The town of Asheville has quite often been acknowledged as one of the United States’ top vacation destinations, and if you are looking at vacation properties here, you probably already know this. The problem with popular vacation destinations, however, is with popularity comes elevated prices, and you know that you will need to be very careful if you want to make a profit from this type of investment, a fact that might give you pause enough to consider not signing on the dotted line. We at Mighty Tree Properties, however, know the secrets to a successful vacation rental investment, and we would like to invite you to explore why choosing the right vacation rental property management company may be at the top of the list. This guide to 10 reasons you should consider Mighty Tree as your Asheville Property Management Company will help you sign your name with a flourish, no hesitation at all.
With Keys in Hand
The papers have been signed and you now hold the keys to your profitable future in hand, something that can be quite a daunting experience. But you walked into our office that day and now it is time for us to put our money where our mouths are and show you how we will stand beside you from the first unlocking of the door until the day you decide that your investment has served its purpose. In these early days, there are a lot of details to consider, starting with the appeal of your investment. If you did it the way most of us do, purchasing the worst house in the best neighborhood, you definitely have some work ahead of you, and we are here to advise you against that paint that looks like mud, to encourage you to choose a king bed for the main bedroom, and to take the pictures that will show your investment at its best angles. We can help you maximize the spaces in your property, setting up the rooms so that you have the room for more guests, bringing in more money and starting your journey as a vacation rental owner with a bang!
All the Views
Now that the layout has been determined, the colors have been chosen, and the pictures have been taken, it is time to get your rental out there in the public eye. We have been doing this for more than a few minutes, and we know the biggest secret to no empty beds is to get all the views, and our multilevel marketing plan does just that. Your home will shine on social media sites, will charm on all the big and small vacation rental websites, and will make everyone scrolling fall in love with the idea of an Asheville, North Carolina vacation spent cozily ensconced in your profitable vacation rental. The market is a competitive one, especially in a town as beautiful and welcoming as ours, and your home deserves to be seen by all the travelers heading this way.
We Do the Research So You Don’t Have To
When you choose a vacation rental property management company, you aren’t just choosing someone to take care of the rentals and take the money. You are, or should be, choosing the company who understands all the details of the market, one that researches every little detail, learns the fluctuations, and changes direction accordingly. Just because May rentals are running for one price, it doesn’t mean that in June all that will change, and we take care to monitor all the changes. We understand that if you charge too much for a night in paradise, travelers will keep scrolling, and if you don’t charge enough, you might as well open the window of your car and start tossing the dollars out onto the street. We believe in the Goldilocks train of thought, and we do the research to ensure that every tenant feels they have paid just the right amount of money for the privilege of staying in your investment. And at the end of the day, you get the privilege of taking home the top market dollar.
Asheville Isn’t Your Home
Another secret for a successful vacation rental has to do with its location. Choosing a house in Cleveland, Ohio may get you some tenants, but the numbers pale in comparison to what you can expect from an Asheville sanctuary. But what if you don’t live in Asheville? Should you turn your back on what we hope was a truly excellent deal and keep your search within the city limits of your hometown? Absolutely not! This is yet another reason you should choose any vacation rental company, but of course, we think you should choose ours. We live here, we work here, and we play here, which makes us the natural concierges, sharing our love of the area with your guests who will be so happy to learn from us, they will remember their experiences in your property and seek it out again on a return vacation. We can give them goosebumps by telling the story of Helen’s Bridge, reputed to be haunted by a forlorn mother who lost her daughter in a fire and hung herself from the bridge, or we can guide them in the direction of Pack’s Tavern, a thoroughly modern taproom tucked away in a historic brick building, bringing goosebumps for another reason altogether.
Maintaining Your Largest Investment
We could be wrong, but we are going to guess that this property is one of the largest investments you have ever made, and to keep it working for you in all the best ways, our maintenance team will ensure that your property isn’t just charming and inviting but immaculately preserved, with every appliance doing its appliance thing and every piece of equipment continuing to do what it is meant to do. Air conditioner will cool the air, dishwashers will clean the dishes, and yes, that pool pump will ensure that your pool stays clear, clean, and oh so blue. Our maintenance team, which will be your maintenance team, is the best in the business, and with them on your side, your spaces will continue to run smoothly for as long as you need them to. It’s a proven fact that regular upkeep will extend the life of your mechanical systems, saving money in the long run, and we at Mighty Tree are all about saving money!
