Leawood Colorado Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Leawood, Updated May 2023
In the past, short-term vacation rentals in Leawood Colorado have been considered to be a way for tourists to gain access to special amenities such as private swimming pools or other luxury accommodations. While this is true, these types of homes are also being used by locals who want to make extra money during their vacations. First off, it’s important to know that you can only rent out your home for 30 days each year with the exception of small one-bedroom units and homes with at least three bedrooms. Also, you must register your home with the city of Leawood first before making any changes to the property or renting it out. There are a few benefits to short-term vacation rental when compared to owning a home that can be rented out as well. For example, you will receive fewer taxes on your income since it’s not considered a primary residence. Plus, you won’t be responsible for paying property tax or maintenance costs such as gas and electricity. Of course, there are also a few risks that come along with short-term vacation rentals as well. For example, if there’s a problem with your property while it’s being rented out, you could potentially be held responsible for repairs. This can result in higher costs than expected for both you and the renter.
When partnering with RedAwning for your property management needs, we can make sure your Leawood rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Positive vacation rental trends in Leawood, Colorado when you considering renting out your Leawood home as a short-term rental. First off, thanks to the growing popularity of Airbnb and vacation home rentals in general, there are plenty of people looking for vacation rentals in Leawood, Colorado. That means it's easier than ever to find someone who will rent your home out while they're away. This is especially true if you have an extra room or two that could be used for short-term vacation rentals. And it doesn't hurt that many people are now choosing short-term rentals over hotels because they want to save money and get a more authentic experience of the area.
When you want to take a vacation in a different area of the country, it can be difficult and expensive to find affordable accommodations. If you own a short-term rental property in Leawood, Colorado, you can save money by renting out your home. By listing your property on sites like Airbnb, Vacation Rental By Owner (VRBO) and HomeAway, you can make extra money while you are away. Leawood is an independent community located in the southwestern corner of Douglas County. It was established as a town in 1885 and incorporated as a city in 1922. The area features rolling hills dotted with large homes and tree-lined streets that offer plenty of space for parking. There are also several public parks, playgrounds and hiking trails that invite visitors to come explore the area. With easy access to Denver, Boulder and other nearby cities, there are many great places to enjoy nature and spend time outdoors.
RedAwning takes the guess-work out of Leawood property management, and we work with you to ensure your Leawood short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 3 bedroom home in Littleton. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
If you are a speculative home buyer or have another home in Colorado, check out our other Colorado Vacation Rental Management reports in Alamosa, Aspen, Breckenridge, Cortez, Denver, Durango, Estes Park, Fort Collins, Glenwood Springs, Grand Junction, Gunnison, Loveland, Montrose, Pagosa Springs, Snowmass Village, Telluride, Crested Butte, Vail, Avon, Copper Mountain, Keystone, Winter Park, Mountain Village, Beaver Creek, Frisco, Dillon, Steamboat Springs, Silverthorne, Edwards, Fraser, Grand Lake, Granby, Eagle Vail, Cabo San Lucas, Silvethorne, Snowmass, Wildernest, West Vail, Jefferson, Sliverthrone, Tabernash, Silverthone, Glen Haven, Silverthrone, Eagle, and Colorado Springs, Colorado or view all of our vacation rental market reports