There are many ways to make a living in the short-term rental industry, but some people think it’s easier than others. For example, people who own their properties can make a lot of money through rentals and their associated expenses. However, this requires a lot of time and effort, so it’s not for everyone. You can also look short term holiday rentals via https://www.shosty.com/.
Image Source: Google
Another option is to work as a rent-a-cop or property manager. This job requires some experience in handling rentals, but you also need to be organized and have good communication skills. Finally, you need to be able to deal with difficult tenants and cope with unexpected problems.
If you’re looking for a more hands-on approach, you can offer home cleaning or pet-sitting services. You’ll need to do your research to find reputable businesses that offer these services in your area.
Here are some tips to help you increase your revenues when managing short-term rentals:
1. Manage expectations – It’s important to manage expectations with guests. For example, do not advertise units that cannot accommodate a large group or that are in difficult locations to get to (e.g., near busy roads).
2. Offer discounts – Many guests enjoy receiving discounts for booking through short-term rental websites or apps. Offering specials can boost your revenue.
3. Promote your property – Make use of online marketing tools (such as social media) to promote your rental properties and attract new guests.