Manhattan New York Vacation Rental Managers

If you are looking to rent out your home in Manhattan, New York for a week or two, you might want to consider renting an apartment instead. The reason is that short-term rentals like Airbnb can be tricky to deal with in terms of building and zoning, and the consequences of violations can be severe. For example, if you have a problem with a noisy neighbor or if you get complaints from your neighbors, it can impact your rating on Airbnb and other platforms. If ratings drop, it can make it harder to attract guests and make it more difficult to find good hosts who will pay what they owe. If you rent out your home for weeks or months, this problem is less likely to happen because the city has time to react. But even if something does come up during your stay, the city is better prepared to deal with it because it knows exactly where to look. On Airbnb, the city’s Department of Buildings (DOB) looks at how many complaints are coming in from users and whether they fall into one of seven categories. A listing violation on Airbnb includes things like a bed left unmade or trash left behind. If you do not comply with the terms of your rental agreement, you could be hit with a fine between $250 and $2500 per day and receive a court summons.

Manhattan is one of the most expensive cities in the world to rent and maintain a primary residence. But it’s also one of the most popular destinations for visitors, so if you want to make money renting out your Manhattan home as a short-term rental, there’s no better opportunity. We’ve compiled a list of positive trends that are helping to drive demand for short-term rentals in Manhattan: First, there are more and more ways to monetize your location on Airbnb. The service has expanded from a niche vacation rental platform into an all-in-one platform that helps you find hosts, plan your trip and manage bookings. If you aren't creating your own short-term rental profile, you're missing out.

RedAwning takes the guess-work out of Manhattan property management, and we work with you to ensure your Manhattan short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.