Trust Property Management Are All Over The Phenomenon That is AirBnb

Trust Property Management are Wellington’s largest AirBnb property managers, and are available for a free no-obligation chat, including an assessment of the suitability of your property of AirBnb.

 

Property investors are catching on to the AirBnb phenomenom as an attractive alternative option for renting out their properties. The online accommodation website is growing in popularity and in larger centers it is affecting traditional rental property stocks, as property investors understandably turn their homes over to Airbnb management groups to make better returns.

 

AirBnb is a web-based accommodation service that allows online bookings for short term stays in a fully furnished property, and tenants can elect to stay anywhere from one night to a few weeks. Some AirBnbs are a spare room in a private home, or a private home when the owners have gone on vacation

 

AirBnb guests are all rated by their host, and this star-rating, including a comment, is publically available on the website. Guests rely on your feedback to continue to use the platform, and secure future bookings. This means that they tend to treat the property in high regard, and leave it as they found it.

 

Daily rents for short term lets are on average twice as much as those on a standard, longer term residential tenancy, so through increasing your revenue you naturally increase your investment returns. Also, if you want to use the property for yourself, you can just book the property with no need to give your tenants notice. Short- term letting through online platforms also enables landlords to be flexible in choosing how long they rent properties for: it can be for as little as one night. This hyper-flexible letting can easily fit around a property owner’s lifestyle.

 

There’s also great choice in terms of location. Properties can be in the midst of a tourist hotspot, off the beaten track or closer to other attractions, such as family. In some cases, unusual locations prove beneficial for owners as they can offer a service in locations other businesses cannot reach, so to find out more about  rental managers wellington, wellington property management and rental managers please go to http://www.trustproperties.co.nz .