Saugatuck Michigan Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Saugatuck, Updated March 2023
Saugatuck, Michigan is a picturesque town located on the north end of Lake Michigan that is known for its beaches, restaurants and historical landmarks. The downtown area is filled with restaurants, bars and shops, so it's easy to find something to do even if you're not staying at a vacation rental in Saugatuck. Renters will also be able to enjoy the many activities that are available in Saugatuck, including whale watching, kayaking and fishing. There are also plenty of activities for children to enjoy, like playing at the beach and visiting the local library. In addition to all of these things to do in Saugatuck, renters can also take advantage of the short-term rental opportunities that are available in Saugatuck. Whether you need a place to stay while you're vacationing or want to rent out your home while you're away on business, there are plenty of options available. Whether you want to rent out an entire house or just a few rooms, there are plenty of options available for you as a renter in Saugatuck.
When partnering with RedAwning for your property management needs, we can make sure your Saugatuck rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Positive vacation rental trends in Saugatuck, Michigan when you considering renting out your Saugatuck home as a short-term rental. First, Saugatuck has many great amenities that make it a desirable destination. The beach offers plenty of space for relaxing and playing in the sand, the restaurants are top notch, and there are plenty of shops and shopping opportunities for those who want to get their shopping done. Second, vacation rentals in Saugatuck have become more popular over the past few years. This is because there are more people traveling to Saugatuck to enjoy the beaches and activities available there than there were in years past. Third, many homeowners around Saugatuck have seen the benefits that renting out their house can bring them and are open to the idea of letting someone else stay in their home while they are away. Finally, short-term vacation rentals offer an extra income stream for homeowners who might not be able to afford to go on a long trip or need some extra money coming in during a time when they’re not working.
Positive vacation rental trends in Saugatuck include: Residents are increasingly using short-term rentals as a way to save money on accommodations. This trend is especially pronounced among younger generations, who may prefer to stay in cheaper locales for longer periods of time. The popularity of Airbnb has also helped increase the number of visitors to Saugatuck. These guests are likely to stay for shorter stays, which further helps keep prices low. Finally, recent changes in tax law have made short-term rentals more attractive to residents, who can now write off their costs against their annual income. As a result, it’s important to keep a close eye on your finances if you plan on taking short-term rentals as an income source.
RedAwning takes the guess-work out of Saugatuck property management, and we work with you to ensure your Saugatuck 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 Saugatuck. 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, Frankfort, Douglas, South Haven, St. Joseph, Carp Lake, Copper Harbor, Onaway, Thompsonville, West Bloomfield Township, Birmingham, East Tawas, Farwell, Southfield, Pontiac, and Fennville, Michigan or view all of our vacation rental market reports