Ann Arbor Michigan Vacation Rental Management

Short-term rental (STR) is an increasingly popular way to make extra money by renting out your home. Whether you’re looking for a quick cash infusion or a long-term investment, renting out your Ann Arbor, Michigan home can be a smart way to earn some extra income. But before you list your home with Airbnb or any other platform, there are a few things you should know. Here are some positive vacation rental trends in Ann Arbor: There are several benefits to renting out your Ann Arbor, Michigan home as a vacation rental. First of all, it can be a great source of extra income. And second, it’s an opportunity for you to get exposure for your hometown and help attract more visitors to the city.

A study by the National Vacation Rental Marketing Association (NVRA) found that short-term rental occupancy rates rose 31% from 2015 to 2016, and that more than 49% of vacation rental properties saw an increase in bookings during the same period. There are many reasons for this new trend, ranging from increased demand from travelers looking for affordable accommodations to the increasing popularity of Airbnb and VRBO. In addition, short-term rentals offer homeowners a way to generate additional income, whether it is for a few nights a year or for an entire month. If you are interested in renting out your Ann Arbor home as a short-term rental, there are several things you should keep in mind when doing so. First, it is important to find out if there are any regulations in place regarding short-term rentals in your area. Second, make sure that you have everything you need available before guests arrive. Finally, be sure to clear the dates with your property manager well in advance and inform them about any special rules or requirements.

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