fbpx

8 Tips/Ways to Maximise the Return From Your Airbnb Rental Properties

Managing rental properties in Melbourne can be a lot of work. The short term rental market here is competitive and the cost of maintaining your investment property can be fairly high. So to make things easier for you, we’ve put together 8 tips to help you increase the amount you’re earning and maximise the return on your investment.

 

1. Invest in your listing

Having professional photographs and setting the scene in your property are going to have a huge impact on the quality of your listing. You want people to be attracted to your listing and it needs to stand out from the rest, and hiring a professional photography service can help you achieve this even on a budget.

 

2. Look for a tax deduction where possible

A great way to save money on your Airbnb property is to seek tax deductions when possible. This can include furniture depreciation, cleaning fees, property management fees, repairs and also professional photography.

 

3. Consider your return on investment (ROI)

When you invest in your Airbnb property, it’s important to focus on how much return you get for every dollar you invest. Contact Oasis Stay to find out how much you could make from your Airbnb property by learning to optimise your budget and take an ROI-centric approach to your investment.

 

4. Support for pets

While making a property pet-friendly involves a bit of extra work, you can often charge additional fees and attract more tenants if you support them.

 

5. Focus on property styling

Styling your property will make a huge difference in how your property stands out. Hiring an interior designer to help is well worth the money and will help attract a larger audience. It’s far more effective than trying to style the property on your own, especially if you have no design knowledge.

 

6. Modernise your property

If it’s within your budget, try and modernise your property. Include modern amenities, appliances and a solid internet connection to attract more guests. Some additions we can suggest are air conditioning, a WiFi router, a large television, a modern washing machine and a range of cooking appliances.

 

7. Make your property suitable for short stay and long stays

Allow your property to be rented for both short stay and long stay tenants. This will help your Airbnb listing appear to more people. Offer discounts for long stays to encourage people to pick you over the competition.

 

8. Be proactive with Airbnb management

Whether it’s Airbnb cleaning or repairing things that your previous tenant reported, be proactive with your management. A Melbourne Airbnb management company could help you manage most of these concerns, such as contact vendors as needed. It’ll save you a lot of time and ultimately help maximise your return.

What Is Airbnb And How Does Airbnb Work in Australia?

Airbnb has, without a doubt, revolutionised the way that people travel. It’s quickly become one of the most popular platforms to search for accommodation and it’s also opened up many income opportunities for people that own property. Whether it’s sharing a room in your home or turning investment properties into lucrative ventures, there are lots of ways to make use of Airbnb. So in this article, we’ll explain how it works in Australia to give you a better understanding of the service.

 

How does Airbnb work?

Airbnb is essentially an online marketplace that allows you to search for travel accommodation, but you can also rent out a property and spare rooms. You can list your property or spare room on the website and pick the price you want to charge. Airbnb then takes a commission for every booking and also charges guests. You can choose different criteria that match your home and you can upload photographs to attract more attention and show people your property.

 

Can I trust Airbnb and the guests?

There’s always going to be some concern with bad guests and tenants, but it carries the same amount of concern as renting your property out to anybody. In addition, guests and hosts both receive ratings, meaning you can decline someone or cancel a booking if you don’t want a certain guest coming to your property. There’s also a verified ID system that confirms people’s identity with offline documents such as photo ID.

 

Do I need a property manager for Airbnb?

A lot of people wonder “why do you need a property manager for Airbnb properties?”, especially if you can manage the property on your own. The answer is usually because there are countless different responsibilities in being a landlord for your property. Whether it’s listening to feedback from tenants or repairing certain appliances, a property manager can help look after your property and will ensure that it’s kept in top condition. This will make managing an Airbnb property much easier and you won’t need to pay as much attention, resulting in less stress on your behalf.

 

How does Airbnb work in Australia?

Airbnb is an international service, meaning that there are no major differences in how one uses Airbnb in Australia. However, there are usually a couple of responsibilities, such as tax declarations, that must be taken into consideration if you’re renting out your property in Australia. This is where an Airbnb management service can help you with financial issues such as tax deductions to save money, reporting income and so on. Since it’s considered taxable income, you’ll need to keep records of your Airbnb earnings and report them to avoid getting in trouble. Other considerations will also be covered by a management service, making it the best way to manage your property on Airbnb stress-free.

