FAQ
“In the waves of change, we find our direction”
Owner FAQ
Q: What services does Salty Escapes offer?
A: Property Management Services, Vacation Rental Accommodations & Travel Planning Experiences, Car Rentals, Real Estate Services & more.
Q: What area does Salty Escapes serve and where are they located?
A: Serving Destin, Miramar Beach, Fort Walton Beach, and Okaloosa Island. Locally-owned and operated in Destin, Florida.
Q: When do owner payments get processed and how is it sent?
A: Salty Escapes processes monthly statements and owner payments no later than the 15th of each month by way ACH Direct Deposit. Corresponding statements will be emailed and uploaded to the owner portal.
Q: How are owner payments calculated?
A: Payments are calculated for the previous month based on completed rental income for that time period less any fees or expenses incurred. Payments are not paid in advance, as commonly found in long term rentals. They are assessed on the most recent month end rental transactions completed.
Q: Can I choose to rent for the peak summer months and keep for personal use the remaining months?
A: Yes, absolutely! Salty Escapes offers a variety of management options to meet each owners unique needs. We will work together to customize a program based on your specific rental availability and specified in the rental contract accordingly.
Q: What is the difference between short and long term rentals?
A: There are several differences between the two. Simply put: they’re first identified by the length of stay and then follow the rules and regulations set forth for that type of rental.
- Short term rental is defined as stays under 6 months and long term rental is defined as stays over 6 months and 1 day.
- Commission rates are higher in short term rental management vs long term due to the more in depth level of management services required.
*Owners should inquire directly to fully understand operational differences between the two options.