A company’s values play an important role in team productivity, team morale, overall direction and performance. Values should not be tied to any specific goal but instead emanate from leadership [...]
One of the benefits of being in the short-term rental business is that you can run your operation as one man or one woman show. Aside from cleaners, you can run your business with virtually no [...]
Listing setup may be the most challenging and fulfilling task for your short-term rental business. There is a precise level of detail of which to pay attention, from the pots and pans to the [...]
Short-term rentals (STR) currently exist and have existed in the realm of multi-family real estate, although overwhelmingly within the world of rental arbitrage. Rental arbitrage is simply an STR [...]
When purchasing a single family or multi family real estate investment based on pro-forma calculations for either short-term rental (STR) or long-term rental (LTR) use, the purchaser must always [...]
There are many struggling hotels in the post covid-19 economy. While short-term rentals have flourished in recent months, hotels have been beaten badly and many hotels are lucky to achieve 20% [...]
Undoubtedly, guest experience is the most prized metric of the short-term rental game. Guest experience correlates directly with reviews, the better the guest experience the better the review. [...]
Listing management is an essential part of your short-term rental (STR) business. Listing management has two different components, we refer to them as physical listing management and digital [...]
Let’s paint a scenario, you have acquired a 5 year old single family house for rental income, it’s currently in good condition and vacant. Your options are short-term rental(STR) vs. [...]
People Process Price There are three main components in running a successful STR business; people, process and price. All three components are equally important and interdependent, one cannot [...]