Short-term Rentals and Mardi Gras – A Match Made in Heaven
Mardi Gras is one of the most exciting times to be in New Orleans. Celebrating Mardi Gras as a local is a unique and special experience. And with so many tourists and visitors arriving in town, it’s also a perfect time to make some money with a rental property.
Last year there were thousands of short-term listings in New Orleans alone with the average rental making over $3,500 a month. Based on info from the site Airbtics, a 2-bedroom apartment in New Orleans can make up to $77k a year. It was an impressive accomplishment – one that is sure to leave a lasting impression.
When setting up your property for use by a service like Airbnb or VRBO, where do you begin with your security? The primary goals should be to make sure everyone who stays in your rental feels safe and that your property is protected.
Video Doorbells and Smart Locks
A smart video doorbell is one of the most important components of any rental property’s security system. It can provide renters with easy access to the unit but also give the owner vital information, like when your tenants arrive, if they are who they say they are, and also when they vacate. With a smart lock, each renter can be given a unique entry code that can be canceled after the duration of their stay. And cleaning and maintenance staff can also have their own distinct codes.
Another important piece of your rental property security can be a video surveillance system. Exterior cameras can allow you to watch your property even if you are hundreds – or even thousands of miles away. Note: It’s important to never have security cameras inside the rental unit and to make sure you disclose all cameras in the listing.
What security and safety measures you’ll need depends on the individual property. Some extra security measures to consider are:
- Smoke and carbon monoxide detectors – The presence of smoke and carbon monoxide detectors will make you and your guests feel safer.
- Noise detectors – If noise is a concern for your unit, then noise detectors can be installed as part of a security system. These will allow you to be warned if there is a disturbance and intervene before neighbors (or even law enforcement) are involved.
- Motion detectors – If parts of your property are off limits, a motion sensor will let you know if anyone strays where they are not allowed.
- Smart thermostat – Take advantage of cost-saving measures while ensuring everyone remains comfortable. Make sure that your guests are comfortable by adjusting the thermostat to their desired temperature – be it heat or air conditioning. Instead of paying to heat and cool an unused unit, activate the appliance only when necessary.
A vacation rental or rental property is a fantastic way to earn some extra income. And the New Orleans area at Mardi Gras season is a perfect time to make even more with demand for places to stay in the area at its peak. Just set everything up, follow your rental service policies and local laws, then sit back, and watch the money roll in.
Protect your income property and give yourself peace of mind with a smart security system installed by ABC Fire and Burglar Alarm. If you’re interested in installing a local security system in your short-term rental for property management with 24/7 monitoring, contact us today to schedule a free consultation.
Contact ABC Fire & Burglar Alarm at 504-889-9795