I get this question from real estate clients fairly often — usually after they’ve stayed at a short-term rental themselves and started wondering whether their own property could work the same way. Here’s what I tell them.
Check Whether You’re Actually Allowed To
This comes before anything else. City rules, HOA restrictions, and lease terms (if you’re not the owner) can all prohibit short-term rental use outright. Confirm this directly with your HOA or local municipality before spending a dollar on furnishing or marketing.
Furnish for Guests, Not for Yourself
What works for how you live day to day isn’t always what works for a rotating set of guests. Durable, easy-to-clean furnishings and a layout that makes sense to someone seeing the space for the first time both matter more than personal taste.
Decide How Involved You Want to Be
Hosting personally, the way I do with Kismet Getaways, means being reachable and hands-on. That’s not the right fit for everyone — some owners genuinely want a hands-off management arrangement instead. Knowing which one you actually want, going in, saves a lot of frustration later.
Price It Honestly
Overpricing a new listing to protect margin usually backfires — it just sits empty. I’d rather price a property to build a track record of stays and reviews first, then adjust from there.
If you’re weighing this decision, I’m glad to talk through it — from both the real estate side and the hands-on hosting side.