How to Find Positive Cash Flow Properties in Australia

You often hear people say that Australia has a wonderful real estate market that has plenty of positive cash flow properties to choose from. While not exactly false, it’s definitely a challenge to find properties that are worth investing. The approach people take to investing is usually the source of their woes, so in this post, we’re going to talk about how you can find positive cash flow properties in Australia.

 

Understand that there are lots of additional costs when investing in a property

Numbers are helpful, but people often focus on the wrong statistics and figures which leads to unrealistic expectations of a property. For example, if a property has $500/week rental income and the mortgage is also $500/week, people often think that it’s a neutral property that will eventually pay for itself until you eventually own the property. Unfortunately, there are additional costs that need to be considered, such as maintenance, repairs, council rates, insurance, utilities and so on.

The important thing here is to understand that there are additional costs involved when investing in a property. The mortgage and rental income aren’t the only figures you should be worried about and there are many unexpected costs that could eat into your positive cash flow. This is especially important in congested areas, hence why we’d suggest an Airbnb management service for Sydney if you plan to rent out your property for short-term stays to travellers. You’ll have a much better understanding of the additional costs and can find more properties with the potential for positive cash flow.

 

Consider the many ways to rent out a property

There are a couple of ways to rent out a property and some solutions may be better than others depending on the location and style of your property. For example, an inner-city apartment in an area like Melbourne may actually fare better on a service like Airbnb. This is because Airbnb is extremely popular with tourists and travellers that stay for short periods of time, meaning they’re more likely to pay higher rental and service fees. While it can result in longer vacancy times, that concern can be mitigated by focusing on your property.

When combined with an Airbnb management service for Melbourne, this can be a fantastic way for you to create a positive cash flow property in Australia.

 

Seek more opportunities around the country

One great tip to find positive cash flow properties in Australia is to never focus on just a single area. There is limitless potential for great property investments if you look around different parts of Australia and are willing to work with property management services. For example, finding a suitable Airbnb management service for Brisbane can make managing distant property a breeze. It’s a fantastic way to seek new opportunities for property investment around the country.

4 Tips to Make Airbnb Hosting Easier

Airbnb hosting can seem like a huge responsibility, especially if you’re trying to maintain good standards and attract as many guests as possible. When you’re first starting out, it can seem like there are countless things to keep an eye on such as maintenance, housekeeping and property management. Fortunately, it’s actually a lot easier than you might think. In this article, we’re going to explain four simple tips that will help you make your life as a landlord much easier.

1. Create a guide for your property

When you have visitors coming for a short stay in your property, chances are there might not even be from Melbourne or even Australia. As a result, they might be a little confused at how to use certain appliances, or maybe they’re unsure how to use your WiFi connection and electronics. To solve this, make sure you make a little guide on how to use the appliances around your property. This can be just a little booklet that you laminate and place on your coffee table. Alternatively, a rental management service can also help you create one if you use a professional service to look after your property.

2. Make a list of local vendors

Vendor generally refers to any kind of service that helps you manage your property investment. For example, it could refer to a cleaning service, a handyman to repair appliances or even a local contractor for building repairs. When working with an Airbnb property management service in Melbourne, you’ll typically have access to a wide range of private vendors and vendors that are affiliated with the Airbnb management service.

3. Use a professional property management service

We understand that you might be struggling to cope with property management because it’s simply too time-consuming. In a case like this, we’d suggest contacting a service like Oasis Stay rental management service to help you look after your investment. Not only will they manage property maintenance, but they’ll also help you respond to guests and arrange vendors for repairs and other similar needs. This can greatly reduce the amount of time you spend on managing your Airbnb property.

4. Add an option for self check-in

Self check-in is an option that allows your guests to access your property via a key lockbox, smart lock or keypad. These are inexpensive to install and it’s often one of the best ways to reduce the amount of time you need to spend meeting with guests. Self check-in properties often give you the luxury of managing a property without ever needing to see your guest. You simply give them a code, they unlock a lockbox and take the key, and then they’ll only contact you if they need anything. Once they’re finished, they’ll simply lock everything up and place the key back in the lockbox. This saves a lot of time and hassle, especially if you live relatively far from the property.

Put Your Airbnb Properties Online Before the Lockdown Ends

The COVID-19 global health crisis has had a massive impact on all businesses. However, lockdown measures have been felt particularly harshly in the travel and tourism industry. 

