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Updated almost 6 years ago on . Most recent reply

User Stats

99
Posts
63
Votes
Nathan Faucett
  • Rental Property Investor
  • Greensboro, NC
63
Votes |
99
Posts

Short Term Rental Amenities

Nathan Faucett
  • Rental Property Investor
  • Greensboro, NC
Posted

Hello All!

My wife and I are in the process of closing on a 4 bed/3 bath, 2700 sq ft home with a walk out basement in Greensboro, NC. While we hope to grow into all this space one day, currently our small family of 3 has no use for all of this space.

Luckily we (or should I say "I") have a hankering to get into real estate investing, so we are thinking about using the basement as a short term rental.

The basement:

  • 1200 sq ft
  • 2 Beds
    • 12'x11'
    • 11'x8.5
  • Full Bathroom
  • Large living area
  • Stinky Carpets that need to be removed
  • Acoustic tile ceilings that have been painted black
  • No Kitchen area (appliances or countertops
  • sliding glass door entrance
    • No apparent path from parking area

What can we do to make this space great and really appealing for short term renters? Do you have recommendations on flooring, ceiling, bed layout, kitchen appliances, desks, entrance, or anything else that we could use to make the short term rental stellar?

Are there any resources that you would recommend for developing a space like this?

Thanks in advance!

Nathan

  • Nathan Faucett
  • Most Popular Reply

    User Stats

    470
    Posts
    348
    Votes
    Eric P.
    • New York City, NY
    348
    Votes |
    470
    Posts
    Eric P.
    • New York City, NY
    Replied
    Originally posted by @Nathan Faucett:

    Hello All!

    My wife and I are in the process of closing on a 4 bed/3 bath, 2700 sq ft home with a walk out basement in Greensboro, NC. While we hope to grow into all this space one day, currently our small family of 3 has no use for all of this space.

    Luckily we (or should I say "I") have a hankering to get into real estate investing, so we are thinking about using the basement as a short term rental.

    The basement:

    • 1200 sq ft
    • 2 Beds
      • 12'x11'
      • 11'x8.5
    • Full Bathroom
    • Large living area
    • Stinky Carpets that need to be removed
    • Acoustic tile ceilings that have been painted black
    • No Kitchen area (appliances or countertops
    • sliding glass door entrance
      • No apparent path from parking area

    What can we do to make this space great and really appealing for short term renters? Do you have recommendations on flooring, ceiling, bed layout, kitchen appliances, desks, entrance, or anything else that we could use to make the short term rental stellar?

    Are there any resources that you would recommend for developing a space like this?

    Thanks in advance!

    Nathan

     Congrats Nathan! I have your #1 recommendation: go on Airbnb & VRBO - look at other highly-rated properties in your area (or even in other areas) to see what’s working well. Then copy it!

    STR is all about hospitality & attention to detail. But it isn't rocket science. Pretty much guaranteed you will find inspiration from other people's listings

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