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New to the Airbnb world? Well, welcome! You'll be glad you discovered this incredible platform.
Airbnb has so many benefits for both guests and hosts alike and it's really revolutionised the accomodation world and how we choose to travel.
As an owner you can expect much higher than average returns on your investment property.
In nearly all cases you will receive a much higher overall yield per year as opposed to a regular rental property which is leased to long term tenants. Bear in mind that that does come down to either being a really great manager yourself, or employing an expert to take care of that for you.
Employing someone to take care of the hosting for you is a bit like trying not to fix your own car if you've never trained as a mechanic. There's a lot of elements to consider, a lot of problems which can arise and it takes time and focus to get it right. Unlike a car which you fix once and it's permanently fixed, Airbnb management is ongoing and it takes up a lot of time. I won't bore you with the details but it is time consuming and more cost effective generally to outsource.
Check out the site and familiarise yourself, it's a pretty exciting platform and even if you aren't going to be a "hands on host" its really important to have a basic understanding of how it works http://airbnb.com
Happy hosting!!
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