Tips for Successfully Finding a Winning Short-Term Rental Property

Admin
Published Date: 2023-09-20

You want to bag an excellent short-term rental property so you have bookings throughout the year. There are a few things that you should keep in mind as you browse available properties to ensure the best results. You can’t just snatch up any deal and expect to turn a profit. It takes a bit more work than that to excel in this industry.

Location

The first thing we want to talk about is location. The area where the property is situated will have a huge impact on how much business you do. Most people looking for a short-term rental want to be close to employment, attractions, restaurants, shopping, and more.

A quiet neighborhood with privacy can also be a great choice since it provides comfort and relaxation that being in the heart of the city might not. Determine what people want and try to find properties that match.

Amenities

Which amenities are available in the property you want to buy? If you aren’t sure, now is the time to find out. Tenants want their short-term rental to offer all the creature comforts and technology that they have at home.

Everything from gourmet kitchens and modern bathrooms to wireless Internet access and a home office can make your listing stand out from the crowd. Provide extras that make your home seem better than the rest.

X Factor Features

Finally, you should look into the X factor features that really differentiate the property from the others in the area. When we talk about the X factor, we’re talking about big things that make a huge impact on those who are searching for the right rental.

A pool could be an X factor in some locations, while a hot tub is in others. Special rooms for gaming or watching films also fall under this category. Think big and get creative if you want to succeed.

Once you have the perfect short-term rental ready to bring in tenants, partner with CHBO to ensure you get the best results. Create a listing with information about the property, including nearby destinations and amenities, and add some photos of the interior and exterior of the home. It’s a hub for corporate travelers and is sure to accelerate your bookings.