Remove all the hassle of renting out your Salt Lake City property by utilising the services of an expert management company.
A view over Salt Lake City (Photo: Andrew Smith via Flickr / CC BY-SA 2.0)
With Airbnb properties dominating the short-let market, airbnb management companies are the most prevalent type of management service available. But whether you’re listing your property on the American short-term rentals behemoth or anywhere else, enlisting the help of a dedicated property management company is a great idea. These specialists can take care of everything from start to finish, leaving you to reap the benefits of a regular passive income. If you’re looking for a property management company with operations in Salt Lake City, we’ve picked out two of the best below.
Ziprent
Established in 2017, Ziprent has quickly earned a solid reputation in property management circles. They use cutting-edge tech to make the whole process of property management smoother, saving property owners both time and money. This tech-focused approach boosts property value as well as making it easier to find the right tenants. Their pricing starts at $1,250 for tenant placement, and if you want ongoing management, it’s $125 per month. When it comes to rental income in Salt Lake City, it largely depends on the location and property size. For example, a 2-bed house in the vibrant Ellie Community averages around $2,350 per month, while the same size house in a less desirable neighbourhood such as Glendale or Yalecrest you’ll be looking at closer to $1,700 per month.
Utah’s Best Vacation Rentals
Since 2008, Utah’s Best Vacation Rentals have been a top choice for vacation homes across Salt Lake, Park City, St. George and Moab. They offer a diverse portfolio, from luxury estates to ski condos, catering to every budget and occasion, with an expert property management team ensuring homeowners maximise rental income while guests enjoy a seamless stay. Services include short- and long-term rental management, strategic marketing and exclusive guest services, including rental cars, ski passes, private chefs, and in-home massages. Their property management fees are performance-based, typically ranging from 10% to 25% of your gross rental income, depending on the level of management services selected. As for rental income, on average, their vacation homes generate $40,000-$60,000 in gross annual revenue at an average year-round occupancy of 40-60%.