As Dewl we’ve partnered with leading developers to create premium, high-quality short term rental units, floors, and buildings to serve their specific revenue, funding and diversification needs.
Great Dwellings was founded in 2017 to deliver best practice, full-service STR management to homeowners. We quickly realized that a focus on customer service, operational excellence and Exceptional marketing can deliver world-class results. The love and care of a property and STR experience was something we could build and curate better at scale. And it was shortly thereafter that we were approached by Multi-Family Housing partners who saw the same to you, and knew a partner could best serve them.
We manage and handle professional services from cleaning to trash removal to keep the property at its best for as long as possible
Prices are reviewed every single hour and adjust as needed through a data-driven pricing software and hands-on team approach.
Our 5-Star Quality Assurance anticipates and responds to guest needs pre-trip, during their stay, and after they have returned home satisfied.
In early 2019, a local real estate investor struggled to rent out his property. He had previous experience with listing properties through large competitor, 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.