Is Airbnb Profitable and What Affects How Much You Earn?
For those with a spare property or even just a spare room, becoming an Airbnb host is a tempting proposition. Allowing you to make money with less involvement than running most traditional businesses — though that’s not to say there isn’t time and effort involved — it’s no wonder there are over four million Airbnb hosts worldwide. But one thing that puts many off from taking the plunge is the financial viability of doing so, particularly as being an Airbnb host involves various expenditures, from tax to property upkeep. Although it’s difficult to give a definitive answer to questions like “Is Airbnb profitable?” or “How much can you make on Airbnb?”, being an Airbnb host is financially viable for most. After all, the average monthly Airbnb income is $924, with 82% of hosts agreeing that it is a good way of earning money. That said, how much you can make on Airbnb depends on a whole host of factors, including: Your Property’s Size and Amenities Quite simply, the bigger and better your property is, the more Airbnb income you can make. For example, a four bedroom apartment is going to list for a lot more than a spare room in a small house. By the same token, the nicer your home is, the more you’ll be able to charge too. In addition to aspects like the state of the property and the decorations, the type and quantity of amenities you have will also increase your profits. From pools and washing machines, to air conditioning and hot tubs, there are so many amenities that guests love, and are therefore willing to pay more for. Your Property’s Location Your property’s location also impacts the level of income you can expect to earn from your Airbnb listing. For instance, if your listing is situated conveniently close to a city centre, then prospective guests will almost certainly be happy to fork out extra for the privilege. People generally pay less for properties in less convenient locations, as well as those in neighbourhoods with higher crime rates, for instance. How Much You Charge Although aspects like your property and location ultimately determine the general price range your property will be in, you can still decide to charge more or less than this. Perhaps you believe that you can get more guests by listing your property for less, or think that your listing is worth more than what people typically pay for comparable properties. Regardless, it’s a good idea to find out what the going rate for your type of listing is, though do bear in mind that this will be impacted by things like day of the week and the time of year. Our rental calculator can help you to estimate your revenue potential based on area, property size, and interior design. How Often You Rent Out Your Property An obvious point, but an important one nonetheless: the more often you rent out your property, the more money you stand to receive. Of course, you may want to stay there yourself at various times throughout the year, but this can ultimately eat into your profits. Conversely, the less demand you get for your listing, the less profit you’ll make. This is why it’s important to do everything possible to both entice people to stay at your property and encourage previous guests to return. You can do so by enhancing your guests’ experiences — more on this below. Your Outgoings Of course, higher outgoings result in lower profits. Some of the main costs for Airbnb hosts include: Property upkeep Many Airbnb owners hire externally for services like cleaning and repairs to help keep their property suitable for guests, while replacing amenities such as shampoo, tea, coffee, and cooking supplies also adds up. Tax Running an Airbnb business will almost certainly make you liable for taxes, though the exact kind depends on where you’re based. For example, it’s common to pay income tax on your earnings. Insurance Airbnb hosts will want insurance to cover for things like theft, damage, or legal disputes with guests. Aspects like the level of cover you buy and your risk level will impact how much this costs you. Airbnb fees Airbnb takes a fee from all hosts, though how much this is depends on where you’re based. Generally speaking, this is 3% of the booking total, though the fee is higher for Airbnb Plus hosts or if your cancellation policy is particularly strict. Here at Frank Porter our Admin Support Team will take care of all the airbnb requirements and government compliance, permits and DET to mitigate any potential headaches. Your Guests’ Experiences The better experience your guests have, the better reviews you’ll receive and the more likely you are to get new bookings and returning guests, both of which boost your Airbnb income. Things that can impact your guests’ enjoyment include the check-in experience, your listing’s accuracy, and your response time/general communication. Enlisting the help of a property management company like Frank Porter can help you tick all of these boxes, while also enabling you to spend your valuable time elsewhere. Our services include cleaning/maintenance, listing management and interior design, and we have a track record of increasing our clients’ profits. Find out more about us here, and don’t hesitate to contact us at your nearest convenience to make an enquiry.
