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Business for daily rent of apartments! Main questions

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What is more profitable to rent an apartment - for a long term or daily? From personal experience I can say that you can earn several times more on daily rent, but for this, firstly, you need to invest well in the repair and arrangement of housing, and secondly, have a sufficient amount of free time, effort and desires.

For rent for a short period with daily payment, odnushki or studios are most relevant
For rent for a short period with daily payment, odnushki or studios are most relevant

Let's take a look at a few basic questions that every person who decides to start a daily apartment rental business faces.

Ø What apartments are in demand for daily rent?

Statistics and common sense show that there is little interest in apartments with a large number of rooms. For rent for a short period with daily payment, odnushki or studios are most relevant. Doubles and treshki are rarely removed. They are mainly interested in groups of students or workers.

The greatest demand is for apartments located near the business and entertainment centers of the settlement, as well as educational institutions. The advantage will be the lack of nearby hotels.

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It is important to understand why a person is willing to prefer an apartment to a hotel room. There are several reasons for this: affordable price, equipped kitchen or kitchenette, homely atmosphere. Apartments that meet these points are in demand. Therefore, it is necessary to create coziness, cleanliness in the apartment and provide living space with the necessary kitchen and household appliances.

Actual ads and prices for daily rent of apartments in the city. Moscow
Actual ads and prices for daily rent of apartments in the city. Moscow

Ø What are the ways to find target customers?

In the era of the Internet, clients, when planning a trip, start looking for housing on the Internet. Post your ad on the most popular local and well-known sites - Avito, Cyan, etc. Create an attractive business card website. Take care of promoting your website.

Paper ads work too. Therefore, it is worth distributing leaflets, business cards, placing advertisements on stands at bus stops, auto and railway stations, educational institutions.

Use the services of realtors. Taxi drivers can also help in finding clients. Specify the terms of cooperation, indicating the guaranteed percentage of housing delivery.

Actual ads and prices for daily rent of apartments in the city. St. Petersburg
Actual ads and prices for daily rent of apartments in the city. St. Petersburg

Ø What documents are required?

1. Landlord's passport.

2. Extract from EGRIP.

3. If there are other owners, their consent to rent out the living space.

4. Lease agreement form.

Actual ads and prices for daily rent of apartments in the city. St. Petersburg
Actual ads and prices for daily rent of apartments in the city. St. Petersburg

Ø Do I need to register a home rental business?

The law does not require a legal entity to register in order to rent out an apartment. But the landlord is required to pay taxes and file a tax return. You can apply for an individual entrepreneur. So it will be easier for you to sort out conflict situations if it comes to contacting the authorized bodies. To issue an IP or not is up to you.

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