Renting real estate is a form of investment that takes time and dedication.
Evaluating everything in a concrete way, with extreme caution and precision, perhaps starting from the drafting of a business plan for the holiday home, will allow you to have a clear overview of the various scenarios that may arise. Do you need help deciding whether to rent properties soon? You are in the right place. We will take care of helping you in this activity.
First of all, let’s get familiar with the definition of "short term rent".
Short-term rent - in common parlance, tourist rental or "holiday homes" - is the lease for limited periods of a furnished property and is in fact governed by a temporary contract that must be renewed periodically in order for it to remain valid. In fact, at the owner’s discretion, as well as based on the location and a number of other factors, this type of property is usually rented on a weekly or daily basis.
Many vacation home owners rent their property for most of the year or in all periods when they do not use it themselves.
These tourist rentals are for stays of up to 30 days and do not require registration of the contract with the Revenue Agency (a private agreement between the two parties is sufficient).
Over the past few decades, vacation rentals have become a popular alternative to hotels. This, in particular, with the birth of websites such as HomeAway, Airbnb and VRBO, based on the sharing economy.
Thanks also to these portals, each owner has the opportunity to enter their property and has the opportunity to try their hand at this activity.
However, preparing a good announcement with beautiful photos is only the first part of a much more complex and expensive job, especially for those who want to do it in their spare time.
All the preparatory and subsequent activities upon receipt of a reservation require proper management. Analysis, knowledge, area and competitor assessments, customer reception, customer management, organization and staff coordination.
In fact, to obtain excellent results, there is a need to personally follow all these phases.