Tips to turn your home into a short-term rental

Tips to turn your home into a short-term rental

The short-term rental market has been booming for some time now. If you have a second home or some space that you’re not using, you can turn it into a short-term rental and make money from it.

There’s a lot to do before you can start receiving guests and even more to do to ensure that your rental is the ideal choice for potential guests. In this post, we’ll explore tips that can help you turn your home into a profitable short-term rental.

Rental certificate icon

Acquire the necessary certificates

Before you can start receiving guests, you need to ensure that you adhere to the appropriate health & safety regulations, such as having smoke and CO alarms fitted and having the electrics checked. Read up on your landlord obligations to ensure you don’t inadvertently break the law.

Furniture icon

Prepare the home

Although most guests will be careful and considerate, some of them will not. So, remove anything of value that can be broken or stolen. You also need to provide comfortable furniture if you want your guests to say nice things about your rental online.

Next, ensure that there are no hazards anywhere in the house. If a guest gets injured while staying in your short-term rental, you might find yourself staring at a personal injury lawsuit. Depending on where you live, you might be able to prevent a lawsuit by using a disclaimer form signed by the guest.

Cleaning products icon

Keep it clean

No one wants to stay in a dirty house, regardless of the length of their stay. You should clean the house every time a guest leaves and before a new one rents the house. If you cannot clean the house yourself or do not know how to do it to meet the minimum recommendations, it’s always a good idea to get in touch with a professional cleaning company.

Professional cleaning companies like Ideal Cleaning Services can come down to the property and have it cleaned and disinfected in very little time. Ideal Cleaning Services uses a disinfectant fogger UK to clean hard surfaces such as tiles and a biocide to clean soft surfaces such as seats and carpets. Ideal Cleaning Services also provides fogging machine COVID disinfection services to keep your guests safe.

rental reviews icon

Encourage reviews

Most people will look at the reviews before deciding to rent your home. So, encourage your guests to leave a review without being pushy, as that can lead them to write a negative review.

Also, plan for enough guests before the peak holiday season so that you have ample reviews online before the season begins. According to research, only 40% of guests leave reviews, so if you want 10 reviews before a big season, plan to have 25 guests beforehand.

Turning your home into a short-term rental is a great way to make some extra income, especially if you have a second house that you don’t use often. However, before you can start receiving guests, ensure that you have the home prepared and ready. Also, talk to a professional cleaning company so they can clean and disinfect the house every time a guest leaves.

All image credits

[disclosure*]

Benefits of professional property management services at a glance

Benefits of professional property management services at a glance

If you live here in the UK and you have some reserve cash, it’s possible that you might have invested in the UK’s real estate sector by buying a residential or commercial property that you will be using to generate rental income for your family.

In this context, have you been in touch with a company that offers property management services Wirral or in any other location here in the UK? If you haven’t, you should read the following sections where a few compelling benefits of professional property management services are explained.

Property agreement icon

Collecting rent will be a less demanding process

When you invest in a real estate property solely to generate rental income, you’ll also need to be prepared to deal with all the liabilities that it brings with owning one. One of those obligations is the hassle of collecting rent.

By hiring a professional property management team or professional, you can make the entire rent collection process streamlined. On top of this, a professional property management company also makes sure that the rent from your rental property reaches your bank account promptly so that you can meet your financial responsibilities most efficiently.

On top of these benefits, professional property management also leads to the absence of instances where the tenant fusses over rent payment, delays the payment or attempts to lower the rent by any means.

Property tenant icon

You’ll be able to find the best and most trustworthy tenants in no time

You simply can’t let your rental property to a tenant that hasn’t been properly vetted or who has questionable legal records. This is the reason why you should avail yourself of professional property management services.

With professional property management professionals on your side, you can rest assured that the tenant living or working in your rental property doesn’t hold any criminal records or won’t create any problems for you in the future.

Timely property deal

All legal processes will be completed on time and efficiently

All real estate transactions are complex and lengthy. It isn’t news that the legal processes of renting your property to a tenant won’t be any easier. Hence, to keep yourself from agonising over ensuring that all paperwork regarding the tenancy of your real estate property is in order, hire a property management team today.

