When our house was a rental that was who we used.We use Lake Havasu Properties
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If you are after short term my advice above goes out...thats 30% plus from what I've seen but like others said you can do it yourself.
The air BnB next to me has calmed down dramatically after that first covid year.This is actually a really good overview of it. A lot of long term rentals converted to short and saturated it. Our neighbor who unfortunately short term rents their house, has a snowbird coming in for 5 months since it slowed down. Hopefully this eliminates the 3am mariachi music, and the retaliatory "Good Morning Vietnam" at 6am from our backyard audio that I can control from my phone here in TX.
I wouldn't bank on it being rented to cover your mortgage, if it happens that way great but that's a super shaky investment to make otherwise. Also invest in some good exterior cameras...as well as talk to your neighbors..seriously talk to them and try to be a good neighbor/landlord. Our next door neighbor in havasu torched any chance of us ever being friendly with him. We are cordial, but I'd never lift a finger to help him, nor offer him a garage beer, etc. He kinda pissed all over that with the airbnb deal renting to partiers, having our house broke into by one of his renters, beer cans going over our fence into pool etc. They used some company called evolve...they are worthless IMO.
Last year ours was rented around $1300. When our tenants moved in March of this year they had a hard time finding another house to move to.
My 1 year lease was up 15 months ago.Wife just informed me that she saw a house that is similar to ours. It is currently listed to rent for $2500.
Wife just informed me that she saw a house that is similar to ours. It is currently listed to rent for $2500.
Yeah I can’t believe the phone calls we got from people who stayed at the house trying to buy it for cash off market. There will definitely be some adjustment for the people who bought above their ability.
I don't like hearing this.
If you can’t swing the mortgage with your current income, getting over your head is a design for failure!
. Those tenants got the hint I think...
I've had to have more than one come to Jesus meeting with tenants while in town, one of which was reflected on their review site...guy was lucky he didn't get shot over being in my locked back yard when my wife, mom, and kids were in the house at 2am.
I have a duplex on the Southside....one longterm tenant (5+years at this point)...shes awesome, never have any issues..she pays the original agreed (far under market) rent...I'd never raise her rent...shes fixed income and takes care of the place big time. She's a friend of my mom's, and I've been friends with her daughter for 15 years or so. The other side is well over double her rate. I'd rather have her pretty much forever at this point vs a short term quick buck and deal with repairs/damage. You don't do good tenants dirty. I wish I could have every tenant be like her.
I pay early, am there less than half the time typically due to work, own no junkers, have no visitors, no kids tearing up stuff, no nothing that are typical renter problems.
White plates noted…lol
Yeah I’m know, but it’s true.
Ha ha. Been going to the river for years. It’s just not the”white plates”
Our initial plan when we were looking was to do AirBNB and then snowbirds in the winter. Ended up deciding against the weekend rentals and haven’t even rented to snowbirds yet as we have enjoyed going up in the winter. Hell at this point I’d almost rather do a summer bird rental and keep use of it in the spring/ fall.
We plan on renting our place to snowbirds next winter and possibly short term rentals on holiday weekends when we’re not usually there anyways and the rents fetch a pretty penny. We plan to use the added income to pay down the mortgage and hopefully pay it off within 10 years or less. Afterwards the extra income will be used to supplement our retirement travel
I’m sure, but next door to me it is.Ha ha. Been going to the river for years. It’s just not the”white plates”
I've had my tenant for over 10 years paying 1/3 of the market if that. She takes care of house I bought in 93
Are you guys in town?
Yes, we are. You have it backwards I owe you a few beers. LOL. It has been crazy busy and you had your surgery. But now things are freeing up a bit. When do you want to go grab a beer?
We have used Destination Havasu for our vacation summer rental house for many years. We are the renter each summer. We thought of buying in Havasu many times but other priorities came first. Brenda, Rachael, Don and their family have treated us very well thru the years.
It’s likely both. A lot of people who have rented their homes to snowbirds over the years have converted to AirBnB. The money is much better over the short 2-3 months most snowbirds only want to stay. Additionally they use to come to Havasu because rents were cheap for monthly rentals. So if you can actually find one the price has gone up on average 20%-40% higher than pre-pandemic prices.
That’s a hard pill to swallow on a fixed income!!I think it’s lack of inventory. I put my place on Zillow and got a renter for 3 months for my place in BHC. There wasn’t much inventory for rent back in September when I listed it and I was getting interest from people looking for a full time rental. I put it on there at what I thought was slightly over market at 2k/mo. Didn’t get any resistance on the price.
What Camera set up are you using ?
Ring Spotlight outside, indoor stickup. I had some internet issues early on but after installing a netgear modem and router combo unit instead of the Suddenlink unit I have had flawless coverage. Schlage wifi keypad lock for the front door and MyQ for the garage door.
Thank you
It’s likely both. A lot of people who have rented their homes to snowbirds over the years have converted to AirBnB. The money is much better over the short 2-3 months most snowbirds only want to stay. Additionally they use to come to Havasu because rents were cheap for monthly rentals. So if you can actually find one the price has gone up on average 20%-40% higher than pre-pandemic prices.
