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!
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!