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There are tons of reasons why you should invest in real estate! In particular, Oak Creek is a fantastic area for you to have a second home or rental property that you can rent to your guests. Although investing in apartments, condos, commercial buildings, or single-family houses can be a huge investment and put a financial strain on you in the short-term, they can consistently bring in extra income over time and increase in value. Real estate investments are a great way to make money every month for the foreseeable future – if you follow up with maintenance, fixes, and advertisements! Check out why you should choose Oak Creek to invest in a property to make the most bang for your buck over the years. Porter can help you manage and take care of your Oak Creek properties and guests, so you can rest assured that you will not have to worry about a thing.


Cash Flow

One of the main reasons why people invest in properties is to obtain consistent cash flow. For some jobs or side gigs, there are periods of heavy influx or profit and then large lulls, which can be a huge financial detriment and drain to your bank account and savings. Hoover, with rental properties in Oak Creek, people flock here all year round and love coming to this area for the outdoor options, shopping, restaurants, and cafes.

Thus, you never have to worry about a downtime for tourism. This helps you boost your monthly income, receive monthly payments, and also still be able to make use of the property when guests are not staying there. It is a win-win situation!


Return on Investment

Unlike other investments, which are very risky and might not have a huge payoff in the end, Oak Creek real estate usually offers a great return if you decide to sell the house, condo, apartment, or cabin later on. You can sell your property for a large profit, especially if you have done upgrades to the house, such as including new appliances, fixing any maintenance issues, or increasing the outdoor space.


Long-Term Safety and Security

A third reason you should consider investing in a short-term rental property in Oak Creek is due to safety and security. Short-term rental properties are always in high demand for people who are going on vacation, whether they need a place for a weekend away, a week-long spring vacation, or a two-week summer holiday. Real estate is a perfect long-term investment that offers you extra security and monthly income, especially as the area around the property increases in value.


Tax Write-Offs and Breaks

Taxes are hard at the end of every financial year. You might end up paying thousands to the government and depleting your savings. But when you invest in a rental property, you can receive numerous tax benefits and advantages, such as deducing ongoing maintenance, rental costs, repairs, renting fees, property insurance, and property management fees. If you decide to sell your Oak Creek properties for more than you paid for it in the beginning, then you will be taxed through capital gains, which can lower your yearly tax payments. Talk about a financially responsible decision!


Diversify Your Portfolio

Although you might be making other smart investments and working a full-time job, investing in a property is a good way for you to diversify your portfolio and prevent any issues that can occur due to a stock market crash, economic downfall, or other business issues. Even if you are fired from your job, or something happens with your taxes or stocks, you can still make money through your rental property and diversify your portfolio, which makes you more desirable for lenders in the future.


Passive Income

Isn’t it great to make money without having to do anything? We think so too! Use Porter to manage your Oak Creek real estate and make money without having to do anything. We can take care of the cleaning, guest services, check-in process, check-out procedures, and everything else that can make or break the guest experience. This way, you can have a passive income without having to do anything!


Leverage Your Money

When it comes to buying a rental property that you can use for short-term rentals for visitors to Oak Creek, chances are you will not be able to put down the lump sum right up front. This is normal, so you don’t have to worry – most people can’t afford to pay anywhere between $60,000 and $300,000 upfront on an investment home for a family, couples, or solo travelers.

However, this is when you must figure out how to leverage your money to use other sources of income to purchase the house and take ownership of the new property. You can use mortgage lenders, credit unions, and banks to provide you with additional funds. Since you can borrow money upfront, you can then add properties to your real estate folders and portfolio without having to put down a hefty sum upfront.


Fight Inflation

Inflation is one of the main deterrents as to why people might not be able to buy properties or make risky investments. However, with a rental property, you can fight against inflation. Investment properties offer a higher monthly income during inflation, ensuring that you can still make the same ratio compared to before.


Build Capital

The last reason why we think that investing in a short-term rental property is a great idea is so you can build capital in a trustworthy way. Real estate investments are a foolproof way for you to gain monthly income, passive income, and build cash. Cash is capital, so you are just finding a new way to make a consistent cash influx over time that won’t decrease due to inflation, economic changes, or other issues.

The key is to choose a property that can rise in value – that is why we think that Oak Creek is the perfect area for investment. Oak Creek in Arizona offers scenic drives, Montezuma Castle National Monument, Cathedral Rock, Red Rock Visitor Center, and many other fun things to do for tourists and visitors.


Use Porter to Manage Your Investment Property

We are with you every step of the way, so you never feel alone during the selection process of a property, managing your home, or renting your beloved house, condo, or apartment to guests. We help you choose the ideal guest so you can feel confident and secure. They treat your place with respect. Plus, we take care of the details, so you never have to fret about cleaning, setting prices, managing the home, or dealing with guest queries or complaints.

Our local staff is well-versed in all there is to do and see in the nearby area, along with providing guests with key information that they wouldn’t find online or from hotels or Airbnb. Our number one goal is to ensure you, and the guest, have the best rental experience possible. It is no wonder people come back year after year to visit our properties! As a property owner, you can rest assured that we take care of everything, so all you have to do is select a home and sit back, relax, and enjoy the constant cash flow. Easy!

