Avoid Rental Abuse on Your Vacation Rental

A lot of people today choose to stay in a vacation rental over a hotel. It is quite practical to stay in this kind of property compared to a hotel since it is cheaper plus it has complete amenities. For a host, it is important that you don’t just accept any guest. There are instances wherein you will be dealing with rental abuse. Rental abuse can be tricky because the damage done on your property can cost a lot of money. Now, the best thing that you can do is to avoid this kind of incident in your vacation rental.

Use AirBnb Platform

Instead of just putting your property out there with a website, it is a good idea that you get your booking from Airbnb. Why is this so? The platform allows you to see the feedback from other hosts. Is the person renting on your property someone who is trustworthy? You also don’t have to ask for additional identification because the platform can provide you with this information already.

Don’t just accept everyone

You have to understand that you should also be picky who you are going to accept in your property. You want to do a bit of character check. Try to know why they are staying at your property. Also, you may even want to ask them for some proof that they are the person who is actually staying in the property.

Stay Near the Property

You might also want to live near the property. There are some hosts that live inside the premises of the property that is being rented. This way, you can easily remind someone if there is a possibility of rental abuse. But of course, it can also be a turn off for the guests. There are some guests that want to have privacy. That means they don’t want to have anyone else with them even if you just interact with the guests in the common areas.

Damage deposit

You also want to make sure that you are going to get a damage deposit. But of course, the damage deposit couldn’t be too expensive. You have to understand that a damage deposit will not stop a vandal completely. However, this can also serve as a deterrent. It can avoid guests from being reckless with the way they use your things inside the property.

Invest in security cameras

You also want to make sure that you are going to invest in a good security camera that will monitor the common areas of the house. However, you have to keep in mind that you shouldn’t be invasive when investing in a camera.
Aside from the cameras, you also want to install noise detectors that will tell you if it becomes a bit too loud in your property. This could easily mean that there is a party happening on the premises of your property.

If you plan on investing in a vacation rental, you want to make sure that you protect your property from abusive guests. This can be a tricky scenario because you want to be preventive in your approach.

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Drawbacks of Having Your Airbnb Business

A lot of people today are using Airbnb. In fact, it is a growing business. There are over 3 million listings worldwide. And if you will look at the numbers, around 11% of adults in the US have tried using Airbnb and similar websites. The fact that it is so popular today, many homeowners are actually looking to turn their home into a growing business. But is this really a good idea considering the number of things that could happen to the property?

There are many drawbacks that you have to anticipate if you are going to be a host. Steve Barbarich Airbnb provides some of the best options out there. However, before you even follow the same formula, it is a good idea to understand what to expect from this industry.

Not Getting Fully Booked

If you are expecting that you are going to have a fully booked month all the time, then you are completely mistaken. There are some properties that are actually lucky if they can fill up even half of the month. Do not be frustrated if this is the case. This is expected from the travel industry. Expect the peak days and expect the weekdays.

The good news is that there is something that you can do if you encounter a week month. You can adjust the price for your guests. You also want to engage in different types of marketing efforts and not just rely on your potential guests to find your property. You can make use of Facebook and even have your own site. Here, you can showcase what makes your property standout compared to the other Airbnb properties.

Cost of repairs and renovation

You also have to anticipate the need to pay for renovation and for the repairs. A home that functions as an Airbnb means that it should be perfect for the guests that are planning to stay. It is important to check every detail from cleanliness to the functionality of the home before you have it rented out.

Not getting the reviews that you want

Keep in mind that there will always be guests that are hard to please. You can avoid this scenario by making sure that they are comfortable in your property. Also, take the time to screen who you are going to take inside your property. Also, you don’t want to get a guest mainly because he or she is willing to fill your rooms. You want to also check the background and the profile of the person. You want to make sure to not accept guests that have red flags written on their profile.

If you are going to have an Airbnb property, there are some things that you will have to know. One of which is that it isn’t actually as simple as you think. It requires a lot of effort in order to please your potential guest. And lastly, it takes a lot of money in order to run your business. You will have to spend on renovations as well as on maintenance.

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