How To Get Around The Short-Term Let 90-Day Rule
As a short-term let host, you likely understand the importance of maximizing your rental income and ensuring that your property is booked as often as possible. However, one major obstacle that many hosts face is the 90-day rule imposed by short-term letting. This rule limits hosts to renting out their property for a maximum of 90 days per year in certain cities and regions.
While this rule is in place to prevent hosts from operating their properties as full-time vacation rentals and potentially displacing long-term residents, it can be frustrating for hosts who are looking to make the most of their investment. Fortunately, there are several strategies that hosts can employ to get around the 90-day rule and continue to generate income from their short-term let listings.
One option is to diversify your rental income by listing your property on multiple platforms, such as VRBO, HomeAway, or Booking.com. By spreading out your bookings across different platforms, you can potentially exceed the 90-day limit on a short-term let platform without violating any rules. Just be sure to carefully track your bookings and ensure that you are not exceeding the limit on any single platform.
Another strategy is to offer longer-term rentals to guests who are looking to stay for a month or more. By renting out your property for longer periods of time, you can reduce the number of bookings you need to reach your income goals while still complying with the 90-day rule. Additionally, longer-term rentals can be more stable and predictable, providing you with a steady stream of income throughout the year.
You can also consider partnering with a property management company that specializes in short-term rentals. These companies often have relationships with multiple platforms and can help you maximize your bookings while staying within the limits imposed by short-term letting. They can also handle the day-to-day management of your property, freeing up your time to focus on other aspects of your hosting business.
Alternatively, you can explore the option of renting out your property as a corporate rental or executive suite. These types of rentals are typically longer-term and can be a lucrative alternative to traditional short-term rentals. By targeting business travelers and professionals who are in town for extended periods of time, you can generate income while staying within the 90-day limit.
Ultimately, the key to getting around the 90-day rule on the platform is to think creatively and explore alternative rental strategies. By diversifying your income streams, offering longer-term rentals, partnering with a property management company, or targeting corporate clients, you can continue to generate income from your property listing while complying with the rules and regulations in your area. With some careful planning and strategic thinking, you can overcome the limitations imposed by the 90-day rule and maximize your rental income as a short-term let host.