
Invest in Flagstaff
Flagstaff is unique in the state of Arizona as it’s one of the only cities that experiences a true four seasons—and most of our visitors love each and every one of them. As a mountain town it offers adventures through all four seasons, from summer hiking trails to winter skiing and snowboarding. But Flagstaff offers more than just outdoor adventures, it also has great cultural spots in the city and world-class dining.
It’s this very four-season interest that makes Flagstaff unique: year-round bookings are the norm.
Investing in Flagstaff just makes sense
Perks of Short-Term Rental Property Investments
If you’re still not sure about investing in a short-term property, let’s ease your mind. Here’s a list of reasons why we prefer short-term rentals to long term rentals for our investors.
1. Higher Income Potential
Short-term rentals can generate more income compared to long-term rentals, especially in popular or seasonal destinations, as nightly rates are typically higher than monthly rates.
2. Flexibility
Property owners have more control over their calendar, allowing them to use the property themselves when it’s not rented out or adjust availability for personal reasons.
3. Diverse Guest Base
With a short-term rental, you get a variety of guests throughout the year, reducing dependency on a single tenant. This can also reduce the risk of tenant-related issues.
4. Better Maintenance
Frequent turnover means you can regularly inspect your property and address maintenance issues promptly, keeping the property in good condition.
5. Seasonal Price Adjustments
Owners can adjust pricing based on peak seasons or events in the area, maximizing profits during high-demand periods.
6. Fewer Legal Restrictions
Long-term rentals can involve strict tenant rights and eviction processes. Short-term rentals typically operate under different rules, allowing owners more flexibility in managing guest stays.
7. Potential for Personal Use
If you own a short-term rental, you can still enjoy the property for personal use when it’s not occupied, turning it into a vacation home when needed.
8. Faster Turnaround on Problem Guests
Issues with short-term guests can often be resolved quickly, as they will leave in a few days. With long-term tenants, resolving problems can be more drawn-out.
9. Clean, Squeaky Clean
Short-term rentals have the highest standard of care of any investment property. In order for stays to go smoothly it has to stay in tip-top shape and is cleaned often.
10. Opportunity for Upselling
Short-term rentals allow you to offer additional services, such as cleaning, local experiences, or equipment rentals, which can increase income.
11. Favorable Tax Deductions
Many regions offer tax deductions or incentives for vacation rental properties that aren’t available for long-term rentals, such as deductions on furnishing, cleaning, and management fees.
12. Higher Demand in Tourist Areas
In areas popular with tourists or business travelers, short-term rentals are in high demand, allowing for consistent bookings and higher profitability.