Many Mexico vacation rental owners don’t realize that they can make extra income from their properties by offering services and amenities that many other Mexico vacation rentals do not offer.
The first step in making this happen is being aware of what services are available in your immediate area or in traveling distance for your guests.
One of the best ways to make money with your vacation rentals is to offer services that are within walking distance of your property, but not necessarily at their doorstep. Examples include tours of local museums or restaurants and private beach club memberships during their stay.
1. Airport pickup
Setting up an airport pickup is a great way to provide a service that will make your guests feel right at home. It’s more personal than a cab, but cheaper than renting a car. Plus, the driver can give them the local scoop and recommend activities you can plan for them while they’re here.
The best thing about this extra income is that it’s also an efficient use of time—you can do it all online and have everything you need ready before they even arrive! Here are some tips to get you started:
Price check and advertise. Don’t charge more than other airport pickups in the area—research what other companies or resorts offer so you don’t scare anyone away from booking with you. Advertise this service on your website and social media platforms so potential clients are aware of their alternate transportation options before they come to Mexico.
2. Grocery shopping service
If you have a car and don’t mind running errands in your free time, consider offering a grocery shopping service to guests staying at your vacation home. For a fee, you can pick up groceries for guests who are arriving too late to shop or who don’t want to bother with it themselves. The cost of the food plus your labor fee per trip is all you need to charge (plus any tips). This service can be offered online in advance or while they’re there in person.
3. Private chefs
Treat your renters to the ultimate in convenience: a private chef. You can find chefs on Airbnb Experiences or work with local chefs who provide this service. They’ll meet guests at the property and prepare dishes using the villa’s kitchen, making the experience feel more intimate. Chefs are typically flexible, so they can prepare food in advance if you’re going to be away when your renters arrive. Or, they can cook up a meal right before your guests’ eyes!
Chefs typically offer packages that vary by the number of people and servings desired. They’ll bring all the necessary ingredients and equipment so there’s no need to lift a finger—all you have to do is pay them and enjoy their delicious fare!
4. Housekeeping services
Housekeeping services are another way to make money by offering a service your guests are likely to be interested in. Most people don’t want to clean their vacation rental themselves, so offering to housekeep can help you make more money and keep your property in good condition for future renters. Plus, this is one step towards having a good reputation as a landlord.
5. Rent out bicycles, paddleboards or other equipment that make good use of your locale.
Another way to make some extra income is to rent out various sporting equipment for guests to use. Since most vacation rentals are in a specific location, you can offer rental services for equipment that makes good use of that locale. For example, if your rental is in Mexico and near a beach, you could offer paddleboards or snorkeling equipment. Renting out these supplies is a great way to get extra money from your rental property, especially since the equipment will be used and enjoyed by the guest(s)!
When renting out your equipment, make sure you set reasonable rates that won’t cut too much into your potential profits. Keep in mind factors like inflation when calculating how much money you will charge. You should also include your costs such as cleaning fees and fuel costs into this equation so that you can earn as much profit as possible!
It’s also important to consider how often the items are used before setting prices—if they aren’t used very often then perhaps hourly rates would work best but if they were used frequently then weekly rates would be more appropriate!
6. Laundry service
Laundry is one of those things that almost everyone hates doing, and on vacation it’s the last thing anyone wants to mess with. Wash-and-fold services are in high demand, and you can charge per load or per hour or by weight. If your property has a washer/dryer you can offer this service to your guests; if not, don’t worry! You can also do laundry for other vacation rental homes as well.
7. Tours to local attractions.
The majority of people who visit Mexico are interested in activities outside of their Airbnb. You can help fill this gap by offering information about nearby beaches, shopping areas and restaurants. Additionally, if you want to make a bit more money, you can offer tours yourself or serve as a go-between for other businesses that offer tours. This will require some startup investment and time on your part, but once it is set up it could bring in an extra income stream. If you offer tours yourself, you will need to purchase tour packages ahead of time at a wholesale price and then mark them up appropriately for your guests. Alternatively, if you simply refer guests to local businesses they will pay you commission on the sale of their services.
You can earn extra income by offering a variety of services to renters.
You can earn extra income by offering a variety of services to renters. Local vacation rentals are more in demand than ever, and you can increase your profit margin while providing amenities that matter most to your renters.
Related articles:
How To Make Maximum Profit On Your Mexico Vacation Rental Property
