In this episode, Chad interviews Clara Brechtel, a top-shelf short-term rental property manager. They discuss how to hit big ROI returns, by yielding high STR occupancy rates and strong ADR's in the Sedona area. Welcome to Sedona Arizona, a beautiful destination for tourists and locals alike. But many people need to learn that there are two distinct parts of the area: Sedona and Village Oak Creek.
For anyone looking to invest in property here – or become a short-term rental host – it pays to know the difference between these two areas. Village of Oak Creek is located just outside Sedona city limits, but it still has its unique charm. Properties in this area have lots of amenities like pools, making them popular spots for vacationers. Plus, with views of red rock formations all around you, who wouldn't want to spend their getaway here? However, when it comes to things like construction permits, the Village of Oak Creek has its own set of regulations. For instance, if you want to convert a garage into extra bedrooms or bathrooms on your property, you'll need to go through the county – not Sedona – for approval.
On the other hand, Sedona city officials handle short-term rental oversight. On top of all that, there's an essential bit of information that buyers should be aware of: even though Village Oak Creek isn't considered a part of Sedona proper, many services (like the post office and MLS) still list it as such due to its zip code. This means that mail will arrive properly no matter which address is used. That said, for those looking to invest in the area or start a short-term rental business here, it's important to do your research carefully and ensure you understand both Sedona and Village of Oak Creek guidelines thoroughly. To aid in this effort, our team has recorded several podcasts and videos answering questions about investing in these three markets (Sedona, Village of Oak Creek, and nearby areas) and the management side of running a successful short-term rental property.
We want to thank our own Clara Brechtel for being an integral part of helping us ensure that our clients do well with their properties! Her expertise and insight into these markets are invaluable and we truly appreciate her. As you can see, Sedona and Village of Oak Creek both offer unique opportunities for investors and short-term rental hosts alike. Doing your research properly – including learning the local regulations – is key to success, so take advantage of our podcasts and videos to help equip you with the information you need. With all the beautiful amenities this area has to offer, it's no wonder why so many people are attracted to it.