I want to rent out my house by the day. Where do I start?

Do you own a property that you don't use as your primary residence? Have you ever considered making it profitable? If you answered yes, it's time to consider becoming a host for a holiday rental. Say it loud and clear: "I want to rent out my house by the day!". Let's see what you need to do to achieve this.

Get your house ready

Homes for long-term rental and holiday rental have different functions. Think of your house as if it were a hotel and imagine you are a visitor: what would you need? It's important to know the type of audience you are targeting. This will give you an idea of the decor and furnishings the property should have. Don't go overboard with the decoration either. You can create something beautiful with an express renovation, a coat of paint, vinyl flooring, and practical furniture. In this regard, you can take a look at these posts, they will surely be of interest to you!

• List of things that must be in a tourist rental
• Optimise your tourist accommodation
• Practical tips for decorating your holiday rental

Obtain the tourist license

The holiday rental license is essential so that you can rent out your property without problems. Each Autonomous Community manages these procedures differently, so review the legislation in your area carefully. On the other hand, you also need to inform your neighbours that you are going to convert your home into a tourist apartment. The better you get along with them, the better!

• Holiday home regulations in Madrid
• Holiday home regulations in Catalunya

Set the price

I want to rent out my house by the day, how much should I charge? This is the million-dollar question. To truly succeed, you should not have a price that is too low (this could seem suspicious to potential tenants) nor too high. Take a look at the prices of similar apartments to yours in your area and set a similar rate. Additionally, you can vary the price depending on whether it is high or low season.

• How much does an Airbnb host earn?
• Earning money with Airbnb in low season

Establish rules of use

The last thing you want is for your tenants to cause problems for you or disturb the neighbours in the building, so get to work on creating some guidelines for the proper use of your home. You can establish rules regarding issues such as:

• Pet accommodation.
• Time for taking out the rubbish.
• Prohibition of holding parties.

Advertise your house

Your apartment is good, beautiful, and affordable, but... no one is booking it! This is simply because you are not advertising it well. You have a good number of platforms available where you can advertise it. Prepare a good description text for both the house and the attractions offered by the surroundings. Don't forget to include some good photos. In fact, you could even hire a professional photographer to get quality snapshots. To earn, you have to invest!

Customer service, key to renting out your house by the day

Congratulations, you are now a host! Now what remains is to offer good customer service. Facilitate check-in, improve your English to be able to assist foreign guests, manage essential tasks such as cleaning the property, and ensure they are done well. While your property is rented, be especially attentive in case your tenants have any problems. With care, dedication, and professionalism, that house you currently have closed can become an important source of income for you. Are you up for it?

‍Did you like this post about renting out my house by the day? You can subscribe to the newsletter by completing the form below. You will receive a weekly email with practical tips to increase the productivity of your holiday rental business. Additionally, if you want to save time and money with key handover, you can take a look at the smart lock from Raixer.