I have had a quick search of the forum so apologies if this topic has been covered before but I am looking at the concept of converting some near city apartments from long term regular rentals into short-stay accommodation.
My plan was to convert one, create and refine the system through that then roll it out to the others if all went well.
Does anyone have experience with such a conversion? Anything I should look for? I am looking to use the services of a consultant who has a few of these and seems to have enjoyed quite some success.
The first apartment has always been in demand with vacancies totalling no more than 6 weeks over a five year period. It is close to Fremantle and has a precedent of another identical apartment in the building having been converted to short stay. I do not know how this panned out for the owner.
My plan was to convert one, create and refine the system through that then roll it out to the others if all went well.
Does anyone have experience with such a conversion? Anything I should look for? I am looking to use the services of a consultant who has a few of these and seems to have enjoyed quite some success.
The first apartment has always been in demand with vacancies totalling no more than 6 weeks over a five year period. It is close to Fremantle and has a precedent of another identical apartment in the building having been converted to short stay. I do not know how this panned out for the owner.