Property investors – especially in strata buildings – should switch to holiday rentals instead of long-term tenancies if they want to maximise their profits, says the founder of a company that manages Airbnb-style properties on behalf of landlords.
According to MadeComfy co-founder Sabrina Bethunin, a report her company commissioned shows says that short term holiday letting rates are now on a par with hotel room rates.
In case you haven’t heard of them before, Madecomfy provides a complete management service, from handing over keys to changing bed linen and cleaning the house or apartment. This is for Airbnb and other internet letting hosts who don’t want to have to deal with their guests directly – an arms-length, never-meet-the-tourists arrangement that Airbnb calls ‘sharing’.
You can here an interview with Ms Bethunin on ABC News Radio here.