You can do a few things as a property owner to bring in guests consistently year-round. Even though there can be slumps or ‘down’ periods where the tourist influx is not as common, you can still make your house, apartment, condo, or cabin stand out by following easy rules and tips to add extra flair to your home. When you take advice from us at Porter, you can increase the chance of making your Oak Creek rental property stand out among the rest! Oak Creek is a beautiful area that offers proximity to all there is to do and see, such as close walking distance to local shops and proximity to hiking trails, biking paths, and rivers/lakes. Plus, when you include a few add-ons, amenities, personal touches, or other items to your property, you can make sure that visitors choose YOUR home over others in the nearby area!

Use a Fresh Coat of Paint

One of the best ways to make your property stand out among others in the local area is to give your property a new coat of paint. This helps brighten up the space and add a pop of color or neutral color tone that you wouldn’t find otherwise. Instead of hotels or Airbnbs which are old and worn down, a new coat of paint can help your luxurious and modern home seem fresh, new, and modern! You should also go around the entire house and figure out what might need to be fixed or altered during the paint job. This includes items like appliances, windows, doors, paintings, furniture, lighting fixtures, and other items that can make or break a space. We recommend fixing items on your own, if possible, like adjusting loose doorknobs or chipped paint. However, for bigger fixes, we recommend using a professional company or handyman who can do the fixes quickly and easily. Even though it may seem like small fixes that won’t make a big difference, ensuring things are working properly gives the customer the idea that you are a professional, attentive, and caring property owner who wants a seamless experience for the guests.

Clean the Space

The next tip that we recommend for your Oak Creek property to make your property stand out among the rest is to clean and declutter your house. Even if this is your private home and you want to include a personal touch, make sure your books, clothes, artwork, and decorations are not everywhere in the house. This can make the space look crowded, smaller, and messy. Instead, try getting rid of unnecessary items and putting them in storage. If this is a rental property or a second home for you, try and get rid of unnecessary personal items that can make the space look ‘too lived in’ or additional fluff.

Higher a Cleaning Company

Along with decluttering your Oak Creek rental property and removing unwanted items that can make the space seem smaller and messier, we recommend using a professional cleaning company to disinfect and clean your house. This includes cleaning the appliances, floors, counters, and linens. The last thing you want is for a new guest to enter the house and see dirt on the floor, food on the counter, or stains on the sheets. This makes the guest think the entire space is messy, and they will feel uncomfortable staying there. Instead, a professional cleaning company knows what to use and the correct procedures to get rid of dust, mud, dirt, grease, and cobwebs that can decrease a guest’s personal experience.

Oak Creek Sitting Room

Upgrade Appliances

The next tip to keep in mind when it comes to making your Oak Creek property stand out among the rest in the local area is to upgrade your appliances so you can modernize your kitchen, freshen up your bathroom, increase the livability of your TV area, and other items that can modernize your home and make it more desirable for guests. Plus, if you modernize your apartment, home, or property, you can increase the nightly price of your house to make more money in the long run. This is a great investment which can increase the overall market value of your home to get better nightly prices. Even replacing just a few appliances or electronics, such as an old TV, microwave, oven, or stove, can have a huge increase on the price and desirability of the space.

Increase the Lights and Mirrors

Although adding more mirrors might seem like a strange request, increasing the number of mirrors in your Oak Creek property can make the space feel bigger. Plus, including full-length mirrors in bathrooms, bedrooms, and hallways gives people a chance to look at their entire outfit and avoid overcrowding and sharing rooms. This boosts the spaces’ flexibility and makes it more functional for when your guests are getting ready to go out on the town!

Plus, increasing the number of lights, windows, and bright spaces is an ideal choice for guests who want to brighten up the space and make it feel bigger than it already is. Dark corners, dark furniture, and low lighting often makes a house feel smaller and cramped. Adding a floor lamp, fairy lights, or a different lamp shade to let in more light can make your house feel cozier and prettier.

Why You Should Use Porter

As you can see, there are a few dos and don’ts that make your Oak Creek property really stand out among the rest. Not only is this good for your own personal use of the property, but it can increase the number of guests that you have all year round. You will be able to benefit from a steady influx of tourism, rather than just during the busy season.

When you work with Porter, you can use our advice and local professionals to help make needed changes to your property and manage your house. We know that it can be hard to stay on top of everything, such as renovations, fixes, and guest relations. That is why we offer professionals who are well-versed in the local area and can be there every step of the way for your guests who are staying in your home.

We offer on-the-ground professionals who are in the Greater Arizona and Oak Creek areas who will be there before, during, and after your guests’ stays to help with any questions or concerns. We are well-versed in the industry and have decades of experience with exceptional service, renting properties, and managing property owners’ homes.

Put your faith in us, and we can get you the best bang for your buck on your Oak Creek property. We pride ourselves on our hands-on customer service, positive reputation in the industry, and customers who come back year after year. To us, the customer is the number one priority. Perfect hospitality is our motto, and we make sure that your happiness is our top concern. Get started today and browse our website to contact one of our professionals in Arizona!

We make it easy and simple for you to get your property in the best place possible to give your guests an unforgettable experience. Make long-lasting relationships with visitors who have the best holiday of their entire lives — and ensure they come back next year for another great time!