Social distancing and the recommendations that everyone stays at home have put travel out of the equation. 

If you are the owner of a property that you’d like let out on short leases, you’ll have no doubt had to close your doors and will have lost all of your trade during the lockdown. And, you’ll probably have some very reasonable concerns about the future. 

With worries over the state of the economy, and with uncertainty over how long general social distancing measures will last for, how should you handle the crisis from a business perspective? How can you make money from your property?

One way that you could do this is to offer your property up for rent on Airbnb. 

Taking proactive measures to promote your Airbnb is essential. One of the best promotion strategies will be to list your Airbnb property online before the Australia COVID-19 shutdown ends. 

Life After Lockdown

Life After Lockdown

After spending weeks in shutdown, Australians will be feeling restless. Many will have had to cancel travel plans already, so there is a chance that many people will want to take a holiday. After all, it’s been a stressful couple of months. But with overseas travel out of the question, for the time being, staying in Australia may be the only real option for many. If you own a property that you’d like to rent out on a short lease basis, it will be essential that you be ready to capture the staycation tourists. 

 

List Your Property on Airbnb

Airbnb is one of the most successful short term rentals platforms. With around 150 million users, the site provides listings for short term lets and a way of arranging the booking. This makes it a great idea to list Airbnb properties in Australia. Users can look at properties in specific areas. With pictures and descriptions of the property posted to the site by the home’s owners, it’s vital that your listing will stand out from the crowd. But how do you write a great Airbnb listing? What do visitors want to see from the property?With the help of an Airbnb Management for Melbourne properties, you’ll get the best quality photos and descriptions designed to convince tourists to make a booking. Not only that, but at Oasis Stay, your property will be perfectly staged to make it desirable to renters. Having the help of people that know what customers are looking for in a property will really help to make your property more impactful in the Airbnb listings. Take Care of Airbnb Property

Taking Care of Your Airbnb Property

Once you’ve signed up to Airbnb, you’ll start to get visitors. However, along with visitors comes the need to take care of your home continually. Between guests, the property will need a full clean. There may be maintenance issues that need addressing from time-to-time. This probably all sounds fine if you’re running bed and breakfast. It’s perhaps all par for the course. However, for the majority of Airbnb property owners, letting the property out provides a sideline income. You may have a regular job to go to. You may not even live close to the property to be able to keep making trips. There are ways of keeping your property looking great at all times without the need to spend so much time and effort into the upkeep of your short-term let. Make use of the services of Airbnb Management Service for Sydney, and your property will be well taken care of. That means that you’ll get the rental income on your property, and someone else can do the work for you. 

 

Listing With Airbnb During COVID-19 

If you’ve got time on your hands due to the current COVID-19 restrictions, this is an excellent time to start planning your Airbnb listings. The sooner your property is ready to take in guests, the quicker you’ll start to see the rentals coming in. Given the current situation with COVID-19, you will need to make specific considerations. Firstly, you may see a more significant number of cancellations that usual. If you are prepared for this, you can manage this situation easily. You may also want to be flexible about lengths of lets during the pandemic. Having the flexibility to take longer-term renting may mean that your Airbnb property is never left empty. For help with your Airbnb property listing, get in touch with Oasis Stay property management service today. 

How to Limit the Impact of Coronavirus Cancellations for Short-Term Rental

We’re now well aware of the far-reaching consequences of the coronavirus pandemic on the short-term rental industry. Property managers around the world are faced with an inevitable influx of booking cancellations. While it may seem like the only option is to brace for impact, now is the time to be proactive.

With this global crisis putting the world somewhat on pause, it’s critical to consider new strategies for preventing future cancellations and ensuring that canceled bookings aren’t entirely lost opportunities.

Here are some key strategies for making the most of current cancellations and mitigating the risk of future losses.

Targeting the right customers

Short stay rental market for the tourism during this crisis does die out, however, to whoever actually needs an accommodation whether its due to quarantine, border closure or city lock-downs. Those guests generally tend to seek for a longer reservation and that is what we should target and attract.

Make it appealing

Put highlights in your listing profile photos: sanitized property , enough toilet paper rolls, masks provided, grocery shopping, or fast wifi, playstation 4 and games provided. something to let these guests know it is comfy for a long stay by a glance .

Pricing

Short Term Rental Cancellation Solutions

Increase long term discount and lower daily prices. Not from 5% to 8% weekly or monthly discount, we are talking about 10-20 % discount or more. Remember empty property would not make a dime for you.