How to do 72 hours in Dubai right
Dubai, the most opulent of the desert cities, is where the ancient and the futuristic collide to offer its lucky visitors an unforgettable adventure. Naturally, if you're fortunate enough to be planning a trip to the City of Gold, you want to make every moment count. Of course, a few days in Dubai is not enough time to experience all the city has to offer, as the crowning glory of the Arabian Peninsula is a vast metropolis with almost infinite things to do and see. However, you can still check off a lot of must-see attractions and have the trip of a lifetime. Being Dubai ‘s premier Airbnb management company, it's safe to assume that we at Frank Porter know pretty much all there is to know about the city, its people, where to go, and what to see. And so, just as we take the hassle out of renting out holiday-homes on Airbnb, we’re here to help you design your ideal three-day vacation. Without further ado, here’s our incredible itinerary for 72 spectacular hours in Dubai. 10am: Land in Dubai Welcome to Dubai! After landing and collecting your luggage at the city's bustling Dubai International Airport, hail a cab, or better yet, jump on a shared shuttle service that can get you to your accommodation in as little as ten minutes. Once you’ve arrived, it’s time to check in. If you’ve booked to stay in one of the city’s luxurious Airbnb properties, you’ve chosen well. Unpack, refresh, and bask in the glorious view that waits for you on the private balcony of your penthouse, before heading to Old Town. 1pm: Old Town tasting tour The modern side of Dubai is dazzling, boasting towering skyscrapers and a sparkling nightlife, but the historic district is where the real magic happens. Therefore, your first stop is to visit Deira, in “Old Town”, one of the oldest and, some would argue, most authentic spots in the city. It’s the perfect opportunity to banish your jet lag, get a taste for Dubai’s world-famous cuisine, and see Dubai as it once was: a working port with a rich trading history. Here, booking a tasting tour is the best way to see the side of Old Town that the locals treasure but few visitors and expats get to see. Take in the myriad of exotic delicacies and allow your senses to explode as you sample camel burgers, Lebanese baklava, and saffron ice cream, to name just a few. 4pm: Souk shopping Dubai’s world-famous souks (Arab marketplaces) are also found in the district of Deira. Wait for the merchants to open up following the afternoon qayloulah (siesta), and then cool off with an iced watermelon juice and watch the action unfold. The gold, spice, and perfume souks are easily accessible on foot from the Deira side of Dubai Creek, with the textile souk just a quick abra (water taxi) ride away. As you explore the labyrinth of stalls at the traditional Arab market, you'll see that haggling is not only tolerated, but encouraged, making Deira the ideal spot for a little souvenir shopping. 7pm: Pierce the sky at the Burj Khalifa Laden with a dizzying array of goodies — we’re talking aromatic spices, handwoven fabrics, and striking gold pendants — head back to your Airbnb. Spritz yourself with the bespoke oud you created at the perfume souk and get ready to leave for a pre-booked dinner at the world-renowned Atmosphere, up the Burj Khalifa Atmosphere is not for the faint of heart; it is located on the 122nd story of the world's highest building! Tuck into a 13 course tasting menu with seasonal and traditional French delicacies, before zooming up to SKY on level 148 and bask in the view from the 360-degree observation deck. Day 2 – 11am: Deep dive at the Dubai Aquarium After a restful night's sleep, you'll be ready to take on the second day of your Dubai getaway. It's a blistering hot day — ideal for cooling down in the air-conditioned splendour of the Dubai Mall. Certainly, shopping is a given, but first up is the Aquarium and Underwater Zoo, which is one of the largest in the world. The iconic 48-metre long Aquarium Tunnel leads you 11 metres under the surface and is an absolute must-see. With 270-degree views of over 140 species, including giant spider crabs, lionfish, seahorses and humboldt penguins, the tunnel is a kaleidoscope of marine life. Feeling brave? Take a dive with an experienced scuba diver to bring you within inches of toothier aquatic creatures. 2pm: Shopper’s paradise at the Dubai Mall With more than 1,200 stores, including over 200 designer boutiques on “Fashion Avenue,” Dubai Mall is a shopper's paradise. Download the mall's app to simplify your shopping experience, as the sheer size can make it difficult to find your way around. If you need a suitable meeting spot after perusing the layers of sought-after stores, what better spot than the foot of The Human Waterfall? Spread over three floors of the Dubai mall, the colossal landmark is a delight for Instagrammers and artists of all stripes. 6pm: Sunset cocktails at the Palm After dropping your treasures back at base camp and having a quick change, you’ll be ready for a night on the Palm Jumeirah — Dubai’s famous man-made archipelago. Firstly, we recommend a monorail trip that runs from the base of the three-mile long trunk to up to the crown of Atlantis, the Palm, the world-renowned destination resort. Take a lazy alfresco supper at Dubai's trendiest beach club, WHITE, with a stunning outdoor patio ideal for cocktails at sunset. You've been bar hopping from posh cocktail club to hip molecular bar, and now it's time to cap off the evening with a bang. Hail a cab or take the short walk to Atlantis, the Royal, to watch the region's first fire-meets-water show, at the Skyblaze Fountain. Day 3 – 11am: Blissful beach trip Now that you've had some time to sleep in and enjoy a leisurely brunch, it's time to enjoy your last day in the City of Gold. Those searching for a peaceful day trip or an opportunity to work on their kitesurfing or windsurfing skills will find what they're looking for on Dubai's pristine, white sand beaches. With the luxurious Burj Al Arab hotel as a backdrop, Sunset Beach, also known as Umm Suqeim beach, is a must-visit. Catch a snooze or borrow a book from one of the charming libraries dotted around the shore, before getting ready for your final excursion. 3pm: Half-day desert safari Pickup for afternoon desert safaris starts at around 3pm. You'll want to hang on tight as you cruise over the sand dunes in a 4×4 Jeep and take in the breathtaking views of the desert. Once the adrenaline rush is over, unwind in an authentic Bedouin tent and try your hand at camel riding, sandboarding, or even getting a henna tattoo. As soon as the sun goes down, the party truly starts. Under a canopy of stars, enjoy a traditional feast and evening of entertainment, replete with enchanting belly dancers, spellbinding fire eaters, and curious folktales — there's simply no better way to round off your trip. So there you have it, your itinerary on how to make the most of 72 hours in Dubai! If you liked this article, you may also be interested in reading our guide to Dubai’s unique dining experiences to find out more about the city’s culinary delights. Thanks for reading, and don’t hesitate to get in touch with us to learn more about what Frank Porter can do for you, should you choose to one day return home to the City of Gold.
