If you want to rent a home on Airbnb, HomeAway, Tripping, HomeToGo or other, you will need to prepare your apartment and take various steps. There are agencies that take care of the complete management of your rental for a commission. So if you do not want to spend too much time on it, that might be a solution to consider.
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Check With Your Borough If Airbnb Rental is Allowed and Obtain a Permit
Each borough has its own regulations regarding the rental of a tourist residence. Some boroughs permit short-term tourism rentals in certain areas only.
To operate a rental accommodation for tourism, you must obtain a permit from the city. This permit is called the Certificate of Commercial Occupation and is mandatory for each enterprise operating in the Borough.
Inquire at the Ministry of Tourism and Revenu Québec and Revenue Canada
In some cases, you may need to obtain a classification certificate from the Quebec Ministry of Tourism and tax account numbers to collect GST and QST on your rental income.
Contact Your Insurance Company
It is important to check with your insurance company to find out what your home insurance policy includes and if you are covered in the event of a loss caused by a paying guest staying at your home. Some insurance companies offer specific products for rental companies.
Prepare Your Home For Rent on Airbnb
Once the decision is made to rent a flat on a platform, you will have to prepare your home. This step can be quite long and requires a lot of effort both financially and time commitment. Here is a non-exhaustive list of things to expect to have a popular housing on a short-term rental platform:
- Linens (bath towels, tea towels, sheets, etc.)
- Vast storage
- Completed decorations and design
- WiFi internet connectivity
- Simple appliances to use
- Professional photos of your apartment
- Announcement highlighting your apartment
- Small attentions for your guests
Fix the Problem of Handing Over the Keys
Since the beginning of 2019, the City of Montreal has decided to remove key boxes used to transmit keys to an Airbnb host. The City of Montreal systematically removes the boxes installed on public domain such as on posts of parking terminals or bike racks.
There are smart locks like the Schlage Sense Smart Deadbolt with Century Trim in Satin Nickel (BE479 CEN 619) that are connected to the Internet via WiFi in which guests can open and close using a code you send them.
Recruit a Cleaning Service to Clean the Apartment Between Two Rentals
Between each rental, you will have to clean or have cleaning done to prepare the apartment for the next visitors. Airbnb allows you to charge a cleaning fee so it is quite possible to use a provider to do so. In Montreal, there are various companies that specialize in cleaning for Airbnb rentals.
Find Professionals for Emergencies (clogged toilets, washing machine down, etc.)
Once your hosts arrive safely and comfortably, your worst case scenario will be that they contact you to inform you that the toilets are overflowing, the fridge is no longer working or that the air conditioner has just let go. You will then need to quickly find a competent and readily available professional to remedy the situation.
HelpMee allows you to find, in less than two minutes, a plumber, an electrician or a repair technician who will intervene 24/7 and allow your guests to enjoy their stay and leave you a great rating!
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