Real Estate Investor March 2023 Edition | Page 108

RETIAL
This means you can have regular breaks for you and your family to enjoy the property . Whether you ’ re an absentee owner who needs to use it for your vacation or a local owner who wants to host visiting family and friends , enjoying the property for personal use is a huge perk of buying a vacation rental over a long-term rental .
You also benefit from flexibility when it comes to your Airbnb pricing strategy . Airbnb doesn ’ t define what you should charge on a weekly or nightly basis . This is your work . You can charge as high or as low as you want . However , you want to keep your rates competitive , having in mind other short-term rentals in your area .
Summation Airbnb rental properties have become increasingly popular with both investors and renters . Investors love them since they can be very lucrative , while tenants prefer them since they ’ re more affordable compared to hotel rooms and other means of accommodation . If you ’ d like to take advantage of this booming real estate investing strategy , be sure to do your homework before buying an Airbnb property .
Easy to host , here ' s how
Whether your goal is to travel more , offset holiday season costs , or combat the rising cost of living hosting on Airbnb has never been easier .
With the introduction of Airbnb Setup , the all-new , super easy way to Airbnb your home , new Hosts can access one-to-one guidance from a Superhost ; the opportunity to have an experienced guest for your first booking ; and specialised support from Airbnb Community Support agents in over 42 languages .
All Hosts also get even more AirCover , now featuring even more top-to-bottom protection , with guest identity verification , reservation screening , and $ 3M damage protection , including coverage for cars , boats , art and valuables .
If you ’ re interested in joining the first new Hosts of 2023 , visit Airbnb . com / host .
ENQUIRE NOW
Source : Hospitable . com ; Airbnb . ca