Found 2 blog entries tagged as short-term rentals.

Welcome to our blog, where we delve into the exciting world of real estate and explore different ways to maximize the potential of your property. In this post, we'll discuss the pros and cons of utilizing your home as an Airbnb, shedding light on the opportunities and challenges it presents. Whether you're considering renting out a spare room or listing your entire home, read on to make an informed decision for your property's future.

Pros of Using Your Home as an Airbnb

Rental Income Potential

One of the biggest draws of becoming an Airbnb host is the opportunity to generate additional income. By offering your home as a short-term rental, you can tap into a booming market of travelers and tourists looking for unique and personalized…

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Chances are, most Canadians won’t be flying south this winter for a sun-soaked holiday so they may be looking for domestic vacation rental properties. If you own a cottage and are considering renting it out for the holiday season or the entire ski season, this is a great time to do so, says HGTV’s Income Property and cottage rental expert Scott McGillivray.

“Right now, more than ever, with international travel at a standstill, domestic vacation properties are at a premium,” says McGillivray. “It’s hard to ignore the size of the opportunity and the rental rates you can generate.”

However, if you’ve never played landlord before, you’ve got some homework to do first. We asked McGillivray for his best advice on how to protect your home, your stuff…

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