Washington's tourism numbers have ballooned in the last few years to 102 million annual visitors statewide.
More and more of these visitors are making their way to Puyallup. The city of Puyallup is home to the Washington State Fair, one of the largest in the country.
If you're a Puyallup homeowner, you've undoubtedly noticed the uptick in the number of vacation home rentals in the area. Whether you've got a second property or space in your family home, a for rent by owner vacation rental can be a huge moneymaker.
Today, we'll explain the benefits of hiring a property manager to help you run your vacation rental. Keep reading to learn how to mitigate rental risks and maximize rental income.
Vacation Home Rental Risks
Taking advantage of Puyallup's increasing tourism numbers is a no-brainer when you have extra property. There are major perks to renting out your property as a vacation rental. If you take the process seriously, you can go from earning a bit of a side income to a burgeoning vacation rental enterprise.
There are also rental risks. Whenever you allow strangers into your property, you're at risk of poor guest behavior. For that reason, you need to look into things like vacation rental home insurance and guest screening, which is where a property manager can help.
Property Marketing and Screening
Hiring a property manager might sound like a frivolous expense, but when you find out what it is they do, it makes a lot more sense. One of the biggest perks of hiring a property manager is their ability to market your rental property and secure more guests.
The more guests you have, the more lucrative your property will be. They'll do this by expertly marketing your property to vacationers. Private rental listings with a strong property description and professional-quality photographs go a long way in appealing to prospective guests.
Your property manager will protect your property with guest screening. They'll do this with identity and background checks to ensure the guests are who they say they are and that they won't put your property at risk.
Guest Management
When you have trustworthy guests renting your property, it's your job to make sure they're enjoying themselves. A good property manager will tend to guests' needs from the second they book your property until they check out.
Mostly, this will involve being available to help with any questions or concerns they might have. They'll use the latest technology to communicate with guests and stay out of their way so they feel like the property is all theirs for the duration of their booking.
When happy guests leave, your property manager will clean and perform maintenance on your property. This minimizes the risk of wear and tear, which can affect your property value over time.
You Don't Need the For Rent By Owner Approach
You don't need to take the for rent by owner approach for your Puyallup property. With the help of a property manager, you can enjoy all of the perks of vacation rental ownership without any of the work.
The SJC Management Group is Puyallup's top vacation rental property manager. We offer all of the services discussed here and more, so contact us today to learn how we can help you run your rental.
