A lot of people who live in London are looking for ways to make a second income to help cover their outgoings or to start saving.And one of the most popular choices for finding another source of money is via the short-term rental market. One of the main attractions of this sector is the relative ease to enter it. All you need is a suitable property, a robust business plan and an idea of how you’ll manage your property.
Website likes Airbnb, VRBO, HomeAway and Flipkey are the usual platforms when people first start out. It’s also possible to utilise the better-known social media sites like Facebook groups and Twitter for update posts regarding your property. You’ll need to do some maintenance to make sure your house or apartment is up to a rental standard. That’s why it’s always a good idea to have a partner company like Aussiethere to assist you.
Advertise Your Furnished Apartment Online in London –
For most secondary sources of income, it can take a while to get things going, which can feel like slow progress. However, the short-term rental market can be a relatively fast return on investment, depending on your property’s status. The main thing you need is a furnished house or apartment with some essential amenities. Obviously, you can charge more for desirable features, and it’s also dependent on your location. Premium postcodes will fetch a higher rental price.
At one time you were restricted to advertising on Gumtree until Airbnb came along. And now there are various other platforms to choose from, with Booking.com even getting in on the short-term rental act. Each platform tends to cater for a slightly different market, so you’ll need to do your research and contact the website’s hosts for more information. It’s also worth noting what their fees are.
Once you have the right platform for you, it’s time to get more familiar with the website before you jump in with two feet. This is where your business plan needs to be an active document that you update regularly. The reason? You need to make as much profit as possible. And assuming this is your second income, you need to work out how much time of your time will be going into the daily running of your property.
Tips on Using Online Rental Property Websites –
Short-term rental platforms like Airbnb and their competitors will usually assist you if you’re new to the process. Let’s face it – they’re charging you a fee per successful customer, so they have a vested interest. They will most likely have some basic criteria points you have to attain before they allow you to upload and advertise your property. And the main one is to showcase your home in its best light.
You will need to spruce up every room, which will entail some initial investment. To start things off, you need to undertake a complete clean of your home, from top to bottom. It might be worth hiring the professionals for this task. Next up, make any repairs and ensure there are no issues with dents in walls or scruffy or damaged woodwork. We can’t stress this point enough – your home needs to look spotless and welcoming.
Your whole property will need some decent photos taken, possibly even by a professional or with a DSLR camera. You need to start thinking outside of the box. Remember, it’s not only your home you’re looking to tempt people with; it’s your location. Put together some information about your area and its best aspects to hand out or send to prospective clients.
Aussie – Your Short-Term Rental Property Partner in London –
Aussieworks with hundreds of landlords every year, many who were newbies to the short-term rental market and have since grown their business. Typically, our Man & Vanand Self Storageservices are popular with landlords and property developers, which is why we’re the ideal company in London to partner with.
Our team can move all your furniture out if you’d prefer to purchase different pieces and appliances for your guests to use. Aussie’s Man & Vanservice charges by the hour and comes with two team members to help get the job done. We also have three storage optionsavailable to suit everyone’s storage requirements and budget.
Aussie is the ‘can-do’ removals and storageprovider due to our commitment to delivering the best service. Customer serviceis our priority for every job we sign up for, and we won’t settle for any other than complete satisfaction. That’s why we’re London’s fastest growingremovals and storage company.
If you’re thinking of entering into the short-term rental market, contact ustoday. We have the right removals and storage package to make your new venture a success.