If you own property of any kind or have a spare room in your apartment, one of the best ways to profit from it is through renting. And one of the most lucrative groups of tenants you can find are digital nomads. But what changes do you need to make your property attractive to them? Here are some tips to help you out.
Equipment
One of the best ways to ensure your apartment catches the eyes of digital nomads is by having the right equipment. Firstly, you need to make sure your apartment has a work table. Many nomads are used to working from home, and they need a comfortable and functional workspace. This means a large enough table, a comfortable and positionable chair, easy access to electric sockets (best with international sockets) and a table lamp. You can also offer office supplies or even a printer with a scanner - you never know what might come in handy.
A good workspace in your apartment is a key feature that many digital nomads will actively look for.
Another necessity you mustn't forgo is a strong internet connection. You should have a solid and stable WiFi connection in your apartment (one that's able to hold video calls and does not randomly disconnect). And if you want to go above and beyond, make sure you also include the possibility of a cable connection. The internet is the lifeline of many digital nomads, so making your rental as internet friendly as possible is the best way never to have a vacancy.
Flexibility
Digital nomads come and go, making them well-paying though far from stable tenants. One of the things you need to do is to be flexible. No digital nomad will stay in your apartment for longer than a few months, and after that, they'll be itching to move on, so you need to be open to that from the start.
But there's more you can do. Flexibility also means being quick to respond to tenants, responding to emergencies, and being outgoing when settling them in. Since digital nomads are quick to leave, they will want to move in just as quickly to waste no time. If you accommodate them, the positive reviews will come flooding in no time.
Marketing
No amount of equipment or flexibility will fill up your rental if no one knows about it. Luckily, these days you can rely on many sites to help you promote your rental. Firstly, you want to be in areas where digital nomads are. This often means Facebook groups for ex-pats and foreigners. Sometimes, you can even find digital nomads groups specifically for your town.
Another great way to ensure your apartment is seen is by putting it on larger websites that offer many listings like your own.
You can try sites like VRBO or Plum Guide or go for something more secure and user friendly like Flatio.
Lastly, make sure the listing itself has plenty of good looking photos of your rental, that its description is easy to follow grammatically correct, and that it lists all the positive and negative features of your rental. No customer is as happy as a well informed one.