The birth of the ‘sharing economy’ in Buy-To-Let has led to new ways for residential landlords to maximise their return on investment. The ongoing rise of the internet has led to numerous platforms for people to advertise their spare room to visitors coming to Edinburgh. It has blurred the lines between hotel stays and staying in someone’s home. It has opened up an opportunity for residential landlords to continue to earn from their assets in void periods.
If you are a landlord with a property, typically left void for any period of time each year – as is often the case with larger HMO properties, most often occupied by students – then this could be the perfect solution to ensure you maximise your return on investment and don’t leave an empty property costing money, when it could be earning its keep.