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STARTING A VACATION RENTAL BUSINESS IN LAKE TAHOE

Updated: Nov 6, 2019



Lake Tahoe is the largest alpine lake in North America with depth of 1,645 ft (501 m), making it the second deepest in the United States. Lake Tahoe is a major tourist attraction in both Nevada and California. It is home to winter sports, summer outdoor recreation, and scenery enjoyed throughout the year. Snow and ski resorts are a significant part of the area's economy and reputation.


As the years Lake Tahoe is becoming more and more popular, more people begin to ask me about doing short rental business in Lake Tahoe. Today, we will talk about it more on this piece of magic mountain Lake, the pure land - Lake Tahoe.


First of all, there is no doubt that the growing popularity of Lake Tahoe is associated with its advantageous geographical location.


The lucky Lake Tahoe


Credit: photo from the Internet


Lake Tahoe straddles the state line between California and Nevada, west of Carson City. It is the largest alpine lake in North America. Its depth is 1,645 ft (501 m), making it the second deepest in the United States.


California accounts for about two-thirds of the whole scenic area. The scenic area is about 200 miles from the bay area, which is about a 3.5-hour drive. Lake Tahoe is surrounded by mountains and scenic spots. This unique geographical location makes this snow season can be absolutely guaranteed, making Lake Tahoe becoming one of the best skiing places in North America.



In addition, The Nevada side also offers several lakeside casino resorts, with highways providing year-round access to the entire area. Making people not only able to experience the beautiful natural scenery but at the same time the gambling.


Entertainment in Lake Tahoe


As is known to all, Lake Tahoe ski resort is famous in the world, around dozens of ski resorts in Lake Tahoe, the Lake Alpine Meadows snow ski resorts' snowfall is over 500 inches, and the south Lake Kirkwood ski resorts' snowfall is up to 600 inches, is one of the most popular ski resorts in the world. In addition to a wide variety of skiing, Lake Tahoe also offering different kinds of adventure things for people, such us skiing sleigh, snowshoes, etc.,


Credit: photo from the Internet


Many people may think Lake Tahoe is only good for the tourist in the winter season. However, It's not true. Lake Tahoe is good for all year round!


Winter scenic area mainly associated with snow, and water activities will not open, but in Summer, Lake Tahoe will become a paradise for hiking, mountain biking, zip line, beach volleyball, ATV, parasailing, yacht, kayaking, snorkeling, rafting, golf, and more.


Stay in Lake Tahoe


With the improvement of service quality and professional level of ascension in the short rental business, more and more tourists may prefer to choose a cabin/vacation home rather than a hotel. The traditional hotel is becoming more and more of a priority for business travel. The main reason is that various cabin can make tourists have more independent and comfortable space, varied and more options and fun. Also in the popular scenic area, with the same building area, the price-to-value of cabin is often better than traditional hotels. As for this Lake Tahoe is no exception. No matter you are in the warm beautiful summer forest, or noble winter snow mountain, there is a wonderful enjoyment experience to stay in Lake Tahoe cabin.


Credit: photo from the Internet


There are about 150 different classes of hotels around the lake, while hotel rooms account for about 78% of the whole scenic room quantity. There is lots of potential for short rental market share to improve, the overall trend of the short rental market has been rising steadily. The cause of the rising trend is because the short rental vacation home provides more and more internal facilities for tourists.


In some large vacation homes, they even provide private cinema, wine bar, pool table, table tennis, shuffleboard, and hot tub, making sure visitors have the perfect experience.


Important Tips for Airbnb Host


As more and more Airbnb hosts doing short rental business in Lake Tahoe, problems and questions may arise.


Q: Are properties in Lake Tahoe good for investment?


If the investment is aimed solely towards return on investment, we probably not suggest it because there is a huge difference between the peak season and off season. Vacancy rates are hard to improve through price adjustments.


But if you want to enjoy the vacation life in Lake Tahoe, especially love the beautiful scenery, we strongly recommend you to invest a vacation home at Lake Tahoe. You can earn extra money by doing a short rental business when you are not staying in your property. If you are afraid of all the hassles operating by yourself, homeowners can professional vacation rental managers.


Lucas Rentals just started our service coverage to Tahoe area around the lake.


Q: As a host doing vacation rental business in Lake Tahoe, is there something that needs our attention?


In a place like Lake Tahoe, where is special popular scenic spots, we recommend the host provide some travel tips when communicating with the clients online, such as things to do, food to eat, etc., in order to improve the guest experience. For guests staying in the snow season, we suggest that the host timely remind customers to pay attention to the weather forecast and prepare the right way to commute.


Because the road is icy in winter, the police may occasionally check the vehicle. When this kind of weather happens, if your vehicles are not all-wheel-drive or without installing the snow chain, your vehicles may be banned from driving in the scenic spot for the security reason. If the host informs visitors of these considerations in advance, it may effectively avoid some refund disputes cause by whether issue.


Q: Is there something that needs the host's attention of the property if doing vacation rental business in Lake Tahoe?


First of all, the heating system is essential in Lake Tahoe, a good heating system can not only have the advantage in the vacation rental business in Lake Tahoe but also it is a quality assurance for the homeowners itself vacation.


Pay attention to the following:

1. Schedule an appointment with local HVAC technician to inspect the heating system between late October to early November, to prevent any problems during the Winter months.


2. Have an electric heater in the house in case the heating system is not working.


3. The central heating system in the winter needs to open consistently. If not, the heating pipe may crack by frozen which affects use.


In addition, to shovel the snow is one of the necessary preparations in winter for the host. We suggest that the host prepare some coarse salt in the garage. Guests can use in a timely manner.


At the same time, it is worth reminding that in the Lake Tahoe area, the house with the outdoor Jacuzzi will be very popular during the winter season. For most of the tourists who come to play with snow, spending a day in the snow and ice in the daytime, return to the room at night, watch ing the snow falling, and relaxing in the incomparably warm jacuzzi, this is the best experience of the holiday.

Credit: photo from the Internet


For the peak season of Lake Tahoe, the rent for the cabin/house in Thanksgiving and Christmas to New Year can range from $500 - $5000. So here we remind all the hosts, be sure to prepare in advance, so to avoid huge financial losses because of HVAC malfunctioning!


Above are some simple introductions to Lake Tahoe and tips for the host. If you currently have a property in the Lake Tahoe area and you plan to make a short-term rental during the idle period, you can contact us for more info.


Now Lucas rentals are starting to do the Full Cohosting & Vacation Rental Management Services.


What Services We Offer:


- House Cleaning

Vacation Rental Services

Construction Cleans

Daily/ Weekly Maid Service

Deep Cleans

Snow Removal


- Concierge

Shopping

Wood Stacking

Flower Arrangements

Home Event Set-Ups


- 24/7 Emergency On-Call


- Storm Inspection

Provide checks on homes after large storms


- Spa Service

Available only in the South Lake Tahoe / Stateline Area


- Christmas Tree Delivery and Set-Up

Tree delivery

Tree stand

Set up & tree decorations

Tree removal & disposal


Please email us at lucasrentals@outlook.com or call +1-415-297-9064 for more details.

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