PROPERTY MANAGEMENT
4 . Minimal Wear and Tear In a long-term rental property , the extended use of furniture and other utilities causes wear and tear . The effect may not be that pronounced in a short-term rental since the guests keep moving in and out . The wear and tear reduce significantly since the property isn ’ t used daily . Moreover , whether you cater to the needs of holiday makers or business travellers , short-term guests are likely to spend most of their time outside and only minimal time in your property .
Remember that you also carry out maintenance taks every time a guest moves out . It ’ s easier to spot any issues early and nip them in the bud before they morph into bigger ones . This isn ’ t the case with traditional rentals since long-term tenants may fail to report issues , and you can ’ t constantly be checking on the property . Since the wear and tear decreases , your maintenance costs may reduce with time since there ’ s little to no work when fixing the property .
5 . Flexibility
Many real estate investors buy their Airbnb properties to also serve as their second homes . The best thing about Airbnb rentals is that you can pull the listing down any time you want . You can decide when your guests can book your property and for how long they can stay .