Change it to flexible refund policy.

At this stage, we should worry about if we have any guests left , not what if guests cancel before they come. Guests want more protection toward themselves , give them what they want. Don’t forget to highlight this in your listing profile picture to let guests see yours is better than others.

Make the move first

Focus on the bookings you still have in place to limit the damage before guests even have a chance to completely cancel their reservations. Given that travel regulations are tightening, it’s likely that you’ll experience more guests seeking to cancel, so it’s important to be proactive before they do so.

For guests with bookings in the next 3-4 weeks who are likely to cancel due to COVID-19, try reaching out with offers designed to avoid outright cancellations and secure future business. For example, ask guests if they’d like to reschedule their reservation — and to help seal the deal, include a discount that guests can use when booking new dates.

Staying Aware

The best way to remain proactive and offer guests effective solutions is by keeping a finger on the pulse of what’s happening in our industry as a result of coronavirus. To make sure you’re always on top of the cancellation policies of the OTAs (online travel agencies) your properties are listed on, refer to these helpful links:

There are new policies and news updating on daily basis. Some of them are critical to help hosts get thro this Crisis.

Seeking for help from management agencies or management system

The way short stay managing agencies work is no income no commission. Especially with Oasis Stay, during the COVID-19 crisis, we offer list your properties first then charge later to lower the cost for owners to see if it works.

Guesty Property Management

Guesty as a property management system is also worth mentioning. They are able to list your properties on multiple platforms syncing messages, payment, prices , tasks and help hosts to communicate with platforms. During the dark time, they have been helping a lot of agencies and hosts to stay on top.

 

7 Amazing Tips to Make You the Perfect Melbourne Airbnb Host

Airbnb management Melbourne can be a lot of work, especially behind the scenes wherein you need to build your brand, grow it, reach out to clients, and manage their stay in addition to being completely professional at all times.

Here are 7 incredible yet practical tips that you can implement, as an Airbnb host in Melbourne, in order to stand out from other Melbourne Airbnb property managers:

  1. Be detailed:

Pay close attention to detail. Only when you set right the detailed aspects of your home will your business start to skyrocket.  Your guests are not expecting any unpleasant surprises thrown their way. So, make sure you mention each aspect of your property in great detail so that your guests’ stay turns out to be nothing but pleasurable.

  1. Be competitive:

Healthy competition is the key here. Sure, you may have the best services and the most beautiful and comfortable rental home, but with adequate positive reviews to back it up, potential clients may not take your business seriously.

Hence, make sure you always ask for feedback. In the case of positive feedback, dg deeper to know what precisely they liked while you can work on upgrading those services. A negative feedback definitely gives you more room to revamp your Melbourne Airbnb rental management skills for better customer experience in the future.

  1. Be relevant:

Keep updating your services and postings regularly. You needn’t revamp your listings altogether but a few tweaks here and there will do the trick. Keep posting fresh pictures and keep your description trendy.

For instance, if there’s a popular show or an event happening nearby, you might want to mention it to the guest prior to booking so that you can hike your prices accordingly.

  1. Be generous:

Sure, we understand you can’t be overly generous with every guest, but basics like shower gel, shampoo, and a spare toothbrush didn’t hurt anyone. While at it, some popular snacks and chocolates can be a good way to earn those brownie points!

  1. Be financially apt:

It is important to be on the top of your game where financial and legal issues are concerned. Stay fully aware of the changing legalities regarding putting up your home on rent. Also, never hesitate to invest your money back into this business in order to gain much more returns sooner rather than later.

  1. Be mindful:

Regardless of you renting your space just for the weekends or all year round, be mindful of your neighbors. Better still, keep them in the loop. In addition to that, make sure your guests are fully aware of the rules in your neighborhood pertaining to parking, loud music, and pets in the vicinity.

  1. Be welcoming:

This is, perhaps, the biggest aspect that most Airbnb hosts don’t work upon. You need to make your guests feel wanted and welcome under all circumstances.

In order to do this, you can hand them a travel guide as soon as they land at your doorstep. This will include ways to access public transport, local eateries, shopping areas, and underrated areas in your city.

Also, you can include another booklet or guide which talks about your home in detail. Add a personal touch to it like a story that dates back to how and when the homeowner purchased the property and if there’s any sentimental value attached to it. Nothing establishes a bond stronger than an emotional connection.

