When you have made the decision to turn your investment property into a vacation rental, there are a few things to do that can help ensure your success. One of the first things you should do is enlist the help of a certified property management company.
While you may think that you can rent out your property on your own, statistics show that having a residential property management company on your side can be very beneficial — especially if you are an out-of-town owner.
Follow these simple steps to start out on the right foot when preparing your property.
Create a Livable and Comfortable Space
Add or remove items and features to make your home comfortable. Reduce clutter by removing any furniture or objects that may detract from the vacation experience of your guests. Comfortable seating and great lighting are added bonuses. Adding luxury touches such as nice artwork, and such, can help guests feel at home.
Remove Personal Items
Sure, it’s your vacation home; however, it would be safe to remove personal and valuable possessions. Most guests are trustworthy, but it is best to safeguard against accidental damage that can happen. Everything in your rental property should be easily replaceable. And make sure that nothing in the home has any of your personal information.
Stock Your Home with the Necessary Basics
Guests expect to have the basics — bedding, linens, towels, dishes, and cookware. A good guideline is to have two of each item for each guest. For instance, if your property accommodates four guests, you should stock eight bath towels, mugs, glasses, bowls, and plants. You should also have plenty of washcloths and hand towels. Each bed should have two sets of linens.
All of the basic electronics should be in working and order, and your home should include a television, DVD players, and sound system. Your kitchen should be stocked with everything a guest might need to cook, including a full set of pots and pans, and cooking utensils.
As previously stated, hiring a Phoenix property management service can really boost your rental income. Companies like Book My Vacay will inspect your home and take care of any necessary repairs or maintenance, as well as provide housekeeping services to guests during their stay. If you’re still in need of a Phoenix property management company, contact us with any questions, or browse some of the vacation rentals we provide!