Being able to rent out your own home on a platform like AirBnB is a great way to generate income without having to invest a lot of time or money. Here are some tips on turning your home into an AirBnB.
Verify That You Can Rent
If you own a home that is in a condominium or part of a Homeowner’s Association, the first thing that you need to do is check on restrictive covenants relating to rentals. Also, some municipalities have ordinances prohibiting transient rentals which carry hefty fines.
Do a market study of what comparable homes rent for on AirBnB in your area. To set rates strategically, be aware of seasonal variations.
Market Your Home Accurately and Attractively
Put some thought into your listing content. Highlight your home’s best features. Use outstanding photographs with good resolution and lighting.
Make Cleanliness a Top Priority
Guests’ satisfaction with a rental often hinges heavily on how clean it is. Be sure to perform through deep cleanings before each guest’s arrival. Provide plenty of fresh linens and also paper products.
Lastly, make it a point to contact guests soon after their arrival to ask if everything is okay. This type of attention can prompt great reviews and help you make more bookings.