In Blue Eye, Missouri, short-term rentals are thriving, with an average occupancy rate of 55%, a daily rate of $433, and an impressive monthly revenue of $58,380.
Thriving Short-Term Rentals in Blue Eye, Missouri: A Promising Investment Opportunity
Blue Eye, Missouri, is experiencing a robust performance in the short-term rental market, making it an attractive destination for investors. According to recent data, short-term rentals in Blue Eye boast an impressive 55% occupancy rate, indicating a strong and consistent demand. Additionally, these rentals are generating a substantial $433 average daily rate, which translates to a significant monthly revenue of $58,380. These metrics highlight the potential for high returns and a stable income stream, positioning Blue Eye as a promising location for those looking to invest in short-term vacation rentals.
Short-Term Rental Regulations in Blue Eye, Missouri for 2024
Statewide and Local Regulations
State Requirements
- Sales Tax License: Obtain a sales tax license from the Missouri Department of Revenue.
- Sales Tax Collection: Collect and remit a state sales tax of 4.225% on all bookings.
Local Compliance
- Zoning Compliance: Although there are no specific zoning laws for short-term rentals in Blue Eye, hosts must ensure their property is zoned appropriately by checking with local authorities.
General Regulations
- No Specific Local Laws: There are no specific laws governing short-term rentals in Blue Eye, but hosts must comply with Missouri's statewide regulations.
- Additional Lodging Taxes: Be aware that certain counties and municipalities may impose additional lodging taxes.
Operational Standards
- Safety and Amenities: Ensure the provision of adequate amenities and adherence to safety standards, although specific standards are not detailed at the local level in Blue Eye, they may be influenced by broader Missouri regulations.
Registration and Permitting
- While Blue Eye does not have its own specific registration process, hosts should be aware of the need for compliance with any potential county or municipal regulations that may require registration or permits.
Best Practices
- Property Maintenance: Ensure the property is clean, in good repair, and free of hazardous items.
- Guest Communication: Regularly communicate with guests regarding arrival times, check-in, and any additional needs.
- Local Community Support: Be mindful of the local community and ensure that the short-term rental operation does not disrupt residential peace and norms.
Top Neighborhoods for Airbnb Revenue in Blue Eye, Missouri
1. Lakeside Neighborhoods around Table Rock Lake
- Appeal: These neighborhoods, such as those featured in the Lakefront Blue Eye Cottage and Turtle Cove listings, are highly appealing due to their scenic lakeside locations. Guests can enjoy private access to the lake, amenities like hot tubs, kayaks, and fire pits, and a natural, secluded environment with minimal neighbors.
2. Ozark Mountains Area
- Appeal: Located in the beautiful Ozark Mountains, this area is attractive for its natural beauty and proximity to outdoor activities. The Pink House Of Blue Eye, for example, highlights the charm of a small border town on the Missouri/Arkansas border, offering a unique blend of scenic views and local culture.
3. Cabin Rentals near Blue Eye
- Appeal: Cabins in this area are highly rated for their cleanliness, location, and overall guest experience. These rentals often provide a cozy, rustic experience with easy access to outdoor activities and scenic views, making them a favorite among guests looking for a tranquil retreat.
These neighborhoods are particularly appealing due to their combination of natural beauty, privacy, and access to recreational activities, which contribute significantly to their popularity and revenue generation on Airbnb.
Creating an Inviting Airbnb in Blue Eye, Missouri: Design and Furnishing Tips
Understand Your Target Guest Group
- Consider the types of guests you are targeting, such as families, couples, or outdoor enthusiasts, and tailor your furnishings and design accordingly. For example, families might appreciate additional beds like twin bunks, while couples might prefer a more intimate setup.
Choose Appropriate Bed Sizes
- For a one-bedroom setup, a king bed is ideal unless the room is too small, in which case a queen bed is a better fit. For multi-bedroom properties, aim for consistency in bed sizes to simplify linen management for your cleaning team.
Measure and Plan Room Layout
- Measure the room to ensure there is adequate space for nightstands and other furniture. Leave enough wiggle room between the wall, nightstands, and the bed to avoid a cramped feel.
Incorporate Local and Natural Elements
- Blue Eye is known for its natural beauty, particularly around Table Rock Lake. Incorporate elements like wood, stone, and natural colors to reflect the local environment and create a cohesive look.
Add Comfortable and Functional Furniture
- While a dresser is not a necessity for short-term rentals, consider adding extra furniture if the room feels empty. This could include a comfortable reading chair or a small desk for guests who need to work.
Utilize Outdoor Spaces
- Blue Eye's outdoor attractions are a major draw. Ensure your rental makes the most of outdoor spaces by including features like private decks, hot tubs, fire pits, and access to lake activities such as kayaking or fishing.
Pay Attention to Details and Amenities
- Provide well-stocked kitchens, plush towels, and amenities like shampoo and soap in the bathrooms. These details can significantly enhance the guest experience and make your property stand out.
Maintain Consistency in Design
- Use a consistent design theme throughout the property to create a cohesive and inviting atmosphere. For example, a wildlife decor theme can tie in well with the natural surroundings of Blue Eye.
