Dealing with vacancies can be costly. Getting your rental properties rented as quickly as possible can turn a rental property into a good investment. When it comes to getting your Airbnb property rented quickly, marketing is crucial. The opportunity cost of vacancies is the single highest expense for rental[…]
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A Guide To Vacation Rental Management And Advertising If you have ventured into the vacation rental world recently, most likely it is something that you are very excited about. The U.S. vacation rental market in 2019 brought in revenue of over $17.5 billion, which was an increase of almost[…]
What’s A Transient Rental? Transient rentals are those units that are occupied for sleeping, lodging, and other reasons for less than 30 days or in exchange for other purposes such as trade or barter situations. Are There Laws Regarding Transient Rentals? Some of the zones that are located within[…]
What is TOT And Why Does My Airbnb Rental Need To Have It? Information on the Transient Occupancy Tax The Transient Occupancy Tax, or TOT, is an important part of the funding mechanisms of the Town of Mammoth Lakes and accounts for an estimated 60% of the total General[…]
How To Turn Your Mammoth Lakes Condo / Apartment Into a Nightly Rental Considering turning your home into an Airbnb / VRBO? As a reminder, only apartments and condos are eligible for nightly rentals in the Mammoth Lakes area. In order to become a nightly rental (legally) you must[…]
Interested in renting your condo or apartment out in Mammoth Lakes CA? One of the most important parts of renting your property out in the Mammoth Lakes area is making sure your home is compliant with TOT (Transient Occupancy Tax) guidelines, including have your property inspected by a licensed[…]
5 Key Items To Keep Your Rental Property Maintenance Costs Down If you own rental property, you will be required to do maintenance if you want to stay in business over the long term. Tenants are often blamed when problems arise, but it isn’t always the case that they[…]
How To Properly Choose A Property Manager Not every property management company is going to deliver the same results. It can be a very difficult industry to operate in and even some of the more well-intentioned property managers might be unable to help you properly navigate today’s dynamic rental[…]