Stay Here is a popular home renovation and design show on Netflix that follows expert designer Genevieve Gorder and real estate guru Peter Lorimer as they help property owners transform their short-term rental spaces into lucrative businesses. One of the most common questions viewers have about the show is: Who pays for the renovation on Stay Here?
Who Pays for the Renovation on Stay Here?
**The property owners themselves are responsible for covering the cost of the renovations on Stay Here.**
This may come as a surprise to some viewers, as many renovation shows on TV often provide funding for the renovations. However, on Stay Here, the property owners are required to invest their own money into upgrading their rental properties in order to increase their potential for success.
Related FAQs:
1. Are the renovations on Stay Here purely cosmetic, or do they include structural changes?
The renovations on Stay Here typically focus on cosmetic updates, such as paint, furnishings, and decor. Any structural changes would likely be the responsibility of the property owners.
2. Can property owners choose not to participate in the renovations on Stay Here?
While it is ultimately up to the property owners to decide whether or not they want to go through with the renovations, participating in the makeover process is a key component of the show and can greatly benefit the success of their rental property.
3. How are the budgets determined for the renovations on Stay Here?
The budgets for the renovations on Stay Here are typically based on the needs of the property as well as the potential return on investment. Genevieve and Peter work closely with the property owners to establish a budget that is realistic and achievable.
4. Do property owners have any say in the design choices for the renovations on Stay Here?
Yes, property owners are encouraged to collaborate with Genevieve and Peter on the design choices for their rental properties. This ensures that the final look and feel of the space aligns with the owner’s vision and preferences.
5. Are there any instances where the show provides financial assistance for the renovations on Stay Here?
While the property owners are responsible for covering the costs of the renovations, there may be instances where the show offers additional resources, such as connections to vendors, discounts on furnishings, or other forms of support to help offset some of the costs.
6. How long does the renovation process typically take on Stay Here?
The renovation process on Stay Here varies depending on the scope of work needed for each property. Some renovations may be completed in as little as a week, while others may take longer to finish.
7. Are the renovations on Stay Here guaranteed to increase the rental property’s value?
While the renovations on Stay Here are aimed at increasing the rental property’s appeal and potential for success, there is no guarantee that they will automatically boost the property’s overall value. Factors such as location, market demand, and competition also play a role in determining a property’s value.
8. Do property owners have to adhere to certain guidelines or rules when it comes to the renovations on Stay Here?
Property owners are encouraged to be open-minded and willing to try new ideas when it comes to the renovations on Stay Here. Genevieve and Peter provide guidance and expertise to help owners make informed decisions that will benefit their rental properties.
9. Are property owners compensated in any way for participating in the renovations on Stay Here?
While property owners are responsible for covering the costs of the renovations, they may receive other benefits from being featured on the show, such as increased exposure for their rental property and potential for higher rental income in the future.
10. Can property owners keep the furnishings and decor provided during the renovations on Stay Here?
Yes, property owners are typically allowed to keep the furnishings and decor provided during the renovations on Stay Here. These items are intended to enhance the rental property’s appeal and can be enjoyed by guests for years to come.
11. Are there any instances where the property owners decide not to go through with the renovations on Stay Here?
While it is rare for property owners to pull out of the renovation process once filming has begun, there may be instances where unforeseen circumstances arise that prevent them from completing the renovations. In such cases, Genevieve and Peter work with the owners to find alternative solutions.
12. Have any of the rental properties featured on Stay Here experienced significant success after the renovations?
Many of the rental properties featured on Stay Here have reported increased bookings, positive guest reviews, and higher rental income following the renovations. The show’s transformational process has proven to be a valuable investment for property owners looking to enhance their rental businesses.