Rental property management allows a property owner the benefits of retaining the equity of the property while avoiding the time-consuming and often laborious duties involved with keeping an investment property performing well. Hiring a manager for the rental property means being guaranteed the daily tasks of maintaining the property are in the hands of a professional. For example, a professional property manager will handle communicating and interacting with current and prospective tenants and contractors hired for maintenance. In addition, a rental property manager will also handle the financial responsibilities of the property including collecting rent and fees, accounting, budgeting and invoices; he or she will also keep records of all administrative and financial information. Moreover, marketing, showing vacant spaces, and leasing all fall under a managers responsibilities as well as maintaining the buildings operations. In short, rental property management is an easy solution for property owners who do not have the time or experience to successfully run an investment property, be it a single family home or a multi-unit apartment complex.

Yes. We are a registered business within the Bahamas to operate as a property management company.

There are three main benefits you get from real estate as an investment: INCOME - when one thinks of rental property, he thinks of cash flow which is the difference between the rent and all the expenses for the property. TAX SAVINGS - Most of the expenses for the property are tax deductible. You can deduct the mortgage interest, property taxes, insurance, maintenance and the management fees are all tax deductible. You even get to start depreciating the property, which is another write-off. We recommend speaking with your accountant to see what your tax implications will be. APPRECIATION - One of the best benefits of real estate is appreciation. Real estate is a long term investment. Although there will be ups and downs in the market, over time your property will appreciate in value. It's no wonder why the wealthy have real estate as investments. It truly is the key to riches.

Wanderlust can keep an eye on your rental property to make sure that the tenants/guests are taking good care of it. Local property managers tend to find problems sooner and correct them more efficiently. In addition, we have contractors we work with and trust for various repair jobs, which can save rental property owners money and time.

The first step is our initial evaluation of your property. One of our managers will come out and go through the house and assess the condition and give recommendations and suggestions to maximize the rental value and minimize risk. They also do a benefit analysis and plot different rent scenarios against your expenses, so you can see what the cash flow would look like. Prior to the tenant checking in we conduct a move-in evaluation. We do it again when they check out. If there is maintenance needed, our techs will fill out a property form which gives us more eyes looking at your property. Houses do wear out - everything from roofs to floor covering to appliances, therefore, the managers do quarterly evaluations noting how things are holding up.

No. We work for you and our written property management agreement sets the parameters.

Yes. Our managers will take all calls. We will talk with the tenant to determine how best to proceed.

Yes. We will gladly contact the company you specify as long as they are licensed and comply with our policies.

Yes, if you select our Comprehensive property management package, we will gladly pay your utility bills or have them serviced through Wanderlust Property Management account. With this package, we can also pay your HOA dues, insurance, property tax, and mortgage. There must of course be sufficient cash flow from the property to cover such expenses, and we may require you to set up a reserve fund for this purpose.