As far as TurnKey Rentals goes, they are one of the largest full-service property management companies in the U.S. It is also one of the fastest growing start-up companies in Austin, Texas and has raised more than $20 million in funding. Original investors include the likes of Expedia, Zillow, Hotwire, Glassdoor, and Homeaway. TurnKey was founded to make the problems and pain points of renting vacation homes go away. Most importantly, they make sure there are no surprises for guests and owners. Aaron had stayed at a property a few weeks before in Palm Springs and had a good experience partly because of the technology and his company.
Bruce and TJ discuss the increase in vacation rentals, regulations being put in place by certain cities on these rentals, the types of properties people prefer to rent, technology's role in rentals, the biggest markets for vacation rentals, and much more on this week's Norris Group real estate radio show and podcast.