After so long living with lockdowns and travel restrictions, many of us are eager to get out and start traveling again. You might be looking for a way to get out of the rat race, explore Australia or travel the world. It’s time to get back out there and explore!
To travel for extended periods can be expensive however, with some clever planning your home can be quite profitable while you are away. Many of us have had our incomes greatly affected over the last couple of years so transforming your home into an Airbnb can be a great way to help fund your adventures.
Traveling for extended periods is more possible than ever before, with many of us now allowed to work remotely. This means you could continue working while traveling the world. Your travels may be partially paid for if you rent out your home on Airbnb. If you know very little about Airbnb, it’s a service where homeowners can rent their homes to travellers who want to experience your region without having to stay at a hotel.
Check the Regulations
When it comes to Airbnb, there are many rules, regulations, and laws to consider here in Australia. Different states, councils, and owners corporations may also have their own set of requirements to follow.
If you are planning on renting out your home, make sure to read all the rules carefully, get some legal advice and check with Airbnb beforehand about any restrictions in place for where you live. You’ll need to pay particular attention to any safety issues such as swimming pools if your backyard features an outdoor loving space.
If you are renting your home, it can be even more challenging to get consent from your landlord. You should contact your real estate agent or landlord to talk about your options.
How to Manage Your Airbnb
While you are traveling, it’s important to have someone responsible to manage your property. Airbnb Property Managers take care of your space while you’re away, making sure it stays clean and safe for the next guests.
When you list on Airbnb, things can and do go wrong so you need someone responsible to take care of it while you travel. Anything damaged or stolen will likely need to be replaced and decisions will need to be made if guests were at fault.
An Airbnb property manager will do what they can to get the best reviews and ensure that your listing is always top-notch while you travel. This ensures a successful Airbnb business for everyone!
Setting Up Your Airbnb
If you’re using Airbnb Property Managers, they should be able to help assess your home and make recommendations to make your property more guest friendly. It’s important to set up your home so it’s an amazing experience for guests, so you attract fantastic reviews which will increase your bookings and the fees you can charge.
It’s worth checking out what the leading Australian Airbnb hosts are doing to be successful. It can also help to create a theme for your home. A serene, Zen styled home can perform very well as an Airbnb for the right type of property.
There is a lot to consider. You’ll need to consider where you store your valuables and what items would be useful and appreciated by your guests. Do you allow smoking indoors? Do you allow pets? Is your internet reliable and easy to connect to? It can be a great touch to provide a welcome book containing interesting aspects of your location and written instructions for anything that may help within your home.
Seasonal Tips
If you are traveling while renting out your home as an Airbnb, you’ll naturally consider the season of the location you are traveling too however you should also consider the season at home.
Travellers may expect different things from their accommodation at different times of the year. If your home is near the beach, you may have a lot of interest in your Airbnb during the warmer months and can charge far more.
There is so much to consider when setting up an Airbnb. We’d love to hear your thoughts in the comments below.
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