Owning a Lake Havasu property means you have access to trails, beaches, and mountain views. It also means you have an excellent income opportunity. But do you know what it takes to make your property an appealing choice for vacationers?
Read on to learn how to rent your home for vacations in Lake Havasu, AZ!
Get the Right Permits
Vacation home management starts with registering your home for short-term rentals in Lake Havasu. You'll need a permit and Transaction Privilege Tax license, too, before starting bookings. Staying compliant is critical or else you could face legal repercussions.
In keeping with Lake Havasu city laws, you'll also want to maintain a high-quality property for guests. Be considerate of neighbors and any vacationers staying in your home.
Make Your Home Inviting
When it comes to vacation rental tips, making your home welcoming is a big one. Spruce up the exterior facade and landscaping. Refresh interior walls with new paint to create a light and homey vibe.
Additionally, look for some decorative pieces that reflect the local community. Hang some photographs of Lake Havasu in the family room. Create a guidebook with recommended eateries and attractions that you leave on the kitchen table.
Create a Pricing Strategy
To get the best rental income boost, you'll need to be savvy about pricing. Peak season in Lake Havasu tends to be in the fall through spring. As a result, you should plan on charging higher rates during these in-demand seasons.
You can back off prices during the off-season. Research comparable rental homes to get a sense of the rates your competitors are charging. Be sure your rates aren't too far above or below the general range.
Focus on Marketing
Every rental property guide will urge you to set aside time for marketing. Otherwise, even the most immaculate vacation home will go unnoticed - and stay vacant.
Take professional photos and write descriptions to highlight your property's best features. Post these items on a reputable booking platform.
You can increase reach by leveraging social media. Post your property on your page and make it shareable. And look for targeted Lake Havasu vacation rental pages where you can share your post.
Prioritize Communication
Lastly, don't underestimate the power of good communication. By answering questions promptly and being accessible, you'll help guests feel more comfortable staying in your Lake Havasu property. Be warm and welcoming at every step of the journey!
You can use automated messages to streamline the communication process. For instance, send an automated message after a guest checks in to remind them of pertinent house rules. Send a message as they approach check-out to ensure guests take care of the required cleaning tasks.
Understand How to Rent Your Home for Vacations
Knowing how to rent your home for vacations entails getting the right permits and fixing up your property first. Create compelling marketing materials and develop a pricing strategy. Make communication a priority, too, so vacationers always feel welcome.
At PMI Lake Havasu, we offer full-service real estate property management with local expertise. With over two decades of industry experience, you can trust us to help maximize your property investment. Reach out today to learn more!