10 added Airbnb luxuries that will wow your guests
When you’re competing with many other Airbnb hosts in your local area, kitting your property out with special features and touches is a great way to give you the edge. Quality accommodation is an integral part of a fantastic holiday so most bookers will be in search of luxurious-looking listings. But what kinds of things will be most likely to attract attention? This is Frank Porter’s area of expertise. As well as keeping your property clean and well-managed, we offer an interior design service to ensure it looks the part and a listing management service so your property is advertised in line with its full potential. Here are 10 examples of luxuries that we believe will impress your guests. 1. Spa bathrooms Holidays are times for rest and relaxation so your guests are sure to be delighted by a bathroom that offers a spa experience. Consider installing a steam shower, which benefits the skin and sinuses, or a sauna if there is space. Jacuzzi baths are another popular choice. Also make sure that the bathroom looks sophisticated and tasteful (think matching towels and moisture-loving plants) and provide high-quality toiletries that will cover all their potential needs. 2. Tech for maximum convenience Ensuring every task is as easy and seamless as possible will really help your guests unwind. There is lots of technology that can help with this. Common examples include smart thermostats that mean guests don’t need to manually adjust the heating, remote or button-controlled blinds, automatic mood lighting, and voice assistants that are on hand to answer any questions they may have about the local area. 3. Glamorous bedding Sleep quality is arguably the most important part of top holiday accommodation, so you can create a good impression by proving you’re invested in this. Treat them to excellent mattresses, cloud-like pillows, and soft, high-end bedding. You can’t go wrong with Egyptian cotton, which offers a smooth, crisp and luxurious feel. 4. Home gym While many guests will only wish to relax, others consider exercising to be a core part of wellness. For them, a gym could be a non-negotiable. When installing a home gym, make sure you invest in high-quality brands and a variety of equipment so you’ll be able to cater to all fitness lovers. It’s worth incorporating a wall-mounted television so guests can be entertained while working out and can stream online exercise classes. 5. Endless entertainment options Given how many devices and subscriptions the average person has access to at home, it’s important that you allow them to replicate that experience while staying in your Airbnb. Make sure you have televisions with all the core streaming platforms installed in as many rooms as possible. A quality sound system will delight those who want to unwind to music, and you could even consider offering game consoles and a selection of video games. 6. Air conditioning An air conditioning system could definitely be the thing that makes guests choose yours over others – especially if your Airbnb is based somewhere where the heat can be very uncomfortable like Dubai. Prioritise the living and dining areas as well as the bedrooms to ensure your guests can stay cool and comfortable all year round. 7. Outdoor amenities Outdoor space is a huge selling point so make the most of it by adding features that really entice your guests. That could include decking, a patio, a swimming pool, sun loungers, a barbecue, sports equipment (like table tennis tables), and a seating area. Also make sure the grass is trimmed and all plants and flowers look vibrant and healthy. 8. Parking and EV charging Free parking on the premises will be welcomed by guests who will be driving around during their trip. And with electric vehicles becoming increasingly popular, installing a home EV-charging point will exude luxury and offer your guests massive convenience. 9. Daily cleaning Guests wouldn’t expect to clean up after themselves if they were staying in a luxury hotel so that’s an incentive for you to offer the same experience. Whether you do this yourself or hire professionals (we offer a cleaning and maintenance service here at Frank Porter), every room in your Airbnb should always be clean and tidy. Make sure you communicate with your guests in advance so your cleaning duties don’t disturb them at inconvenient times. 10. Quality food and drink Stock up your kitchen with basic staples like cereal, pasta, rice, milk, and bottled water, and put together a welcome basket containing things like fresh fruit, chocolates, and wine. Champagne and premium liquor is also sure to make guests feel welcome and in the mood for celebrating. For a personal touch, consider offering them a local delicacy they may not have eaten before.
5 of the Most Unique Dining Experiences in Dubai
Alongside its beautiful beaches, state-of-the-art skyscrapers and inimitable style, Dubai offers plenty of unique dining experiences. Wherever you go, you can expect decadent cuisine — but when it’s around every corner, how do you know where to start? If you’re struggling to decide where to eat, look no further — the team at Frank Porter have put together our list of some of the most memorable restaurants around. From the weird and wonderful to the downright gravity-defying, these are our picks for the best dining experiences in Dubai. At.mosphere at the Burj Khalifa On the 122nd floor of the Burj Khalifa, you’ll find At.mosphere — if you can tilt your head up far enough to look. Seated in the clouds, diners can enjoy unparalleled views of the city scenes and desert landscapes on the horizon. This alone could earn it a place on any list of the best dining experiences in Dubai — but its high-end menu of varied cuisines seals the deal. At nearly half a mile high, the Burj Khalifa is the tallest building on the planet — and as a prime landmark in the UAE, the glamorous area surrounding it boasts some of the world’s greatest revenues for Airbnb owners. While property prices and yields vary across the city, Dubai offers the opportunity for lucrative earnings — use our Revenue Calculator to learn how much you could make. Ossiano at Atlantis, The Palm It will come as no surprise to see The Palm’s iconic Atlantis hotel feature on our list. While the towers of Atlantis are home to a treasure trove of fine-dining establishments, few offer dinnertime as thrilling as Ossiano, the underwater restaurant. The Michelin-starred eatery sits below the surface of an expansive aquarium on The Palm, immersing you in a dramatic marine world. Chef extraordinaire Grégoire Berger offers a menu which blazes the trail of progressive fine dining, with an opulent selection of seafood ranging from caviar to crab legs. While you might not spot a lost city hiding out in the deep blue, you can expect to see sharks, rays, and schools of dazzling colourful fish pass by as you dine. Sonara Camp at Dubai Desert Conservation Reserve Deep in the Arabian desert is Sonara Camp, an oasis of entertainment and fine dining. The eco-friendly restaurant prioritises local and ethical products to serve up to keen dune wanderers, and has quickly built notoriety since opening in 2019. The chic setup offers cosy torchlit seating, hammocks and live music to help guests to relax under the stars. Its menu was curated by French chef Franck Sanna, offering a range of multicultural eats from ratatouille to chicken shawarma. The camp’s kitchen is entirely open-air, so you can watch your meal be prepared against a sweeping desert backdrop. As well as music, diners can enjoy entertainment from fire performers and belly dancers, and even upgrade to packages that include classic desert activities like quad biking and sand surfing. Chillout Ice Lounge at Al Quoz Dubai has something to offer everyone, including those looking to escape the desert heat. If you feel more comfortable in sub-zero than on safari, pay a visit to the UAE’s first-ever ice lounge. The coolest restaurant in the city is decorated from top to bottom in ice sculptures, frozen furniture and ambient lighting arrangements, creating a truly unique Dubai dining experience. The lounge was designed with the whole family in mind, offering a more casual dining experience in anything but casual surroundings. Hot