While at it, include small details to go about your home in this guidebook as well, like running the faucet, radiators, and where to access the first-aid kit and so on.

Summing it up:

As a business owner, you need to stay consistent on these tips until your brand starts coming across as reliable and trustworthy to your clients. This may take anywhere between 6 months to a year to upgrade your Melbourne Airbnb property management, but the results are highly worth it!

10 Fun Facts about Airbnb

Airbnb is one of the leading names in the vacation rental business promising its clients amazing, professional service. 12 years post its foundation, Airbnb continues to grow with steep figures every passing year.

However, not everyone knows about their humble beginnings when the company was still in its budding stage. Their future plans, numbers, and social work is far more interesting than what appears on the surface.

Here are 10 fun facts about Airbnb that will have you looking at them in a different light:

  1. “Air” bnb:

The very first item to be rented by the founder Brian Chesky and his roommates was an air mattress on their living room floor. They did it as a desperate attempt to pay rent. The “air” in Airbnb is a tribute to their humble beginnings.

  1. Standing out on breakfast:

Founded in 2008, the very first funding for Airbnb came from selling repackaged boxes of cereal ‘Obama O’s’ and ‘Cap’n McCain’s’ which was popular then due to the Presidential elections. It helped generate $30,000 by selling each box at $40.

  1. Small in size, Big on experience:

A one-square meter water-proof construction house in Germany, one of the smallest houses and intended for one, was listed on Airbnb. It had a desk, a bed, and a chair.

It was one-euro-a-night rent on wheels and was the cheapest listing in Europe at the time. This inspired a young artist in Boston, Massachusetts to build a similar house which was a hit as well.

  1. Variety of living spaces:

There is a huge variety of living spaces that Airbnb offers on rent which are not just limited to villas and apartments. Some of the other options include tree houses, igloos, lighthouses, castles, and yachts. Furnished caves and private islands are also not off the list!

  1. The OG B&B on Airbnb:

Brian Chesky, the CEO of Airbnb, had his own property and the original Airbnb headquarters listed on the site as well up until 2015. The experience was said to be quite professional and hospitable in addition to Brian Chesky being very down-to-earth.

  1. Proactive members of society:

Hurricane Sandy in 2012 inspired Airbnb to launch the emergency Disaster Response & Relief program. It works towards providing free shelter to people fallen prey to natural disasters as well as volunteers. As of 2018, it has aided about 100 evacuations centers over the world.

  1. Skyrocketed bookings:

In 2008, the year of its launch, Airbnb ended up catering to 400 guests in total. 10 years later, its sales have rocketed with hosting more than 400 guests every 2 minutes! In other words, this company has seen an immense increase of 26,280,000%!

  1. Spread across the globe:

Airbnb is present all across the world in almost all countries except a handful which consists of Iran, Sudan, Syria, and North Korea. That’s 95.97% of the world!

  1. Future of Airbnb:

Although as of 2020, Airbnb isn’t a publicly shared company yet. However, it intends to do so in the next few years.

  1. Story in the logo:

Airbnb’s logo is nothing but an upside-down heart. However, there’s more to it. The loop within the logo resembles a map pin indicative of their omnipresence. Officially known as Bélo, the Airbnb logo represents the idea of belonging for people, places, and love which is the core strength of the company.

Summing it up:

Airbnb is as promising as it can get. It boasts of immense professional service that is only upgrading with time and technology. It has achieved quite a spectacular growth as a company and serves as an excellent example of how to run a vacation rental business.

How to Tailor and Perfect Your Offerings for Short-Term Guests

If you have endured the wrath of a displeased guest, you know how it feels. So how do you give them the million-dollar experience? How do you make them feel like they have had the experience of a lifetime? The solution may not be as complicated as you think.

We can all learn from what Airbnb did. Their catalog mostly includes homestays and lodgings, touted as “homes away from home.” The answer to your question lies behind the reason why Airbnb was so successful. It’s simple. They merged the originality and uniqueness of homestays with the predictability of proper management infrastructure.

Understanding the needs of your guests is crucial to provide them with a magical experience. Asking the questions – Who? Why? What? How? – can help you market and deliver the 5-star experience that they are looking for.

Let us look at how this can be done through the eyes of the Simpsons. If you are a fan of The Simpsons, this will be a delightful read!

