Short Term Rental Riches

Short-term rental rules are tightening fast and ignoring them can cost you big. This episode reveals 7 critical steps to ensure your Airbnb or vacation rental stays on the right side of the law. Whether you manage one unit or dozens, avoiding fines and keeping your STR compliant starts here. Learn why zoning changes could cost you your STR rights overnight  Discover all the layers of STR rules: city, county, HOA, and more Get smarter about permits, licenses, and ongoing inspections Hear a real-life example of a property that got shut down  Find out how to set alerts and backup plans to protect your rental income Staying compliant isn't just about avoiding fines, but rather protecting your investment. Hit play to ensure your property doesn't get blindsided by new rules. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

What do 10 million new Airbnb guests mean for your STR? A lot, especially if you're unknowingly filtering them out. In this episode, we unpack why welcoming first-time guests isn't a risk, it's a missed opportunity if you're not prepared. Learn how to vet, host, and profit from new users with confidence. • Find out why so many top hosts are missing out on high-paying, first-time guests. • Learn the pros and cons of accepting new users and how to screen smartly. • Discover the red flags that matter (and which ones don't) when vetting first-time bookings. • See why big events like concerts and the Olympics bring a flood of new, profitable guests. • Get the exact tools, messages, and house rules we use to protect properties and boost loyalty. OUTRO Every experienced guest started as a first-time guest and some of your best future bookings will too. With the right systems, you don't just protect your property, you unlock more revenue and better reviews. Subscribe for more episodes like this, share with a fellow host, and grab the free house rules template in the show notes. Let's grow your business, one great guest at a time. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

How could rising tariffs at the Canadian and Mexican borders possibly affect your Airbnb? Turns out, quite a lot. In this episode, we break down how new 25% tariffs could increase your renovation and furnishing costs—and what you can do to prepare for a tighter margin environment. • Discover how new tariffs can increase your construction and renovation costs by 10% or more. • Learn why your furniture and appliance budget needs to grow—and how to plan for it. • Understand how these price hikes impact international travel, guest spending, and your occupancy. • Get actionable tips on using dynamic pricing tools like PriceLabs and AirDNA to stay competitive. • Find out how to prep for longer lead times, inventory issues, and future-proof your STR investments. Tariffs may sound like far-off policy shifts, but they're already working their way into your operating budget. Stay informed, adjust your strategies, and protect your margins by staying ahead of these shifts. Don't forget to subscribe, share the episode, and tap into the resources below. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

How do you build a short-term rental business when you have kids, a full-time job, and almost no time? In this episode, we break down a real story. I interview Lydia and unpack her journey, the systems she uses, and the lessons she wishes every host knew from the beginning. Discover the lessons every host should hear before starting. How Lydia scaled from backyard host to full-time STR owner in Florida Choosing the right market remotely and why it matters Tools Lydia uses to stay organized: ClickUp, Asana, Structured App Finding a reliable local assistant on Upwork How she keeps operations smooth—even during travel This episode is proof that a stress-free, family-friendly STR business is possible, even across state lines. If Lydia can do it with kids, a full-time job, and limited time, so can you. Tune in, get inspired, and take that next step toward building your dream short-term rental setup. You're not going to want to miss this one.

Think long-term tenants cause less damage than short-term guests? Think again. In this episode, we dive into surprising data from Tim's personal portfolio showing how short-term rentals can actually reduce your maintenance costs. Discover the real numbers, real stories, and real savings that might change your rental strategy forever. Why long-term rentals may cost you more in the long run—especially after tenant turnover Real-world maintenance savings Tim uncovered over 10+ years of STR operations How frequent cleanings and guest stays actually help preserve your property The secret power of proactive maintenance in short-term rental success What landlords often overlook when calculating true maintenance costs Short-term rentals aren't just higher income—they can actually be lower maintenance, too. If you've only considered LTRs for their “ease,” this episode may shift your thinking. Want to keep learning? Don't forget to subscribe, share this with a fellow investor, and check out our helpful resources below. Resource Links Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

What happens if a guest damages your short-term rental and they booked through Booking.com? Good news: they now offer host protection. But it's not as great as it sounds... In this episode, we break down the truth behind Booking.com's new damage policy, what's covered, and why you still might want to stick with deposits. 5 Key Takeaways: • The Damage Policy Breakdown: Booking.com now offers a host damage protection program, but it's filled with fine print and limitations. • Deposits vs. Damage Program: Learn why collecting a deposit might offer stronger protection than relying on Booking.com's mediation process. • The Shocking Fine Print: Discover what's not covered—like extra cleaning, pet damage, smoking, or even rule violations. • How to Set It Up (Step-by-Step): A walkthrough on how to activate the damage policy within the Booking.com extranet settings. • Our Recommendation After 50,000 Guests: Hear why Tim and his expert team still favor deposits and what evidence you can't use in a damage claim. This episode is a must-listen for any host using, or considering, Booking.com. Knowing how to protect your rental can save you thousands and major headaches.  Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Your reviews don't just reflect guest experiences—they create them. In this essential episode, we're breaking down how guest expectations (shaped by prior reviews) can make or break your reputation. Discover the psychology behind reviews, how many you need for protection, and actionable ways to build your "safety net."  Key Takeaways: Why guest reviews are shaped more by expectations than just the actual stay How negative reviews influence new guests to look for flaws  The critical "40 review" milestone where bad reviews hurt less  How clean communication can buffer against mistakes and save reviews  The importance of consistency and exceeding expectations to maintain stellar ratings Your reviews are doing more than you think—they're marketing for you. Stay sharp and proactive to avoid the downward spiral of negative feedback. Tune in to learn exactly how many reviews you need to create a safety net and ensure your short-term rental thrives. Don't forget to subscribe, share, and tap into our free resources below. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Want to unlock up to 30% more revenue from your short-term rental or boutique hotel? This week, we're diving into the powerful concept of "stacking wins" — small optimizations that, when combined, lead to massive growth. Tune in to learn the simple steps you can take today to maximize earnings and future-proof your property. 5 Key Takeaways: Why optimizing your listing photos, descriptions, and titles is the first big win for better bookings. How multi-channel distribution not only boosts revenue but shields you from platform changes. The importance of dynamic pricing — and why flat rates are costing you thousands. Why fast, stellar guest communication can make or break your entire business. How stacking these strategies leads to compounding results, pushing you into the top revenue percentiles. Stacking wins isn't about chasing hacks — it's about strategically refining your operations for real, lasting success. Apply these optimizations or let our expert team do the heavy lifting for you. Subscribe, share, and connect with us to make the most of your property's potential! Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

We've talked about Booking.com before, but in 2025, it's more important than ever to take it seriously as a revenue-driving channel for your short-term rental. In this episode, we're diving deep into why Booking.com deserves a place in your strategy this year—and how to set it up for success. Whether you're brand new to the platform or you've tried it before and tapped out, we're covering everything you need to know: Why Booking.com is a gold mine (especially for international and business travelers) Step-by-step walkthrough on setting up your property Key differences from Airbnb and VRBO How to handle payments (including new features like Payments by Booking) 2025 updates to know—AI tools, damage protection, visibility boosters, and more Mistakes to avoid and tips to boost visibility and guest quality Plus, why your photos, cancellation policy, and guest screening process really matter If you're only on Airbnb or VRBO, you're leaving money on the table. This episode gives you the tools to change that. Looking for hands-off help? Visit striches.com and see how our team can manage your property for you. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Think your dynamic pricing tool is doing all the heavy lifting? Think again. In this episode, we expose five major flaws that could be silently draining your rental revenue. With insights from managing properties in 20+ cities worldwide, Tim breaks down why pricing automation isn't truly “set it and forget it”—and what to do instead. Get ready to plug the leaks and boost your bottom line. • Discover the #1 reason pricing tools misfire—and why their data isn't as accurate as you think • Learn why “one price fits all” fails across platforms like Airbnb, VRBO, and Booking.com • Find out how rural locations or unique properties throw off automated pricing strategies • See why top-performing listings get underpriced without proper manual adjustments • Understand how hidden fees and discounts distort true pricing across platforms Don't let lazy pricing leave money on the table. These 5 insights could make all the difference in maximizing your short-term rental income. Hit play to learn how to outsmart the algorithm and stay ahead of the curve. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Struggling to fill your calendar for the summer season? This episode breaks down 7 essential steps to refresh your short-term rental listing, outshine the competition, and ensure your property is booked solid. Discover the tweaks and tools you need now to capture attention and secure high-value guests. Don't wait—peak season is just around the corner. Why refreshing your listing and completing every OTA section could skyrocket your visibility The #1 way to understand why guests aren't booking—straight from your listing insights How to position your summer-friendly amenities to beat out local competition Why knowing your booking window can make or break your pricing strategy Pro tips to elevate your guest experience with a digital guidebook that earns 5-star review This episode is packed with actionable tips to help you stay ahead in a crowded summer rental market. Want to keep those bookings rolling in? Then don't miss this one Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

