RENTAL INSIGHTS
Over and above earning money from the rent itself , hosts benefit from the value of their property increasing since it can be sold with existing bookings as a going concern which is attractive for investor buyers . And , with the right management company , the property will always be kept in showhouse-ready condition , which is helpful should hosts decide to sell .
Unlike long-term leases , where the property typically degrades over the course of the rental period , short term rentals mean that homeowners won ’ t have to spend time and money bringing the property back into a rentable condition once guests leave . Hosts also have the option to use the property whenever they like which is not possible with longer lets .
Boost bookings
It is good advice to list short term rental properties on as many platforms as possible so that you can maximise the pool of potential guests . Here are some more top tips if you ’ re interested in renting out your property on a short term basis ..
• Make sure the property is in good condition . The design aesthetic should appeal to a wide audience .
• Get professional photographs