Airbnb hustle into long-term residential rental market

The short term rental accommodation market is booming, and the real estate industry is feeling the impacts. Recently, the industry has seen an increase in tenants illegally subletting a house or room to offset their rent, and in some cases pocketing rental returns, double what the properties’ owners earn.

Airbnb is one of the largest STR players in market, and now they have their sights set on long term residential rental services.

But can online accommodation-sharing site, Airbnb really disrupt the long term residential rental market?

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How to find the right property manager to lease your property?

Leasing your property, whether it’s an office space or apartment, is about determining market rate, finding the right tenant, minimising vacancies, and maximising the return on your investment.

Achieving this on your own as a landlord investor – and keeping up with the many other related tasks of property management – can be time consuming and difficult.

Finding a dedicated and experienced property manager to assist you, is often the best option to ensure you get the most from your property.

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