Whether you are using your personal home or your rental unit, there are certain steps to take to start offering a furnished rental unit. These six tips will get you started.

Who is your client?

In the short term market, clients travel for business or pleasure. These two groups have very different needs. Business travelers tend to stay longer, but pay a lower rate. Vacation travelers stay for a… Read More »

Even as technology allows the world to become cheaper and easier to explore, traveling is still expensive. Increasingly, short term rentals through sites like VRBO, Airbnb and the like have become popular for vacationers and business travelers alike. You already pay for your housing costs, so why not offset your mortgage with some rental income during the times when you are not home? Turning your personal dwelling into a short term rental might be a… Read More »

Websites such as Airbnb, FlipKey, and VRBO have given rise to the increasing popularity of short term rentals. As explore whether this kind of rental will work for your home or rental property, there are several considerations to make. It is important to make sure this rental model meets your rental goals before adjusting your rental strategy. Here are several items to consider when evaluating whether to make your rental into a short term rental… Read More »