Owning a Vacation Rental

A frequent request we get is a buyer who wants to buy a vacation home, but would like to rent it out when they aren't using it.

It sounds like a great idea in theory, but rarely works out. First of all you need to consider zoning. In the city limits of Leavenworth nightly rentals are only legal in commercially zoned areas. There are a few houses in the commercial zones, but mostly this means buying a condo. It's not the cabin that most folks dream of, but it is easier to rent and to maintain.

The next thing to consider is management. To make money you need to advertise, book, and clean your property. Most absentee owners pay a management company to handle this. Fees locally run 40-50% of the lodging cost. Without the advertising and booking services, your rental will sit empty. There is lots of competition for rental properties, a website alone won't do the trick.

Do you plan to use your property? On the weekends? Holidays? That's when the paying customers want to use it too. If you work weekends and holidays and plan on coming over mid-week or during the slow seasons between summer and skiing, then you might be ok. The other thing to think about your personal use is the cleaning fee. Your management company will probably charge you to clean your house after you visit.

In purchasing a vacation property you need to make the decision, is this an income producing property or a vacation property for me and my family? Rarely can a property be both.

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Allyson and Geordie Romer

Leavenworth real estate agents - Allyson and Geordie Romer

For over a decade, Allyson and Geordie have been serving clients in the Leavenworth-area real estate market. Together, they work tirelessly to stay on top of the regional market and present the most relevant opportunities to their clientele.

When not in the office, they can be found exploring the endless recreation opportunities of the area in all of its seasons.

 

Testimonials

 

Geordie provided excellent real estate representation! We appreciated his detailed knowledge of the market, his up front and honest approach, and his negotiation skills.
As reviewed on Zillow  – 

- Laura Anderson

 

 

As “west siders” looking for a getaway near Leavenworth, Geordie provided insight … his knowledge of design features important in a “snowy winter wonderland” was appreciated. Thanks Geordie!
As reviewed on Zillow  –
 

- Jean Stern

 

 

Geordie made this somewhat complicated transition easier for us…going above and beyond to help us work through issues that came up during the sale of our parents home. We appreciated his knowledge, attentiveness to details and his willing spirit.
Our family is grateful for Geordie!
As reviewed on Zillow  – 

- Terry Foster

 

 

Geordie was great in every way. We have been looking in the Leavenworth area for some time, and Geordie was absolutely the best for local knowledge, history and depth on neighborhoods, developments and the local market trends. He was very quick to respond (even when he was on his vacation) and worked very diligently to get all of our questions answered in a very timely fashion. We would recommend him highly to anyone looking to buy or sell a home. Very friendly, and helped us navigate all of the local options before we made an offer on the property that we purchased. Thank you, Geordie!

As reviewed on Zillow  – 

- Ryan Olsen

 

 

It was such a pleasure to work with Geordie and his wife, Allyson on our cabin purchase. They showed us a variety of locations, listened to what we wanted and helped us find the perfect match. Everything was smooth and not stressful, just relaxed and easy. We would definitely recommend Geordie and use him again if the need arises!

As reviewed on Zillow  – 

- Cammie Schlosser

 

Moving to Leavenworth?

Are you looking for a cabin or a condo in Leavenworth that your family can use as a home base when climbing, skiing or hiking around Leavenworth or Lake Wenatchee?

Maybe you rent a house here and have decided to stay, surprised how a summer of rafting somehow turned into seven years.

Maybe it’s time to escape the hustle of the big city (and its rain) and move to Leavenworth with its four seasons.

Maybe you bought a condo years ago, don’t seem to use as much, and it’s time to sell.

Whatever your motivation, we are here to help. If you are buying a home, the best place to start is with our Homebuyer’s Guide to Leavenworth.