’s rental listing into a valuable, transferable asset. If you ever decide to sell your property, your established listing can become a significant selling point. The Challenge with Personal Listings Platforms…
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Simplifying Property Renovations
Renovating a property can feel overwhelming, especially when balancing design decisions, budgets, and timelines. At EVL Property Rentals, we’re here to make that process seamless. Whether you’re upgrading a vacation home or transforming an investment property, we take the stress out of renovations so you can focus on enjoying the results. Expert Guidance with Proven…
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