Lafayette Springs Mississippi Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Lafayette Springs, Updated December 2022
If you're looking to rent out your Lafayette Springs vacation home, you're likely to experience a spike in interest from potential renters. This is because short-term rental properties tend to be closer to amenities and have lower rates than traditional rentals. Many people who are renting out their homes for short-term stays do so because they want extra income or to get more value out of their property.
When partnering with RedAwning for your property management needs, we can make sure your Lafayette Springs rental is set up correctly and ready to generate the most amount of revenue possible per stay.
One of the biggest trends in short-term rental homes is to offer a fully stocked kitchen for those who want to cook their own meals. This is great for people who want to save money on food, or if you are just not a fan of eating out. It allows you to be more flexible with your schedule, and it also makes it easier for guests to get comfortable in your home. Another trend that has been growing in popularity among vacation renters is the idea of a “clubhouse” atmosphere. While many people may think of these as one-size-fits-all resorts, there are many different options when it comes to clubhouses. Some have cottages with shared common areas, while others have separate living spaces. Clubhouses can be very personal and intimate, while also being a great place to meet other locals and travelers alike.
Short-term rentals of vacation homes and apartments have become increasingly popular and can be a great way to earn some extra money or extend the use of your home. There are, however, some things you should consider before listing your property on short-term rental websites like Airbnb. For starters, what type of property do you own? Do you have a single family home with three bedrooms that could sleep up to six people? Or do you have an apartment with two bedrooms and a loft that could fit four travelers? If it’s the latter, then you’re probably better off renting out your Lafayette Springs home as a short-term rental than an ordinary long-term rental. Depending on your property’s size and layout, this could mean more income for you. Airbnb is also a great resource for finding hosts in your area who are interested in renting out their homes. By advertising your availability, you could land yourself some new guests who are looking for something short-term. But most importantly, don't list your Lafayette Springs home as a short-term rental unless you're ready to commit to it. Even if it's just for one month at a time, it's important to think about how you're going to deal with all the extra guests that come along with it.
RedAwning takes the guess-work out of Lafayette Springs property management, and we work with you to ensure your Lafayette Springs 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 Oxford. 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 Mississippi, check out our other Mississippi Vacation Rental Management reports in Biloxi, Columbus, Gulfport, Jackson, Gulport, or view all of our vacation rental market reports