Tips for a newbie in airbnb | A Nossa Vida

Tips for a newbie in airbnb

Retrato de Bozo
20.06.2023 | 08:17
Bozo:
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 killmonk
Ter, 20/06/2023 - 08:18
killmonk:
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 kuromee
Ter, 20/06/2023 - 14:49
kuromee:
Membro desde: 14.04.2023

Research rental rates for similar properties in the area to make sure your rates are competitive. Set rates based on the season, demand, and local events that may attract visitors to Brno.
Once you start getting bookings, it's important to manage the property effectively, and you can use vacation rental software to do this so that guests have a positive experience. Give clear instructions for check-in and check-out, respond promptly to guest questions and concerns, and keep the property clean and well-maintained.

Retrato de Trensica
Ter, 19/09/2023 - 04:25
Trensica:
Membro desde: 15.09.2023

Any tips are appreciated. I also want to share my tips but I do not have enough experience. So, I would like to receive your sharing. That is cool!
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