A Short Term Rental home in a good location, well furnished, well photographed, and attended to with great care and customer service can pull in two-to-three times the revenue of an unfurnished, long-term rental. So yes, the money is very good.
Look at the hotels in your area. How much are they charging per night? Do the math, and you’ll quickly see that financially, a well-run Short Term Rental home can far exceed a traditional rental model.
When you sign a lease with long-term tenants, you immediately lose a great deal of control of your home.
Your home still technically belongs to you, but in practicality, it belongs to your tenants.
They are the ones living it in day in and day out, and you get very few opportunities to see how well they are taking care of your home.
How many stories have you heard of landlords who have discovered that their home was trashed by their tenants and they are going to have to do significant renovations before they can get their home ready for new renters?
With BeAhost, you get to check on your home regularly, usually every few days.
One of the things that we love about Short Term Rental homes is that our guests have already paid before they ever stay in our home. We never have to deal with the monthly stress that many landlords do of trying to chase down tenants to collect their rental fee.
We also love knowing that we’ll never have to deal with the painful process of having to evict someone from our home. There are times that being a landlord calls for having some pretty tough skin.
With BeAhost, you can still make income from your home without having to deal with those particular issues.
One of the clear advantages of not having a long-term tenant in your home is the ability to block off dates that your home is simply not available. When you block off dates on your calendar, those dates become off-limits to any potential guests. Some situations where this is convenient, include:
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You’re planning on being out of town for a vacation and don’t feel like having to worry about having any guests in the home during that week.
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You have friends coming into town in a couple of months, and you would like for them to stay in your home.
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A major repair needs to be taken care of, but you’d prefer to wait a few weeks to pay to have the work done.
For those of you who are interested in more than just the money, the cultural exchanges brought about by using BeAhost can be rewarding. Millions of travelers from all walks of life and from every corner of the the earth now use the short-term rental platform.
If you’re open to it, you can find yourself learning about traditions from all over the world, or hearing stories of the road from a seasoned traveler. Short Term Rentals is not just home-sharing, but also experiance-sharing.
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