Homer Simpson

The Homersons are habitual travelers, and they often look for simplicity and convenience. These kinds of guests want to feel at home, away from home. Enhance their experience by providing them with personalized suggestions.

Offer them tips on where they can find a good ol’ local meal. Make sure you know the local attractions, specifically bars and restaurants. Since the Homersons are usually aged around 35-56, it doesn’t hurt to provide complimentary amenities, like access to local entertainment channels or room service.

Mr. Burns

If the area you are in has some semblance to silicon valley, you might attract a lot of suits. These people have very little time on their hands to search for an excellent place to stay, so you can capitalize on it by providing predictability and reliability. A good experience can result in repeated bookings from both your guests and their business partners.

The suits type are generally tech-oriented, so make sure you tailor your experience to fit their needs. The comforts that can make or break their experience includes high-speed wifi, access to a telephone, around the clock dining experience, and easy fitness access. These people need to get things done fast. They are willing to pay more for a setting that promotes both productivity and rest. Resolve any issues they have immediately.

Lisa Simpson

These guests are looking for something to quest their cultural curiosities. Giving your hotel a touch of the local is a surefire way to heighten their experiences. Try pointing them in the direction of the local museum, an art gallery, or even the local brewery. They want a different experience from the monotony of a traditional hotel.

Have your meal plan filled with local delights, and offer them a lecture on the history of your area. This will give them a truly immersive and unique experience, making their stay that much more exciting and pleasurable.

Maggie Simpson

Some of the quests may have a “little” one with them. To provide them with the best hospitality, offer them a crib, and have a system in place for them to dispose of their diapers. Families with babies might be looking for a space that can provide them with security and peace of mind, while also trying to make their stay an enjoyable experience.

Offer them immediate assistance in case of an “accident,” if you know what I mean! Toys, a makeshift changing table, and food items tailored for the little tots can go a long way keeping your guests satisfied.

Marge Simpson

They are the hurry burry kind of people with a hectic life looking for some form of escapism. They want to forget the monotony of their lives, albeit for a short while. This is why they are looking for a luxurious, pampering experience. To satisfy these types of guests, offer them services like spa, massages, and fine dining. Make sure your customer service is top of the line. Offer them something extra, like a bottle of complimentary champagne when they check-in. Certain amenities, like bubble bath, clean and freshly scented bedsheets, room service, can provide them with a genuinely mesmerizing “me-time” experience.

Bart Simpson

The Bart Simpson type will go to great lengths to fulfill their adrenaline needs. You are sure to attract these thrill-seeking guests if you are close to destinations that appeal to them.

Point them in the direction of their “natural” habitat, like trekking locations, adventure parks, or mountain climbing. If your site does not provide the attractions that they seek, you need to be careful of accommodating them, as they can make your place into their adventure-land! Have a vetting process in place, and make multiple-night stays mandatory.

Summing it up:

Though this may be much more than what you may have bargained for, tweaking the services based on your guest’s preferences may make all the difference and could make your guest a proud and loyal member for life.

This could be the difference between life and death for people looking for something new and exciting, something different from the traditional and established hotel industry. The trick is to understand your guests so that you can provide them with the experience they are looking for. Ask for what they need before they come in, as this shows you as a thoughtful and warm host.

How to Put Your Airbnb on Autopilot

Short-term rentals can leave you with a consistent flow of guests opting in and out of your listings. While this can keep you absolutely busy, there are some effective ways by which you can minimise your workload.

If done correctly, you’ll end up with a happy set of guests and homeowners too. Having said that, it will take a little while for you to set things in motion even when you’re employing the right strategies.

However, most of it will simply be polishing what you are currently doing. In addition to that, you’ll also be able to expand your business to scale better heights and reach probable clients faster.

9 Ways to Delegate Your Vacation Rental Management Tasks

  1. Maintain an Optimized Listing

This is the first step to planning and implementation. Maintaining an optimized listing gives you a clear perspective on your property and improves your conversion rate as well. In other words, there’s less confusion regarding the queries you get right from the start. Remember to re-optimize your listings frequently, at least semi-annually.

  1. Setup Automated Software

There are various software and apps on the market that come with useful automation features. They save you time by automating various aspects of the management process, including up to 90% of guest communication.

