How to start renting apartments for rent as a business?
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Renting apartments as a business can provide a stable income, which will be many times more than with a long-term lease. This is due to the increased popularity of the service, because its cost is more affordable than a hotel room, so it will not be difficult to find customers. As a rule, apartments are rented by business people who come to the city for 1-2 days to solve business issues, or tourists who want to see the sights.
Features of "daily" delivery
Real estate has always been one of the most profitable sources of income, so most citizens prefer to invest their money in this particular economic niche. With the right approach, you can organize a stable business for renting apartments by the day, gradually expanding it and thereby increasing financial profit. You can do this in several ways:
- rent out your own home;
- rent property;
- arrange a mortgage.
The best option is to rent out your own square meters for temporary use, but it is not uncommon for novice businessmen to use property that they have rented themselves. Some citizens approach the issue globally and apply for a mortgage, after which they begin to rent out the purchased apartment. Thus, the newly-made homeowner provides himself with a constant income, which is enough not only to pay the loan, but also for his own needs.
Renting an apartment as a business has the following advantages:
- Good income, which can be much higher than with a long-term lease.
- You can use your own housing at almost any time, and if you rent housing on a monthly basis, you will have to wait for the end of the contract.
- If you plan to sell real estate, then while looking for buyers, you can earn some extra money by settling visitors for a day or several days.
- If you cooperate with a real estate agency or several individual realtors, a constant flow of customers will be ensured, and hence a stable income.
- It is not required to issue an IP, which reduces tax costs and increases profits.
Organizational moments
It will not work to create a highly profitable business for renting apartments without investments, because. to attract customers, it is necessary to give housing a "presentation".
The first thing to do is a high-quality and modern repair. It is not necessary to purchase expensive fabric wallpapers and mahogany parquet, but you should not save on finishing materials either.
The atmosphere in the apartment is extremely important: it should be attractive and cozy, because even after staying for a day, a person wants to relax in comfort. Each room should have all the necessary furniture and household appliances. In addition, clean linens, pillows, blankets and a few towels should be provided for temporary guests. Bathroom accessories, such as soap, toilet paper and shampoo, will also not be superfluous, because many tourists often forget basic personal hygiene products.
Another important condition for a comfortable stay of tenants is the availability of necessary utensils in the kitchen. It is unlikely that they will prepare full-fledged dinners or lunches, but nevertheless, you need to take care of the presence of a kettle, pots, pans, several plates, cutlery and other utensils. In addition, there must be:
- fridge;
- gas or electric stove;
- dinner table;
- bucket and bags for garbage;
- broom and scoop;
- dishwashing detergent and washcloth.
Search for tenants
When the apartment is ready, you can start looking for clients by placing ads in city newspapers, social networks, specialized websites and street stands. As practice shows, applicants for temporary housing are most attracted to ads with real photos of the apartment, so they must be done. It takes a lot of time to place an advertisement, and in some cases, insignificant financial costs. But if you grab as many information sources as possible, you will be able to attract a huge number of tenants.
It should be noted that it is necessary to constantly distribute announcements about renting your own apartment in order to ensure a continuous flow of customers.
To save yourself from unnecessary trouble, it is recommended to contact a real estate agency. After the conclusion of the contract, professional realtors will independently place advertisements for daily rental housing and communicate with interested people. Inspection and direct delivery of apartments is carried out in the presence of their owners. For their work, the agency takes a small fee, which can be in the form of a fixed amount or a percentage of the daily cost of living.
Despite all the advantages of working with professional realtors, most people who have started a real estate business prefer to work on their own, because. in this case, they receive a higher income. It is not difficult to calculate the profitability of daily rental housing: for example, if you rent a 2-room apartment at an average cost of 2,000 rubles, then the profit for 30 days will be 60,000 rubles. It is important to note that the level of earnings directly depends on the location of the object and the level of its comfort.
Do not forget that the daily rental business, like any other type of activity, has pitfalls. Often there are tenants who spoil or steal things, therefore, before settling people, it is recommended to conclude an official contract in order to receive compensation in case of force majeure. In addition, the object and all property located in it should be insured.
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