Short let property management
Where to start?
Airbnb has caused a storm amongst landlords who are looking to combat rising interest rates and the governments tax hikes, leaving many landlords just being able to cover their mortgages. Let alone make a profit.
So, you want to run your apartment as a short-term rental, but where to start? What to do? Who’s going to clean? Let guests in? Manage payments? The list goes on.
In comes, yourapartment.com who are specialists within short-let property management sector. We focus solely on the Edinburgh market and know it like the back of our hands.
What to expect from a property management company
Get out of the thought process of having long term tenants who normally change once a year, renting your apartment out short term will see multiple tenants (guests) stay in your property throughout a month. Don’t panic! This doesn’t mean more work for you the landlord.
The property management company will take care of the whole process; marketing, cleaning, linen, 24/7 check-in, screening tenants, maintenance issues and any little problem you can think of is taken care. Management charges range from 10-15% for a complete hands-off process for the landlord.
Why use a property manager?
- Working with the right property manager can see homeowners double their income when use a short-term let strategy.
- Take away all the hassle of managing a short-term rental whilst maximising occupancy and income.
- Relationships with national businesses including estate agents help significantly boost your income and direct bookings. This is especially important in the low season where bookings via Airbnb and Booking.com can sometimes slow.
- Tried and tested methods to improve your listing giving it the best chance to be booked, determining the correct nightly rate, marketing your property effectively and much more.
When searching for a property manager to run your short term let, don’t be drawn in by empty promises. We offer an honest approach and will advise you what you will need to change in your property to secure high occupancy and returns.
Quirky Apartments offers a full 360 service for investors. Looking to buy property in Edinburgh? We can advise the best locations, style of properties we know work and can even give you a breakdown of what you would make before you buy it. Result! We can even design the interior of your new property if you don’t have the time.