Real State Services In Naples To Get Luxury All Around
My parents-in-law owned ‘STRs (Short Term Rentals) decades before Air B and B was even a thing. We had the luxury of vacationing on Outer Banks (OBX), NC for many years. They owned 3 beachfront properties at one point it is possible because we choose the best Real State Services in Naples. (yes we were spoiled with an amazing ocean view and the beach being our backyard!). I learned a lot about investing, real estate, short-term vacation rentals, and property management from my very successful parents-in-law and their experience with investment properties. That experience is INVALUABLE to my buyers as I am well versed in investment properties AND property management!
I handle sales as well as many rental properties. I know the rental market very well and it helps me navigate our local market which can be confusing! We are a seasonal town, we have HOAs which have different rental rules and restrictions. All of that requires local knowledge when you are looking for a true investment property. Not every property is a great candidate for a successful rental.
If you already own a property here in Naples and surrounding areas or looking to buy one…read on (yes it is a long post but lots of good info I’m sharing).
I feel that many people don’t understand our market and when they buy to rent, they are not properly informed.
Questions I hear very often:
1. I have a condo I use myself in winter and I’d like to rent it out while I’m not here in the summer. Can you get me a renter from April to December?
A: Most people don’t vacation in FL past May (if that). The demand is much lower and the supply is very high.
Now that the covid-induced insanity is over, we are returning back to ‘normal’.
Off-season renters have a lot more options so you will have to reduce the price to get interested. Off-season rentals are NEVER guaranteed.
2. I bought a condo/townhome/villa and I’m furnishing it – I want to get a ton of $ in season and then rent it off-season.
A: See my answer above…off-season rentals are never guaranteed! lower demand, high supply.
3: Should I furnish my rental property? Best Real State Services In Naples
A: Really depends on what kind of property it is but if you’re NOT planning on using it, condos/townhomes/ villas or most non pool homes with HOA restrictions may be better off as an ANNUAL UNFURNISHED rental.
4: But WHY should I NOT furnish my rental? I’ll get SOOO much money ? in the winter!!!
A: You will spend 15-30k furnishing your property. It will rent well in ‘season’ but then off-season comes and…you’re one of many vacant properties competing with many others (see the answer to question 1)
5: Why can’t I Air B and B my beautiful furnished property?
A: Air B and B is a platform and not a verb. It implies SHORT TERM RENTALS. with many HOA restrictions, you can’t truly rent it as short term ( 2-3night minimum)
6: Ok miss know it all…what should I do with my property?
A: Annual UNfurnished will give you a steady and guaranteed monthly income. Even if you get a lot more in the winter, it all balances out if it’s vacant off-season.
Best SHORT TERM rental properties are
NO RESTRICTIONS ON POOL HOMES.
They have more demand in the summer months than those who rent for 30 days plus. Even 7-14 day rentals are in lower demand. People tend to come here for long weekends in the summer.
Short-term rentals are basically a home or any space which is available for a short period of time for a week, month, or for a few days or weeks. Naples Vibe Realty offers you the Best Real State Services in Naples with a fully furnished living space for your residential living or for your workspace at an affordable price.
Before purchasing any property it is very difficult and tricky to choose the Best Real State Services in Naples that can help you to make your short-term rentals (STRs) investment valuable.
