Each year, Lee County greets 4.5 million visitors. Visitors spent a total of $4 billion in the area each year. If you own vacation properties in Ft. Myers, ensure renters can find them.
With help from a short-term property management company, you can book your rentals to generate more real estate income. Not convinced?
Read on to discover the top advantages of choosing property management services today.
Attract Guests
Before you can start generating real estate income from your properties, you need to find tenants. Unfortunately, the rental vacancy in the US is nearly 6%. If your short-term rentals remain vacant, you won't generate income.
Work with an experienced short-term rental management company. Determine how they attract tenants. With their help, you won't have to worry about vacancies.
For example, the company might realize you don't post high-quality images of your rental properties. They might determine that your rental price is set too high. These issues could scare away potential renters.
An experienced property manager can help you develop an effective marketing strategy to help you attract guests.
Vet Tenants
Not every tenant is an ideal tenant. After attracting tenants, your property manager will also help you vet them. For example, they can review the tenants' rental history to determine if they pay rent on time.
They can also determine if the tenant trashed a rental property in the past.
Doing this due diligence will ensure you find trustworthy tenants. You won't have to worry about guests destroying your property. You could even find guests who fall in love with your property and want to return later.
Collect Rent
Most short-term property management services include rent collection.
Without an efficient process in place, collecting rent can feel daunting. Choose a company that already has a rent collection system. They'll make sure the process is easy and convenient moving forward.
They'll also develop a process to collect late fees.
Establish Rules
Establishing house rules can help protect your property. Your rental company can use these rules to ensure you avoid troublesome guests. For example, they can set a cap on how many guests are allowed to stay.
You can also decide if you're okay with having pets stay at your short-term rentals.
These rules will keep your best interests in mind.
Complete Repairs
Once guests leave, it's important to clean the property before new guests arrive. It's also essential to make repairs. Your short-term rental management company can handle this process for you.
Cleaning and making repairs will ensure you make the best possible impression on future guests.
Choose Short-Term Property Management Services
You don't have to handle the responsibility of maintaining short-term rentals alone. Instead, hire a short-term property management company in Ft. Myers. With help, you can generate real estate income without stress.
Want to experience these benefits firsthand? We're here for you.
Contact us today for help with your vacation properties!
