Florida is one of the hottest tourist destinations in the country. Every year, more than 135 million people come to visit the warm, sunny weather from all over. That makes it a great place to own a summer vacation rental.
With this kind of property, there's an opportunity to make a huge profit. But that doesn't mean there's no work involved. Owning a short-term rental is a big job that requires a lot of attention and time.
Getting help is the best way to make sure you're successful. Check out these benefits of hiring a property manager for your summer vacation rental in Largo.
Maximize Profits With Expert Pricing Strategies
One of the trickiest parts of renting out any property is finding the right rates. Too high and you won't be able to fill it. Too low and you won't make a decent profit. Somewhere in the middle is the sweet spot you're looking to hit.
Finding that can be very difficult, especially if you haven't done it before.
Short-term property managers can help guide you through the process. Their expertise will help you determine the right strategy for your property.
Ease Your Bookkeeping Workload
When you really start to look at it, running a Largo summer vacation rental requires a lot of work. Especially on the accounting side. There's everything from the big stuff of making sure the house is legally compliant. All the way to the little stuff of collecting payment.
Short-term property managers can take care of all your bookkeeping needs. This is where many property owners go wrong and lose their profits. Professionals handling this side of the job are priceless.
Eliminate Stress From Guest Communication
Obviously, every short-term rental needs guests to be successful. But they can also be the worst part of the job in a lot of ways. Having someone else take care of all of the guest communication can be a game-changer.
A property management company in Largo has strategies to keep all guest communication clear to avoid problems.
Take Care of Cleaning and Maintenance Between Guests
Reputation is everything when trying to attract new guests. So you want your reviews to focus on how clean and beautiful the space is. But that takes a lot of work for each guest.
A property management team will handle scheduling all the cleaning and maintenance your property will require. They'll make sure everything stays in the best shape so your guests can feel calm and relaxed.
Getting Help With Your Summer Vacation Rental
A Largo summer vacation rental can be a huge asset. Especially when you have a property management team in place. Then it becomes almost passive income as they take on many of the necessary tasks.
The team will handle everything from marketing to book guests to making sure your bookkeeping is up-to-date. There's nothing they won't take care of for you.
At PMI Clearwater, we are dedicated to helping short-term rental owners see the most gain. We're experts at handling all the details so you don't have to! Contact us today for a free consultation!