Many dream of owning a 30A or Destin vacation rental home or condominium, but it’s important before you purchase Destin real estate to understand the revenue potential as well as the costs associated with owning a vacation home. Unexpected expenses such as the breakdown of an appliance or A/C system can be costly as well as interrupt rental revenue. Here’s a breakdown of the top 5 costs to consider when owning a beach vacation rental:
Mortgage Payments
Unless you are paying cash, your biggest expense is likely your monthly mortgage payment
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Published on Friday, November 10, 2023
The team at Newman-Dailey strives to be the best every day. We are honored to be voted the best Property Management Group on the Emerald Coast for 9 consecutive years by the readers of Emerald Coast Magazine.
The annual readers’ choice " Best of the Emerald Coast " awards are announced each year in the October issue of Emerald Coast Magazine. Each year, the team is humbled and honored to receive this vote of confidence and recognition among the community for our professional property management services.
Serving the Emerald Coast for more than
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Published on Friday, October 20, 2023
Have you ever dreamed of owning a Destin condo or vacation rental home at the beach? Second home ownership can be a great investment as well as a place to create family memories now and for generations to come. By placing your beach home or Destin condo on a rental program, you’ll enjoy supplemental income to help underwrite costs while having your own piece of paradise to enjoy time with family and friends at the beach.
Newman-Dailey real estate agents are experts at helping clients find the perfect property for their lifestyle and
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Published on Monday, October 2, 2023
Selecting a company to manage your vacation rental home or condominium can be a daunting task. What are the most imporant questions to ask before hiring a property management company for your South Walton or Destin vacation rental?
After more than 34 years in the vacation rental and property management business, Newman-Dailey Resort Properties has helped homeowners make smart choices when it comes to their vacation home investment. Here are the 5 most important questions to ask when selecting a property management company for your
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Published on Monday, September 9, 2019
The old adage “there is no substitute for experience” rings true in the vacation rental industry. While there are new vacation rental companies launching in Destin each year, the companies that have been in business for decades are the ones that have tried and true experience and have literally and figuratively weathered many storms. At Newman-Dailey Resort Properties, we are celebrating 34 years of warm welcomes in the real estate and vacation rental industry in Destin, Florida. Our team has had the opportunity to survive major catastrophes
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Published on Monday, June 10, 2019
The team at Newman-Dailey Resort Properties has been managing vacation rentals for more than 30 years. In this time, the leadership team has learned what qualities make a great property manager and what an owner should look for when hiring a property management company. We’ve read a lot of industry articles and blogs, but a blog we recently read by Logify.com really grabbed our attention and had us nodding “yes” as to what really makes a property manager successful. Here’s their list and we’ve highlighted how Newman
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Published on Monday, January 29, 2018