A second, unused property is an excellent way to make additional income. The most common form of additional income that people choose is to short-term rent their property through services such as Airbnb. If you are considering renting out an additional property, using a management company will help you generate income easily without putting too much work on you.
There are plenty of management companies available that will take your property and help you make the most of it. Of course, these companies charge a small fee, but for the amount of work they put into your home, the fee is well worth the extra money you will receive.
Companies will differ in the services they offer, but from most, you can expect at the very least:
- Maintenance and Cleaning
While extra services may be offered, these are amongst the most common that property companies offer. If you are looking for an Airbnb management company in Sydney, there are plenty of reliable services that will go beyond just these. But what all do these services entail?
Management for Your Property and Your Guests
A management company will first and foremost, help manage your property. What this means is that they will help put your house up on rental listings such as Airbnb, Expedia, etc… They will take beautiful photos of your property, and have a professional writer describe your home as the personal heaven that it is. They will also deal with the check-in and check-out of guests, as well as general requests and inquiries. You can sit back and simply watch your money grow!
General Cleanliness and Maintenance
Included in many management companies’ services are cleaning and re-stocking. Your property will be cleaned after each guest, so it is spotless before the next guests arrive. In addition, they will ensure that your bathroom supplies are always stocked and that your guests will always have fresh towels and linen. This is an important service that takes a lot of hassle and extra work off of you.
Style and Furnishings
Many companies have a keen eye for property—that’s why they’re in the business! When you sign up with a management property, they will help with styling advice to really make your place shine and ensure that you’ll generate even more guests than before.
A management company is a wonderful way to put your property on the market for short-term rental while reducing the stress that goes into renting out a house or apartment.