Film Industry Boom in GA How it's Impacting the Housing Market and How to Profit from Short-term Rentals
The growth of the film industry in Metro Atlanta has had a major impact on the housing market in the surrounding communities. As more and more film and television productions are being shot in the area, there has been an increased demand for rental properties, both for short-term and long-term use.
One of the most significant impacts of the film industry on the housing market is the increase in demand for short-term rentals. Film crews often need housing for a few weeks or months while they are shooting on location, and this has led to an increase in the number of homeowners and landlords renting out their properties to the film industry. This has also increased the prices of short term rentals in certain areas where productions are taking place, making it harder for the locals to find affordable housing.
Another impact of the film industry on the housing market is the increase in demand for long-term rentals. As the film industry continues to grow in Metro Atlanta, more and more people are moving to the area to work in the industry, and this has led to an increase in the number of people looking for long-term rental properties. This has also led to an increase in rent prices in certain areas, as landlords try to capitalize on the increased demand.
As the film industry continues to grow in Metro Atlanta, more and more homeowners are looking to market their homes as short-term rentals to members of the film community, corporate housing, and Airbnb arbitrage. One of the best ways to do this is by working with a local real estate company like Beckett Real Estate. Here are a few tips on how to effectively market your home as a short-term rental with the help of a real estate company:
1. Highlight the location: Beckett Real Estate can help you showcase your home's location and its proximity to popular filming locations, studios and transportation options. If your home is located near major highways, airports, or public transportation, be sure to emphasize that as well.
2. Emphasize the amenities: Film crews and corporate housing tenants often require specific amenities, such as ample parking, a large kitchen, and a comfortable living area. Beckett Real Estate can help you highlight any unique or desirable features that your home has to offer, such as a large backyard, a pool, or a home office.
3. Create a professional listing: Beckett Real Estate can help you create a professional listing, including high-quality photos and detailed descriptions of your home and its amenities, as well as information about the house rules, check-in/check-out procedures, and availability.
4. Utilize the real estate company's network: Beckett Real Estate has a wide network of contacts in the film and television industry, they can connect you with production companies and studios looking for short-term rentals. They also have a wide range of marketing tools and strategies to make your home visible to the right audience.
5. Professional management: Beckett Real Estate can also assist you with managing your short-term rental, such as handling bookings, communication with guests and handling maintenance issues. This can save you time and alleviate some of the stress that comes with being a short-term landlord.
If you would like to learn more about doing this or purchasing investment properties. Reach out to one of the skilled professional real estate agents at Beckett Real Estate for more information today!