Cleanliness Is Vital
Obviously, keeping your rental pristine is one of the most important things you will do when it comes to keeping it rented, and keeping it company clean can be a full time job, one that our housekeeping team is definitely up to the challenge. You could clean it yourself—this is one area that doesn’t really require any special training—but remember, this isn’t your house where a stray sock or dust on the top of a high bookcase just doesn’t matter that much in the grand scheme of things. Imagine what you would feel like if you found a sock under the bed, a dirty dish stacked in the cabinet, or even a used coffee filter filled with grounds still in the coffee maker. Chances are you would be making tracks to another rental, one where the owners consider the importance of cleanliness. Our team cleans before and after guests, and because they also know what to look out for in terms of problems, they can be our first line of protection against a surprise breakdown of dishwashers or televisions.
Technology Helps
Once upon a time, rental advertising consisted of nothing more than flyers hung to the wall of a local real estate office and large page ads in the yellow pages, but today there is a whole world of electronics out there, all designed to make vacation life easier, advertising more successful, and opening that front door can be done with the pushing of some buttons. We spend a lot of our time researching technology as well, constantly on the lookout for new ways to enhance the vacation rental experience, and over the years we have definitely explored the good, the bad, and the ugly. None of the ugly will be found in your vacation rental, but you will find exciting owner portals designed to help you keep in touch with us, top tier ways for booking your space, and many other examples of the best technology for the vacation rental world!
Ignorance of the Law Is No Excuse
You don’t have to be an experienced owner to understand that vacation rentals aren’t always the most popular businesses in the neighborhood, and as such, new rules, regulations, and laws are appearing on the books every day. It can be a full-time job keeping up with all those rules, and an expensive mistake if you don’t have knowledge of one. Ignorance of the law is no excuse, and we make studying the rules, regulations, and laws a regular part of our job, learning something new nearly every day. For instance, did you know that the city of Asheville has largely banned new home vacation rentals unless they are in a designated resort? This is a fact you may need to consider when you first start searching the market for an investment property, and if you choose to partner with Mighty Tree BEFORE you actually sign on the dotted line, the most expensive blunder of your life.
You Need Your Sleep
Have you ever noticed that emergencies rarely take place during standard business hours? Storms that cause trees to keel over, accidents that cause electricity to go out in an entire neighborhood, even well-maintained water heaters will decide to give up the ghost in the wee hours of the morning, and when you own a vacation rental, someone has to be on the other end of the line. Not only do you need to be able to answer the call, but you also need to be awake, aware, and able to come up with some kind of plan, no matter that you have only had about two hours sleep. When you partner with a vacation rental property management company (May we suggest Mighty Tree for your Asheville needs?), you can continue to sleep deep and peacefully as our staff answers the call, fully awake and ready to ride to the rescue. Unless the incident is something major, we will resolve the problem and make you aware of the issue and the efforts we made to take care of it.
The Bottom Line
Everything we do for our owners is directed at making the bottom line a big one. All those hours of research, all those years of experience ensure that your ROI (return on investment) will be exactly what you dreamed it could be, or maybe even bigger! And yes, that may involve spending more in the beginning days, springing for the king bed for the primary suite, purchasing a new television from the store, not getting one off Facebook Marketplace, or painting the entire exterior of the house, not just the trim. This initial output of money will give you the opportunity to charge premium prices per night, bringing in more money in the long run, giving you the ticket to Easy Street that you have always dreamed existed.
Join Our Asheville Property Management Company
Our owners are more than just the people for whom we work. They become a member of the Mighty Tree family, and when your dreams come true, it means our dreams will come true as well. We take care of your investment as if it were our own, and we cheer for your success as if it were our own as well. There are a lot of vacation rental property management companies in Asheville, as you might expect from such a popular vacation destination spot, but only Mighty Tree will make you feel like family!