dogs, soups, sandwiches and confectionery are available for order, as well as hot drinks and mocktails to warm you up in the -6°C temperatures. And while you might not have come to Dubai equipped with your warmest winter coat, there’s no need to worry — visitors are given a parka, gloves, shoes and socks to brave the freezing conditions of the lounge. Dinner in the Sky at Skydive Dubai Whether it’s watersports in the marina or riding camels across the dunes, Dubai has plenty to occupy the thrillseekers of the world. Dinner in the Sky is one of those thrills — the restaurant is elevated 50 metres into the air by a crane, making it one of the most unique restaurants in Dubai. The rotating table ensures that everybody attending this sky-high dinner party gets an impressive view of the city surroundings — and if they’re brave enough, dare to look down at the ground beneath them. Not only can diners indulge in the impressive scenery, but also the luxurious food and drink on offer. The menu boasts classic Middle Eastern mains such as chicken musakhan and lamb kibbeh followed by crowd-pleasing desserts like chocolate fudge cake. While Dinner in the Sky is undoubtedly one of the best dining experiences in Dubai, it’s not for the faint of heart — or for those prone to dropping their fork. With so much to see and do, Dubai is truly the crown jewel of the Middle East. Experiences like these draw millions of visitors each year, offering local property investors and existing homeowners in the city the lucrative opportunity to rent their homes for short-term lease. To find out more about how Frank Porter can help you get the most out of your rentals, get in touch with us today.
How to be an Outstanding Airbnb Host!
The secret to a flawless, five-star Airbnb review lies within the complete guest experience, and there are numerous ways to make your visitors feel welcome and show them that their happiness is your first concern. This guide will teach you how to be an Airbnb host to remember in five easy steps. Set honest expectations You don’t have to have a perfect home to be the perfect host, but you should be forthright and honest with your guests about any faults they might encounter. Visitors will be disappointed if you exaggerate your home's amenities or omit important details, something that can lead to negative reviews. To avoid this, be sure to describe (or spin into endearing quirks) any potential issues with your property in detail. If your guests are warned in advance about patchy air con, or how the internet may occasionally cut out, they can decide if these are deal breakers for their trip — or go ahead and book with clear expectations. It’s a good idea to employ a photographer to take professional property photos for your listing, as this will be the first thing potential guests view before deciding whether or not to book. According to Airbnb insights, hosts with professional photos can earn up to 20% more than others in their area. This is something that Frank Porter's listing management services can help you with. We can arrange for one of our in-house expert photographers to take stunning photographs of your home, highlighting its best qualities. We’ll then add them to your profile alongside catchy and distinctive Airbnb property descriptions. Communicate with care Competition in your area is likely to be fierce due to the burgeoning number of Airbnb listings, so, to stand out from the crowd, you want to seem as professional as possible. Guests’ memories of your rental will be formed based on their interactions with you, so let them know they can contact you whenever they have questions, problems, or requests. If you want to keep your visitors happy, the best thing you can do is to respond quickly, even if you can't do so right away. This is actually one of the prerequisites to become an Airbnb Superhost, which can boost your reputation and help you bring in additional bookings. There are a number of ways to speed up your response rate and make sure you never miss an inquiry. For example, you can automate your bookings, check-ins, and check-outs with the help of scheduled messaging software. Alternatively, the guest support team at Frank Porter can handle all guest-related issues on your behalf, from initial enquiry to physical check-in, as well as ongoing support. The team is available 24 hours a day, seven days a week and speaks several different languages, guaranteeing that our customers receive the finest possible service. Prep your property According to an Airbnb poll, guests ranked having access to convenient amenities as one of the most important aspects of their vacation. As more visitors look for longer stays, this is more important than ever. When filling, furnishing, and preparing your Airbnb, keep in mind the essentials that your guests will require and don't compromise on the extras if you want that perfect five-star rating. You might find one or two things that could be altered to make their stay more enjoyable, from tea and coffee and basic cooking supplies, to thoughtful extras such as nice toiletries, fluffy towels, and hair dryers. At check-in, guests want to be welcomed into an environment that is homely and full of personality, but is also sparkling clean. Airbnb has very stringent rules on hygiene, listing cleanliness as one of the most important values for guest satisfaction — dictating that a five-step process is carried out in between bookings, in accordance with local laws and guidelines. So, before opening your doors, it’s vital to give the entire home a thorough clean and stock the bathroom, kitchen, and guest rooms with supplies that visitors can use to tidy up after themselves. We have an in-house maintenance team here at Frank Porter that can ensure your property is in tip-top shape for your guests, providing general maintenance, refilling of essentials, and deep cleaning services. Offer a warm welcome The way your guests check in can set the tone for the rest of their holiday. When they are required to perform their own check-in, it adds yet another degree of difficulty to the already demanding task of finding their Airbnb in a neighbourhood they don’t know well. So, if you decide to use a lockbox, smart lock, or keypad, you can ease the process by adding clear instructions to their online arrival guide, in addition to directions to your property. You should also provide your guests with a detailed handbook that explains how to use the facilities and offers suggestions for the surrounding area, such as the best places to get a cup of coffee or a delicious dinner. This can be digital or printed, but for extra brownie points, be sure to include a heartfelt welcome message However, to perfect your check-ins, you should aim to greet guests in a more warm and personable manner. If possible, be there to welcome them upon their arrival to help them with their bags, give them a quick tour, and answer any questions they may have. Be attentive As discussed, early communication should give you ample opportunity to get to know your guests, their travel plans, and interests. This will in turn allow you to surprise them with thoughtful touches that will make their stay memorable. It could be an important occasion like a birthday or anniversary, in which case it's nice to go the extra mile for guests celebrating special moments — whether it's with a bottle of wine, a cake, or something as simple as acknowledging this in their welcome note. Guests love to know you are thinking about them (in moderation of course!) and doing so demonstrates that you are a thoughtful Airbnb host, which will almost always result in higher ratings. However, if this is not possible due to a last-minute booking or something unexpected, now is a great time to compensate. The chances are they forgot something, whether it’s to pack guide books or to mention certain allergies. So, as soon as guests have made themselves at home, check in to make sure they have all they need. Final thoughts Requesting and acting on feedback is an integral step to becoming an excellent Airbnb host. So, a few days after your guests have checked out, send them a friendly message asking for this. Make it a point to emphasise how much you cherish a glowing review and how a five-star rating would help your business grow.
