Owning short-term rentals during a pandemic can be a challenge. One of the industries that got hit the hardest during this pandemic is the short-term rental industry. During the summer, many people rely on short-term rentals to make ends meet during the rest of the year, but because of the concern of the pandemic, some states haven’t even allowed short-term rental properties to open. For those that are allowed to open, there are important things to consider that will make the experience the best it can be given these trying circumstances.
Communicate with Guests
One of the most important things you can do is communicate with your guests. Establish your policies and clearly communicate those with your guests. Let them know what you are doing to keep them safe during this pandemic. For example, if your short-term rental is a bed and breakfast that you rent out to multiple people at a time because you have multiple rooms, you can allow guests the option to come to breakfast in the dining room or stay in their rooms for breakfast. Let them know what your policies are so that nothing surprises them during their stay.
Short-Term Rentals During a Pandemic: Clean Your Properties
During this pandemic, it is of the utmost importance that all short-term rental properties get thoroughly cleaned in-between visitors. Some states have their specific guidelines of what insures cleanliness. An average-sized house can take 1 to 2 hours to completely sanitize. It might even take longer, depending on how in-depth you go with your cleaning procedures. But cleanliness is what reassures guests that they are safe from the virus while they stay in your property, so it is a step to not miss in-between visitors.
Short-Term Rentals During a Pandemic: Flexible Cancellation Policies
Another important thing to consider is flexible cancellation policies. People are scared during this pandemic, and even if they are willing to make travel plans, their plans might change due to the virus. Allow them time to cancel at any time and be understanding if their plans change for any reason. Traveling is stressful at the best of times, but during this pandemic, it’s even more so.
It might be stressful to handle short-term rentals during this pandemic, but you can make the experience as stress-free for your guests as possible by being open with your policies, cleaning your properties thoroughly, and allowing your guests to cancel. Be as accommodating as you can so that their experience with your short-term rental is a positive one.
For more great tips, attend one of our virtual meetings!
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The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education, and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agents, brokers, investors, hedge fund managers, rehabbers, wholesalers, and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that it does not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
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