Purchasing a vacation property in Sedona can be the best thing you ever invest in, or it can be an unmitigated disaster as you venture into a business for which you are woefully unprepared, but there are ways to ensure that the latter does not happen. You already have the advantage as Sedona is ranked as the number 12 top vacation destinations in the United States, and if you are willing to work hard, do your research, and be prepared to spend a lot of extra time getting your property in rental order, you should do just fine. Or you can take the easy way out and choose Mighty Tree Properties for your vacation rental property management needs and sleep easy every night as your investment coffers continue to grow! This list of the top 10 reasons you should pick us for your Sedona property management needs will help convince you.
Reason Number 10: You Have a Life
There are more details involved with investing in a vacation property than you might have realized, and if you are willing to devote many, many, many hours toward keeping it running at top levels, you will be successful. But we know you have a life and probably a full-time job that keeps you busy at least 40 hours out of the week, and you may not have the time or energy to spend on keeping a property rented. That is all we do at Mighty Tree, and because we consider it our job to ensure your investment is a successful one, you can spend more time with the family, more time engaging in leisure activities, and no time at all worrying about whether your investment is truly working for you. Your life will go on pretty much as it always has, with the added bonus of those extra dollars settling into your bank account every month, and we can’t see what would be wrong with that!
Reason Number 9: We Know the Secrets Behind a Popular Vacation Rental
You have already chosen one of the most popular vacation destinations in the nations, so you are about halfway on your way towards success, but let’s talk design and space management. No one will want to rent a place that still has its original paint job and furnishings from the 80s, no matter how popular retro is today, and if you choose to make a bedroom an office space, you will be edging yourself out of the more sought after larger rental market. 3 bedrooms and a den sounds wonderful in its abstract form, but 4-bedroom homes garner higher rent, and you can always use that open landing space to hold a desk or tuck one away in a larger bedroom, appealing to the work from home traveler and the larger family. We know the paint colors that repel guests, and we know how to take the pictures that show off the best elements of your space, causing your listing to jump off the page and into the hearts of travelers.
Reason Number 8: We Care for Your Property as If It Is Our Own
There are property management companies that are solely in it to make as much money as they can, and quite frankly, to them your home is nothing more than dollar signs. We want you to make the highest return on your investment, but we will never do it to the detriment of your property. We have a maintenance team on hand to ensure that your dishwasher washes dishes, your air conditioner cools the air, and the fireplace flue is in perfect working order. We have team members in the area who will check in on your property after big storms and our housekeeping teams are trained to keep an eye out for details that other companies miss—a small leak around the toilet in the bathroom, a minor crack in a back bedroom window, or a tile that may have broken in a corner by the door. They inform us so we can arrange for our maintenance people to get in and take care of the problem before it gets any bigger, potentially costing more. We care for your property as if it is our own and a well-maintained home is one that will be rented out most nights.
Reason Number 7: We Do the Research
The vacation rental market is a fluctuating one, and if we didn’t continually research and follow that market, we could be costing you money. Charging too little may get the property rented more, but at what cost financially? And charging too much will chase away potential renters, leaving open nights and deficits in your bank account. We follow the Goldilocks method of choosing rental fees, studying the market and charging an amount that is just right, encouraging all the tenants to fall in love with your home. We also research where the best neighborhoods are, in case you are just now starting the search and want to choose a property that will rent at a higher price, and we know where to get all the deals when it comes to designing, decorating, and furnishing your home. One area we may not advise you to go inexpensive on, however, is the amenities you will provide, knowing that even if you have to expend a little more in the beginning, the end numbers will definitely be in your favor!
Reason Number 6: Legal Compliance Is Vital
The laws, rules, and regulations of vacation rentals vary from town to town, state to state, and country to country, and ignoring them could lead to huge monetary sanctions that will take a bite out of your ROI or even lead to you not being able to rent out your property ever. As a matter of fact, Article 9 requires owners to obtain and maintain a local regulatory permit, and sanctions can be costly if disregarded. Another rule you may not know about is the requirement for a TPT license, a transaction privilege tax license, that must be obtained for every short-term rental, even if you just rent it for a single day; this TPT license is not necessary for rentals that are over 30 days, though, perhaps earning you a little more money in the long run. Additionally, just as the market fluctuates, so do the rules and laws, and changes often happen during every election season. Do you really want to follow all the changes that closely? We didn’t think so, and that is ok, as we consider it part of our jobs to be knowledgeable and proactive about every change that may occur on a month to month basis.