Property tenant turnaround icon

Your property will not lay vacant for long

Owning a vacation rental property can be a financial liability as you’d need to bear the costs of owning a rental property such as its taxes, utility bills, repair & maintenance expenses and so on – even when the property is vacant.

This adds to your financial responsibilities thus making it that you lose money instead of gaining any a possibility.

With a professional property management team by your side, you wouldn’t need to worry about your rental property lying vacant as the professionals will have a new tenant at the ready as soon as your existing tenant moves out.

This means that there will be no downtime for your rental property and you’ll be making a profit rather than a loss.

Intriguing, right!?

It’s evident by now that with a professional property management team or professional by your side, owning a rental residential or commercial property could be a less demanding hustle that you can carry on without being stressed. For more details regarding this matter, be sure to go here.

[disclosure*]

All image credits

4 tips for landlords decorating their rental property

4 tips for landlords decorating their rental property | H is for Home

You may have moved in with your partner, inherited a house from a family member or invested in a buy-to-let property. However you arrived at the position of having a spare house, it would be advantageous financially to make the property work for you. If you decide to let it out to provide you with an income, there are a few practical things that you, as a landlord, need to consider when decorating your rental property.

Sitting room decorated with white walls and neutral coloured furniture

Keep it neutral

Paint the walls the same colour throughout – easier to touch up when the tenant moves out. You can buy decorator’s sized tubs of magnolia, brilliant white or similar. This is particularly economical and time-saving if you have more than one rental property – you can decorate them all in the same colour and brand of paint. Not only is a simple, neutral interior good for a landlord, potential tenants would rather move into a house or flat that is bright and light with a fresh lick of paint.

Similarly, if you’re renovating the bathroom, a plain white bath suite and plain white tiles are not only more economical, they’ll be preferable to a renter too.

Laying a laminate floor

Make it hard-wearing

Landlords should be realistic and expect some degree of wear & tear on their property. This is especially so if the house will be lived in by students or children.

Lay vinyl or wood-effect laminate flooring in heavy traffic areas such as hallways and kitchens. In bedrooms and sitting rooms, install carpets that are stain repellent and are easy to clean. Where possible, choose paint for walls and doors that is scuff-resistant and can be easily cleaned with hot soapy water.

Unless you’ll be leasing out a luxury apartment or manor house, don’t leave any furniture, fittings or accessories that are of considerable worth or have sentimental value. Just think, is it worth the risk of them getting damaged or destroyed?

Checking a fuse box

Ensure it’s safe

There are stringent health and safety regulations that you need to adhere to when you let a property. Avoid the possibility of gas leaks, faulty electrical wiring and other fire hazards. Install smoke and carbon monoxide alarms and regularly check that they are in working order. Ensure that any electrical appliances provided such as kettles, toasters and microwaves have been PAT tested.

Fitting something as cheap and simple as anti-overflow sink and bath plugs will avert leaks that can lead to costly repairs. stairs/bannisters

Also, be security-aware – check that locks on doors and windows of the house, garage or out-buildings are secure and comply with your insurance policy. Check here to compare landlord insurance plans.

Flat-pack furniture

Make it practical

Will your property be marketed to potential tenants as furnished or unfurnished? If it’s to be the former, provide simple, economical yet robust furniture. Invest in flat-pack beds, tables & chairs and storage solutions from retailers such as IKEA, Argos and Habitat. Opt for a sofa or suite with removable covers that can be removed and laundered. When buying mattresses, spend a little extra and include mattress protectors.

Remember to provide basic details and practical items such as kettle, toaster, cutlery, tin opener, shower curtain and ironing board. Related to this, it’s important to conduct a thorough stock take prior to the tenant moving in; it will avert problems when it comes to their moving out day.

[disclosure*]

Tips on how to style your holiday home

Tips on how to style your holiday home

If you own a holiday home or have recently purchased one, you need to know how to prepare for the guests to arrive. You have a blank canvas on which you can truly use your style to give it a unique touch. Thanks to the rise of sites such as Airbnb, you can now rent out your property for days or weeks at a time when you aren’t using it, meaning you can get some welcome additional income to help with your household bills or Christmas presents. However, you don’t want your home to lose those quintessential touches – making it feel more like a hotel than a cosy bolt hole. So, whether you plan to use your holiday home yourself, or are looking to rent it out to holidaymakers, then keep these styling tips in mind.

