How To Manage Short Term Rental Apartments In The New York

The New York city is filled with short term apartment rental to accommodate its city dwellers. But does your apartment stands out among others? To make sure, you get the desired rents and demand, follow the maintenance tips to manage your short term furnished rental better:

1.Regularly monitor the surroundings
Stay aware of the surroundings of your rental apartments even during off seasons. By taking the time to find out if there are any events happening, you can market to those who are looking for short-term rentals. For instance, some people will book a weekend break in the low season if their favorite sports team or music artist is playing nearby. In these cases, they will need a short term furnished rental. Stay alert and make the most of the situations.

2.Set up a minimum stay requirement
Setting a minimum stay is important when you’re renting out a property on a short-term basis. Accepting a one-night booking in the middle of a week could prevent you from accepting a seven-night booking for the same week; the one-night booking will already be confirmed before you get a chance to accept the seven-night booking. However, by setting a minimum stay of three or four nights, you are guaranteeing that each booking will have the same stay duration.

3.Know your guests better
A number of different people will want to get a property on a short-term basis. For example, people traveling to a new city for business or a group of friends organizing a weekend near your apartment. Knowing your guests is one of the top ways to make the property get booked time and  again. If the property is in an area that’s popular with those traveling for business you could facilitate high-speed internet. This is an important part of short-term rental management, as it can boost business and increase earnings from the property.

4.Maintain cordial client relationship
Be more just a landlord. Having good relationships with tenants increases the chances of them opting for your property again. To get a steady and regular income from your short term furnished rental,  focus on being more than just a owner.

5.Ensure the apartment is well maintained
Having adequate and well maintained apartment is something that can't be ignored. Make sure all the taps and switches are working. There is no issues with the furniture or the lights. Well equipped apartments tend to attract more tenants than non equipped.

Try following the above tips to get more tenant request and avoid long vacancy in your short term apartments.


Author’s bio: The author is a blogger and the article is about short term rentals.

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APT212 INC. Joined: February 8th, 2019