If you're thinking of listing your home for rent, there are some crucial things to consider before putting it on the market. According to data from AirDNA, the average daily rate for short-term rentals in Cape Coral, FL is approximately $276.50.
Understanding how to rent out property to vacationers is crucial if you want to maximize your investment.
Read on to learn how to list your home for rent in Cape Coral along with some of the best practices for a smooth, stress-free experience.
Set Your Price
Determining how much to charge is the most important part of listing your home for rent. The daily or monthly rate you'll charge depends on several factors including the time of year, the location and size of your property, and current demand.
For example, if you're renting your Cape Coral property in the summer, you can likely charge more than you could during the off-season. Properties located close to exciting amenities, properties with a swimming pool, or large properties with a lot of bedrooms also tend to garner more.
Tidy Up Before Listing Your Home For Rent
It might seem obvious, but you should make sure your property is clean, sanitary, and obstruction-free before listing it. You can do a few simple things like remove clutter or hire a professional to deep clean the property before renting it out.
Look around and remove any personal items that could make the short-term rental experience uncomfortable or awkward for guests. Deep clean the kitchen and bathrooms, mop and vacuum all flooring, and use a home rental checklist to make sure that every part of your property is spotless before it's listed.
Make Repairs
Fixing that broken toilet or re-securing loose deck boards are things you should do before you put your property up for rent. Look around in every room and make a thorough to-do list of all the things that need to be repaired now to avoid complaints or even potential injuries later.
Check small details like loose doorknobs and leaky faucets, and make sure everything gets fixed. Not only will this help you avoid headaches later on, but it can also help you get more rent for your property.
Hire a Full-Service Property Management Company
One of the best ways to ensure you have a successful short-term rental experience is to hire a full-service property management company like PMI Cozy Homes. When you hire a property management company, you'll have professionals working with you every step of the way from the listing and marketing to the lease signing.
Full-service property management handles everything for you, including handling maintenance calls and collecting rent payments. It also helps you free up time to focus on the things most important to you.
Get Ready to Rent Your Property Today
Consider these steps before listing your home for rent for a seamless experience. From tidying up and making upgrades to choosing a property management company, these tips will ensure your rental is a success.
At PMI Cozy Homes, we'll help you maximize your rental income and simplify your property management, so get in touch with us today.
