Columbia South Carolina Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Columbia, Updated January 2023
A recent study of the top two things guests would like to see while on vacation is the property itself and local amenities. This means you can potentially earn more money renting out your Columbia home if you add to the excitement level with unique decorating or outdoor features. The second most desired aspect of a vacation rental is proximity to restaurants and shopping. Overall, it’s a good idea to invest in an attractive exterior that appeals to both locals and potential renters before putting your house up for rent.
When partnering with RedAwning for your property management needs, we can make sure your Columbia rental is set up correctly and ready to generate the most amount of revenue possible per stay.
When you rent out your Columbia, SC home as a short-term rental in 2018, you can expect to see all sorts of trends. First, it’s important to consider the location of your house and how close it is to public transit. For example, if you live in a quiet neighborhood where there’s no public transit nearby, you may want to consider renting out your house on a monthly basis instead of weekly. If you’re looking for guests who are coming from far away and have several days to spend in Columbia, SC, a weekly rental may be a better option. This is especially true if your home is in an area that has public transportation. With public transit in Columbia, South Carolina, you can easily get to nearby attractions and fun things to do without having to worry about driving all day.
The number of people choosing to rent rather than buy a home is on the rise. This trend has been especially pronounced in areas like Columbia, SC, where the cost of housing is high and affordability is an issue. It’s no surprise, then, that more travelers are turning to vacation rentals for a way to save money. More than half of travelers surveyed by Airbnb said that they had rented a vacation property in the past year. If you want to rent out your property for short-term stays or for large events like weddings and reunions, there are a few things you should know. First, make sure you understand the rules and regulations around short-term rentals in your area. In some places, short-term rentals are illegal. In others, they’re perfectly fine as long as they’re done right. Second, consider whether your property is right for short-term rental use. If it’s not, it could be worth investing in some renovations before considering renting it out full-time.
RedAwning takes the guess-work out of Columbia property management, and we work with you to ensure your Columbia 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 2 bedroom home in Columbia. 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 South Carolina, check out our other South Carolina Vacation Rental Management reports in Charleston, Greenville, Myrtle Beach, Pawleys Island, Hilton Head Island, North Myrtle Beach, Garden City Beach, Surfside Beach, Hilton Head, Garden City, Little River, Edisto Beach, Longs, Pickens, Winnsboro, Beaufort, or view all of our vacation rental market reports