Short-term lettings, the latest super trendy and lucrative way of letting property, whether you’re a BTL landlord, or just an average Joe with a spare room/house.
Companies like Airbnb have surged the popularity in short-lets; they’ve made it possible for anyone with property to generate between 30% to 100% more than traditional long-term lets!
So, let’s talk about it…
Considering I’ve been an active – and professional – landlord for over a decade, I’m considerably late to the whole ‘Airbnb’ and ‘short-let’ party.
I’ve always been – and still am – a traditional BTL landlord. A regular and steady rental income generated from long-term tenants has been the highlight reel powering my wet-dreams ever since I got into the game. There’s nothing more appealing to me than a boring, middle-aged family man, that’s glued to a stable job, and cherishes a long-term tenancy agreement.
Am I a dinosaur in the world of lettings? Am I the embarrassing dad that’s walking around with a mullet and a bumbag? I’m starting to think I might just be.
It was only as recently as late last year (2017) that I finally became fully educated on the new era of short-term lettings (i.e. Airbnb) and the riches it can bring…
Table of contents
- What is short-term letting (Airbnb)?
- Why short-term lettings?
- Finding short-term tenants/guests (how & where to advertise)!
- Short-let Management Services (Short-lets made easy)
- Tips for successful short-term lettings
- Is short-term letting really more lucrative? How much money can I make?
- What’s the catch? Are there any disadvantages to short-term letting?
- Short-term/Airbnb Rental Agreements/Contracts
- Short-term letting requirements & regulations
Disclaimer: I'm just a landlord blogger; I'm 100% not qualified to give legal or financial advice. I'm a doofus. Any information I share is my unqualified opinion, and should never be construed as professional legal or financial advice. You should definitely get advice from a qualified professional for any legal or financial matters. For more information, please read my full disclaimer.