Tips for a newbie | A Nossa Vida

Tips for a newbie

Retrato de killmonk
08.06.2023 | 10:41
Membro desde: 05.01.2023

I want to buy an investment property, a small apartment in Brno, Czech Republic, near the city center, renovate it and rent it out on Airbnb.

Any advice for someone new to the business?

Retrato de Bozo
Sex, 09/06/2023 - 10:17
Membro desde: 05.01.2023

Do your research on the Brno rental market. Check Airbnb listings and metrics to determine average occupancy rates, pricing, reviews, etc. for similar properties. This will help you determine if it can be a viable investment.
Find the right property. Look for an apartment in a popular area, within walking distance to attractions and transit. 1-2 bedrooms with parking are ideal. Make sure the building allows short-term rentals.
Budget for renovations. You'll likely need to spruce up the place to meet Airbnb standards. Keep furnishings and decor simple and minimal. Budget at least 10-15% of the property price for renovations.

Retrato de Eliand
Ter, 20/06/2023 - 05:59
Membro desde: 20.06.2023

I think that you should search the tiny fishing position of the apartment first. Choose a property that is close to public transport, amenities and attractions. This will make it more appealing to potential tenants and increase your occupancy rate.

Retrato de ninadobrev
Qui, 22/06/2023 - 08:28
Membro desde: 22.06.2023

For someone new to the investment property business, here are some key tips: Conduct thorough market research in Brno, Czech Republic, to understand demand and regulations. Prioritize location, plan finances carefully, renovate with guest comfort in mind, and focus on effective marketing and guest satisfaction to optimize the io games success of your Airbnb rental.