While reading
Your
Home Can Make Money!
The hospitality industry has changed a lot in the past few years. In the recent past, the only option for travelers was to stay in a hotel. Today, many people are renting their houses or rooms in their houses by listing them on a rental service website. A private home can be a good choice for a lot of travelers for several reasons. In some cases, renting a room in a home is a lower-cost option than a hotel, and in other cases, the traveler prefers to stay in a home with appliances like a washing machine and a stove. If you are going to rent all or part of your home to travelers, there are a number of things that you will need to do to get ready. To decide on a price for your rental, look at other rental listings in your area. Think about extra costs such as electricity, water, and house cleaning services, as well as the fees for using a rental service website. You also may need to get permission to have a home hospitality business. When you are ready to list your property, make sure that it is clean and organized. Take pictures to post on the website. Write an interesting description of your home and your neighborhood. Mention conveniences such as cable TV, wireless internet, or a patio with a view. Describe things in the area like restaurants, tourist attractions, and public transportation. There is a lot of competition in the home rental business, and there are some things you can do to make your rental business successful. First, always be honest in the description of your property. Don’t photoshop your pictures or say things that are not true about your home or your neighborhood. Remember that guests will write reviews! Second, you might want to offer a few “extras” such as coffee, toast, and fruit in the morning, or free drinks and snacks. Finally, make sure that guests have information about attractions and services in the area. You can put in a shelf with guidebooks and free tourist brochures and maps.