The short-term rental market has evolved, and unique properties are leading the way! This week, Tim Hubbard welcomes back Dave Zook of Zook Cabins to discuss how modular cabins are reshaping STR investments. Discover why smaller, high-quality units can generate massive returns and how turnkey solutions simplify the process for investors. What You'll Learn in This Episode: Why modular cabins outperform traditional STR properties How investors can test the waters with a single unit before scaling The surprising ROI of compact, high-quality park model homes The benefits of tax-friendly depreciation for modular properties How off-grid solutions and Starlink are making remote rentals easier than ever Why Listen? If you're looking for a high-return, low-hassle way to expand your short-term rental portfolio, this episode is packed with actionable insights. Learn how Zook Cabins simplifies STR investing with modular solutions that maximize profits while minimizing operational headaches. Tune in now! Resource Links:Check out Zook Cabins here: https://www.strriches.com/cabin/ Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your FREE management eBook: https://strriches.com/#tools-resources Looking to EARN MORE with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Are you a short-term rental host with stellar reviews? If so, you might be sitting on a goldmine! In this episode, we break down how a perfect 5-star rating can significantly boost your pricing power. Using real data from cities like Palm Springs, Las Vegas, and Paris, we explore how top-rated listings perform and what pricing strategies you can implement to maximize your revenue. What You'll Learn: How review scores impact your booking rates and pricing potential The percentage of listings with perfect reviews in major STR markets How to use dynamic pricing tools like PriceLabs for premium pricing Why monitoring booking windows is crucial for revenue growth The best setting to automate and optimize your STR pricing strategy Having an exceptional review score isn't just about bragging rights—it directly affects your revenue! This episode dives deep into how to position your property for premium pricing, boost occupancy, and take advantage of automated pricing strategies. Tune in to discover how you can make the most of your hard-earned 5-star status and increase your short-term rental income. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Pricing your short-term rental is no easy task—but with the right tools, you can maximize revenue and occupancy. In this episode, Tim welcomes Anurag Verma, co-founder of PriceLabs, to discuss how dynamic pricing has evolved, why data-driven decisions matter, and how hosts can optimize their strategies in an increasingly competitive market. In This Episode, You'll Learn: How PriceLabs grew from a beta tool to managing 450,000 properties worldwide Why pricing flexibility leads to higher earnings The most underutilized feature in PriceLabs that hosts should be using How AI and automation are shaping the future of dynamic pricing Actionable tips for setting the perfect base price and fine-tuning your strategy Why Listen? Whether you're a new host or an experienced property manager, this episode is packed with insights to help you optimize pricing, increase bookings, and stay ahead of market trends. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/ Relevant Tags: #DynamicPricing #PriceLabs #AirbnbOptimization #ShortTermRentals #RevenueManagement #VacationRentalSuccess #STRInvesting #HospitalityTech #RealEstateTools

Property management is evolving, and virtual management is leading the way. In this episode, Tim welcomes Justin Winfield, a real estate veteran and co-founder of Corzly Inc, to discuss why the traditional model is broken—and what the future holds for property owners. Justin shares his global real estate journey, from China to Vancouver to Colombia, and why he believes technology-driven management is the key to maximizing revenue while reducing headaches. In This Episode, You'll Learn: Why traditional property management is outdated and inefficient How virtual management increases revenue and improves guest experience The key role of AI and technology in optimizing short-term rentals Why big property managers struggle with guest satisfaction and reviews How Corsley is reshaping the hospitality industry with a tech-first approach Why Listen? If you're managing a short-term rental, boutique hotel, or vacation property, you need to hear why virtual management is the future. Tim and Justin break down how you can boost revenue, save time, and deliver top-tier guest experiences—all without the headaches of traditional management. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/ Check out Justin's Hotel at https://nidoskyhotelmedellin.com/ (p.s.. we created the website for him and do for all of our partners as well)

The short-term rental market is evolving rapidly, and in this episode, we dive deep into the world of vacation rental management with Marcus Rader, CEO of HostAway. With over $365 million in recent funding and a $924 overall valuation, HostAway is leading the charge in property management automation and software integration. Marcus shares his journey in defining what makes a great PMS and how technology is reshaping guest experiences. The Evolution of PMS Software – How HostAway became a top vacation rental software. The Role of Technology in Rentals – From smart locks to AI-driven guest interactions. Why Direct Bookings Matter – The push towards independence from major OTAs. Midterm Rentals: The Next Big Thing? – How the market is shifting to accommodate longer stays. Scaling a Rental Business Successfully – Key insights for property managers and investors. Marcus also discusses how the short-term rental market is maturing and why now is an exciting time to get started. With competition growing, it's crucial to adopt the right tools, optimize guest experiences, and stay ahead of industry trends. Plus, Marcus shares a game-changing tip that could instantly improve your guest reviews. If you're looking for a property management solution, want to optimize your rental strategy, or just stay ahead of industry trends, be sure to follow along with Short-Term Rental Riches for more expert insights. Don't forget to grab our free property management guide at strriches.com to help maximize your rental income! Watch our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches   Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Housekeeping is one of the biggest contributors to short-term rental success. Yet, large property managers are consistently failing in this area, leading to bad reviews and lost revenue. In this episode, we look at national review averages from over 5,000 vacation rentals in the most popular areas and why they have averages from 4.02 to 4.62! Tim Hubbard discusses why property owners should consider hiring their own housekeepers to maintain higher standards and create better guest experiences. Housekeeping & Review Scores – Why cleanliness impacts guest ratings and revenue. Large Property Managers' Shortcomings – How inconsistent housekeeping teams hurt your rental business. The Benefits of Hiring Your Own Housekeeper – Improved consistency, attention to detail, and guest experience. How to Find Your Own Housekeepers – Tips for recruiting and setting cleaning standards. The Financial Impact of Cleanliness – How better reviews lead to higher nightly rates and more bookings. By the end of this episode, you'll understand why hiring your own housekeeper is one of the best investments you can make for your rental business. If you're looking for ways to optimize your rental strategy, be sure to follow Short-Term Rental Riches for more expert insights. Don't forget to grab our free property management guide at strriches.com to help maximize your rental income! Looking to earn more money with less headaches? Chat with the team that manages Tim's portfolio of 46 properties: https://strriches.com/management-services/

