Since Airbnb launched their rental option, travellers are able to stay for longer periods of time – from at least 28 days. We ask whether more traditional renting methods have, or will, become redundant?
We get it, renting through Airbnb is a doddle. You just find somewhere you like, pay the fee and it’s as simple as that. It’s an easy short-term letting strategy for the renter, but how good is it really for the landlord?
If you’re looking to invest in a property and decide to run it through Airbnb, you’ll soon realise that its customer activity is similar to hotel. There’ll be peak periods and possible void periods, making it very difficult to guarantee a full capacity all year round and create a steady income stream.
But, who knows, maybe you have got people queuing up around the block to book with you and that’s great news for you – but is it so good for your carpets?
If you use Airbnb, your property is like a revolving door as people are constantly checking in and out. This drastically increases the chance of more regular wear and tear meaning that your maintenance costs could double, or even triple!
That’s money that you could be better investing, maybe in a second property, or maybe treat yourself to a new kitchen, or even a holiday!
There’s no denying it, we are firmly in the corner of traditional letting methods – but that’s not through blind faith. The system works and if it isn’t broke, don’t fix it!
If you choose to partner with a reliable, trustworthy and experienced lettings management agency, you can avoid all of the worries and stresses that you’d have with renting your home through Airbnb.
Have your tenants ever fallen on hard times, meaning they’re unable to pay? Or have you hit a bit of a dry spell where you struggle to let the property out for a month or two?
Well with Rent Protect Pro from Douglas Allen, you can guarantee 100% of your rent for up to 15 months!
And what about those pesky bad reviews mentioning damaged toilet roll holders or worn carpets?
Our rentals are for a minimum of 6 or 12 months, meaning your tenant is there for the long-haul. We also arrange routine inspection visits to confirm the property is kept in tip-top shape and to ensure the tenant will care much more about the home. With all of this in place, your property is far less likely to get damaged… but if it should, we have fantastic insurance products available to offer complete peace of mind.
Did you know that we take, on average, just seven and a half days to let your property so you can be sure that your income stream is kept running smoothly.
It’s a no-brainer, right?
Traditional letting management agencies are surely the logical choice for any landlord looking for total peace of mind.
So get in touch today and we can arrange for one of our experienced, local letting experts to come out to the property and show you the true potential.