Did you know that Santa Fe has over two million overnight visitors every year? Known as The City Different, this unique area of New Mexico offers plenty of tourist attractions and charm.
If you want to rent out your property, you need to know all about Airbnb management. Ready to dive in? Read on to learn more and get started with your short-term rental.
Know the Laws
Every state has different rules and regulations for short-term rental properties, so it is important to brush up on New Mexico's Airbnb laws.
For instance, in Santa Fe, you can only have one vacation rental unit per person. If you plan on owning multiple properties, this could be a hindrance.
In addition, your vacation rentals need to be at least 50 feet away from each other, which can limit the number of vacation rentals in large condo buildings.
Use a Property Management Company
Whether you live out of town, manage multiple vacation rentals, or simply want to lighten your workload, a property management company may be the right solution for you.
The property management company can handle guest communication, bookings and reservations, and repairs and maintenance.
One of the short-term rental laws in Santa Fe requires someone to respond to rental issues within an hour of the tenant's complaint. Therefore, if you are not able to do this, the property management company can help.
Make Your Listing Unique
When you set up your listing, it is important to attract potential visitors. Highlight unique features of the property, whether it is the unit itself or the amenities surrounding it.
The key is to make your rental stand out. Potential renters have many properties to choose from, so do everything you can to impress them with the initial photos or language in your listing.
Always Stay in Contact
Guest communication is one of the keys to getting good ratings and guest reviews for your property. When you respond promptly to your guests, it shows that you care about their experience.
Vacation rental software can help you easily respond to your guests. Or, use an app on your phone or give them your personal phone number to contact if any issues arise.
Use Professional Cleaners
The last thing you want to do after all that work is clean your vacation rental. A professional cleaning service can take that burden off of your shoulders.
Outsourcing your cleaning means you can book more guests in your short-term rental. Professional cleaners are more efficient and have better cleaning skills than average homeowners.
If you live out of town, a cleaning company may be your only option. When you establish your rental, give the cleaners a checklist to use so your property is sparkling.
Consider Airbnb Management Today
Has it always been your dream to own a short-term rental property? This guide to Airbnb management can help you turn that dream into a reality.
PMI Santa Fe is here to assist you with getting your short-term rental off the ground. Get in touch with us today to schedule a free consultation.
