The 2012 Olympic Games in London will run from 27 July to 12 August 2012 and will be the third time that London has hosted the Olympics, the previous times being in 1908 and 1948.

Millions of visitors are expected, certainly more people than there are hotel rooms, so private home owners will be filling a huge demand for renting houses, flats, apartments and rooms during the 2012 Olympic Games in London.

Websites can make it easier by providing a place for Londoners to advertise their property for rent during the 2012 Olympic Games in London.

So, what areas of London are best for people looking to make money from the 2012 Olympic Games in London?

Check the list of London Olympic venues on Wikipedia and see how far you are from an Olympic venue. You may be surprised how close you are to an event.

In addition, towns with good rail links to East London such as Brentwood, Ilford, Chelmsford, Hertford or Romford would be ideal as they offer visitors a taste of England outside the bustle of the capital.

If you are looking to rent out your property and make some extra money from the 2012 Olympic Games in London, you need to make sure you are happy with the person who is renting your home.

You should go with your gut instinct and if you are not happy with any aspect of the discussions, then pull out.

Do as many checks as you can, including Google and Facebook searches. It is also wise to check the headers of any emails to make sure they are coming from where they claim.

The main thing to bear in mind is that if it sounds too good to be true, then it is.

Consider short term rental insurance

Decide which appliances you will leave in the house before renting it out. While you’re not required to provide your tenants with a refrigerator or washer and dryer, you are required to maintain any appliances you leave on the property for tenant use. Renting your house complete with appliances may help you earn a better income from rent.

Apply a fresh coat of paint to make your house more appealing to tenants. Few things do more to improve the look of a house as inexpensively as a fresh coat of paint.

Install working smoke alarms on every floor of your house and take the initiative to protect your investment and your tenants.