Business

Condo or a House – Which is Best for a Short Term Rental in Arizona?

How often have you thought about turning any home or spare room in Scottsdale (or Phoenix) into extra cash? When you are ready to get started, try a proven and tested service. To earn passive income from your property in Arizona, make a well-informed decision. Then, use Airbnb (Air Bed and Breakfast) services.

Airbnb is a great strategy to make money from unused space on your property. You can find out how much money you can make on the company’s website.

In the Grand Canyon State, hosts Airbnb guests from all over the United States and the world. You will be hard-pressed to use a better service to earn money by hosting guests who travel for pleasure or work.

Airbnb is a no-brainer. The American company lets you earn money from any spare space. Airbnb already covers over 100,000 cities in 220 countries and is growing each day.

Are you considering turning your house or spare room into an extra source of income? If that is the case, there is some information about which you ought to know.

For example, Airbnb is a boon for many property owners and real estate investors. They all are profiting from the Airbnb rental service. So now you have the potential to make money, too.

Get Started Creating A Passive Income!

Source: apartmentlist.com

Contrary to popular belief, getting started with Airbnb is easier than you think. The company will assist you in getting started to earn passive income right away.

How Does Airbnb Work For Property Owners?

Airbnb offers a safe and secure travel platform to connect with your guests. The company authenticates individual profiles and listings. It ensures that hosts and guests can connect and engage with confidence.

Each day, Airbnb manages a trusted platform. The company makes it easy to send and receive money in a safe and secure environment. The company’s first concern is the well-being of your guests and your safety and peace of mind.

Using Airbnb, hosts can rent out their property and connect with people looking for a place to stay. And, hosting Airbnb guests rewards you, the host, with pleasant lifelong memories.

Learn about Responsible Hosting in Scottsdale!

Source: airbnb.com

When hosting guests, paying attention to minor details is essential. As a responsible host, you must adhere to reasonable standards. They are set forth by Airbnb, which are also adhered to by all other hosts.

It is best to provide your guest with emergency contact information upon arrival. Also, provide them with local emergency phone numbers? Moreover, include the names of the nearest hospitals.

And, include a contact number for yourself as well as a backup number. Finally, make it clear how to reach you if a guest has any queries or problems with the accommodations.

The association between cleanliness and health is evident. For that reason, you must adhere to Airbnb’s cleaning and disinfection guidelines.

Inspect your property where guests could trip or fall. And either redress the liability or display warning labels or signs in the affected area(s).

Hire a bonded, licensed, and insured electrician to repair any exposed or frayed wires. And remove or secure any items that can endanger your visitors.

It would help if you took these and other remedial actions to make your space safe for guests. Remember the adage: Safety first!

Is Airbnb a Seasonal Business and Why?

Source: skift.com

Airbnb is a unique company that operates on a season-to-season basis. In the third quarter of the year, Airbnb generates the majority of its annual revenue. And, due to the high volume of tourists during the peak summer months, Airbnb makes more money. That is a fact you must keep in mind.

What are the Rules in Maricopa County About Airbnb?

Unlike other counties nearby, Maricopa county is more lenient towards Airbnb hosts. Soon, the county is considering setting forth more rules about Airbnb hosting. But these are the more reasonable rules. For example, in a 4-bedroom property, Airbnb hosts cannot accommodate 15 or more guests.

Are you Ready to List your Property in Scottsdale?

All told, you have the perfect property in Maricopa county for your guests. And your property rests in some of the best neighborhoods around Scottsdale. Your guests will love to book a stay with you, and you know you will be a great Airbnb host.

Life in Scottsdale is fantastic, there is plenty to do nearby, and Scottsdale has so much to offer. It is everything your guests could want in one place.

What about the Local Property Taxes?

Source: kiplinger.com

In Maricopa County, local property owners pay low property taxes. They pay low taxes because of the favorable tax breaks. The local government regulates the total tax rate on owner-occupied residences.

As a result, all property taxes in Arizona are low. Arizona’s average effective tax rate is 0.62 percent, lower than the national average of 1.07 percent.

What to Do and Where to Go?

Old Town is a reference to a majority of the city’s historic downtown district. In the center of Scottsdale, the area is situated near major attractions and events. And, the streets teem with activities like 90-minute walking tours. Your Airbnb guests can stroll along with other pedestrians through Old Town Scottsdale. This lively core of Scottsdale will become more attractive to them as they take in the sights.

There are top restaurants, quaint boutique shops, historical monuments, and much more. In and around Old Town Scottsdale, your guests will have many choices to do and go.

The best must-do activities and must-visit places are exciting and fun. Your guests will have ample opportunity to attend local events. They can attend everything from art exhibitions and live music to car auctions and PGA tours. And they can visit top places like Soleri Bridge, Crazy Horse Gallery, Heard Museum, and more.

Is Scottsdale a Wedding Destination?

Source: kiplinger.com

As you may know, the answer is a resounding “Yes!” Scottsdale is a popular destination for weddings and other special occasions. Also, the city’s picturesque scenery makes it a perfect location for any event. As a result, luxurious hotels and resorts have flourished in this Arizona town due to the very same lure.

For a wedding or other local event, your guests may have found your Airbnb listing. While looking for lodging in Scottsdale, they may have booked a stay on your property. Catering to people attending weddings is a great way to make money on Airbnb.

In Conclusion:

It would be best if you kept something in mind. If you want to offer your place on Airbnb, you must post high-quality images of the actual location. Airbnb guests need to know what you are offering before they book a stay with you. If you happen to be looking to invest in short term rentals in the Phoenix/Scottsdale area we recommend you look up The Kay-Grant Group to help you out.

Treat your guests with respect when you rent out your property for a wedding vacation or any event. But do not be afraid to make your own rules, either.

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