article thumbnail

Hosting 301: Airbnb as a Business

MaidThis

This could include getting any necessary permits and licenses and following local regulations and laws. Offering paid add-ons , like tours, transportation, or event planning can also be a great way to add value for your guests and increase your revenue. You also need to have a good handle on insurance and all that goes into it.

Airbnb 52
article thumbnail

Investing In LA Rental Property – Location is Key

Real Property Management Choice

Transportation Improvements: Planned transportation projects can impact the appeal of the property to renters and the property’s long-term value. With a licensed real estate broker and an experienced real estate appraiser in our team, we know what works, what rents, and how to maximize the returns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How does a Property Management Company in Los Angeles work?

Real Property Management Choice

It excels in almost every regard, from the high-tech industry to advanced transportation to a world leading creative economy. The state of California requires all real estate property management companies to have a broker’s license and also a general contractor’s license. Here the economy is one of the world’s most diverse.

article thumbnail

Airbnb Hosting Services: Getting Help with Managing Your Rental

Hospitable

You can also easily update the content of your digital guidebook with the latest information in real-time, whether it's a new WiFi password, changes in public transportation, or an adjustment in check-out time. Different software tools enable hosts to create beautiful and insightful web-based guidebooks.

Airbnb 52
article thumbnail

Understanding What is Due Diligence in Real Estate: A Practical Guide

Host Tools

Assessing the area involves looking at local amenities, transport links, and nearby attractions that will appeal to potential guests. The diligence period also involves confirming that the property’s existing permits and licenses comply with local regulations. A property’s success is often tied directly to its location.

article thumbnail

Are Townhomes a Good Investment for Airbnb Hosts?

Host Tools

Obtain Necessary Licenses: Acquire permits to avoid hefty fines. Proximity to attractions, transport, and dining is crucial. Some cities or HOAs impose bans or limits. Here are some best practices to remember: Research Local Ordinances: Ensure your property complies with rental laws.

Airbnb 52
article thumbnail

Top Tips When Buying Investment Property in Boca Raton

Florida Property Management

Amenities such as transportation, proximity to shopping districts, and nearness to public spaces determine rental demand and appreciation in the long run. #3: In addition, we are a fully licensed real estate firm. Put yourselves in your tenant’s shoes. Which amenities would they prioritize in their choice for a rental unit?