Should You Manage Your Airbnb Yourself or Hire a Property Manager?
Short-term rental investors should welcome their new investment achievement. Your investment success depends on your decision between handling property management yourself or hiring a professional management company. Your business success together with your personal life quality depends on this decision. The reality of passive income through hosting turns into a full-time, demanding task, according to […]
Mornington Peninsula Short-Term Holiday Rental Laws: What Property Owners Need to Know
The Mornington Peninsula hosts over 1.6 million overnight visitors annually, attracting it the third-largest short-stay rental market in Australia. If you operate or intend to operate short-term rental accommodation in this sought-after area, regulations here are not something you can skip, it’s mandatory. Short Stay Rental Accommodation Local Law Passed in May 2018, the Mornington […]
How to Increase Your Airbnb Earnings: Proven Tips for Melbourne Hosts
With new regulations, a highly competitive Melbourne market and reduced demand due to interest rate hikes – it’s more important than ever for Airbnb hosts to focus on maximising occupancy. Adapting to these challenges means using smart pricing strategies, effective marketing, and a strong emphasis on guest experience. 1. Make Your Airbnb Stand Out People […]
The Art of Finding the Ideal Airbnb Property
From Mother’s Day to property prices – which we have discussed extensively in this post on our website. At BNB Butler, we always look for good opportunities. Even though bookings are flatter than usual because of financial pressures, Airbnb’s, short-term rentals, staycations, and events are still popular. The premise and appeal. The flexibility. And additional […]
How Interest rates, cost of living, inflation, and how this is all affecting your short-term rental property.
On the 8th of March, the RBA raised interest rates again for the 10th time in a row. Across Australia, the average home loan amount is approximately $600,000. With the increase in rates, repayments have risen dramatically across the board, with an alarming amount of households at risk of falling off the ‘fixed-rate cliff’ in […]