5 Top Tips For Decorating A House To Let Short-term
When styling your property for the short term rental market, it is important to remember you are decorating for a wider population. First start by identifying your audience, this will help you retain bookings and increase your ratings. Try to invest in pieces that suit your core audience. If your house is large and ideal for families’, you need to make sure that is is child-safe and the furnishings are appropriate. If, however you are renting a smaller city dwelling with a rooftop area, you can consider edgier pieces designed for a couple to spend their time together outside. Unlike styling your own personal property, your main goal is to appeal to the greatest number of people possible in order to maximize revenue. Avoid anything personal that shows your views or beliefs whether that be religious, cultural or sporting team related! Keep things neutral and try to follow these top tips to ensure your house is ready for the short-term rental market:   Think practically for the tenant First, consider your location. If your property resides near a beach, you should keep in mind that tenants will be bringing back wet bathers and unknowingly dragging in sand on their feet. Small touches like a bucket in the laundry room or ensuring you go for a flat rug that’s easily cleaned (rather than a woven fluffy rug that will be a struggle to extract sand from) will be valuable for both you and the tenant. Ideas to make the space functional include: providing hooks for your guests to hang their bags on at the door, making sure there are chopping boards in the kitchen and providing a sufficient number of beds for the space. Create a holiday ambience Guests love a unique property or experience. Your goal as the landlord is to create that holiday experience for your guests.  If you are near the beach, you can consider a beach theme for example. If you need ideas for wall art why not incorporate some artwork of the city it’s located in so the guests can admire where they are, where they have visited or they can add new landmarks to their sightseeing list! Work with what you’ve got, if you have large windows – Place the couches in front of them so your guests can enjoy the view and completely relax on their getaway. Use calming colours to allow the guest to relax and enjoy their time there. Consider hygiene and cleanliness Reduce all forms of clutter. Try not to incorporate too many intricate pieces with extra nooks and crannies that require complex cleaning regimes in order to remain dust-free and hygienic. Keeping your property clean for each tenant is essential so you want to make it a simple as possible to maintain. Instead of intricate chandeliers, try to swap them for more modern light fixtures that don’t require removal for cleans between tenants. Along with this, add a doormat to all entrances. This means guests will (hopefully) clean their feet before entering and it will help to decrease the wear and tear on your floors and carpets. Other essentials include ensuring there are adequate cleaning products and hand soaps available. Work with neutral colours It is important landlords remember that leasing your house in the short term market will attract a variety of tenants with differing interior design tastes. By selecting neutral colours, it is less likely that anyone will find your choices visually offensive and more likely that all your tenants will feel comfortable staying there. Invest in soft furnishings Soft furnishings such as cushions, throws and wall art can be inexpensive ways to redefine a room with statement pieces without making any permanent changes or construction. They can also be easily changed depending on what is in style at the time to keep your property modern and relevant. If you stick to neutral colours with paints, wallpapers and floor materials – your choice of soft furnishings can inject a pop of colour with some bright cushions and interesting artwork. Mirrors are another soft finish that can make a significant different within a space. They can not only add light to a room, they can also make a space appear larger.   By incorporating the points mentioned above, your property will have the highest earning capacity possible. Always try to put yourself in the shoes of a tenant and consider the types of amenities and finishes you prefer when you leasing a property yourself.
