Short term rentals are on the rise with websites such as HomeAway, Airbnb and Roomarama, which are housesharing sites that allow homeowners to rent out an entire home or spare room(s). With holiday’s right around the corner, this option could be of interest to many homeowners wanting to make some extra cash.
Whether renting your entire home for a day or more or a spare room for a week or 6 months, housesharing sites allow homeowners to capitalize on their assets. To do so, a homeowner would need to register as a host at one or each of the websites of the companies mentioned above. Next, list your home with information, rental fees and rules, and wait for the offers to pour in.
Also keep in mind while making the decision to rent out your home, you need to protect your property as well. Make sure you are familiar with local laws regarding short term stays. Screen your guests before allowing them to rent your property. Set some ground rules for your guests to follow. Effectively promote your property to your targeted audience. Determine the right prices for your property by comparing to similar rentals.
With that being said do your research and explore your options. Extra income is always a plus!
Thanks for Reading!
Rogers Healy and Associates
Author:Rogers Healy Phone: 214-676-4270 Dated: October 27th 2015 Views: 751 About Rogers: Rogers Healy, a native Texan, has lived in Dallas for the majority of his life. Before moving to Dal...
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Rogers Healy and Associates Real Estate is a DFW based residential and commercial real estate company that was founded in 2007 by Rogers Healy. RHAdfw is passionate about developing long lasting relationships with clients while representing them to buy, sell or lease any home in DFW. Texas Real Estate Commission Consumer Protection Notice