Perfect 5-Star Reviews
Internal Return Rates
Luxury is a feeling, not just a quality. Our management experience of over $44 million in assets ensures the property we develop fills quickly and stays in demand.
Luxury is a feeling, not just a quality. Our management experience of over $44 million in assets ensures the property we develop fills quickly and stays in demand.
Nothing can ruin success of a high-potential property like poor customer experiences. In contrast, nothing can buoy our returns like positive feedback. Our 5-Star Quality Assurance anticipates and responds to guest needs pre-trip, during their stay, and after they have returned home satisfied.
Challenge: Struggling to Rent a 3-Bedroom Home
In early 2019, a local real estate investor struggled to rent out his 3-bedroom carriage home. He had previous experience with listing properties through Zeus, but a bad management experience left him wanting. Yet, every day the property sat empty, he was losing money.
Most home owners and property developers struggle to maintain occupancy and generate revenue both quickly and consistently.
After a short discussion with the owner, the Dewl team reviewed the property with a simple question: where can we infuse this property with love? We presented our plan and a quote for a master lease, signed it on March 1, and the rest is history.
15 days and $15,000 later, the property was refurnished, redecorated, and totally reimagined. More importantly, it was ready to rent out. In the final two weeks of March, the property rented and generated 90% of our ideal monthly lease rate. In the second month, we garnered over 200% of the monthly lease.
The property began to see return on investment (ROI) within six months, with an internal rate of return (IRR) of a staggering 194%.
And we were just getting started.