10 Reasons To Short-term Lease Your Apartment Whilst You Travel
Keep the money coming in even you are away     Planning on taking a trip? Why not have your apartment generate an income for you whilst you’re away. We have listed our top 10 reasons as to why you should consider renting out your apartment whilst you are away.   Boost your income The biggest perk when listing your apartment for rent when you travel is that it provides you with a passive source of income. The extra income can be used to pay off your mortgage or bills or put towards your trip. It requires minimal effort from your side and ensures a source of income whilst you’re away.   Date Flexibility By renting your property to short term clients, you have the flexibility to choose when guests stay. You can schedule time for yourself or your family to stay there by simply blocking out dates on your rental calendar and you can ensure there is always a tenant there when you take a trip yourself.   Less consistent wear and tear on your property Compared to having tenants staying full time, using your fittings and furniture, guests will be staying for shorter periods of time. It is also more likely that your guests will be out exploring the new city they have arrived in and not residing at home like a long-term tenant would. Putting your home up for short-term leasing when you travel means you don’t have to commit to anyone staying there for long periods of time and it is always available when you return home.   Tenant flexibility I’m sure every landlord has had a tenant at some point they would like to forget about for a myriad of reasons. When you rent your apartment out in the short term whilst you take a trip, you can ensure you never approve anyone that you would rather not stay there. Screen guests, set your own rules and ensue you are always comfortable with who is staying there when you’re away.   Property Maintenance   The flexibility of your rental calendar means you can set aside time to review your property as well as complete any maintenance tasks that are required. Gaps between tenants means the property can be deep cleaned and maintained as needed for when you return back from your own trips.   House-sitting service If you have ever traveled and come back to a musty apartment or mold spurs from moisture build-up, this will be important to you. By having someone else stay in your apartment whilst you’re away, fresh air will be flowing and you will immediately be made aware of anything that requires maintenance whilst you’re not there.   Revenue optimization at peak times When you rent your property out in the short term market, you are able to set your prices to take advantage of any increases in demand for key holiday periods and large events. Any large influx of visitors coming to Dubai means accommodation prices will increase accordingly.  During peak seasons, your potential income increases dramatically. You can plan your trips around key city events to increase your earning potential and ensure you are receiving the maximum benefit from your listing.   Furnished apartments attract higher rental fees Following our previous point regarding the time of year, furnished apartments are also able to command a higher rental fee. Unlike long term apartments, short term properties are always rented out fully furnished. The number of additions you provide and the quality level of the amenities within the apartment will reflect your earning capacity.  A property with practical amenities and quality, stylish furnishings will allow for the largest earning potential.   Property Management companies can take care of everything Often a reason people do not want to rent out their properties whilst they’re away is because of the extra hassle when you already have a jam packed to-do list before and during your trip. Property management companies – Such as us a Frank Porter can take care of everything. You set the rules and we will implement them and take care of all guest relations whilst you’re away. You can have your property earning money without lifting a finger.   10. Your property will not be empty By using a professional service and screening your guests, you can feel more comfortable knowing your property is occupied whilst you travel. Sadly, empty properties can become a target for robberies and damage. By renting your apartment out to trusted tenants you will be reassured that someone is taking care of your apartment whilst you’re not there.     If you’re considering renting out your apartment in the short-term whilst you travel but don’t know where to start, Frank Porter can help. We provide a free home evaluation, including running a pricing algorithm to show you your potential rental income. Please visit Frank Porter for more information.
How To Earn Money Without Lifting A Finger?
Renting out your spare room or property is an excellent way to earn an income off your current assets with little to no effort. The short-term renting market is extremely lucrative. Online leasing sites facilitate marketing automation and provide a great deal of flexibility for both the landlord and the tenant. Compared to long-term lease contracts, short-term leasing provides an opportunity for turnover with a higher return. As a property owner, you are able to set your prices based on demand in the market and you have the flexibility to block off certain dates as required. Full Concierge and Property Management Services At Frank Porter, we can take care of every aspect of your lease so you can earn money without lifting a finger! Providing full concierge and property management services, we can style and furnish your property as well as take professional photos to ensure your listing stands out across different platforms. Not only this, we understand the importance of a good night’s sleep, so we provide fresh hotel quality linen for all listings – Ensuring your guests sleep soundly and review accordingly! Offering premier short term rental management, Frank Porter takes care of everything including the listing, renting, hosting and guest management. Adding to this, we will clean the property, set the price, list your property, screen guests and maintain your property during and between each guest. This allows you to reap the benefits of the highest potential earnings for your listing with minimal effort. Short Term Rental Advantages Renting your property to short-term tenants has numerous advantages. Firstly, the short-term property market yields higher returns than the long –term property markets. Another important factor is that landlords can have complete flexibility when it comes to availability, features offered and renters chosen. Third party websites help to connect the landlord with potential tenants and having a furnished listing ensures you are able to generate the highest possible income available.   A disadvantage worth noting is that unlike long-term rental contacts, you are not guaranteed a tenant. However, with the consistently strong tourism industry in the UAE, there is rarely a low season as it attracts people from all corners of the world at different times of the year. Therefore, in such an environment, the risk of not having a tenant is low. The logistics of operating a short-term lease can also be a deterrent for property owners. This is where Frank Porter comes in! Let us take care of every aspect of your listing so you can enjoy the benefits without putting in the work. What could be better! Home evaluation If you’re looking to get your property earning money but aren’t sure where to start, head to Frank Porter to receive a free online home evaluation. Depending on the type of property you have and its location, we can run a pricing algorithm to demonstrate your expected revenue. From there we can work together in any capacity you choose in order to make sure your listing produces the best return possible. The short-term renting market has grown exponentially since allowing private holiday lets in The UAE. Now is the perfect time to join a flourishing market and diversify your revenue streams!
