Are you considering renting your home on Airbnb or VRBO?⁣ Here are a few questions to ask and things to consider.
1. Will you need a special permit? Are there short-term occupancy rules or licensing requirements in your city?⁣
2. How will renting affect your property taxes or homeowners insurance?⁣
3. Which platform is best for your type of listing? Airbnb or some else?⁣
4. If listing your primary residence, do you have a reliable place to stay when renters book? Are you willing to take on the inconvenience of cleaning and packing up every time you get a booking?⁣
5. Can your cover initial costs (extra sheets, towels, first aid kit, smoke detectors, etc.) and ongoing costs (soap, toilet paper, cleaning supplies, etc.)?⁣
If you’ve done the research and are ready to generate some rental income, give me a call or send me a message. The short-term market is booming, and I’d love to help!⁣

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.