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Mountain Living Real EstateMountain Living Real Estate

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Renting My Home in Summit County

Renting my homeMany properties in the Summit County area are second homes. That means the owner doesn’t live in them full time so they sit vacant a lot. Many homeowners will rent out their properties when they aren’t using them. Short term rentals provide additional income and give owners the comfort of having someone in the property without compromising their own time in the property.

Managing short term rentals

Short term rentals can be managed in a variety of ways. An owner can hire a property manager to manage the property full time. The owner just receives a check for any revenue. Or, on the other end of the spectrum, the owner can handle all the rentals themselves and keep all the revenue themselves. Many owners land somewhere in between; handling some of the rental process themselves and having a property management company handle the rest of it.

Projected rental income

When purchasing a property, if you plan to rent it out, it is beneficial to know what type of rental revenue it can generate. There are so many factors that play into the rentability of a property. Things like location, size, and amenities are very important when calculating rental income. We can provide actual rental numbers or projections for you for specific properties you are interested in to help you determine what would be your best option. As a general rule of thumb, you can anticipate a property to generate 5% of the purchase price in gross rental income annually.

What makes a good rental?

Hot tubs are good for rental propertiesWhen buying a property with the intent to short term rent it’s a good idea to select properties with some desirable rental qualities. Properties with private hot tubs or access to a common hot tub are more popular rentals. Two bedroom, two bath properties are the most popular size. In town properties will demand higher rental rates and be rented more often but they will also cost you more. An out of town property will still rent but probably not as often or for as much. Properties on a bus or shuttle route are popular. A property can be even more appealing if no car is required for the stay and an airport shuttle is utilized.

Property management recommendations

There are a lot of short term property management companies in Summit County. We are familiar with many of them and can provide specific recommendations depending on the location and type of property you own. See a general list of management companies here.

About Us

Mountain Living Real Estate, a.k.a. The Mountain Living Team, is a family owned, second generation, real estate company that has been helping buyers and sellers in Summit County since the early 90’s.  Mountain Living Real Estate is committed to going above and beyond to ensure their clients have the most amazing real estate experience possible.  Jason & Meredith take a personal approach to educate their clients, empowering them to make high quality decisions no matter the situation.  They take exceptional care throughout the sales process and beyond; striving to make each client’s path in Summit County one filled with fun, excitement & great memories.

Work with Mountain Living Real Estate and you’ll understand why so many people say, “We Love Mountain Living!”

Testimonials

We were most impressed with their team work and insights. We enjoy working with Jason & Meredith. We trust them and know we can count on them. This is our 6th transaction with Mountain-Living!

David from Evergreen June 16, 2022

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Brad was most impressed with Jason for his honesty. He could think of nothing that he should or could have done to make the transaction better.

Brad from KS May 3, 2022

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Contact Us


Jason and Meredith Adams

Jason & Meredith Adams
Mountain Living Real Estate

101 Main St, #109, PO Box 4115 Frisco, CO 80443

(888) 666-0844
team@mountain-living.com

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Jason & Meredith Adams are both licensed to sell real estate in the state of Colorado

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