Renting out a Paying Guest Accommodation

Tips for the owners to run flawless PG accommodation centers!

What is a Paying Guest Accommodation?

Paying guest accommodation is a house fully furnished and owned by a person but is also used by another person for a temporary period by paying the ‘x’ amount.

Fastest way to Earn Cash

The rental for a PG accommodation is being put on per person basis. The average rental starts from no less than Rs.5000. PG accommodations in cities like Delhi, Mumbai and Bangalore have rentals than double of this amount and even higher.

Challenge – Maintaining a PG

can be challenging for owners.

Tip: Be very stringent with the rules & restrictions at your PG from day one. If you do this, you are half way

there.

Checklist to Follow

Make sure you have enough space and facility to offer to your paying guests.

The PG accommodation should be at a good location with easy accessibility to basic facilities like hospitals, schools, colleges, bus or railway stations, market etc.

Make sure you have the legal license or society permission (on papers) to run the PG accommodation.

Checklist to Follow

Keep a record along with valid identity proofs for current and previous tenants.

Arrange proper staff to help you managing the tasks easily like cleaning, cooking, security and finding the tenants.

Make sure all the rooms are hygienic and food is of good quality for the paying guests.

Things to Take Care

Providing additional facilities like TV, washing machine or internet connection will make your PG a

preferred choice among tenants.

All the rules and restrictions should be written on legal papers and should be visible to all tenants.

Discuss all the rules in detail with your tenants before renting out the accommodation to them. They should agree and sign these rules.

Keep the prices genuine and nominal as there might be a lot of people out there providing the same facility at a very competitive price.

Make sure to expel the paying guest if he or she is creating a nuisance and disturbing the peaceful environment of your Paying Guest accommodation center.

Always maintain a good relationship with your tenant. Listen to their complaints / problems peacefully and immediately act upon them.

Last but not least…

Make your PG accommodation feel like home. Keep it lively and joyful always!

If you are also looking for PG accommodations then you may find a list of the best ones at property.sulekha.com/rentals.

Thank You!