The next elephant in the room this month is the NSW Governments proposed changes to the Fair Trading Amendment (Short-term Rental Accommodation) Bill 2018, which indicates how they are likely to regulate short-stay accommodation including Airbnb™.
It’s important to note that these reforms, if and when enacted, should provide significantly greater certainty to all involved in this industry in NSW. And, as entrepreneurs, we will always find a way to meet our obligations and serve the customer at a worthwhile profit.
In light of this, we have decided to host a new round of national workshops including Adelaide, Perth, Brisbane, Melbourne and Sydney on the incredible opportunity Airbnb™ represents (see below).
Whilst average residential rental returns in major cities may vary between 2.5% – 4%, a well-managed Airbnb™ property can gross between 8% – 12%. As bank lending criteria gets tighter and tighter, this is still one of the greatest opportunities in property today.
Also, property owners are looking for professionals in this space to partner with… and with the right training, that could be you. Be sure to attend our Free national Airbnb™ training.
>> FREE 2-Hour Airbnb™ Education Event **Strictly Limited Seats** <<