Let your property earn you a passive income
Renting out real estate is an attractive prospect - it’s an easy way to make an income, and if it’s done the right way, it can take very little time or effort.
As experts in property management , we can help hosts earn a lucrative income from their rentals and provide insightful recommendations to ensure it’s sustainable.
Here’s a few tips on how you can do this…
Consider vacation rentals and other types of short-term rentals
Short-term rentals generate significantly more income than long-term rentals. With Smarthost’s clever algorithm (used on all advertising platforms) every one of our clients is guaranteed to get the highest returns possible. The smart algorithm will automatically calculate the best nightly rate for your property based on a number of different factors such as time of year, level of demand, whether there are any high profile events taking place in the area and much more.
Grow your rental income year after year
The most successful landlords are those who continuously work to promote their homes - we can do this for you. Promotion of advertisements on popular platforms requires a lot of work, specialist knowledge and monetary investments. Our professional approach can do it for you in the best way possible.
Personal use of your property
We understand that even if you’re renting out your property over a long period, you may still want to use it yourself from time to time. We can advise you on how to do this without losing your income or without risking future profitability.
Keep property maintenance costs to a minimum
Eliminating small problems as soon as they arise will help to prevent large financial losses in the future. That's why we carry out a professional check-in inventory of appliances, furniture and other items on a regular basis. If necessary, we’ll handle any repairs or breakages, ensuring that everything is kept in great condition for each and every guest.
Property insurance
Advertising your property on Airbnb means that you’re automatically covered, by up to $3 million in property insurance, should a guest damage your property, or any of your belongings during an Airbnb stay. Smarthost will ask guests to pay a security deposit (at the time of booking) across all other advertising platforms so that you’re also covered if the booking was made elsewhere.. We also carry out a thorough vetting on all guests, prior to check-in, in order to ensure that they are genuine and trustworthy enough to stay in your property.
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