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How to turn your vacation home into an unforgettable Airbnb rental?

How to turn your vacation home into an unforgettable Airbnb rental?
Apr 08, 2022

Airbnb is an online platform for vacation rentals that has become very popular among landlords. Airbnb's idea is simple – you rent out your home to travelers who enjoy the opportunity to live in comfort and feel like a local.

If you are a hospitable person ready to welcome new guests in your house, you can become an Airbnb host. Airbnb can be a good source of additional income for you, but doing this business requires enough time.

Useful tips to turn your vacation home into an Airbnb rental

In order to make the most of renting out short-term rentals on Airbnb and maximize the guest experience, we’ve decided to pick up the most useful tips for you.

1. Assess your property

Your property is what is supposed to attract potential tenants in the first place. Try to assess it objectively and think carefully about its advantages. It would be great to turn to an experienced interior designer and ask him for some advice on how you could improve your home. The property doesn’t have to be perfect, but a couple of unusual features will help to upgrade it, create coziness and rent it out on Airbnb for more money.

2. Come up with and set your home rules

A s a host, you have some preferences as to what condition should be maintained in your property. The rules of staying in your home will help them understand what they should pay attention to. This aspect is individual and varies from landlord to landlord.

For example, some allow pets in their house while others don’t. But keep in mind that allowing families with children or pets would set you apart from other landlords and make tenants choose your property to stay.

3. Analyze the Las Vegas market

Another important aspect, when renting out a home in Las Vegas, is pricing the home. Before you set a price, it’s important to analyze the local rental real estate market and similar properties. Besides, if you're serious about making money on Airbnb, be flexible with your pricing: raise or lower prices depending on the tourist season.

4. Learn about short-term rental regulations

Getting into rental real estate business means also knowing how it works. For this purpose, it’s essential to familiarize yourself with all aspects of being a host. Best is to consult with professional real estate agents.

5. Decide whether you will self-manage or hire a property manager

Renting a vacation home is about dedicating much time to managing a property, communicating with tenants, dealing with taxes and lots of small stuff. To get a high rating, you should find enough time for it all. Another option would be to hire a professional real estate company whose property managers will do everything for you at their best.

6. Prepare your home for guests

B efore the check-in, landlords have to remove unnecessary things, because the place should have enough free space for guests and their things. Moreover, the property has to be clean and tidied up, so that it feels like home.  

7. Provide maximum comfort for guests

In Airbnb vacation rentals, there should always be essentials for tenants. They include clean ironed bedding, towels, soap, shampoo, hand gel, toothpaste, personal hygiene items. In the kitchen, apart from household appliances and utensils, prepare tea, coffee, sugar, salt, spices, a bottle of drinking water and other necessary things. Besides, don’t forget about high-speed Internet access.

8. Create a profile and list your property on Airbnb

Your profile is one of the most important elements of your account. It’s worth taking your time to fill out the information clearly in order to look in the eyes of travelers as a trustworthy person.

Before listing your vacation home on Airbnb, we recommend you to add real and high-quality photos of the rooms and preferably the general view of the house, as this is likely to influence the guests’ choice. Make sure to add an accurate description of your property and specify its advantages.

 

How to become a highly-rated Airbnb host?

It’s no secret that each guest can give a rating and feedback after staying at your vacation rental. This is one of the determining factors for the following tenants. Any landlord should be interested in a top rating, as it means more guests and higher income.

Here, we’ll give you some tips as to how to rent out your house as a vacation rental effectively.

Homeowners should always keep in mind that hospitality is the key to success in Airbnb business. To get good reviews, you need to pay attention to the following factors:

  • Always update rental vacancy. Future guests should know when your property is occupied and when it is vacant.
  • Always be available to your guests. Provide future guests with information in a timely manner and answer all questions, negotiate any issues, confirm the reservation, etc.
  • Treat your guests well. Be sure to do everything for them on your part: always prepare your accommodation, clean it properly, make sure they have clean bedclothes, towels, etc. Be open to negotiate some issues.
  • Be honest with your guests. Provide accurate information about your accommodation and real photos of it, so that the expectations do not diverge from reality.

Following these simple rules will help you become a highly-rated and reliable Airbnb host, and your rental property will be in demand. Otherwise, landlords can receive negative reviews and a low rating and, consequently, lose future tenants and potential income.

Is it safe to rent out your vacation rental on Airbnb?

This question is a concern for every person who has decided to take the path of leasing their home.

Renting out your property might sound like a risk, because there’s always a likelihood of coming across an unreliable tenant. But you always have the option to accept only those whom you trust and reject a booking request if the guest doesn't seem reliable enough to you.

What concerns payments, they are made within the system, so there’s nothing to worry about. You will receive the payment the next day after the guest checks into your property.

Invest in real estate – buy a home & rent it out

Renting out a property is now considered to be one of the most effective real estate investment strategies, since hosting tenants is a step towards financial independence.

If you don’t have a vacant property to rent it out, there’s always an opportunity to buy it. We recommend discussing this with knowledgeable real estate agents. They know the local market and will help you select the right home in terms of better location and amenities, size, unique features and everything that would make it stand out.    

When buying a home to rent it out, you don’t only invest money, but also your time. The real salvation here is professional management for Airbnb short-term and vacation rentals, which is among services at a real estate company.

How to get into Airbnb rental business?

Every year, more and more people rent out their accommodation to travelers. If you’re ready to turn your vacation home into an Airbnb rental, Airbnb can be really profitable for you.

To make money with Airbnb, you need 3 things: a vacant home, hospitality, and a desire to make money.

The team of Titon Realty will tell you everything you need to know about renting your home through Airbnb to successfully earn money. Titon Realty provides the best management for Airbnb short-term and vacation rentals in Las Vegas that will help you turn your vacation home into an Airbnb rental in 2022, choose only reliable tenants and save your time while earning income!

Contact us any time: 702-751-7555.

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