One of the biggest mistakes short-term rental (STR) owners make is assuming their STR manager is handling repairs in the most cost-effective way. The truth? Many property managers either mark up repair costs, delay small fixes until they become major problems, or use their own preferred vendors who charge higher rates. If you're not reviewing your Airbnb repair expenses, you could be losing thousands of dollars every year without realizing it. The key to running a profitable short-term rental isn't just about getting bookings—it's also about managing expenses. STR maintenance costs can add up quickly, but with the right approach, you can avoid unnecessary fees and keep your property in great shape. In this video, I'll share the top risks of letting your STR manager handle repairs unchecked and give you practical strategies to protect your rental income while keeping your guests happy. Let's get into it. In this episode, you'll learn: Overpriced Repairs – Many STR managers mark up maintenance costs or hire expensive contractors instead of getting competitive quotes. Unnecessary Fixes – You might be paying for repairs that aren't urgent or even needed at all. Always ask for before-and-after photos. Delayed Maintenance – Small issues, like a leaky faucet, can turn into costly repairs if ignored. Some managers don't prioritize timely fixes. Lack of Transparency – If you're not reviewing repair invoices, you could be paying hidden fees without realizing it. Limited Vendor Options – Many STR property managers use their own preferred vendors who charge higher-than-average rates, cutting into your profits. Letting your STR manager handle repairs might seem like the easiest option, but it can come at a cost—literally. If you're not actively monitoring repair expenses, you could be overpaying for Airbnb maintenance without even knowing it. The good news? A little oversight goes a long way. Always ask for itemized repair invoices, get multiple quotes for major fixes, and consider having a backup handyman you trust. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Hosting on Airbnb is an amazing way to make passive income, but it's not always smooth sailing. Most guests are great, but every now and then, you'll get a guest who leaves you completely speechless. Airbnb horror stories are rare, but when they happen, they're unforgettable. Recently, Brian Chesky, the CEO of Airbnb, shared a bizarre guest complaint—someone wanted a refund because a ghost was "harassing them." Funny enough, the Airbnb listing actually mentioned the ghost (his name was Stanley). But as wild as that sounds, I can tell you—we've dealt with way crazier things in our short-term rental properties. In this episode, I'm sharing some of our craziest Airbnb guest stories, from guests checking into the wrong unit to naked people in common areas—and even a dead raccoon hidden in the walls. Whether you're an Airbnb Superhost or just starting your STR business, these stories will give you a real look at what it's like behind the scenes. Plus, I'll share some Airbnb host tips to help you avoid your own guest nightmares. Let's get into it! In this episode, you'll learn: Airbnb CEO Brian Chesky's Ghost Story—We Have Our Own! A guest once requested a refund because a ghost was “harassing” them, even though they booked the listing because of the ghost. They left a 3-star review a full year after their stay! The Naked Guest & Her Life-Size Unicorn One of our cameras caught a guest standing completely naked at the top of a shared staircase—with a giant unicorn prop next to her. Just another day in Airbnb hosting. Wrong Unit Mix-Ups Happen More Than You Think From guests entering occupied units to one guest knocking on every door in a gated community, Airbnb check-in issues are more common than you'd expect. The Worst Airbnb Smell Ever—A Dead Raccoon in the Walls Guests complained about a horrible smell in one of our vacation rentals. After weeks of searching, we found a rotting raccoon inside the walls. Definitely one of the worst hosting surprises ever. A Guest Walked in on a Couple in Their Own Bed A guest returned from making a cocktail on a shared terrace, only to find a couple in their bed… in the middle of the act. Turns out, the other guests had walked into the wrong unit and made themselves at home. If you've been an Airbnb host, you probably have a crazy guest story of your own. And if you're new to short-term rentals, don't worry—these Airbnb nightmares are rare, but they do happen. The good news? With the right guest screening and Airbnb hosting strategies, you can avoid bad guests and make your STR business run much more smoothly. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Why do so many real estate investors fail? This is a question I get asked a lot, and it's something I've seen firsthand over the years. Real estate investing can be one of the best ways to build wealth, but it's not without its challenges. Whether you're diving into short-term rentals (STRs) or managing long-term properties, avoiding common real estate investing mistakes is crucial if you want to succeed. The truth is, many of the failures investors experience come down to a few key factors—like analysis paralysis, poor property management, or overleveraging their resources. In this video, I'll share the five most common reasons real estate investors fail and, more importantly, how you can avoid them. I've been in real estate for over 13 years, and I've been focused on STR success strategies since 2015. Along the way, I've made my share of mistakes and seen others make theirs. But here's the good news: you can avoid these pitfalls with the right strategies. Whether you're struggling with fear of risk or just unsure where to start, I'll show you how to stay on the right path and build a successful portfolio. Real estate isn't about overnight success—it's about building something sustainable for the long haul. In this episode, you'll learn: Analysis Paralysis: One of the most common real estate investing mistakes is overanalyzing deals to the point of inaction. Don't wait for the “perfect” deal—it doesn't exist. Instead, focus on taking action on a solid opportunity. Fear of Risk: Real estate involves risk, but the fear of losing money stops many investors in their tracks. Start small and mitigate your risk by doing your homework and knowing your numbers. No Clear Real Estate Investing Strategy: Whether it's short-term rentals, flips, or long-term holds, having no plan is one of the biggest reasons real estate investors fail. Decide on a strategy before jumping in so you know exactly what to focus on. Overleveraging in Real Estate: Borrowing too much can quickly lead to trouble, especially in an uncertain market. Leave room in your budget for unexpected expenses and keep an emergency fund to protect your investments. Poor Property Management: For short-term rentals or any type of property, management is key. If you're not managing your STRs properly—or you don't hire a good team—you'll lose money fast. Consider automation tools or property management services to keep things running smoothly.   Real estate investing isn't always easy, but it's one of the best ways to build wealth and create passive income when done right. The key is avoiding the common real estate investing mistakes that trip up so many people. Whether you're focusing on short-term rentals or another strategy, always keep learning and improving. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Is 2025 the right time to jump into the short-term rental (STR) game? It's a question I get asked a lot, especially as the STR market continues to evolve. With rising competition, new regulations, and changing guest expectations, it's natural to wonder if Airbnb is still a good investment. The truth is, while the industry has shifted, the opportunity to create a profitable Airbnb business is very much alive—if you know how to adapt. After nearly a decade in the short-term rental space, I've learned that success isn't just about having a great property—it's about understanding the trends, navigating challenges, and offering an experience that keeps guests coming back. Today, I'll share an honest look at the current state of the Airbnb market in 2025. We'll talk about key factors like market saturation, guest preferences, and the impact of new tools and technology. Whether you're considering starting your first Airbnb or scaling an existing short-term rental business, I'll help you decide if 2025 is still the right time to jump in—and how to do it profitably. Let's get started! In this episode, you'll learn: Competition Is Rising: With more people entering the STR space, market saturation is a real challenge in some areas. That's why finding a unique selling point (like a killer design or standout amenities) is more important than ever. Guest Expectations Are Changing: Today's travelers are looking for more than just a place to sleep—they want unique, Instagram-worthy stays with all the comforts of home. Use tools like my Recommended Resources to help you stand out. New Regulations in Some Markets: From city-specific rules to stricter licensing, it's important to research regulations in your target market before you invest. These rules can impact profitability, so do your homework. Technology Can Be a Game-Changer: From dynamic pricing tools like PriceLabs to automated guest communication, leveraging the right tools will save you time and help maximize profits. Opportunities Are Still Out There: Even with challenges like competition and regulations, demand for short-term rentals remains strong in the right markets. Focus on high-demand locations and offer something guests can't find elsewhere. So, is starting an Airbnb in 2025 still worth it? The answer really depends on your strategy, market, and willingness to adapt to changes. Short-term rentals are still a great way to generate income, but success comes down to planning and execution.   Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

If you've ever wondered how to scale your short-term rental business or pivot into a new real estate niche, boutique hotels might be the perfect opportunity for you. Boutique hotel investing combines the fundamentals of STRs—guest experience, revenue management, and location—but on a much larger scale. And the best part? Unlike single-family STRs, boutique hotels are valued based on income, not comps, giving you more control over asset appreciation. In this episode of Short Term Rental Riches, Tim interviews Rich Somers, a seasoned real estate investor with an $80M portfolio of boutique hotels. Rich shares his journey from managing Airbnbs to acquiring and renovating underperforming boutique hotels in some of the most competitive markets. Along the way, he highlights essential strategies, like leveraging seller financing, navigating Airbnb regulations, and mastering SEO and direct bookings. Whether you're just starting in real estate investing or are a seasoned STR operator, this episode is packed with actionable insights to help you grow your portfolio while maximizing guest experience and revenue. In this episode, you'll learn: STRs vs. Boutique Hotels: Boutique hotels offer scale and operational control, and their valuation is based on income instead of comparable properties. This allows investors to force appreciation by increasing revenue. Creative Financing Strategies: Many boutique hotels are owned outright by baby boomers, creating unique opportunities for seller financing. Offering flexible terms can help you close deals faster. Airbnb Regulations Are an Advantage: Tight short-term rental regulations in many cities are driving demand back to boutique hotels. Choosing markets with strict Airbnb rules can create high occupancy and premium rates. Direct Bookings & SEO: Focusing on direct bookings through SEO and social media marketing can reduce reliance on OTAs (Airbnb, Vrbo) and significantly boost your bottom line. Overcoming Challenges: From high-interest bridge loans to unexpected renovations, boutique hotels require proper contingency planning and operational excellence to mitigate risks.   The boutique hotel space is rapidly growing, and as Rich Somers explained, it's one of the best ways to scale your portfolio while navigating strict Airbnb regulations and a high-interest rate environment. Whether you're leveraging seller financing, using bridge loans, or refining your guest experience strategy, the potential for forced appreciation and profitability is massive in boutique hotels. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

