Why real estate owners are turning to Co-Hosts for their Airbnb/VRBO investments…
First of all, what actually is a Co-Host? Co-Hosts are locals who offer customized support to property owners ranging from cleaning/maintenance or guest communication to full-service property management.
STRs must continue to be licensed, as the City of Austin will continue to enforce STR regulations. In 2016, the city stopped issuing new non-owner occupied STR licenses - known as Type 2 licenses - for short-term rentals in certain residential areas.
Amenities are critical to increasing occupancy rates and profitability in your short term rentals. Think of these features as your key selling points and what differentiates you from your competition; aside from pricing. While they may stretch the budget initially, you need to think about your long-term return on investment - after all, you’re rewarded (for better or worse) by what you do or do not put into a property.