Do Possible Complaints Make Vacation Rental Worth It?
A lot of homeowners today transform their home to become a vacation rental. Vacation rentals can be a good thing for so many reasons. It helps travelers save a lot of money. And at the same time, vacation rentals also make it possible for the homeowners to maximize their real estate property. If you find yourself having complaints from guests, do you think that having a vacation rental is still worth the shot? Should you just leave this booming industry and explore other possible businesses? Or maybe, you should still go for it. Here are some things that you might want to consider.
First, what are the complaints? Is the complaint involving something that you need to fix? If you have to fix something inside the property, you have to assess its cost. There are instances when guests would demand something that would require a large cash output. As rule of thumb, though you want to save money on repairs and renovation, the high expectations of guests might simply force you to stick to an expensive renovation.
Also, another complaint is the tidiness of the property. This means that you will need to clean the property. If you don’t have the time or if you are not around the property, you have no other choice but to hire a cleaner. It is sometimes a good idea to just get a management that would take care of the entire property while you are away. There are instances when this can be cheaper.
As rule of thumb, you can charge for the cleaning fee in your property if you are using Airbnb. Also, you need to plan the design of the property well. If you want to lessen the number of things that will have to be cleaned in the property, it is a good idea that you redesign the house and have a minimal approach.
Another common complaint that guests make is that they don’t like the people who they share the space with. There are some homeowners who are actually allowing guests to share a room with each other. In order to prevent conflicts with your guests, you can have a room where they can stay with extra privacy. However, you just want to adjust the price of the room.
Aside from that, you also need to set the ground rules from the get-go. Here, it should be respected by the guests who are going to stay in your property. And also, you should be investing in security cameras in common areas in order to know whether or not the guests are being disruptive.
These are just some of the most common complaints that homeowners get when they start their vacation rental business. You need to study everything first and be prepared for these complaints if you are looking to make the most out of your property. Keep in mind that at times, it can easily become a full-time work. You need to be prepared for the worst if you want the best results.