Ensure Cleanliness and Organization
- Keep the property clean and organized. This includes having a system for linen management and ensuring all amenities are easily accessible and well-maintained.
Add Unique Touches
- Incorporate unique touches such as German cooking options, paddleboards, or a shuffleboard table to make your property memorable and appealing to guests looking for a special experience.
Discovering Blue Eye, Missouri: Local Attractions and Insider Tips
Local Attractions
Nearby Points of Interest
- TITANIC Museum Attraction: A must-visit for history enthusiasts, located in nearby Branson.
- Silver Dollar City: An amusement park offering a blend of entertainment, crafts, and thrill rides.
- Sight & Sound Theatres: Known for its biblical productions and state-of-the-art theater experience.
- Dolly Parton's Stampede: A dinner show featuring horse riding, music, and comedy.
Outdoor Activities
- Black Bass Lake Trail: Ideal for hiking and nature walks, offering scenic views of the surrounding area.
- Ride the Slopestyle Course at Two Rivers: For adventure seekers, this course provides a thrilling mountain biking experience.
- Kings River Overlook: A great spot for photography and taking in the panoramic views of the Kings River.
- Tea Kettle Falls Trail: A scenic trail leading to a picturesque waterfall, perfect for a day hike.
Local Amenities
- Blue Eye R-V School District: While not a tourist attraction, it's good to know about the local schools if you're planning a longer stay or have family.
- Stone County Library (Blue Eye Branch): A convenient resource for books and local information.
Insider Tips for Airbnb Hosts
Getting Around
- Transportation: Inform guests that Blue Eye is located at the southern terminus of Missouri Route 13, which continues into Arkansas as Arkansas Route 21. This can be helpful for planning day trips.
Local Culture
- History: Share the story of how Blue Eye got its name from the blue eyes of an early postmaster, adding a touch of local history to their stay.
Dining and Shopping
- Recommend Local Eateries: Point guests towards the best local restaurants and cafes in and around Blue Eye, as well as in nearby Branson.
- Shopping: Suggest visiting Silver Dollar City for a unique shopping experience that combines crafts and entertainment.
Outdoor Activities
- Trail Maps: Provide maps or guides for the local trails such as Black Bass Lake Trail and Tea Kettle Falls Trail to help guests navigate the area.
- Equipment Rentals: Inform guests about any local equipment rentals available for activities like mountain biking or hiking.
Community Events
- Check Local Calendars: Keep guests informed about any local events, festivals, or performances happening during their stay.
Practical Information
- Library Access: Let guests know about the public library branch in Blue Eye, which can be a useful resource during their visit.
- Population and Atmosphere: Prepare guests for the small-town atmosphere and the relatively low population, which can make for a peaceful and quiet stay.
Practical Tips to Run a Successful Short Term Rental Business in Blue Eye, Missouri
To ensure a successful and smooth operation of a short-term rental business in Blue Eye, Missouri, several practical tips can be implemented. First, it is crucial to inform guests about noise regulations and quiet hours to maintain a respectful environment for both the guests and the local community. This can be included in a comprehensive digital and physical house manual that provides detailed instructions, Wi-Fi passwords, and other essential information.
Creating a simplified check-in process is also vital. Utilizing smart locks can eliminate the need for physical key exchanges, making the arrival process more convenient for guests. Additionally, providing clear parking instructions accompanied by photos can help avoid any confusion and ensure a seamless start to their stay.
Regular communication with guests is key, especially in a location like Blue Eye, which attracts nature enthusiasts and families. Ensuring the property is well-maintained, clean, and free of hazards, as well as fostering good relationships with local service providers, will enhance the overall guest experience and contribute to positive reviews and repeat bookings.
Here is a brief list of house cleaning providers in Blue Eye, Missouri:
House Cleaning Providers in Blue Eye, MO
Sparkling and Beyond
- Offers professional cleaning services using state-of-the-art equipment.
- Provides standard cleaning services for both commercial and residential properties.
Homeaglow
- Offers top-rated house cleaning services with professional, affordable, and background-checked cleaners.
- Services include standard house cleaning and moving cleaning.
For additional options, you can also refer to reviews and ratings on platforms like Angie's List, which lists multiple house cleaners in the area.
Short-Term Rental Management Fees in Blue Eye, Missouri: A Comprehensive Guide
In Blue Eye, Missouri, managing short-term rentals involves a range of fees that can vary significantly based on the level of service provided. Typically, management fees for short-term rentals range from 10% to 30% of the rental revenue. Full-service management companies, which handle guest communication, marketing, and maintenance, tend to charge fees on the higher end of this spectrum, often starting at around 15% to 20% of the revenue.
Basic services, such as booking management and minimal support, may incur lower fees. Additionally, hosts should be prepared for potential extra costs, including cleaning fees, repair expenses, and design or setup fees. These additional charges can ensure the property is well-maintained and guest-ready, but they add to the overall cost of managing the rental property. Understanding these fee structures is crucial for hosts to optimize their revenue and ensure a smooth and profitable short-term rental experience.