In this 11th episode of Red Shoes Talks, the vacation rental and short-term rental podcast, Simon Lehmann is joined by Mickey Kropf, Founder and CEO of Vector Travel, the short-term rental management company for the multifamily industry.
In this episode they talk about the future of multifamily rentals, and why short-term rentals are well-suited to this type of buildings to maximise owners revenues. Mickey explains how Vector Travel is helping their clients to solve the challenges of designing, furnishing, marketing and distributing these units, and of course the on–site operations of guest management and cleaning.
Our guest today: Mickey Kropf of Vector Travel
It’s in March 2018 that Mickey Kropf starts Vector Travel, his turnkey, professional solution for multifamily owners.
Vector Travel partners directly with multifamily owners and property management companies to monetize vacant units in stabilized or lease-up multifamily buildings.
The company utilizes proprietary revenue management strategies to generate maximum returns across all major travel platforms and share the majority of rental income with our partners.
With a long experience in real estate development, Mickey jumped into short-term rental industry as early as 2013 as a co-Founder and COO of Rented.com, which was started to help owners generate maximum income from unused assets, while mitigating the hassle and risk associated with asset sharing.
The Rented.com adventure began as VacationFutures, a proprietary listing, auction, and diligence platform where homeowners listed unused weeks at vacation homes and professional property managers competed with bids to operate these homes.