Let’s face it, we could all use a little extra cash right now. Surviving a pandemic not only means remaining healthy, but also staying afloat financially. If you’re one of the lucky ones to own more than one piece of property, why not consider turning one into a vacation rental?
Here are a few things to consider before listing your property for short-term rental during a global pandemic:
- Check the laws. Be sure to do a quick Google search to find out what the laws are regarding short-term rentals in your area. Are there extra fees you will need to pay, or permits you will need to acquire? It is far better to be safe than sorry.
- Get your home picture-perfect. Any last DIY projects you want to complete should be done now, especially if those include touching up some paint or filling in some small holes left behind by art or old picture frames. Additionally, while family photographs and mementos from past travels make your house feel like a home, it may not be the same for a guest. Remove all personal items so potential visitors will feel more at home.
- Be transparent. Anyone who travels during this time will be worried about cleanliness. Be transparent about everything you are doing to keep the home clean and safe. How often do you clean and sanitize? How do you plan to do check-ins and outs while social distancing?
- Be responsible and considerate. With full justification, your surrounding community may be nervous about an influx of visitors in the area. Consider leaving a note for your immediate neighbours to let them know what safety measures you are putting in place to put their minds at ease. Additionally, put together a leaflet of valuable information for your guests to let them know how to tour the city safely.