I'm excited to have you here because today's episode is all about improving your short-term rental game with practical, actionable tips. I've been in this business for years, and if there's one habit that's made a huge difference, it's taking notes on everything—whether I'm listening to a podcast, attending an event, or watching STR success stories on YouTube. I recently went through my inbox, where I save all my ideas, and pulled out 12 incredible tips to help you boost Airbnb visibility, improve your listing, and enhance your guest experience. In today's fast-paced STR market, standing out is key, and small changes can make a massive impact. From ensuring your property is categorized correctly on Airbnb (yes, you can request a category change!) to investing in high-quality photos with drone shots and twilight lighting—this episode covers it all. I'm also diving into smart tech upgrades like wireless chargers and pet-friendly touches that guests love. And if you're scaling your business or managing properties remotely, stay tuned for operational tricks, including how to leverage same-day deliveries for emergencies. Let's dive in!   Key Takeaways: Optimize Airbnb Categories: Request up to 5 new categories for your listing to improve visibility using the Airbnb category request page (visit elevate.translated.com/categories). Professional Photos Matter: Invest in drone photos, twilight shots, and highlight parking or nearby attractions to attract more guests. Add Convenience with Tech: Install wireless chargers by bedsides and in common areas—guests love having quick access to charging. First Impressions Count: Check your doormat! Ensure it's clean and welcoming. Bonus points for adding a fun message that makes guests smile. Consistent Lighting: Make sure your lightbulbs match in color temperature (stick with warm 3000K for a cozy feel)—no "hospital lights"! Thanks for tuning in! Whether you're updating your photos, adding smart tech upgrades, or fine-tuning your pricing strategy, remember that every step brings you closer to running a standout short-term rental. These small but impactful changes can lead to higher bookings, glowing reviews, and a smoother operation overall. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Welcome back to Short-Term Rental Riches! I'm excited to be home in Medellin after visiting California, where I got to check in on my first short-term rental properties from 2015. This episode is all about the big takeaways from 2024 and what to expect in 2025. If you've been hosting Airbnb guests or managing short-term rentals, you know that market trends change fast—and understanding STR market trends for 2025 can be your key to maintaining high occupancy and revenue. This year, I've seen a significant drop in new STR supply, but demand has remained strong, creating a huge opportunity for hosts who are leveraging the right strategies. I'll cover the most important trends, including how AI is reshaping how guests search for properties and why Google Vacation Rentals could be a game-changer for direct bookings. If you're using tools like Price Labs or considering listing on Google to avoid commission fees, this is your guide to staying competitive. Whether you're focused on increasing your Airbnb revenue or refining your guest experience to earn more five-star reviews, this episode is packed with practical advice. Let's dive in and set you up for success in 2025! If you're looking to increase your Airbnb revenue and optimize your STR listings, this episode is packed with actionable tips! In this episode, you'll learn: Occupancy Trends & Supply Slowdown: STR supply is stabilizing or decreasing in some markets, giving established listings an edge to increase bookings. Average Daily Rate (ADR) Adjustments: Nationwide, ADRs have dipped slightly, making dynamic pricing tools like Price Labs essential for maximizing your revenue. AI's Impact on Search: Guests are using AI-based searches to find highly specific STRs. Properties that align with personalized searches will see increased visibility. Google Vacation Rentals: Google's no-commission listing option is a game-changer for direct bookings. Partnering with platforms like Hostaway makes integration seamless. Long-Term Strategy with Direct Bookings: A direct booking website can reduce your reliance on platforms like Airbnb and VRBO, especially as competition grows. Thanks for tuning into Short-Term Rental Riches! With the 2025 market shaping up, staying informed and proactive can help you outpace the competition. Whether it's leveraging AI to boost your listing visibility, optimizing your pricing strategy, or listing on Google Vacation Rentals, there's never been a better time to strengthen your short-term rental business. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Drop your thoughts or questions in the comments and let me know what trends you're seeing in your market. Don't forget to like, and subscribe for updates. Here's to crushing your 2025 STR goals—see you in the next episode! You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Finding profitable Airbnb properties in 2025 might seem like a challenge, but it's far from impossible with the right tools and strategies. Today, we're joined by Airbnb investing expert John Bianchi, who has helped direct over $90 million in STR investments across 200+ properties. From real estate data analysis to selecting the right markets, has fine-tuned a process to identify cash-flowing STR properties that outperform others. In this episode, we break down John's strategies for using platforms like AirDNA for STR market analysis, optimizing amenities to attract guests, and avoiding risky real estate markets. Whether you're focused on boosting Airbnb income or expanding your real estate portfolio, this conversation delivers insights for STR success. If you've ever wondered how to turn your property into a revenue-generating asset, this episode is a must-listen. In this episode, you'll learn: Effective STR Market Analysis: Learn how to use AirDNA and other tools to identify profitable short-term rental markets with potential for cash flow. Key Amenities for Success: Discover the must-have amenities that make your property competitive and the nice-to-have features that set you apart. Avoiding Risky Real Estate Investments: Identify oversaturated or underperforming markets to avoid costly investment mistakes. Boosting Airbnb Income: Optimize your STR listings with better management, guest experience, and strategic amenities for maximum revenue. How to Find Cash-Flowing Properties: Understand price-to-rent ratios and the importance of full-time hosting data for STR property selection.   Unlock Profitable Airbnb Opportunities with John Today! Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Finding profitable Airbnb properties in 2025 might seem like a challenge, but it's far from impossible with the right tools and strategies. Today, we're joined by Airbnb investing expert Jon Bianchi, who has helped direct over $90 million in STR investments across 200+ properties. From real estate data analysis to selecting the right markets, Jon has fine-tuned a process to identify cash-flowing STR properties that outperform others. In this episode, we break down Jon's strategies for using platforms like AirDNA for STR market analysis, optimizing amenities to attract guests, and avoiding risky real estate markets. Whether you're focused on boosting Airbnb income or expanding your real estate portfolio, this conversation delivers insights for STR success. If you've ever wondered how to turn your property into a revenue-generating asset, this episode is a must-listen. In this episode, you'll learn: Effective STR Market Analysis: Learn how to use AirDNA and other tools to identify profitable short-term rental markets with potential for cash flow. Key Amenities for Success: Discover the must-have amenities that make your property competitive and the nice-to-have features that set you apart. Avoiding Risky Real Estate Investments: Identify oversaturated or underperforming markets to avoid costly investment mistakes. Boosting Airbnb Income: Optimize your STR listings with better management, guest experience, and strategic amenities for maximum revenue. How to Find Cash-Flowing Properties: Understand price-to-rent ratios and the importance of full-time hosting data for STR property selection.   Unlock Profitable Airbnb Opportunities with John Today! Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!  

