Airbnb hosting may seem like an effortless way to earn extra income for most people, but hidden costs can surprise even the most prepared hosts. Beyond listing fees, various expenses, such as initial investments and ongoing maintenance, can eat into your profits. Knowing these costs upfront can help you set realistic expectations and avoid disappointments. […]
by Lisa Peterson
Renting out your property through Airbnb or other platforms can be an excellent way to earn extra income, but it also comes with unique risks. Some of the unforeseen issues that can arise when hosting guests include accidental property damage and liability claims, to mention a few. This is where short-term rental insurance comes in. […]
by Lisa Peterson
The rise of short-term rentals has opened up significant opportunities for property owners in Australia, with the potential for steady cash flow. However, diving into multi-property management can be overwhelming if you don’t have the right processes in place. Understanding how to manage multiple short-term rentals is crucial, and it requires more than a few […]
by Lisa Peterson
Self-managing an Airbnb is a huge commitment. You will often need to allocate some hours daily to updating your listing, communicating with guests and potential guests, and taking care of the cleaning after check-out. All this may sound overwhelming, and it is, especially if you are a first-time host or have other responsibilities on the […]
by Lisa Peterson
Airbnb has revolutionised how we think about vacation rentals, and the trend is getting bigger and better. However, running a successful Airbnb isn’t all plain sailing. It takes more than just listing your space and waiting for bookings to roll in. Instead, you need to manage the physical property of the listing and be in […]
by Lisa Peterson
The Airbnb business attracts diverse participants, from homeowners who list their primary or vacation homes to real estate investors who leverage short-term rentals for higher returns. Lately, there has been a spike in the number of renters practising “rental arbitrage,” where individuals lease a property, furnish it, and sublet it as an Airbnb. Regardless of […]
by Lisa Peterson
Have you considered turning your property into a holiday home or an executive apartment? This decision can yield significant financial benefits and ensure your property remains occupied rather than sitting vacant. With the rising demand for short-term rentals, property owners now have lucrative opportunities to maximise their investments. Rising Demand for Holiday Homes Holiday homes […]
by Lisa Peterson
Managing a property in Sydney’s dynamic rental market is both rewarding and challenging. From maintaining high property standards to ensuring exceptional guest experiences, effective property management plays a vital role in maximizing your investment and securing consistent bookings. Below are top tips to elevate your property management strategy and achieve success in Sydney’s competitive market. […]
by Lisa Peterson
As a host or homeowner, creating a standout guest experience is the key to success in the competitive short-term rental market. At L’Abode, we believe every home should be an unforgettable experience for guests, which is why we focus on providing personalised touches and a meticulous attention to detail. Here’s how you can make your […]
by Lisa Peterson
Let’s start with some stats: In Melbourne, the occupancy rates increase from approximately 62.6% in winter to 68.3% in summer. Brunswick (Melbourne suburb): Occupancy rates rise from 71.8% in winter to 78.4% in summer, reflecting heightened demand during warmer seasons. In Australia, short-term rental occupancy rates exhibit notable seasonal variations, with higher rates during summer […]
by Lisa Peterson
