You've heard plenty of reasons on why it's a good idea to consider short term vacation letting property. What about reasons to not invest? It may sound strange, but with the growing trend in short term rentals, not every rental provides real value to guests. As the old saying goes, just because you can do something, it does not mean that you should do it. For some property owners, short term rentals can actually end up being a very bad idea.
Whether you are thinking of renting out your spare room or you are hoping to get away with a zero star property, we have put together some tips to keep in mind for anyone thinking seriously about short term vacation letting property.
When Short Term Vacation Letting Property Is NOT a Good Idea
How do you know whether it is a bad idea to invest in short term vacation letting property? For starters, you can look out for the following warning signs:
_________________________________
Ready to learn more about how you can succeed in short term vacation rental? Contact the Totalstay team today for more information on our full service approach to short term vacation letting property management.
