Short Stay rental management (3 months)

Hi all, I am contemplating a 2-3 months holiday break between jobs to do a bit of travelling overseas. I want to rent out my furnished apartment for just that period to help out the travel expenses. I am not sure about Airbnb as it has a very high turnover and I prefer to have just one tenant if possible or at most no more than 1 per month throughout the 3 months . Does anyone knows any particular management service that will manage this type of rental?

 

Might be work checking with your strata manager re: any short term let by-laws that are in place.

 

I think existing short term let hosts would be interested in taking it on. Perhaps not me, but i'm sure there will be other people interested.

 

Depends where. Abnb good for cities near transport. Stayz. Agent....

 

Check your strata by-laws and town planning restrictions first.

AirBnB/Stayz would be the main avenues for short term letting, however you will find some of the local real estate agents will also manage holiday lettings.

 

Whereabouts is your apartment?

 

Have you considered an executive rental?

 

Thanks for the replies guys

Do you mean Airbnb let hosts outsourcing? I we have a brief look into it and it's fairly expensive for the service.

We have people do AirBNB and no one is complaining, I doubt if it will cause any issues if we do a short term lease.

Redfern just 3kms from the CBD and 5 min walk to Station close to cafes and restaurants.

no, not sure how it works and which to use, any recommendations?

I am looking at Vacation rentals, short term rentals, villas and apartments - HomeAway from Stayz and it looks ok, will need to investigate a bit more into it.

 

Plenty of sites if you google executive rentals

 

Fair enough, but should the situation change then the strata committee may start issuing you and/or those other people breach notices, and this process may affect your/their plans down the track...

 

It will definitely work in that area because I have one myself.
You can get other hosts to manage on your behalf... they will take a fairly decent cut, but I think you'll also make good money.

 

I was just looking for someone to manage airbnb rentals and found companies like "hey tom", "made comfy", "and chill", "airsorted", etc.
They take around 20% of the net profit. I think it's still reasonable compared to if it's just left empty.

 

good to know! Please let me know how it goes, so if I ever go on a long break, this could be a good option.

 

Unfortunately I just found out that a $8000 permit from the council is required here in the gold coast for short term letting to tourists. So I probably wont have a chance to try them here, I don't want to risk it.