Finding profitable Airbnb properties in 2025 might seem like a challenge, but it's far from impossible with the right tools and strategies. Today, we're joined by Airbnb investing expert John Bianchi, who has helped direct over $90 million in STR investments across 200+ properties. From real estate data analysis to selecting the right markets, John has fine-tuned a process to identify cash-flowing STR properties that outperform others. In this episode, we break down John's strategies for using platforms like AirDNA for STR market analysis, optimizing amenities to attract guests, and avoiding risky real estate markets. Whether you're focused on boosting Airbnb income or expanding your real estate portfolio, this conversation delivers insights for STR success. If you've ever wondered how to turn your property into a revenue-generating asset, this episode is a must-listen. In this episode, you'll learn: Effective STR Market Analysis: Learn how to use AirDNA and other tools to identify profitable short-term rental markets with potential for cash flow. Key Amenities for Success: Discover the must-have amenities that make your property competitive and the nice-to-have features that set you apart. Avoiding Risky Real Estate Investments: Identify oversaturated or underperforming markets to avoid costly investment mistakes. Boosting Airbnb Income: Optimize your STR listings with better management, guest experience, and strategic amenities for maximum revenue. How to Find Cash-Flowing Properties: Understand price-to-rent ratios and the importance of full-time hosting data for STR property selection.   Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Real estate markets are constantly evolving, and short-term rental investing adds another layer of complexity. As an Airbnb host or STR investor, it's not just about demographics and trends. You also need to consider unique factors like oversupply in short-term rentals, the potential for unfavorable regulations, and even crime rates in your chosen market. These risks, if overlooked, can undermine the success of your investment. In this video, we'll unpack four reasons why some markets are just too risky for your next Airbnb or STR property. From volatile real estate speculation risks to markets with increasing short-term rental competition, knowing how to identify red flags can save you from costly mistakes. We'll also talk about how guest reviews and selecting the right property type can help you stand out in competitive markets. So, whether you're using tools like AirDNA to assess market trends or navigating landlord laws for STRs, these tips will ensure your next move is a smart one. 5 Key Points: Speculative Markets Are Risky: Investing in areas reliant on unpredictable appreciation is a gamble. Focus on markets with stable growth and strong fundamentals, avoiding those known for real estate speculation risks. Oversupply Can Hurt Profits: Use tools like AirDNA to analyze how new short-term rentals impact average occupancy and daily rates. Markets flooded with STRs often lead to declining revenues. Landlord Laws Matter: Research local landlord laws for STRs to ensure you're compliant. Regulations are constantly changing and can significantly affect your ability to operate. Crime Rates and Reviews: High crime rates can hurt both property value and guest experiences. Negative reviews stemming from unsafe neighborhoods can drive away future bookings. Differentiation is Key: In oversaturated markets, focus on delivering exceptional guest experiences and maintaining strong Airbnb reviews to outperform the competition.   Investing in short-term rentals offers fantastic opportunities, but only if you approach it with the right knowledge. Understanding real estate speculation risks, avoiding oversupply, navigating landlord laws for STRs, and prioritizing safe neighborhoods are critical steps toward success. Stay ahead by leveraging tools like AirDNA, focusing on guest reviews, and staying informed about market trends. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!  

If you're managing short-term rentals, you know how vital dynamic pricing tools are to maximizing your revenue. Platforms like PriceLabs and Wheelhouse integrate seamlessly with Airbnb, VRBO, and Booking.com, making it easier to adjust rates daily. However, what many hosts don't realize is that the price you see in your tool often doesn't match the final cost your guests pay. These hidden costs—from platform commissions to payment processing fees—can significantly impact your pricing strategy and overall revenue management. In this episode, I'll break down 6 hidden factors affecting the prices your guests see. Whether it's Airbnb commission fees, property management software charges, or local taxes, understanding these details is key to staying competitive. We'll also discuss how cancellation policies, STR promotions, and discounts influence your listings on platforms like Booking.com and VRBO. By the end, you'll have actionable insights to fine-tune your short-term rental revenue management strategy for optimal results.   Key Points: Channel Commission Fees: Airbnb, VRBO, and Booking.com charge varying fees that directly impact the final price your guests see. Stay informed to stay competitive. Property Management Software Charges: Tools like HostAway and Guesty often add hidden fees, which can inflate the price without your knowledge. Payment Processing Fees: Credit card fees, often around 3%, are passed on to guests or deducted from your revenue, depending on the platform. Cancellation Policies & Rate Plans: Offering flexible or non-refundable booking options can change guest pricing significantly and impact your revenue strategy. Taxes & Local Fees: STR taxes, like transient occupancy fees, can vary widely by location and platform. Make sure your listings on Airbnb, VRBO, and Booking.com are aligned.   Pricing isn't just about setting competitive rates—it's about understanding the ecosystem of fees and commissions that affect your listings. By diving into these dynamic pricing insights, you'll be better equipped to maximize your short-term rental revenue and deliver great guest experiences. If you're looking for help with revenue management or pricing strategies, my team and I are here for you. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Welcome back to the Short Term Rental Riches podcast! Today, we're unpacking the latest trends reshaping the short-term rental industry, straight from the HostChella conference in Miami. One of the biggest takeaways? Travelers are opting for more budget-friendly alternatives—what Airbnb calls "destination dupes." Instead of splurging on high-demand locations like Lake Como, Italy, guests are gravitating toward nearby, affordable destinations like Lake Maggiore. This shift offers a huge opportunity for property investors looking to expand their portfolios without breaking the bank. Whether you're new to short-term rentals or a seasoned host, these insights will help you maximize bookings, improve efficiency, and stay ahead of the curve. 5 Key Takeaways: Budget-Friendly Travel Is Booming: Guests are seeking affordable "destination dupes," making secondary markets a hot spot for short-term rental investment. Maximize the 'Billboard Effect': Listing on OTAs like Airbnb and Booking.com can drive direct bookings—especially if you create a dedicated website using tools like HostAway. Adopt Dynamic Pricing Strategies: With tools like PriceLabs or Wheelhouse, adjust your rates to market demand and maximize revenue​. Plan Ahead with Open Calendars: Travelers are planning further out—up to 18 months in advance—so opening your calendar wide can increase visibility and bookings. Navigate Changing Regulations: STR regulations vary by city and neighborhood. Use services like Avalara to ensure compliance and avoid surprises​. Thanks for tuning in to this week's episode! The travel landscape is evolving, and staying informed is your ticket to success in the short-term rental industry. Whether you're adjusting to new guest trends or exploring tools to streamline your operations, there's always an opportunity to grow. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Trash might not be the first thing you think about when managing your short-term rental, but it's often one of the most critical pieces of the puzzle. From overflowing trash bins to improperly sorted waste, neglecting trash management can ruin a guest's first impression and even lead to poor reviews. The good news? With a few simple strategies, you can streamline your vacation rental operations, leaving your property sparkling clean for every check-in. In this episode, we're diving into trash management solutions for Airbnb hosts and short-term rental property managers. You'll discover why asking guests to take out the trash isn't the best practice, how to coordinate with your housekeeping team, and how services like CanMonkey can simplify the process. Whether you're managing a single property or an entire portfolio of vacation rentals, these tips will help you save time, avoid stress, and provide a seamless guest experience. Let's get into it! In this episode, you'll learn: Leverage Your Housekeeping Team: Coordinate with your housekeepers to handle trash removal. Offer flexible scheduling or additional pay to align with local trash pickup days. Use CanMonkey or Similar Services: Automate your trash management with services like CanMonkey, which handle trash can placement and retrieval based on local schedules. Hire Landscapers for Trash Removal: If you have a landscaper who visits regularly, consider adding trash duties to their service for a small fee. Build Neighborly Connections: Foster good relationships with neighbors. They, or their kids, may be willing to help manage trash bins for a modest payment. Add Extra Trash Cans: Prevent overflowing trash by investing in additional bins, giving you more flexibility with pickups and capacity during busy guest stays. Managing trash doesn't have to be a burden, even for busy Airbnb hosts or property managers. With these tips, you'll not only keep your property looking great but also enhance the overall guest experience—leading to better reviews and more bookings. Whether it's working with your housekeepers, neighbors, or services like CanMonkey, there's a solution for every host. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In this episode, we dive into the world of scaling short-term rentals through boutique hotel investment with Blake Dailey, a real estate investor who's made waves in the Airbnb and boutique hotel markets. As Airbnb's popularity shifts, many investors are looking for alternatives to increase profitability and provide unique guest experiences. Blake shares his strategies for finding high-potential boutique properties, implementing direct booking strategies, and maximizing revenue through added amenities and efficient operations. If you're interested in passive income from real estate or learning how to scale from single-family Airbnb properties to larger boutique hotels, this conversation is packed with valuable insights. Topics Covered: Scaling Short-Term Rentals: Moving from Airbnb rentals to boutique hotel investment Airbnb Alternatives and Market Trends: Why direct bookings and boutique hotels are rising in popularity Boutique Hotel Investing Tips: Insights on finding, evaluating, and purchasing boutique hotel deals Property Management Automation: Leveraging virtual reception and tech for efficient STR operations Revenue Management and Value-Adding Amenities: Maximizing revenue through amenities and tailored guest experiences Thanks for watching today's episode on scaling short-term rentals with Blake Dailey! From real estate investing tips to the advantages of boutique hotel investments, we've covered a lot of ground. As Airbnb continues to evolve, many investors are finding that alternatives, like boutique hotels and direct booking platforms, can provide a profitable and unique approach to short-term rentals. Remember, successful STR management is all about creating a memorable guest experience, making smart investments, and staying efficient with automated operations. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In this episode, we uncover practical strategies for short-term rental cost management that every Airbnb host and boutique hotel owner should know. Tackling unexpected STR maintenance expenses, optimizing housekeeping operations, and reviewing recurring charges can be the difference between high profits and financial strain. When it comes to running short-term rentals or boutique hotels, many owners overlook the hidden costs that can add up fast. While regular maintenance, guest turnover, and general operational expenses are common in the STR industry, the way we manage these costs can make or break our profitability. A critical area to pay attention to is STR maintenance expenses. Repairing major issues like gas leaks or roof damage is costly not just for the direct repair but also for lost income from blocked days. Every day your property is unavailable translates to lost revenue, which, when added up, could mean thousands out of your pocket. In this episode, you'll learn: Factor in true maintenance costs: Include lost income from blocked days to get a comprehensive view of STR maintenance expenses. Get business income loss insurance: Protect your rental property income against major disruptions. Avoid over-blocking for housekeeping: Ensure cleaning is scheduled efficiently to maximize availability. Audit recurring expenses: Regularly review and renegotiate your software subscriptions and utility bills. Evaluate team productivity: Check if your support staff or virtual assistants are contributing effectively to cost management. Before you move on to your next reservation or guest interaction, take a step back and evaluate your current practices. Are there recurring expenses you could cut or renegotiate? Are blocked days for housekeeping holding back potential income? Even the smallest adjustments can lead to substantial financial improvements in your short-term rental cost management. Remember, every saved dollar adds up to a stronger bottom line. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

