Once you hire a St. Augustine property management company, most of your work—aside from adding up the additional dollars in your bank account—is done. But there are a few things you should do to prepare before handing over your property to the people who will work very hard to keep it rented, and we have listed what should be done below. It may seem a little daunting at first, but just keep the end goal in mind: living your golden years with no fears of being penniless!
How Clean Is the Property?
Yes, property management companies in St. Augustine, FL have services that we hire for you to keep it clean, but if you bought a real deal that is filthy and smells funny, it might behoove you to do the initial cleaning yourself. The dirtier the home, the more the housekeeping service will charge, and you should probably save your money for more important things like repairs, furnishings, and amenities.
Is the Property in Good Shape?
Broken windows, shoddy cabinetry, asbestos tiles, and holes in the walls may have meant you got a terrific bargain on your investment property, but it can make it difficult to rent out. If you’re not handy, hire a contractor that can handle the work; we can provide you with some names if you don’t know the area. And remember, custom cabinetry, wood floors, granite countertops, and jetted tubs may hike up the initial outlay, but the higher rent you can garner and the money you save by not having to re-invest early will end up earning you more in the long run.
Is the Home Appealing to the Eye?
Hiring a decorator and investing in quality furnishings and electronics will make it easier for us to photograph and then rent out the property for you. People like to be spoiled, and oversized fluffy white towels, deluxe mattresses with high thread count linens, and elegant and classy furnishings that are both sturdy and beautiful not only photograph well, they will be something your guests remember next year when they are looking for a vacation rental in St. Augustine again. Interior designers are experts at staging a home to look its best for the photographs needed when advertising. Again, the initial costs may seem prohibitive, but it won’t be long before you have the most desired property in St. Augustine and are able to charge premium rents that guests have no qualms about paying!
The Ocean Gallery
Ocean Gallery’s property management services are among the best in the industry. Schedule a meeting with us today to get the best property management in the area and be on your way to owning the most popular vacation rental in all of St. Augustine. The initial work and money involved will definitely be more than worth it in the long run!