How Summer 2022 Will Look Different to Summer 2021
Get Ready this Summer 2022!   Did someone say freedom? With summer holidays fast approaching, international travel is back on the horizon for many of us and we couldn’t be more excited! As the travel industry proves its resilience and has become more stable, we have seen an increase in confidence amongst travelers. After being restricted for longer than we’d like to admit, we’re seeing a lot of people ready to explore the world again! Summer 2022 brings a lot of positive changes compared to the summer of 2021. As governments around the world reduce their COVID-19 restrictions, we have seen the virus integrate to become somewhat a part of our everyday life and is no longer as restrictive. For starters, as of May this year masks are no longer mandatory in Europe or on internal European flights. Most states in America have also removed all mandatory mask mandates. Destinations like Bali and Australia are now open for tourists to explore and PCR mandates have relaxed in most places around the world. For those of us returning to the UAE, vaccinated travelers no longer require a PCR or any kind of paperwork for entry which makes traveling even more appealing at this time. Hoteliers, airlines and restaurateurs amongst others are ready to welcome tourists back with open arms as the tourism industry finds its feet again. Airlines are reporting full flights and an increase in interest for travel in general compared to last Summer. You can however expect to see the negative toll of the global pandemic. Businesses that heavily rely on tourists around the world have suffered more than anyone and sadly, there are bound to be some that have closed down. However, the rebound of the tourism industry that we are currently experiencing going into Summer is a positive sign for the global economy and is honestly a sigh of relief. Hot girl summer? Family vacay time? The world is waiting. In terms of the preferences and expectations of travelers, you can assume there will be a greater emphasis on hygiene and lucky for travel agents, there has been a jump in people booking through them for a greater sense of ease and reassurance incase anything is to go wrong. We can expect most travelers to invest in proper travel insurance as the last year has taught us plans can change at any time. If you’re planning a trip, whist it may seem obvious, expect more people. Compared to last year, every aspect of the tourism market is reporting an increase in foot traffic. You may not have four seats to yourself on the plane and you’ll probably have people in the room next door to you at your hotel but take it as a positive sign that the world is regaining some normality. Whilst it is important to remember to take precautions as COVID-19 still exists, the reduced restrictions mean we can start to see the world again and what better time to start then Summer. Enjoy the long European days or the balmy Texas nights and create memories to treasure. We would recommend making sure you have a copy of your vaccination certificate and what’s the harm in taking a RAT test with you on your trip just for a little piece of mind? So it’s time to open that side drawer and dust off the passport because It’s time for the world to feel connected again.
Post COVID Travel Tips And Guides 2022
Post COVID Travel Tips And Guides 2022 How travel looks differently post COVID With the COVID-19 pandemic, the world has remained relatively grounded for the past two years and travel has seemed like somewhat of a dream. With travel and tourism recently opening up for the majority of countries globally, the industry is starting to find its feet again and the world is waiting to be explored!  There’s no doubt that the pandemic has changed the way we travel. There is now hand sanitizer instead of mints at the hotel check-in and masks are mandatory on all flights. Flight check-in requires intense paper shuffling for all the required documents and many attractions as well as restaurants require proof of vaccine for entry. On the plus side, many cities have reported environmental benefits from the reduced foot traffic and a decreased number of tourists means you can see some of the most popular attractions in a more intimate setting. If you’re still feeling slightly hesitant when it comes to traveling you’re not alone, we’re here to reassure you that the world is just as interesting and beautiful as it always was and travel industry is back with a bang, albeit with a few changes:   Travel Documentation Checking-in used to include simply showing your passport and a visa depending on the country you were traveling to. Now, documentation often includes a recent PCR test, travel insurance, proof of accommodation, proof of return flights and a visa – even if you previously didn’t need one for the destination. We suggest printing the documents off so they’re easy to store and show whenever required.  Our biggest advice is to ensure you have the correct documentation for where you’re traveling to. This can change often so it’s important to align with the country requirements for wherever you are visiting and stay up to date with any changes.    Unpredictability For most people, this is the most daunting part of traveling post-COVID. Previously we saw borders close with little warning, flights overbooked and people stuck in countries recovering from the virus. We suggest investing in flexible travel plans such as flight tickets and refundable accommodation, purchase travel insurance that includes COVID coverage and remain calm. Life is bound to throw some speedbumps at you whether COVID is around or not so embrace the challenges and enjoy the ride.  Reduced capacity / Opening hours  Some of the most popular tourist attractions have reduced their capacity in order to allow for social distancing. We recommend where possible, pre-booking your visits and outings to ensure you are not disappointed upon arrival.  For us at Frank Porter, you’ll find us focusing on property sanitization as well as trying to provide guests with the most up-to date information for the destination. We, just like our visitors are adapting to changes within the industry as a new travel reality has been created.    Top tips for traveling with children  Travel is enlightening as it opens the mind and expands your horizons. The same applies for children. Whilst traveling with little ones requires a little more preparation, we’ve put together some of our top tips to ensure you have less stress and more fun.   Don’t over pack Whilst it may seem like you need to include everything for any possible scenario, truth be told we know our children end up playing with the wooden spoon in the rental property rather than the big bag of toys you lugged from the other side of the world, so pack smart. Pack essentials and remember it’s you who will be carrying and re-packing it all! Pack snacks Kids are on their on schedule when it comes to eating and it may not fit in with the flight service times or the hotel dinner times. Be prepared with snacks (especially important if you have a fussy eater) to minimise any hangry tantrums along the way (from the kids at least!).  Pre-book where you can Especially important for aspects like airport transfers…Could you think of anything worse than trying to find a taxi in a crowded airport arrival area with your luggage and kids after a flight when you’re no doubt exhausted. The same applies for tourist attractions, dinners and anywhere else that will accept bookings as it takes the stress away from your visits. Leave plenty of time There is nothing stronger that a toddler that decides they don’t want to move as you attempt to navigate your carry-on luggage through a busy airport security line. Leave plenty of time so they can stare at the planes at the airport, drink slowly from their sippy cups and they are not affected by your stress and rushing around.  Prepare for the flight When flying with kids, ensure you have their comfort toy and try to strategically choose the flight times to coincide with their nap schedule. Granted with any holiday their schedule is off-balance, however the journey will be a lot smoother if they are able to have a good sleep on the plane or take the trip well rested. Don’t forget to pack a bottle / gum or sweet depending on their age or them to suck or swallow to help them equalize their ears with the pressure of the plane landing. If your baby is with the airlines weight requirements to use the bassinet, book the bulk head seat and you won’t regret it! Online Shop in advance You know your accommodation address so why not take advantage of websites such as amazon to send some necessities including children’s nappies to your accommodation before you arrive. You will be glad you have them and you won’t have to fit them in your luggage or carry them around airports.  Bring a car seat Some car seats are ITAA / Airline approved so your child will feel more comfortable throughout the flight. Regardless of that, whether you hire a car or take taxis, by brining your own car seat you are reassured that the safety standard has been approved by you and your child will feel more at ease with their own seat.   Communicate the travel plan to the children Let them learn about the destinations you are traveling to (if they’re old enough), get excited for what they’re going to see and also manage their expectations so they do not feel overwhelmed with being in unknown surroundings.    There is nothing more rewarding than seeing the world through the eyes of a child. Their enthusiasm and excitement is unparalleled.  However, traveling involves parenting on the go and requires increased flexibility from both parents and children. You may find your kids having a little extra screen time, a little less sleep and a little more sugar. Remember their surroundings are unfamiliar to them so if by increasing a few of their comfort treats they are able to relax into the holiday, we’re all for it!