If you've been in the short-term rental (STR) game for a while, you know how important a reliable virtual assistant (VA) can be for scaling your business. VAs can handle guest communications, bookings, and admin tasks, freeing you up to focus on growth. But with the boom in remote work, a challenge has emerged: virtual assistants working multiple jobs. While it's great for them to pursue extra income, it's problematic when it affects their job performance and your STR management. Identifying and addressing these productivity issues is key to maintaining a successful STR business. Today, we're going to look at the signs that indicate your VA might be multitasking with other jobs and what this means for your STR business growth. The productivity of your team affects not only day-to-day operations but also guest satisfaction and overall revenue. Key takeaways: Delayed Response Times: If your VA consistently replies late to guest inquiries or task updates, it could indicate divided attention due to other jobs. Frequent Excuses: An uptick in excuses, such as sudden technical problems or illnesses, can be a sign of multitasking. Drop in Productivity: Notable declines in work quality or output often hint at a VA handling multiple responsibilities outside your STR operations. Use of Monitoring Tools: While time tracking apps can help, focus on overall productivity to spot real issues—not just screen time. Clear Work Agreements: Outline that your VA should not work for another employer during their scheduled hours for you to maintain STR business efficiency. Managing virtual assistants and remote teams comes with unique challenges, especially when running a short-term rental business. Ensuring productivity and clear communication can keep your STR management smooth and guest experiences positive.  Remember, maintaining transparency and setting upfront expectations are vital for long-term success. Thanks for tuning in, and until next time, keep growing your STR business! Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

The short-term rental industry is undergoing rapid changes, and the Vacation Rental Management Association (VRMA) 2024 conference was the ideal event to catch up on the latest developments. This year's VRMA conference highlighted the most recent trends in the vacation rental space, covering everything from revenue management best practices to AI-powered tools for hosts. Whether you're an Airbnb host with one property or a property manager overseeing hundreds of STRs, the insights from this event can make a significant impact on your operations and revenue. Key discussions centered around improving guest experiences, minimizing host cancellations, and leveraging AI tools to automate tasks and enhance STR management. In this video, I'll share my top takeaways from VRMA 2024, focusing on how major players like Airbnb, Booking.com, and VRBO are tackling the industry's biggest challenges, including fraud prevention and evolving regulations. You'll learn about effective STR revenue management strategies, AI tools to boost your property's performance, and tips to handle guest issues without affecting your superhost status. If you're aiming to optimize your short-term rental business, stick around—this video will offer valuable insights that can help you boost revenue, streamline operations, and ultimately achieve more success as a host or property manager. Key Takeaways  STR Trends from VRMA 2024: Major OTAs like Airbnb, Booking.com, and VRBO discussed host cancellations, fraud prevention, and the need for clearer STR regulations. AI Tools for Airbnb Hosts: New AI solutions include dynamic pricing adjustments, automated communication, and fraud detection, all designed to make STR management easier. Revenue Management Best Practices: AirDNA data showed that professionally managed STRs saw a 6% revenue increase, while individual operators faced a 4% decline—emphasizing the importance of effective revenue strategies. Fraud Prevention Tips for STRs: To prevent fraud, use verified payment methods, obtain rental agreements, and verify guest IDs, which can help reduce disputes. Boosting STR Revenue with AI: AI-powered tools now offer personalized guest interactions, automated booking updates, and the ability to optimize pricing across platforms—key to improving STR performance. Thanks for watching my recap of the VRMA 2024 conference! As you can see, the STR industry is moving fast, with plenty of opportunities for hosts and managers to optimize their operations, boost revenue, and prevent fraud. If you're looking to stay ahead in the short-term rental space, keep tuning in—I'll be reviewing more insights from VRMA in the coming weeks, covering the latest tools, revenue management strategies, and regulation updates. If you enjoyed this video, please like, share, and subscribe for more Airbnb tips and STR success strategies. Let me know in the comments which topics you'd like to explore next, and I'll see you in the next video! Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In this episode, we're discussing emergency preparedness for short-term rentals and how to protect your Airbnb. Natural disasters like hurricanes, floods, and wildfires are becoming more frequent, and as short-term rental hosts, it's our responsibility to be prepared for when they strike. If you operate in areas prone to these events, ensuring you have the right insurance coverage, clear guest communication strategies, and a well-thought-out disaster management plan is crucial. We'll explore how you can protect your business from loss of income due to natural disasters, navigate Airbnb cancellation policies, and handle emergency guest management during power outages or severe weather events. If you've experienced something like Hurricane Milton or a wildfire affecting your property, this episode is packed with actionable advice to help you get through it. 5 Key Takeaways:  Get the right STR insurance: Make sure your short-term rental insurance covers natural disasters like floods, hurricanes, and fires, along with loss of business income. Clear guest communication is key: Keep your Airbnb guests updated with real-time information during emergencies, especially regarding power outages or evacuation protocols. Plan for cancellations and refunds: Understand Airbnb's cancellation policies during disasters and have clear rules in place to manage cancellations or refunds fairly. Offer alternative accommodations: If you manage multiple properties, offer guests an alternative Airbnb location or a credit toward future stays if they need to cancel due to a natural disaster. Prepare for loss of income: Ensure your STR insurance includes loss of business income to cover any period when your property is uninhabitable, so you don't suffer financial losses.   Dealing with emergencies is stressful, but by being proactive, you can protect your Airbnb or short-term rental business and your guests. Make sure your STR is prepared by having the right insurance, setting up clear guest communication during disasters, and planning for cancellations or refunds when necessary. If you manage properties in disaster-prone areas, review your insurance policies and guest communication strategies now—before the next emergency strikes. Thanks for tuning in! I hope this episode gave you practical tips on preparing for emergencies in the short-term rental space. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In this episode of Short Term Rental Riches, we're exploring how to maximize rental income using Padsplit, a platform that allows you to rent by the room instead of the entire property. This rental strategy is especially valuable if you're in a market where short-term rental regulations have gotten stricter or if you're looking for an Airbnb alternative to increase your rental revenue. Padsplit offers a unique way to rent rooms for semi-long-term stays, with average stays lasting 8 months, helping both landlords and tenants. In this episode, you'll learn: What is Padsplit and how it works to boost rental income. Why renting by the room can increase revenue. How Padsplit helps landlords reduce vacancy risks. Why this model works well in urban areas and college towns. How to get started with Padsplit today. If you're looking for an Airbnb alternative or a way to keep your rental income stable, Padsplit could be your answer!Thanks for tuning into this episode! If you're looking for ways to increase rental income without the headache of nightly turnovers or if you're in a market where short-term rental regulations are getting stricter, Padsplit might be the perfect Airbnb alternative for you. Renting by the room offers a steady income stream and helps reduce vacancy risks. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Managing a successful short-term rental requires more than just a beautiful property—how you communicate with guests and manage their experience directly impacts your reviews and, ultimately, your revenue. Airbnb reviews have a huge influence on how often your property gets booked and at what price. Recently, I spoke with a short-term rental owner who experienced a steep revenue drop after shifting from self-management to using a property management company. Despite having a great property, their Airbnb reviews tanked, resulting in their earnings dropping from $75,000 to $23,000. This shows just how important it is to maintain high Airbnb ratings and ensure your guests are satisfied. In this episode, we'll break down exactly how bad reviews can affect your short-term rental revenue and how you can boost your Airbnb guest reviews to maintain high occupancy and income.  Let's dive into how you can keep your reviews high and your short-term rental profitable. Airbnb Reviews & Revenue: A low average rating (below 4.5) can significantly reduce your Airbnb bookings and slash your revenue. Effective Guest Communication: Quick and personalized communication is essential for earning 5-star Airbnb reviews and improving guest satisfaction. Managing Guest Expectations: Align your property description and photos with reality to prevent negative feedback and keep your short-term rental revenue steady. The Risk of Poor Property Management: Switching to a property manager with bad reviews can drastically impact your income, as seen with this owner's revenue drop. Recovering from Bad Airbnb Reviews: Focus on improving communication and hospitality to bounce back from bad reviews and regain high Airbnb ratings. As we've seen, bad Airbnb reviews can severely affect your short-term rental revenue. It all boils down to guest communication and setting the right expectations. If you're struggling with maintaining high Airbnb ratings or have seen your revenue drop, take a close look at how you're managing guest interactions and your reviews. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

