Hi folks, keen to hear if anyone he had long-term success (I.e. 12 months+) by AirBnB-ing out their property on the regular?
Keen to hear of detail on how you manage it; key access (do you use the pin code key box/lock?), do you lay fresh linen etc.? Do you keep an itinery of pots and pans and stocked items to make sure short-term stayers don't take anything? How many days a week do you rent out a property? Do you clean yourself or hire a cleaning lady between tenant stay-days? Insurances?? What about seasonal lulls in tenants?
And most importantly; with all of the above costs in mind - does the extra work and running cost still make it worth it? Is the cash flow gain that exponentially greater to actually make it work your while instead of having just say a 6-month standard lease?
Keen to hear of detail on how you manage it; key access (do you use the pin code key box/lock?), do you lay fresh linen etc.? Do you keep an itinery of pots and pans and stocked items to make sure short-term stayers don't take anything? How many days a week do you rent out a property? Do you clean yourself or hire a cleaning lady between tenant stay-days? Insurances?? What about seasonal lulls in tenants?
And most importantly; with all of the above costs in mind - does the extra work and running cost still make it worth it? Is the cash flow gain that exponentially greater to actually make it work your while instead of having just say a 6-month standard lease?