Municipalities that have favorable laws supporting short-term rentals such as Arizona.
Areas that offer year-round destination activities including golf, concerts, sporting events, festivals, and hiking
Single family homes with favorable acquisition values relative to net operating income
Single-family homes in desirable destination markets for short-term vacation rentals
Locations with an abundance of 2nd, 3rd, 4th … vacation homeowners willing to sell over-built estates including the furnishings at significantly below cost
Homes on large plots of land that allow for the development of resort style amenities
Desire among the “millennial” generation who account for 40% of the working population, to choose spending on experiences rather than material items.
Fast growing trend of “Togethering” which is vacationing in large groups comprised of friends and family
The vacation rental industry is projected to grow to $436.9 billion by 2022, a 44% increase since 2017.
the PARSONS DIFFERENCE
A concierge team focused on providing a high-touch service to vacationers at every turn
The Management Company oversees all properties to maintain the highest quality
Deep relationships with realtors, contractors, and designers to help identify properties and remodel them with the goal of generating rental income in an efficient manner
Luxury homes with no HOA located in desirable sections of Phoenix including Scottsdale, Arcadia, and Kierland
Homes will ideally have 5,000+ sq. feet, 6+ bedrooms and 4+ bathrooms
“Resort style” backyard with heated swimming pools, putting greens, BBQs, and fire-pits