Large picture window in a holiday home

Flooring

Believe it or not, flooring can make or break a holiday home. If your property is by the beach, then carpet is a nightmare to clean, while woodland cabins could soon see your dream floorboards become mud stained and damaged. If you are planning on renting out your home for several months of the year, then you need to make sure that you put practicality over style when choosing the right flooring for your property.

If your home is likely to be popular with families, then a non-slip and easy clean option will be a functional ideal to help any little accidents to be removed quickly and easily. If your property is in a more urban setting, or you only rent out to adult guests, then go wild with your dream cream carpets or wooden floors. However, if you want to make sure that you protect your flooring then warn your guests before arriving. Stiletto heels will cause some serious damage to your oak floorboards, so it’s better to set some ground rules before you start welcoming guests.

Open fire in a rustic holiday home

Embrace the surroundings

Remember, that your property is your second home, rather than a hotel or guest house. So, don’t let yourself be too influenced by the latest style trends or colour palettes. If you are fortunate enough to own a log cabin or cottage in Cornwall, then embrace your surroundings and any features that your home already offers. Don’t spoil gorgeous wooden beams with garish paint, or get rid of architectural features – as these add a unique touch to your property. Remember, these are all aspects that you can highlight when marketing your house to potential guests. If visitors wanted to stay in a hotel, then they wouldn’t be choosing your home.

Neutrally decorated sitting room in a holiday home

Be bold

Use colour to give your vacation home a truly unique touch. Remember, that you can use bright and vivid colours in the living areas, although bedrooms should be kept neutral so that your guests can feel a sense of calm when they are resting. Neutral tones can make the house feel modern, open and clean, but the use of dark colours in small, cosy living spaces can make any property feel cramped and oppressive for guests. Always buy sample tins of the paints that you like and test them in natural daylight for a true representation of how it will make your room feel. If you have a room that is for younger guests, then you may even want to consider using paint that is designed for easy cleaning. Tots and little hands will soon wreck any white walls, so make sure that you choose a darker neutral tone to conceal any damage.

Neutrally decorated double bedroom in a holiday home

Add unique touches

If your home is full of quirky or unique furniture, then this could influence whether your guests keep coming back year after year. Especially if you are marketing your home for adult guests, then make sure that you use a few unique pieces and items across your home to give it a personal look and feel. From adding some flea market finds, to leaving family photos on display, there’s no reason why you should make your home a sterile or boring environment. So, let your creative juices flow and be sure to include several items or pieces of art work that celebrate who you are as a family. It’s advisable, however, to refrain from keeping objects of high sentimental value in your holiday home, some things cannot be replaced!

Patio overlooking the Greek coastline

Ample seating

Don’t scrimp on seating! Even if your home is small and perfectly formed, remember that when your guests stay in your property they may invite friends and family members over for meals. Be sure to have ample seating in your living room, with a cosy couch and lazy chairs for your visitors to chill out in after their family meal. If your property has a deck, then be sure to provide some outdoor seating too, as your guests will love the opportunity to spend time eating and sharing time with family outdoors. You could even consider keeping some extra seating in store, if you have a garage, so that any visitors can help themselves and make good use of the space. If you’re looking for advice or help on renting out your holiday home, then sites such as TripleNet Gateway can help. Visitors may be put off returning to your property if they can’t enjoy it to the full, so make sure that you consider all options as you prepare your home to receive paying guests.

As a holiday home-owner, you need to make sure that your property reflects your own tastes and style, while providing a practical and welcoming space for any potential visitors or guests. Make sure that you provide enough seating and consider the type of flooring within your home. Don’t be afraid to include a few unique items or family photos to make guests feel welcome and at home – it’s a holiday home and not a hotel. Finally, have fun with colour to make your property feel stylish and warm. There’s no reason why you can’t inject your holiday home with a few stylish touches and colours, just make sure that whatever you choose suits your space. Once you’ve given your home a makeover, you can sit back and enjoy your stylish efforts.

[disclosure*]