Are you a host already or just looking to get into the short-term rental industry? Then you may know from research or first-hand experience how great of an opportunity websites like Airbnb provide. These platforms offer the ability to rent out an extra room, house, apartment, or event space to earn additional income. Becoming a host is as easy as filling out some forms which takes no more than five minutes, but unfortunately hosting isn’t as easy as just collecting money from your guests. It’s a process. Anyone can be a host, but not everyone can be a great one. Hosting takes patience, discipline, perseverance, and kindness (which is growing exceedingly rare these days). A better solution than handling everything by yourself may be to have your property serviced by a short-term rental property management company instead.
1. Less Stress
Hosting can be tiresome. If you have been in this industry, I’m sure you can attest to this fact. It is a much more complicated process than it seems objectively. The typical process of hosting involves: creating your listing, communicating with prospective guests, vetting and booking, handling the check-in process, communicating with guests during their stay, leaving a review, restocking materials, and resetting your home in preparation for the next guest. Ideally once you get the hang of this, the goal would be to become a Superhost which typically earn more money and obtain more bookings. It’s an involved process, but it’s completely doable. However, having to handle bookings on top of day-to-day life occurrences can become taxing after a while. Instead hiring a trusted property management company can take the stress off of having to do everything yourself.
2. More Freedom
At BrightHost one of the greatest gifts we give our clients is freedom. Without having to do a lot of the rudimentary work of handling tasks yourself, you now have more time. You get to spend your day instead doing the things you enjoy. We know family and work are important, so why not give more of your time to the most important things instead. People don’t often take care of your things as well as you do, but here we aim to disprove that. We ensure our clients are at ease by sending out weekly reports with upcoming bookings as well as communicating regularly to keep you informed. This way you benefit from not having your property dependent on you without being left out of the loop.
3. Passive Income
To no surprise the main reason people want to become AirBnB hosts is because it affords anyone the opportunity to make additional income. The allure of making passive income sounds amazing, however truly there is no such thing as 100% passive income. As discussed previously, being a host should not be taken lightly. It takes genuine work to be successful as a host. Unknowingly as a host, you sign up to become a maid, a butler, a security guard, a PR person, and most often spend hours of time on the phone with support. There are so many demands on one’s time that you wouldn’t have expected initially. However if you have a great property manager that manages the entire process for you, you now have the luxury of truly passive income. Though managing your own property is free, consider if the money saved is worth the stress and time required. We value optimizing your profits, so at BrightHost we price ourselves competitively to offer you the best rates. We optimize your property while providing unmatched service, so you can make more revenue with less work.
As seen managing a short-term rental property is more involved than it seems, however it is certainly rewarding. Allow us at BrightHost to help make hosting your property much more enjoyable by reducing the stress from day-day operations, affording you more freedom in your day to day life, and making your Airbnb property a truly passive income. We are a short-term rental property management company that focuses exclusively on short-term rentals. We pride ourselves on serving our clients with excellence while constantly delivering value.
