Converting your guest room into a rental is a good way to earn extra money. Contrary to what first-timers think, though, it could also be hard work. It’s not as easy as releasing your ads and then you’re good to go. You also need to make sure that you get noticed and actually profit from it. Here’s how:
Do the necessary repairs and maintenance
More than design and amenities, people are looking for simple, durable, and clean rooms, so prioritize them. You don’t want your guests knocking on your door because of a running toilet or read reviews saying that they were bitten by bed bugs. Make the necessary repairs and try heat bed bug treatment to get rid of the pests.
Establish privacy and set boundaries
Even if your guests like to chat about the local life, they also want privacy. Be clear and tell which areas are open to guests. As much as possible, use dividers so they would still feel that you’re not intruding.
Choose the right platforms
While you’re set on listing your place on a specific platform, don’t limit yourself. Use several platforms, as long as they’re manageable. Once you notice that one platform is working better than the rest, then that’s the time you can settle for that.
Have more income-generating tactics
Make the most of your room rental by adding more products or services that your guests would be interested in. You can offer food and drinks, souvenirs, or quirky items. You can also partner with local businesses that offer tours, so you get a commission.
You want to maximize your resources and make money out of them. Having your extra room up for rent is a good idea, but you also need to know that it’s a big responsibility. If you’re too busy to be hands-on, at least have someone that you can trust to run the operations.