Los Angeles California Vacation Rental Management

While short-term rentals are on the rise in Los Angeles, positive trends are beginning to emerge as homes become more accessible for travelers. Short-term rentals offer homeowners a new way to make money, as well as a way to welcome visitors into their homes and share their experiences with the city. Positive rental trends include: Residents taking advantage of the low rental cost in Los Angeles by renting out their homes to tourists. Incentives that encourage homeowners to rent out their homes while they’re away on vacation or business trips. A growing number of Airbnb users in Los Angeles who are looking for a place to stay while they’re visiting the city.

Los Angeles has an ever-growing population of people looking for short-term accommodations. As the city continues to grow, more travelers are looking for a place to stay while they visit and explore. Between 2000 and 2016, Los Angeles saw a growth rate of 11.5 percent in short-term rentals. There is a demand for short-term rentals because people want to stay in areas with high demand that have low availability. Additionally, Los Angeles has a large population of visitors who are looking for a vacation rental at the same time as locals who are also looking for a place to stay during their trip. The demand for short-term rentals in Los Angeles means there is a supply of affordable options available to tourists and locals alike. While the market is growing, there are some challenges that owners should be aware of when renting out their home as a short-term rental:

RedAwning takes the guess-work out of Los Angeles property management, and we work with you to ensure your Los Angeles short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.