What is Property Rental?
A Property Rental means a property from which the owner receives payment from the renters as known as tenants, in return for occupying or using the Space. Property Rental Script may be either residential or commercial. The owner of the rental property may suppose to take certain tax deductions like interests.
- Car Rental
- Bike Rental
- Home Rental
- Construction Tools Rental
- Vacation Rental
- Boat Rental
- Sports Goods Rental
- Furniture Rental
- Hotel Rental and etc.
How Property Rental script works
Migrateshop provides Custome Airbnb Clone for both android & iOS apps for rental software as per your business requirement. Our Property Rental Software application will let the person book properties easily and the owner can maintain their property rental very efficiently.
Here are Property Rental Script works based on the three roles such as,
Here is the explanation of how the Buy2Rental Property Rental Software works,
Guests and Host can log in over their social media accounts. Once the host successfully registered on the platform. The Host can list their properties with the details such as home type, room type, and place likewise.
If the guest likes the special host’s property, they can give the booking request to the relevant host. Once the request is sent it will be set on the waiting list for the host’s approval.
If the host is satisfied with the guest’s request, then they will accept the request based on the check-in and check-out. After the Guest starts their immediate booking. Payment activities happen at the end of the booking with the help of the admin panel. At the end of the rental, the guest can give a rating and review the host and the property.
Once all the above process is completed, the admin act as an intermediate and deduct the admin commission, and rest of the amount will be transferred to the host. We are having another option like a cancellation policy. Based on that cancellation policy, the amount will be transferred to the guest and host from the admin. And additionally, you will get the advanced features while getting your rental marketplace business website with our Buy2rental script. Here you can click here: https://migrateshop.com/airbnb-clone/#features to read those features and benefits which belong to our Airbnb clone script :
Steps to be followed to get profit by renting out your Properties
- Make a Financial Plan
- Make a Rental Plan for Your Property
- Set a Rental Rate
- Have a Property Management Plan
- Study about Rental Business Law
- Set your Terms and Conditions
- Create a Marketing Plan
- Prepare Document your rental property