What does it take to manage long-term and short-term rental properties to success? It's a year-round job to set the right rental price, find and manage long-term renters or the guest experience, maintain properties, collect the rent, and generate a profit.
If you already have a vacation home in the area or you're considering a rental property investment, make sure you choose the right experts to take care of everything for you!
The Right Price Sells
'Selling' your property to potential renters starts with setting the right rental price. When you have a vacation rental property, this logic also covers the booking price.
Whether you have a short-term vacation rental or a long-term rental home, the rental price must be competitive to attract the right renters. The wrong pricing on a vacation rental property or for an annual renter's single-family home can leave you with a property that never makes enough money as an investment in your long-term wealth.
Real estate investors struggle to turn a profit:
- When the rent is too high and renters don't want to pay that price: A high monthly rent will turn potential long-term renters away in search of a more affordable Bradenton Beach rental home. If you have a vacation rental property, a pricey short-term rate will encourage potential guests to find a different rental that fits their vacation budget better.
- When the rent is too low and suppresses potential monthly income: Lowering the rent can attract more renters, but you'll lose money every month that a renter pays less than what your property should earn. Plus, this can look suspicious to short-term guests.
How can investors know the best rental price? A Bradenton Beach property management company knows! We understand the local vacation rental and long-term rental markets.
Using rental property analysis, we set a competitive rate for your investment properties to ensure the right renters find and pay the right price for your in-demand property. Setting the wrong rental rate is one of the easiest ways to lose money on your properties!
Don't fall victim to a guessing game: Let a professional, full-service property management company guide you to the best rental prices—and ensure you're not leaving money on the table.
The Right Marketing Attracts
One of the best aspects of owning a vacation rental in Bradenton Beach is generating rental income from when you aren't using the property. However, if your vacation rental home sits empty too many weeks out of the year, you lose significant revenue. Losing enough money can mean you have to sell a vacation home that you love.
How can guests find your property to keep it occupied throughout the year? An expert Bradenton Beach property management company knows how to list and market your property to keep consistent interest (and bookings) for your rental. We approach marketing in several ways to ensure your success, including:
- Recommending the best upgrades and amenities: Visitors to our area look for specific things when choosing a short-term vacation rental. We help investors equip their properties with the right amenities to provide an excellent guest experience and book more visitors. We also help investors avoid upgrades that don't make good financial sense.
- Creating compelling listings to stop the scroll: Vacation rental websites list many available rentals. We help your property stand out with an engaging property listing and professional photos to show off your rental's best features.
- Utilizing a broad web presence to showcase your rental: Our online reach is far and wide! We make sure a worldwide audience sees your property's listing and has the opportunity to book a stay.
Our expert marketing helps investors experience more bookings throughout the year—including repeat bookings from year to year! However, we also know how to market a long-term rental to the Bradenton Beach population.
Our Marketing Expertise Works for Long-Term Rentals, Too!
Attracting the right long-term residents requires expert marketing skills just as much as a vacation rental property. With the right rental price and a compelling listing, our team targets your ideal renters and helps them find your rental home!
Finding a pool of available renters is only part of placing high-quality residents and protecting your property throughout a full lease term. When our expert marketing strategies begin attracting potential renters, we apply a thorough tenant screening process to choose the best one!
The Right Screening Process Places Better Renters
It's exciting to start receiving applications for a vacant rental property—but investors can't let that excitement overshadow the need to be selective about who lives in your rental properties!
Our full-service property management approach includes a thorough tenant screening process. We dig into the background of every applicant (while following the law) to find the best new renter for your property. Our screening process includes:
- Credit history
- Prior rental history
- Employment and income verification
- Criminal background check
- Reference checks.
We also have a screening process for pets if property owners want to offer a pet-friendly rental home. While we can't do that for every short-term rental guest, we do still require a valid ID and verified contact information to book a vacation stay in your property.
A Bradenton Beach rental property is a long-term investment! With the help of a professional property management company, investors can avoid bad renters who cause property damage or don't pay the rent. Choosing high-quality renters—every time—helps investors improve their short-term cash flow and long-term income!
The Right Maintenance Improves Your Income
Can spending more time and attention on maintenance and repairs improve your income? Yes! It's one of the best ways to find (and keep) high-quality renters while improving your property values.
The best expert Bradenton Beach property management company makes property maintenance a priority and consistent routine—without overspending your budget for repairs. In most cases, property investors save money with an expert property manager and consistent, year-round property inspections and maintenance best practices.
Being Proactive Boosts Profits
Putting off a maintenance request can seem like a money-saving decision, but delaying a repair can require a more expensive solution. If you've struggled with DIY maintenance or juggling contractors that don't always provide quality work, let a property manager take over for you!
We conduct year-round, routine property inspections to stay ahead of maintenance issues and reduce repair costs. We also perform seasonal maintenance to prepare your rentals for every new season and keep residents comfortable.
The Right Property Manager Does It All!
To attract quality renters and guests while improving your bottom line, there's no substitute for expert Bradenton Beach property management services!
A local expert in vacation rental property management serves investors who own long-term rentals or vacation homes for rent. Gulf Coast Property Management is the right choice to handle every aspect of your rental properties while enjoying more income from your Bradenton Beach real estate investments.
When considering professional property management, make the right choice for your long-term wealth! Contact us to learn how our team of experts is the right decision to get more out of your Florida investment properties.
What People Are Saying About Us
This experience has been a pleasure from day 1. All of our concerns have always been dealt with in a very timely and efficient manner. We are being kept updated on everything happening at our property without feeling like we're being spammed.
Chelsea is amazing to deal with, she replies to and acts on emails faster than I've ever experienced with anyone else on the property market. Even a Friday evening 6pm has not held her back from communicating information between our tenants and us.
I had the pleasure of working with Laurie to find our new home and have Kelly as my property manager. Everything has gone better than I could have hoped or imagined. We began very stressed trying to find a home and when we came across the house we chose, Laurie was so kind during the showing and made everything so easy after that point. Kelly has been wonderful since we started living here and been super helpful with any questions we have. We are so happy this was our first experience moving into a home!
Scott has proved to be a personal, professional and people oriented person to work with. He spent time to look over things preparing for rental and I felt included through his listening and feedback. He responds promptly and courteously to handle questions in email. In fact I feel like he takes care of everything that I would do and more. I am in process of moving and he reduced my stress level by clarifying tasks that Gulf Coast could complete. He also thinks of things to do I didn't think of and seeks my approval before acting on tasks. He is a class act. My only complaint is that he showed up extra early for initial appt. but that is better than not at all or late! Overall I highly rate him as a welcome presence on Gulf Coast staff. I already feel part of their team with dignity and respect.
I've been very happy with the service from Gulf Coast Management! Very prompt if I need something fixed in my unit. Kelly Crawford always answers my emails and has been easy to work with! Excellent service!
As a long-term Plantation rental guests, my husband and I want to thank Elaine Dexter at making our visits a fantastic experience. Everything runs smoothly when she is in charge. She goes out of her way to handle any problem or concern (be it large or small) with a sense of urgency & commitment. You can tell that she truly cares! Looking forward to seeing Elaine in November, because I know that our visit will be a memorable one. We know we will be in good hands with no worries at all.
Want to Learn More?
If you’d like to learn more about our properties and what it’s like to work with Gulf Coast Property Management, get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.