Struggling to fill your calendar and keep your Airbnb booked?  Today, we're going to cover one of the most crucial aspects of running a successful Airbnb—pricing. Whether you're new to hosting or a seasoned pro, setting the right Airbnb pricing strategy is key to maximizing your occupancy rates and keeping your property fully booked. In this episode, I'll walk you through how to use dynamic pricing tools like PriceLabs and Wheelhouse to ensure you're not leaving money on the table. More specifically, we'll look at a short-term rental pricing metric that takes only a few seconds to find but can have a huge impact on your revenue. One common mistake hosts make is setting their Airbnb minimum price too high, even with dynamic pricing in place. I'll show you how to quickly check if your minimum price is too high and what to do if it is. Plus, we'll talk about how to adjust your pricing for weekends, holidays, and low-season periods to stay competitive. If your occupancy has been dropping or you're concerned about maximizing your Airbnb revenue, then this episode is for you.  Episode Highlights: Check Minimum Price Frequency: Find out how often your dynamic pricing tool sets your property at the minimum price and use this data to adjust if needed. Create a Wide Pricing Range: Make sure there's a large gap between your Airbnb base price and your minimum price, allowing dynamic pricing tools to do their job effectively. Seasonal & Weekend Adjustments: Always set different Airbnb pricing strategies for weekdays, weekends, and holidays to capitalize on peak demand times. Cross-Check Competitor Pricing: Compare your property's prices to nearby competitors on Airbnb to stay ahead in your local market. Lower Prices When Necessary: Don't be afraid to lower prices during off-peak times to boost your Airbnb occupancy—especially if you have strong guest screening in place. Thanks for watching! I hope this episode helps you fine-tune your Airbnb pricing strategy and boost your short-term rental revenue. Remember, pricing isn't a set-and-forget task—it's dynamic and changes with the market. Keep checking how often your price hits its minimum and adjust as needed to stay competitive. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

If you're looking to buy an existing short-term rental, it's essential to understand that it's not as simple as transferring ownership. There are several critical steps involved in making sure the property you're purchasing will continue to perform well. This episode will walk you through the financial due diligence process, how to handle existing reservations and Airbnb reviews, and the potential challenges of dealing with third-party STR management. Whether you're a seasoned real estate investor or just starting your Airbnb business, these tips will guide you through the complexities of buying a property that's already operating as a short-term rental. One of the most important aspects of this process is ensuring that the financials of the property are accurate. It's not enough to rely on the seller's numbers—you'll need to verify the income with actual bank statements and use tools like AirDNA, PriceLabs, or STR Insights to get accurate estimates of the property's revenue potential. But beyond finances, there's also the question of what's included in the purchase. Are the photos, furniture, and even the Airbnb account being transferred? If not, you'll need a plan for how to manage existing bookings and recreate the property's online presence. We'll dive into these details so you can avoid the pitfalls that come with buying an existing short-term rental. Episode highlights: Financial Due Diligence: Verify all income claims with actual bank deposits and use tools like AirDNA and PriceLabs for accurate revenue estimates. What's Included: Ensure the purchase agreement clearly specifies what's included in the sale—furniture, photos, and the Airbnb account. Airbnb Account Transfer: Learn about the challenges of transferring an existing Airbnb account and reviews, and what to do if the seller won't transfer the account. Managing Existing Reservations: Understand how to manage and honor existing reservations, or how to reschedule or cancel them if needed. STR Management Tips: If the property is managed by a third party, know what to expect regarding the transfer of bookings and control of the property's listings. I hope this episode has provided some clarity on the process of buying an existing short-term rental. There's a lot to consider, but if you take these steps, you'll ensure a smooth transition and protect your investment. Whether you're handling Airbnb reviews, existing reservations, or setting up new listings, the key is to stay organized and informed.  Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In today's episode, we're diving deep into the world of tax strategies for short-term rental investors with the renowned Amanda Han, a real estate CPA and tax expert. If you're in the Airbnb business, this episode is a must-watch as Amanda shares how to take advantage of the short-term rental tax loophole to offset your W-2 income, even if you don't qualify as a real estate professional. With over a decade of experience, Amanda has helped countless real estate investors, including myself, save thousands in taxes while building wealth through real estate tax deductions and depreciation strategies. We also discuss critical tax updates for 2024, including changes to bonus depreciation and how it impacts your tax filings. Amanda walks us through the best practices for tracking material participation hours, which are key for audit-proofing your Airbnb business. Whether you're new to the short-term rental market or a seasoned pro, Amanda's insights into real estate tax benefits could make a huge difference to your bottom line. This episode is packed with actionable tips, so get ready to take notes!   In this episode, you'll learn: Airbnb Tax Loophole: Learn how short-term rental owners can use the Airbnb tax loophole to offset W-2 income without qualifying as a real estate professional. Material Participation for STRs: Understand the importance of tracking your hours to meet material participation and how it can help you save on taxes. Bonus Depreciation Updates: Get the latest on bonus depreciation for real estate investors in 2024 and how to apply it to your Airbnb property. Real Estate Professional Status vs Short-Term Rentals: Find out the difference between real estate professional status and material participation for short-term rentals, and how each impacts your tax savings. Audit-Proof Your Airbnb Business: Amanda shares her top tips for tracking hours and expenses, so you can audit-proof your Airbnb business and avoid IRS penalties.   Thanks for tuning in to this episode packed with tax strategies for short-term rental investors! Amanda Han's expertise in navigating the Airbnb tax loophole and the latest updates on bonus depreciation are invaluable for anyone looking to grow their wealth while minimizing taxes. Whether you're aiming to qualify for real estate professional status or just want to ensure your tax filings are audit-proof, Amanda's advice can help you achieve your goals. For more great tips, make sure to visit Amanda's site at KeystoneCPA.com where you'll find a free eBook on short-term rental tax strategies. And don't forget to subscribe to this channel for more insights into real estate tax benefits, Airbnb tax deductions, and other tips to maximize your profits as a short-term rental investor! Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

In this episode of the Short-Term Rental Riches podcast, we sit down with Leo Walton, co-founder of Superhog, to talk about effective guest screening and risk management for short-term rental hosts. Leo brings a wealth of experience, from avoiding fraudulent bookings to preventing damage, Leo shares key strategies that every short-term rental host should have in place. Discover how to prevent unwanted guests, minimize damage, and protect your Airbnb or vacation rental property with the best practices in guest verification and fraud prevention. In this episode, you'll learn: Guest Screening Reduces Damage Risk by Tenfold: Learn how Superhog's guest verification tools help prevent bad guests from booking your property. Prevent Credit Card Fraud: Leo Walton discusses how to avoid fraudulent bookings with effective guest screening processes. Instant Book and Risk Management: Understand the importance of combining guest screening with instant bookings to increase occupancy without increasing risk. Deposit Waivers vs. Damage Waivers: Discover how offering these protective measures can help safeguard your property and increase your revenue. Fraud Prevention and Airbnb Direct Bookings: Find out how Superhog protects hosts from the rising threat of credit card fraud and unwanted guests. Thanks for tuning in to this episode of the Short-Term Rental Riches podcast! We hope you found Leo Walton's insights on guest screening and risk management as valuable as we did. If you're a short-term rental host looking to protect your property and minimize risk, Superhog's tools and strategies can make a big difference.  Take advantage of StayFi's special offer for our listeners 

