Lake Tahoe is one of the most visited places in the USA with approximately 15 Million people visiting it each year. With the availability of platforms like Airbnb people can easily book places to stay and a large sum of these visitors actually use Airbnb to book properties, which can generate a huge revenue for the property owners and they do not have to be present there physically. Because of this high revenue potential trend of buying and managing an Airbnb property in Lake Tahoe remotely is growing. 

According to an estimation $535 million was likely spent on Airbnb in the entire Lake Tahoe region in 2023. This is the exact reason why Lake Tahoe is a prime location for Airbnb investments, other than this Lake Tahoe’s tourism market is strong and likely to grow, which means your Airbnb investment will be generating revenue for you for a long time. 

While all of this sounds nice, it is important to make strategic decisions when buying and managing a Airbnb property remotely in Lake Tahoe for good returns, and here are some points to consider:

Key Considerations When Buying an Airbnb Property for Remote Management

Here are some important points to consider before buying a Airbnb property for remote management in Lake Tahoe: 

Buy a Condo: 

If you are buying a property in Lake Tahoe for remote management then it’s important to consider buying a condo that has a Home Owner Association instead of single family homes. This is because Condos have their Home Owner Associations, and these Home Owner Associations or HOAs manage all chores like trash pickup, snow removal and defensible space inspection and fire inspection for the condos(Not all HOAs do this, so make sure the one in which you are buying do it for you). These are important if you are managing your property remotely. 

STR Friendly HOAs: 

Consider buying a condo that has a Short Term Rental (STR) friendly Home Owners Associations (HOAs). As you are going to use that property on Airbnb and you will manage it remotely, a STR friendly HOA will help you a lot. 

Essential Features: 

Consider buying a condo that has a trash dumpster close to it. It will be a huge plus point for the future Airbnb guests. Otherwise they will have to walk to the dumpster which is not a pleasant experience. Other than this make sure that your parking spot matches(Some Hoa’s limits the number of Airbnb parkings) with the maximum occupancy limit of the condo.  

Minimal Maintenance: 

FInd a property that needs minimal maintenance. This will help you to manage it more efficiently remotely without worrying about the maintenance of the property. 

Following these tips can help you if you want to buy a Airbnb property for remote management. If you need more information on this please give us a call at (530) 317-0373 or send us an email at [email protected]. 

Best Locations in Lake Tahoe for Remote Airbnb Management 

Location hour property in Lake Tahoe is one of the most important factors for a successful remote airbnb management. Here are some of the best locations in Lake Tahoe where you can invest: 

Incline Village: 

Incline Village is one of the best locations where you can have your short term rental for remote airbnb management. It is present in Washoe County, in which there are no STR restrictions and it is close to the Diamond Peak Ski Resort, which means it attracts more tourists. 

Crystal Bay:

Crystal Bay is another region where you can set up your short term rental for remote management. This region has a public beach, SpeedBoat Beach close to it. And most of the visitors want to book a place which has a close public beach. 

Kings Beach:  

Kings Beach is also one of the most popular places in Lake Tahoe. It has all the facilities and the public beach in it. People can easily go to the North Star Ski Resort. 

Tahoe City:

Tahoe City is one of the best places to have a short term rental for remote management in Lake Tahoe. It has all the amenities that can entertain guests and it is close to the Palisades Tahoe Ski Resort. 

How to Manage an Lake Tahoe Airbnb Property Remotely?

Managing a Lake Tahoe Airbnb remotely can be a hassle. Even if HOAs can do the snow removal and house inspections, you will have to find someone who can do the cleanings and who can do the time to time maintenance of the property. In this case you will have to find a reliable property management company which can provide you all the facilities under one roof and can work with you for a long time like our other company MG Vacation Rentals. 

MG Vacation Rentals owns a cleaning company, a snow removal company and even personal handymen, providing solutions to all of your management needs.

Final Thoughts

Trend of buying and managing Airbnb properties remotely is growing day by day and if you are interested in doing the same then you will have to make sure to buy a property which will be easy and affordable to manage. Remote management can pose some challenges that is why working in a collaboration with a property management company can be a great move.