South Lake Tahoe is northern California’s tourism darling. It sprawls casually across nearly five miles of pristine waterfront property along the southern shoreline of Lake Tahoe, one of the world’s ten deepest freshwater lakes, and is squarely situated in the historic and picturesque El Dorado County. South Lake Tahoe offers stunning visuals, scenic hiking trails, numerous seasonal winter and summer activities available year-round, and luxuriously furnished rental properties with a pleasantly rustic aesthetic.
In fact, the vacation rental scene within the South Lake Tahoe real estate market appears to be all but recession-proof. While there is some fluctuation in tourism between the winter and the summer months, South Lake Tahoe receives tens of thousands of visitors at any given time… year-round. During the height of the tourism season, there may be hundreds of new vacationers arriving at any given time. South Lake Tahoe sees ample tourism from elsewhere in California, from across the United States, and from many other locations worldwide. People from all walks of life choose to spend their time in the greater South Lake Tahoe area… and each and every one of them requires appropriate accommodations. Some people wish for rustic lodgings, such as cabins and themed resorts, while others are simply after a more characteristic suburban experience – closer to the center of South Lake Tahoe proper.
An investment in residential real estate within the South Lake Tahoe region would be a sound expenditure. There are numerous property management firms in the immediate area which would be able to manage all aspects of your rental agreement: from finding upstanding renters, to collecting on your rent, to managing basic everyday maintenance, repairs, and upkeep through well-established networks of local service professionals – individuals who offer their services to the property managers at a discounted rate, due to the steady flow of work with which they are provided as a result. These firms are accustomed to handling large volumes of traffic, and filling a variety of different properties. Regardless of the size or location of your rental property, there will be someone filling it year-round… and all you’ll need to worry about is collecting each check as it is mailed to you.
The use of a property management firm comes highly recommended in general, for a variety of reasons. On top of those already discussed, they have the ability to process background checks in batches; they can ween out potential renters with a history of causing property damage, using drugs, or skipping out on rental payments, and they can do so with an efficiency which the private landlord generally cannot approach – neither reliably, nor inexpensively. Property managers are also quite capable of identifying small ways in which a property might be improved or enhanced, thus increasing its value – and boosting the amount of money which might be expected in rent. It is not uncommon for a property management firm to effectively “erase” the cost of its services, generally through a combination of property value enhancement and savings on repairs and maintenance.