If you’re looking for a high-quality property management in the Palm Springs area, you’ve found it in Luxsy Palm Springs! Perhaps you’ve been renting out your Palm Springs property as a vacation home and are looking for a better property management company that can increase your rental revenue, or maybe this is your first foray into looking for a home that you want to turn into a vacation rental when you’re away. Either way, Luxsy Palm Springs has you covered! Our high standards go beyond your typical property management company, and we can do everything from listing your home on major booking sites to setting up a professional maintenance program. When you choose Luxsy Palm Springs for your Palm Springs property management, you get our personalized services that go above and beyond to get you the most rental revenue possible!
Explore Your Home’s Full Potential
Too often, people try to rent out their homes themselves, and without professional assistance either end up not achieving the maximum returns they can get or suffering property damage that they’re responsible for because the rental contract wasn’t drawn up clearly. When you utilize the services of a professional property management company like Luxsy, you don’t have to worry about any of those issues, as we take care of all of it for you, including guest contracts. You’ll also get to take advantage of the fact that we do most of the hard work for you, allowing your property to be booked to its full potential, which increases your returns!
Maximum Returns and Personalized Service
When you partner with us to manage your property, we consider you a valued business partner, and strive to give you personalized service—it’s why we only manage around 20 homes at a time, so we can deliver the best for both our guests and homeowners. With a narrowed focus on a small group of boutique vacation rentals, we’re able to focus on each and every property individually, ensuring your home is living up to its earning potential. When you partner with us to manage your Palm Springs property, you can earn over $100K, and our goal is around $150-$200K! With a free financial analysis, you could be on your way to booking your home out in no time. We also offer a low property management fee, allowing you to easily turn your home into a profitable vacation rental!
Partner with Dedicated Airbnb Superhosts
Another terrific aspect of letting us manage your property is our established position in the rental industry, particularly with immensely popular sites like Airbnb and VRBO. We’re already verified Airbnb superhosts, and many people search for properties on Airbnb with the superhost filter on, meaning your property won’t be seen otherwise. Sites like these have already acknowledged our extraordinary service and high-quality accommodations, increasing the likelihood of your property being booked as often as possible. We also will help you with staging your home and professional photography, which always adds to the appeal of your vacation rental!
A Dedicated Plan for Success
At Luxsy, each of our properties has a plan for success, and they all touch upon the major steps mentioned, such as listing on major rental websites and taking professional photos. We’ll also assess your property’s security, and we can help with installing Ring Doorbell cameras and more. From there, we will do everything from formatting guest contracts to setting up a maintenance program. When you choose Luxsy as from the list of property management companies Palm Springs, you can have peace of mind that your home is in the care of industry experts!
Benefits of Listing with Luxsy
As a homeowner, you’ll enjoy a variety of support and perks when you list with us. The first and one of the most significant is our 24/7 support. Our team is on call for anything you might need, whether it’s a casual question or something of vital importance. Secondly, you’ll get professional marketing services for your home, which can make all the difference in achieving your maximum possible returns. We give your property a global reach and have a dedicated team of experts to handle our media and advertising. Another part of listing with us is that your home gets professional care, from maintenance to housekeeping to security setups. We have local contacts for everything from plumbing to pool services, and as part of the Luxsy family, your home will receive top of the line upkeep. Lastly, our concierge services for our guests cover everything from pre-stocking groceries to booking in-home spa services, and as a homeowner you get to access these services when you’re staying in your home!
Choose Luxsy for Your Palm Springs Property Management Today!
If you’re done looking for property management companies Palm Springs and interested in a partnership with Luxsy, we’re ready to take the first step in assessing your home’s earning potential. To set up a free financial analysis, fill out our contact form and we’ll give you a complimentary rental income projection today!
Palm Springs is a beautiful city that has great shopping, dining, things to do for the whole family, and fantastic southern California weather year-round to boot. Because of its qualities, this crown jewel of the Mojave desert has some of the best real estate offerings in the country.
Because Palm Springs, CA is a popular luxury vacation destination, many real estate investors want to know the ins and outs of the local housing market and investing in Palm Springs properties.
Is it Good to Invest in Palm Springs Properties?
After the housing market crash in 2008, the Palm Springs’ real estate market, along with the rest of the country, has slowly but surely made its comeback. Now that over 10 years have passed, people are once again turning to Palm Springs to purchase investment properties in the form of rental property and vacation homes.
Whether or not real estate in Palm Springs is a “good” long-term investment is entirely up to personal finances, what you want to do with the property, the market, and timing. If you are looking to purchase a luxury vacation rental, you are likely to see a solid profit because rental properties are a hot commodity in Palm Springs. Property owners working with high-quality property management companies can ensure that their rentals are presented to potential guests in the best possible light. If you are looking to buy a private vacation home for you and your family, your investment certainly has the potential to bring a substantial return, depending on when and if you decide to sell. The good news is that generally, barring any major market crashes, the value of your home is going to appreciate over time. Real estate investing anywhere has the potential for both profit and poor investment, but Palm Springs is a better place than most to put some skin in the game.
Is Airbnb legal in Palm Springs?
Airbnb has quickly become the premier online destination for booking short-term rentals at any price point. While it initially marketed to people traveling on a budget, they now offer extensive options at high price points that offer services that rival those offered at luxury hotels. With options like a personal chef and concierge services, potential guests can find everything they are looking for on luxury vacation Airbnb rentals.
Many cities have lots of rules and regulations regarding Airbnb and what practices jeopardize its legality; major tourist cities like Los Angeles and New York have some of the strictest Airbnb regulations in the country. While Airbnb is fully legal in Palm Springs, there are certain operating requirements that must be observed to ensure that your listing isn’t operating illegally.
What Are Property Taxes Like in Palm Springs?
Annual property taxes are set at a rate of 1.25%, which can be paid annually or semi-annually. If you are purchasing your house with a loan, you can request to impound your taxes, which means that your lender will add the property taxes to your monthly payments.
Is Palm Springs a Good Place for Retirement?
Recent studies show that the area is getting “younger,” with many creative types looking to retreat from the hustle and bustle of larger cities. With the ever-growing opportunities for many employers to work by telecommuting, especially in the tech industry, the number of people of pre-retirement age looking to move out to the desert is growing. In spite of this, the atmosphere is still very much just as laid back and peaceful as it always has been.
Having been long-championed as a place that older couples go to chip away at their 401k, the Greater Palm Springs area remains a great place to retire. The great weather, access to the beaches of southern California, the relative closeness of Los Angeles, and the slow pace of desert life are all big draws for those looking to retire.
Even if you don’t make Palm Springs your full-time retirement residence, purchasing a home to escape to in the winter months could prove to be a solid investment; if you rent out your property when you aren’t in residence, it could serve as a great source of secondary income to help pay for all those great trips that you want to take your grandkids on.
Where is the Best Place to Live in Palm Springs?
The Greater Palm Springs area is full of great places to live. Popular locations include Indian Wells, Palm Desert, Bermuda Dunes, La Quinta, Rancho Mirage, and Cathedral City. The Palm Springs area has lots of unique luxury neighborhoods that can cater to your every desire.
If you are looking to invest in Palm Springs by way of purchasing a rental property, but are not convinced that you can handle the stress of day-to-day property management, look no further than Luxsy. We are a boutique, short-term vacation management company operating in the Greater Palm Springs area. Our mission is to provide vacationers with unique, incredible experiences with our collection of luxury vacation rental homes.