Onaway Michigan Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Onaway, Updated May 2023
When you're looking to short-term rent out your home, there are a few factors that you should consider. There are a few positive trends in the short-term vacation rental market that you should be aware of when looking to rent out your Onaway home as a short-term rental. First, the cost of renting is considerably lower than owning a home in Onaway. Second, you can be confident that your guests will be comfortable and enjoy themselves at your vacant home. And finally, if your property has an attractive location or is well maintained, there are many potential guests who may be interested in renting it out for their next vacation. When you're planning to rent out your Onaway home as a short-term rental, think about these trends and take advantage of them while they're still here.
When partnering with RedAwning for your property management needs, we can make sure your Onaway rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Secluded "cabin" literally ON the black river - you can't get any closer! This rough and rustic property is great for guests looking for a true Michigan woods experience but especially the water lovers - 4 Kayaks and 2 Canoes are included in your stay so you can enjoy the river. Great for relaxing by the river, fishing, hunting, and enjoying the local Northeastern State Trail which is known for great walking and cycling. There is over 600 acres of state land... Read More
This Onaway vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Onaway.
While most tourists are looking for a place to stay that is clean and safe, there are still some negative trends that renters should be aware of. One of the biggest concerns for travelers is noise. For anyone who is trying to sleep, this can be a major problem. Some renters may choose to cancel their reservation or simply ask if the renter plans on being quiet while they are trying to sleep. If a renter is willing to respect your space, then you have nothing to worry about. As long as you are respectful and respectful of noise, your stay will be just fine! Another negative trend that you may see is people over-staying their welcome. Again, this can be disruptive for any other residents in the house (especially if you have children who want to play with them). If you plan on renting out your home for a short period of time, make sure that you check in with the renter before they check out. If you need to change the dates or times, do so right away so they do not overstay their welcome.
Positive vacation rental trends in Onaway, Michigan include: - Attracted by the area’s short distance to Lake Michigan and its sandy beach. The town is also known for its annual festival and carnival, which draws lots of visitors. To make sure your property is a hit with vacationers, consider making some improvements such as: - Renovating your home to include a pool or lake view. - Replacing old furniture with more comfortable ones. - Adding furnishings that appeal to families, such as high chairs or baby swings. - Including special touches like welcome baskets or toys for furbabies.
RedAwning takes the guess-work out of Onaway property management, and we work with you to ensure your Onaway 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 Onaway. 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 Michigan, check out our other Michigan Vacation Rental Management reports in Ann Arbor, Bay City, Detroit, Frankenmuth, Grand Haven, Grand Rapids, Holland, Kalamazoo, Lansing, Sault Ste. Marie, Traverse City, Addison, Saugatuck, Frankfort, Douglas, South Haven, St. Joseph, Carp Lake, Copper Harbor, Thompsonville, West Bloomfield Township, Birmingham, East Tawas, Farwell, Southfield, Pontiac, and Fennville, Michigan or view all of our vacation rental market reports