The Basics of Starting Your Own Airbnb Rental Home

Jul 26, 2022

Many people have been resuming their postponed plans and making new ones now that restrictions have been eased and domestic and international travel is operating normally again. Aside from the destination itself, the accommodation is one of the most crucial factors in planning and ensuring the quality of a vacation. When we travel, we make sure to get the most out of every experience, including the lodging we stay at while traveling. Nowadays, you have more options than just staying in hotels or a friend's house; there is now something called Airbnb!

Airbnb enables property owners to rent out their extra rooms, apartments, condos, or houses daily or monthly to people traveling in a specific location. Customers can choose from a wide range of accommodations depending on their preferences for location, space, decor, etc., making it a great way to find personalized lodging. Customers like this accommodation because, in contrast to hotels, it is more likely to make you feel at home thanks to its more comfortable amenities while also being more budget-friendly.

The best platform to find the best lodging, especially for vacation rentals and tourist activities, is the online homestay marketplace, Airbnb. The platform, which is available via mobile app and website, allows you to browse the best Airbnb in the Philippines and the rest of the world.

Now that you have a glimpse into the customer's perspective, you can take advantage of this and use this as a chance to make money. With the necessary entrepreneurial mindset, you can also turn your property into the ideal vacation rental for guests looking for more comfortable and secure lodging. If you own a condo, an apartment, or a house, you may be able to rent them out. While letting a stranger into your home might feel uncomfortable, operating your own Airbnb condo, apartment, or house can be a reliable source of income.

Once you've made up your mind to go into this business, you might want to keep in mind the following tips and Airbnb inspirations to transform your residential property into an Airbnb rental home successfully:

Set Your Financial Goals

You obviously want to make some additional money by listing your property on Airbnb, but you also need to make sure that your goal is coherent and attainable. Are you aiming to make it a full-time endeavor with a consistent source of income, or are you just looking to earn a little more cash on the side? Your financial goals will decide how much time, money, and risk are involved in listing your property on Airbnb and dedicated to maintaining it.

Choose a Strategic Location

Before making a new investment, you must first know the best locations to invest in rental homes. The demand is typically high in the Philippines' most well-known tourist locations, such as Manila, Baguio, Boracay, Cebu, and Tagaytay. Having real estate in these cities is advantageous to you, but this should not prevent you from looking into other equally desirable locations. Being in a beautiful neighborhood and having easy access to parking are typically priorities for guests seeking a tranquil Airbnb rental experience.

Redecorate Your Property 

It's time to redecorate and furnish your rental space in order to make it more appealing to potential renters. In addition to ensuring your plumbing, air conditioning, and lighting systems are in good working order. Moreover, you also need to ensure your space is equipped with stylish and cozy furniture that will attract guests and encourage them to choose you again or refer you; to others! Increase the number of items that will make your guests feel at home, such as additional cushions and house plants. One of the main advantages of choosing an Airbnb over a standard hotel room is that you receive access to all of a typical home's facilities, particularly the kitchen. Cutlery, essential kitchen utensils, and at the very least, a stove top should be available in your kitchen. Depending on your budget, you can always hire a professional to design your property with Airbnb inspiration.

Take Good Pictures of Your Airbnb

As you embark on your Airbnb journey, taking high-quality photos of your rental property is essential since they will determine whether or not it will draw guests without them physically being there. The following Airbnb photo tips can help you take eye-catching pictures of the place:

·Make sure your space is spotless and well-organized.

· The greatest look for your Airbnb condo is to let natural light come in through the windows during the day, but you may also install lighting to add more illumination or to photograph dark areas.

· Try different angles and consider taking a panoramic photo as well to capture the full space.

· Take pictures of any features that stand out, such as the pool or the gaming consoles. Show off the stunning views from your condo in the listing if they have one.

· Add items to your images that symbolize the lifestyle your place offers to capture the attention of potential guests.

· Include exterior pictures of your property to show the amenities and other establishments that guests can explore in the neighborhood.

Write a captivating yet precise description.

You should also think about writing excellent Airbnb descriptions along with amazing Airbnb photo tips. An informative listing might persuade potential guests to make a reservation. Having a certain target demographic in mind might help you focus on which aspects of your home should be highlighted. Your property's description on Airbnb explains what visitors can expect when they arrive and can help clarify any aspects that are missing from or only barely shown in the photos you have from the shoot. Make your description exciting and easy to read, and don't leave any questions unanswered. Typically, guests want to know nearby landmarks, the number of bedrooms and bathrooms, as well as your pet and child policies.

One more thing to remember while building the best Airbnb in the Philippines is the property you'll use. Vista Residences can be the best option if you're looking to buy a condo with hosting in mind. One of the top condominium property developers in the Philippines, Vista Residences, has strategically placed its condominium units all across the nation. In addition to allowing tenants to customize their spaces, all units are created to fit every form of condo living for its users. This is perfect for Airbnb hosts who can freely decorate their properties to meet their preferences and market demands!

For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.

Other blog

Try our loan calculator and find your future home!