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A Milford Local's Guide to Generating Extra Income through Airbnb

Dec 07, 2023

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As Milford locals, we understand the unique charm of our community and the desire to make the most of our beautiful surroundings. In this blog post, we'll explore how our clients leverage short-term rentals in three distinct ways to enhance their lives and maximise the potential of their properties.

Funding Holidays: Imagine funding your dream holidays by simply listing your property during school breaks. Many of our clients utilise short-term rentals during peak holiday seasons to turn their homes into lucrative assets. By strategically opening their doors to holidaymakers, they not only cover their travel expenses but also enjoy the flexibility of planning vacations without worrying about accommodation costs.

Benefits:

  1. Generate extra income during peak travel seasons.
  2. Offset holiday expenses with rental earnings.
  3. Enjoy the freedom to travel more often without breaking the bank.

Extra Income While Selling: For those in the process of selling their homes, short-term rentals offer a brilliant solution to generate extra income during what can be a transitional period. By making their properties available for short-term stays, our clients continue to benefit financially while their homes are on the market. This additional income can be a game-changer, providing financial flexibility during the selling process.

Benefits:

  1. Generate income while waiting for the right buyer.
  2. Offset costs associated with property sale.
  3. Maintain financial stability during transitional periods.

Full-Time Short-Term Rental: Some of our clients have chosen to dive into the short-term rental market full-time. By consistently listing their properties, they enjoy an average income that's generally double that of long-term rentals. This not only provides a steady stream of revenue but also keeps their properties in top-notch condition throughout the year.

Benefits:

  1. Double the income compared to long-term rentals.
  2. Keep the property well-maintained year-round.
  3. Enjoy the flexibility of using your property when you choose.

Conclusion: As Milford locals, we take pride in assisting our community in making the most of their properties. Whether you're looking to fund your holidays, generate extra income while selling, or explore full-time short-term rentals, our end-to-end service has you covered. From furnishing to maintenance, renovations, marketing, communications, cleaning, and more, we handle everything to ensure a seamless and successful Airbnb experience.

Ready to unlock the full potential of your property? Contact us today to get started on your Airbnb journey!
Go visit their website : ALBA