Guide to Finding A Property That Will Perform Well on Airbnb
Airbnb has slowly made its way up in the hospitality industry. Most people prefer booking an Airbnb as it provides them a level of flexibility. That is why letting out your property through Airbnb is considered highly lucrative. In a booming tourism market like Dubai, Property management companies for Airbnb can increase your earnings multi-fold. Dubai is growing continuously and sees a regular influx of tourists. Anyone who wants to earn can buy a property in this market and give it out for rent through Airbnb. However, doing that comes with its share of doubts. The property you choose should be in a place that is likable. Here we are going to tell you how to find a property that people will like Location Obviously, the location of the property is the most critical factor. Downtown Dubai and Dubai Marina are two places where you can find a decent property. Plus, people want to rent out properties located here. Other spots that you could choose would be near popular tourist attractions. If you want, you can buy a property in a peaceful residential area that is centrally located. That way, the customers would get someplace to relax and yet remain linked with other parts of the city. Appearance Properties that get more traction are those that are visually enticing. You have to pick up a flat or bungalow that looks attractive. Most of the renters book accommodation based on their looks. So, if your property lacks in this aspect, chances are it won’t be picked up. The property you choose must be spacious, have good lighting, and be neat in styling. Images you post should be attractive so that the customers want to stay at the property. A well-maintained and beautiful property, therefore, is a must. Facilities Provided The customer will stay here, so he wants the same convenience as his home. Make sure that the facilities provided match up to what you have shown in the ad. The most common facilities required are: Air conditioner Washing Machine Wi-Fi Dryer Microwave Ironing board Fully stocked kitchen Properly working appliances Check what other facilities most Airbnb outlets provide. This will make it simple to plan out your renovation of the property. Also, have a look at what other properties are charging. The rates of your property should be close to the same. When picking up a property, you can contact the vacation home rental agency. They will tell you where you can find the best properties. Taking their advice, you will get the type of property that will offer immense passive earnings.
What Are the Different Types of Airbnb Rentals?
Long gone are the days when we used Airbnb as a rental platform. The service caters to a different audience these days. People book them when they want a homely comfort during their vacations. But the platform has undergone a drastic change. Now they have included three categories Plus, Airbnb Luxe, and also Airbnb for professional work. The Airbnb listing management you hire would tell you more about the same. But the truth is that how are these different from each other. Obviously, they each have their own pros and cons. Before booking any, you must know all these facts. Here we will tell you details about different types of Airbnb that are available. Airbnb Classic This is the most basic of the Airbnb types available. If you are a host, you should know how Airbnb users can sort the rentals. Entire Place Here the listing will show ads where users get an entire home for themselves. People who opt for these want total privacy. The hosts have to provide all services exclusively to the user. The Private Room This is when you have only one room to share. In this case, the host has to mention the facilities available. For example, if the guest can use kitchen services or not. A Unique Stay This includes the homes that are unique either in their location. For example, if it is a glasshouse or located in the forest, you can mention that. Super Hosts Many people only want accommodation with a super host. If you have that facility, ensure that you mention it. Airbnb For Professional Work This profile is useful when the companies have to book multiple accommodations for their teams. However, to get yourself listed here, you have to provide facilities like Wi-Fi, well-designed workstations, laundry, etc. Airbnb- Plus The Airbnb plus includes homes that exude luxury. To qualify, your home should be well maintained and must pass the quality checks of Airbnb. Plus, homes have to offer all facilities to their guests like a fully stocked kitchen, toiletries in the bathroom, a perfect garden, and maintained appliances. You must work somewhat hard on the maintenance to get selected. Airbnb- Luxe The Luxe category has only 2000 properties the world over. They check all the homes and see that they satisfy nearly 300 different criteria. The guests get access to gorgeous properties, and the trip designers create the perfect vacation. For the property to enter into any of the above categories, you have to find out what you can focus on. The vacation home rental agency can guide you better with regard to this. Contact them if you wish to succeed as an Airbnb host.