Reason Number 5: Streamlined Financial Management
There are a lot of numbers involved with vacation rentals, and we offer the opportunity to streamline those numbers, handling expense accounting, rent collecting, and account reconciliation so you don’t have to. Offering direct deposit for your income and a clear accounting for every penny expended in the effort to keep your property in tip top condition is actually fun for us. We love numbers, and we love taking the onus off our guests. And because we believe in transparency, you will never have to feel the fears that follow the old proverbs “out of sight, out of mind!” You will have 100% knowledge of everything involved with your investment every minute of every day, and if you have a question about anything, you have all the ways to reach us to ask. The best part is knowing you will receive your answers in a short time, enabling you to continue on your merry way feeling safe and secure with the business that surrounds what is potentially the largest investment you will ever make.
Reason Number 4: Professionalism Matters for Sedona Property Management
Have you ever eaten at a restaurant where the server sits in the booth next to you while taking your order, pretending that you are the most interesting person they have ever met? The vibe is false and unprofessional, and unless the food is something you really love, you probably will never go back, and the same thing goes with vacation rental management companies. Sure, we want your guests to feel at home when they stay in your property, but if we were less than professional, the chance that they would be uncomfortable could be problematic. Professionalism matters both with potential tenants and the owners we work for, and when you choose Mighty Tree Properties, you will appreciate our professional attitude and demeanor, feeling that your investment is in good hands. And you would be right!
Reason Number 3: Better Guest Experience
You may not even live in the area you have purchased your investment in, and as such, you may have to rely on what you read on the internet to give your guests a good vacation experience. Travelers demand more from their accommodations these days, and because we know the area, we can act as concierges, either through our SEO work, or by answering their questions on the phone or by email. We can guide them to the restaurants the locals eat, the vortexes that are supposed to be the most powerful, and to where they can find genuine Old West experiences they will never forget. We love the Sedona area as much as we love the vacation rental business and we can’t wait to share our love with all those who flock to your doorstep, giving them an experience they may want to repeat time and time again and leading to repeat business for your property!
Reason Number 2: Those 2 AM Phone Calls
We will work hard to maintain your property—remember, we treat each one we manage as if it were our own—but emergencies happen, and they rarely happen during regular business hours. This fact correlates with number three, giving travelers a better guest experience, because if that storm sends a branch through a window at 2 AM or the water heater suddenly gives up the ghost right before they have to shower to start their day, it is our team that will take the phone call immediately, resolving the situation in most instances before notifying you at a more reasonable hour of day. If the emergency is an expensive one, we may have to contact you for permission to spend a little more money, but 99.9% of the time, you can sleep through the night, perhaps dreaming happily about how you are going spend all the money you are making from your most important Sedona investment.
Reason Number 1: All These Facts Add Up to a Higher ROI
Individually, each item on the list may not seem like a whole lot, but when you add them together, you will find that you can receive a substantially higher ROI on your investment than those who didn’t take the initiative to look into our services. We do not consider ourselves a success unless you are 100% thrilled with the work we do and the ROI we make for you. Remember, we love numbers, and the higher numbers are our favorite, ensuring that when you choose Mighty Tree Properties for your vacation rental property management needs, you are choosing a big return on your buck! We have been in the business for more than a few minutes and over the years we have continued to learn everything that will make your Sedona property earn more than the average and we can’t see any downside to that. Can you?
Give us a Call Today
There may be more questions you have for us, and although we tried to cover everything we could, there are always more reasons that prove choosing our Mighty Tree Properties property management services is the best thing for your investment. Write down your questions so you don’t forget them and give us a call today. It’s time to make your Sedona investment the property all the travelers want to rent!