Elyse, who is from New Zealand, often travels to Australia for work. She has a property in Sydney and wants to make it more useful for her needs. Elyse was inspired by the idea of holiday homes and decided that she would like to stay in her Sydney property when she visits. When she's not in town, she wants to rent it out to others for short stays. Previously, her property was rented out long-term, which meant she couldn’t stay there whenever she was in Sydney.
Elyse used to rent out her property for long periods, which meant she couldn’t stay there when she wanted to visit. She was looking for a more flexible option that would allow her to enjoy her time there while still being able to rent it out when she wasn’t using it.
Before KozyGuru became involved, Elyse's property was stuck in long-term rental agreements. Once we stepped in, we made the property ready for short-term rentals, like Airbnb, which allowed Elyse to earn more money while still having the option to stay there when she wanted. Now, her property enjoys an impressive 86% occupancy rate, and her weekly income increased from $460 for long-term renters to $580 for short-term guests. This change not only gave her better earnings but also provided the flexibility she needed.
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