How to become an Airbnb host in El Paso Texas
These days when people are scrambling to cram in two years’ worth of missed summer vacations, you can bet that demand for some type of housing is going to go up. You might assume that hotels are the go-to but think again — tourists are simply tired of the inconvenience and high prices that staying at an expensive hotel can bring.
Instead, they’re looking for more affordable options that can offer them the same level of convenience without all the hassle. That’s where Airbnb comes in as the perfect solution. Without having to deal with huge parking costs, they can do a contactless check-in and have total privacy in a furnished space to temporarily stay at. It’s the perfect way to plan a seamless vacation experience.
So, what can you do on the other side of things as an El Paso resident with an extra space or two? That’s right — you can become an Airbnb host. By listing your properties on the site, you can easily make an extra several thousands of dollars without having to spend a single additional cent or hour of your own.
Without further ado, let’s take a look at how you can start renting out your El Paso, Texas property on Airbnb and earn passive income today.
Benefits of Staying in an Airbnb in El Paso
Once you’ve considered renting your El Paso property on Airbnb, you might be wondering if there’d be a demand for it in the first place. After all, you could imagine properties being incredibly sought after in cities like New York or Los Angeles, but would anyone actually rent in El Paso?
Believe it or not, but there are actually numerous reasons why your property would do extremely well on the market. Because of that, it’s important to understand your potential customer’s point of view so that you’re able to market your property in the best possible light. Here are just a few of the reasons why you could receive constant back-to-back bookings with a regular flow of income.
- There’s Much to Do
As an El Paso resident yourself, you’re probably already familiar with the nice weather all year long. The sunny skies and the mild temperature make it perfect for those who love to frolic outdoors and enjoy the lively city culture. No wonder it’s also known as the ‘Sun City!’ El Paso is also the perfect balance between the exciting city life and the calmer suburban lifestyle. There’s rich history everywhere to be explored and there’s no shortage of restaurants, museums, and local landmarks worth exploring.
- Great Job Economy and Low Cost of Living
Beyond vacation purposes alone, much of the movement in the states is motivated by lucrative job opportunities and low costs of living. Sure, while New York City and Los Angeles may be exciting places to visit, they definitely aren’t affordable environments. El Paso on the other hand has a job market that’s only making it perfect for those of entry-level or high-level experience to move to. Thanks to the large number of companies that have positions located in the city, opportunities are endless and abound everywhere. Those who are interested in checking out the El Paso scene will no doubt rent your Airbnb to explore around.
Renting Your Space With Airbnb in El Paso
Now that you’re fully invested in turning one of your empty properties into a money-making machine, it’s time to discover how you can optimize your listing to maximize your income stream. Being a successful host isn’t always easy, so following our tips below will help you get started on the right foot.
- Study Up
If you thought you were out of school, then hold your horses just a second longer. First, it’s important that you check to see if your rental can legally operate. Some hosts find that they need to take a visit to city hall to fill out some paperwork, so you might need to do the same. If they’re any additional rules and bylaws that are enforced by any homeowners’ associations or condo boards, don’t forget to take a glance at those to make sure that you comply with the guidelines.
- Fix Up the Place
If you were looking for an Airbnb of your own to rent out on vacation, you’d want to live in a nice place, right? That’s exactly what your prospective renters are on the lookout for as well. Before you immediately spit up a listing, pay a visit to the property to clear it of your clutter and make it presentable. An expectation of every renter is that your property will be furnished, so invest in some new furniture or bed frames if you must. It’s one of the few ways that you can stand out from the competition.
- Take Photos
Good photos make a world of difference when it comes to capturing a prospective renter’s limited attention and setting yourself apart from your competition. However, simple phone photos aren’t going to do it. Just like any businessperson, it’s a great idea to invest in some professional photography to make some serious bank in the long run. Go for those photographers that specialize in real estate photography and guide them on the unique and most special areas of your property.
- Craft a Descriptive Listing
The description is arguably just as important as the photos for retaining audience interest. You’ll want to be attention-grabbing and straight to the point, but also honest at the same time. Keep in mind that you’ll be getting reviews for every stay, so it’s important that you be transparent to avoid later problems and complaints. That means specifying the amenities that are available and noting where the potential drawbacks are. As a generality, you should also always provide great customer service, a quality check-in experience, and restock your amenities often to receive glowing reviews. Don’t let your descriptions stand alone!
Don’t Forget to Study the Competition!
With over 528 listings at an average daily rate of $85, El Paso has a thriving Airbnb market. To help you gauge where your listing may be at in comparison to the others, here are two of the best in the area with what makes them stand out.
- The Private Detached Guest Suite
This beautifully furnished guest suite stands out not just for its gorgeous furniture, but also for its quiet and historic location in the Austin Terrace neighborhood. It makes itself wonderfully accessible to solo travelers and couples alike, as it’s also a short 10-minute drive away from the downtown. Plus, renters can’t forget about the free breakfast, kitchenette, TV, and Wi-Fi that it comes with!
- The 1950’s Vintage Home
This nostalgic rental space makes itself ideal for traveling groups with its 2 bed and 1 bath accommodation. Situated only 4 miles away from downtown, it lends itself nicely for short walks to shops and restaurants. Convenience is also no doubt stressed with its full kitchen, laundry area, TV, Wi-Fi, and back patio.
Although hosting your own Airbnb rental space in El Paso, Texas may seem intimidating at first, it’s well worth it to push past that fear to create a great stream of income. By doing your due diligence and following through with the steps, you’ll be well on your way to crafting the ultimate Airbnb experience and listing for your prospective renters.