Some other software tools also allow you to create messages that will automatically be sent to your staff updating them regarding any new bookings or canceled reservations. Ensure you use auto-management tools that don’t need frequent maintenance and updating in order to save you time and effort.

  1. Setup Hostfully

An electronic guidebook is the best to help your guests make the most of their stay while saving paper in addition to reducing your time and effort. It also makes things more professional and organised on your front. This resource Hostfully will not need much updating and maintenance. What’s more? You can plan your guidebook to be sent to your guests via Guesty a couple of days before check-in.

  1. Setup NoiseAware

This software is so that your neighbors are equally satisfied with your service along with your guests. This precise, little gadget notifies you when the noise level in your home exceeds a certain limit and when it starts creating a nuisance for the neighbors.

By recognising and addressing this issue right at the start, you will save yourself time, money, and effort in the long run. After the initial setup, all you need to do is send a message or make a phone call to your guest if you receive an alert regarding an exceeded noise limit.

  1. Setup PriceLabs

Maximising occupancy and regulating night rates is the crux of any Airbnb business. And in order to do that, you need a smart pricing tool as well. The best one happens to be PriceLabs in this regard.

These tools automatically update your calendar in addition to offering multiple customizations like enabling a guest to make a one-night booking or cancellation.

It also increases your nightly minimum for reservations far into the future. This resource takes about a minute of monitoring each week after the initial setup which is pretty much automatic.

  1. Install an Electronic Lock

An electronic lock is more than a necessity in today’s times, especially in Airbnb listings. Companies like Slickspaces and VirtualKEY have features like a keyless entry that makes guest access hassle-free and removes the need to coordinate key exchanges between parties. This works by giving each guest a unique code that allows them access to the rental. This code expires upon checkout so that the property remains safe and secure.

  1. Hire a Cleaner

This is, perhaps, the most crucial part of the entire process of automating your Airbnb process. In addition to being a cleaner, they must be responsible, punctual, efficient, and reliable to be able to do this job to the optimum best. Hiring the right people for this job will lift a huge burden off of your shoulders which will keep your involvement minimal.

In addition to that, a cleaner must be able to look after other aspects as well as changing bed linens, purchasing and restocking consumables and disposable amenities.

Do not consider budget here since their job is extremely demanding and time-consuming. Consider this as an investment for your business which will only fetch you maximum returns in the future.

  • Low-quality cleaning
  • Late or missed cleanings
  • Use of stained or mismatched linens
  • Lack of attention to details, like folded towels and presentation
  • Failure to complete essential tasks specific to vacation rentals like restocking supplies, checking for damage, and opening windows so your guest can enter to natural light.

All of these aspects will take a heavy toll on your time and your business.

  1. Have an Emergency Contact

This is an aspect that most people usually overlook. True that you may be the homeowner, but you cannot do everything by yourself which may get in the way of your regular management responsibilities. Under such rare circumstances, it is best to have a backup of an emergency contact that is equally familiar with the property as you are.

This can be a member of your staff or a separately appointed person who will back you up as an emergency contact in times of need. This will save you the trouble of rushing to find a temporary replacement if an emergency comes up.

  1. Hire a Repairs and Maintenance Team

Every homeowner wants their property to be in the best shape at all times, but that is seldom possible. Sometimes, things tend to go differently than planned and not in a pleasant way.

In such scenarios, you need to have a repair and maintenance team at your beck and call. You will have to strike a deal with them to summon them during weekends, off-hours, and during urgencies whenever the time calls for it.

This may be a little daunting at the beginning, especially with the recruiting, hiring, and assembling of such a reliable team. But once it’s set up it is worth every effort and always better than your guests having a bad experience.

In addition to that, you can even hire local handymen to come to aid for smaller issues instantly. Here are some common issues and the professionals to hire accordingly.

  • Issues with Wi-Fi or cable– Emergency contact or handyman, that is only after you’ve already done some troubleshooting and assured everything is properly plugged in
  • Issues with heating or A/C – HVAC repairman
  • No hot water – plumber
  • Clogged drains – plumber
  • No light – electrician
  • Lock issues – locksmith

Summing it up:

Managing properties cannot completely rely on technology without a bit of human touch. However, one can always employ technology to speed up the process thereby minimising the effort and increasing the accuracy of the process in the long run.

Using these resources in the right manner will save you a huge chunk of time and effort which can be used to take on more listings and expanding your business over a period of time.