The long anticipated response from the government on the recommendations into regulating the short-term letting industry was released in April and provides some much needed clarification on their position and future potential regulation and legislation.
In March we wrote a blog that looked at the rental income achieved using Airbnb vs ‘traditional’ long-term lettings. This income was over the 12-month period from February 2015 to January 2016 and showed an increase of 52% up to a staggering 96% using Airbnb.
As we start to enter into Sydney’s Airbnb high season we thought we’d carry out this comparison again focusing on the months of October to March.
Just how much extra could you be making during this period if you used Airbnb?
So you’re looking for someone to manage your property and you’re either already using sites like Airbnb or you’ve heard about the benefits of short-term letting and are considering using them. All excited you’ve got to work on researching potential Property Managers and you’ve prepared all the questions that you need to ask them. So far, so good.
If this sounds like you then make sure that you have included the two most important questions on your list (and many people overlook them by assuming that they’re a “given”).
For many people being an Airbnb Host is still a truly magical experience but for others the passion and excitement they once felt has faded away. This has become known as Airbnb Host Fatigue and in this blog we look at the common reasons for Airbnb Host Fatigue and how to avoid it.