In this episode, we break down the top 8 riskiest parties or events that can happen in your Airbnb. Drawing from years of experience and managing over 40,000 guests, we discuss how to spot potential red flags and what measures you can take to protect your investment. Whether you're hosting through Airbnb, Vrbo, or another platform, understanding these risks is crucial to maintaining a smooth operation. We cover everything from weddings to spring break parties, offering practical tips to help you manage your vacation rentals effectively. Episode highlights: Music or Concert After-Parties: These events can vary significantly in risk depending on the type of concert attended. Keep an ear out for concerts that could lead to noisy after-parties. Weddings and Wedding Receptions: Large gatherings like weddings can lead to noise complaints, especially if your property isn't suited for big events. 21st Birthday Parties: Celebrating legal drinking age often involves heavy alcohol consumption, making this type of party particularly risky. College Graduation Parties: These events often involve young adults who might not be fully aware of your house rules, leading to potential disturbances. Bachelor/Bachelorette Parties: High on the list of risky events, these parties often involve large groups and heavy drinking, especially in popular destinations like Nashville. And there you have it—the eight riskiest parties you could host in your Airbnb. Remember, while these events can be challenging, they can also be lucrative if managed correctly. By taking the right precautions, like setting clear house rules and using security tools, you can enjoy the benefits without the headaches. Take advantage of StayFi's special offer for our listeners 

Launching your Airbnb successfully and getting fully booked is the goal of every short-term rental (STR) host. It's essential to have a well-thought-out strategy that ensures your property not only stands out but also secures those all-important first bookings. In this episode, we'll walk you through the key elements of a successful Airbnb launch, from taking advantage of the initial visibility boost to optimizing your listing with Airbnb's new listing discount. These strategies are designed to help you build momentum quickly, so your property stays fully booked and generates consistent revenue. But it doesn't stop there. To maximize your Airbnb revenue, it's crucial to understand how to leverage seasonal pricing and diversify your booking platforms. While Airbnb might be your primary channel, expanding your presence to other platforms like VRBO and Booking.com can significantly increase your booking potential. We'll also discuss the importance of building a strong review base early on, which not only boosts your credibility but also drives more bookings across all platforms. With the right approach, your Airbnb launch can be a major success, setting you up for a profitable year ahead. Key takeaways: Maximize Airbnb Visibility: Leverage the initial visibility boost you receive as a new Airbnb listing to secure early bookings and establish your property in the market. Strategic Airbnb Pricing: Utilize Airbnb's new listing discount to attract guests while maintaining revenue by adjusting your base price. Experiment with pricing strategies to optimize visibility without sacrificing income. Build Reviews Quickly: Accept shorter stays initially to build up your review base on Airbnb and other platforms like VRBO. A strong review base is critical for gaining trust and boosting bookings. Seasonal Pricing Strategies: Align your property launch with peak seasonal demand and adjust your pricing based on booking windows to capture high-value bookings at optimal times. Diversify Booking Platforms: Expand your property's presence beyond Airbnb to platforms like VRBO and Booking.com. This strategy helps you reach a broader audience, build reviews on multiple platforms, and secure more bookings. Launching a new short-term rental property in 2024 doesn't have to be daunting if you approach it with the right strategies. By maximizing your Airbnb visibility, implementing effective pricing strategies, and diversifying across multiple platforms, you can set your property up for long-term success. Remember, the key is not just to get those first few bookings but to maintain a steady flow of guests and build a solid review base that will keep your calendar full all year round. Thanks for watching, and we'll see you in the next episode! Take advantage of StayFi's special offer for our listeners 

Today, we've got a real treat for you on the Short Term Rental Riches Podcast. I'm excited to welcome Tyann Marcink Hammond, the queen of guest experience from TouchStay. Tyann's been a powerhouse in the short-term rental industry since 2007, and she's here to share her extensive knowledge on creating unforgettable guest experiences. From the days of manually uploading photos and waiting for listings to go live to the digital age of seamless bookings and guidebooks, Tyann has seen it all.   In this episode, we dive into the importance of digital guidebooks and how TouchStay is revolutionizing the way hosts communicate with their guests. Tyann explains how a well-crafted guidebook not only enhances the guest experience but also saves hosts time by answering common questions before they even arise.  Episode Highlights Evolution of the STR Industry: Tyann started in 2007, dealing with platforms like Vrbo and Craigslist, witnessing the industry's growth and technological advancements. Importance of Digital Guidebooks: Learn how TouchStay's digital guidebooks can streamline guest communication and enhance their experience by providing essential information right at their fingertips. Effective Communication Strategies: Discover the best practices for timing and methods of communication to cater to different types of guests, from planners to last-minute travelers. Upselling Tips: Explore creative upselling strategies, such as offering charcuterie boards, to increase your revenue and enhance the guest experience. Managing Large Properties: Tyann shares her expertise on handling large family reunions and groups, ensuring smooth operations and high guest satisfaction. Thanks for tuning in to this episode of the Short Term Rental Riches Podcast! We hope you found Tyann's insights as valuable as we did. If you're ready to take your guest experience to the next level, consider implementing some of the tips and strategies discussed today. Don't forget to check out TouchStay for their amazing digital guidebooks that can help streamline your operations and enhance your guests' stay. Take advantage of StayFi's special offer for our listeners 

Welcome back to another exciting episode of the Short Term Rental Riches Podcast! I'm thrilled to have Mark Simpson with us today, the brilliant mind behind Boostly and the acclaimed author of "The Book Direct Playbook." Mark has been a pivotal figure in the short-term rental space, helping thousands of property owners navigate the complexities of marketing and increase their direct bookings. Mark dives deep into the essence of building a sustainable short term rental business by reducing dependency on platforms like Airbnb and Booking.com. His journey, which began in a small community in the UK, has evolved into a mission to empower hosts globally with the knowledge and tools to succeed independently. Mark also shared his insights on the evolving role of social media marketing and the immense potential of email marketing. As technology advances, AI in hospitality is becoming a game-changer, and Mark is at the forefront of integrating these innovations into everyday operations. Whether you're a seasoned host or just starting, this episode is packed with practical advice that can elevate your short term rental business to new heights. In this episode, you'll learn: Direct Bookings Strategy: Learn how to reduce your reliance on third-party platforms like Airbnb by building a strong direct booking strategy. Importance of PMS and Website: Understand why having a property management system and a direct booking website is crucial for your short term rental business. Social Media Marketing Tips: Discover the power of documenting your journey and engaging with your audience authentically on social media. Email Marketing for Rentals: Find out how email marketing can offer an incredible ROI and why it's a must-have in your rental marketing toolkit. Future of AI in Hospitality: Explore how AI can revolutionize customer service in the short-term rental industry and streamline your operations.   Thanks for tuning in to this insightful episode with Mark Simpson! If you found these tips helpful, make sure to grab a copy of "The Book Direct Playbook" for even more valuable insights.  Take advantage of StayFi's special offer for our listeners 

In this episode of the Short Term Rental Riches podcast, we sit down with Eric Moeller, the visionary founder and CEO of FreeWyld, a groundbreaking hospitality brand. Discover how Eric is revolutionizing the short-term rental market by creating unique, nature-based experiences that help guests disconnect from technology and reconnect with nature. Learn about his innovative wild switch, the importance of direct bookings, and how personal growth has influenced his entrepreneurial journey. Don't miss this insightful conversation packed with actionable tips for short-term rental success! In this episode, you'll learn: Introduction to Eric Moeller and FreeWyld The concept and inspiration behind FreeWyld How the "wild switch" enhances guest experiences Strategies for driving direct bookings through social media Balancing unique experiences with market demands The impact of personal growth on professional success Thank you for tuning in to this episode of the Short Term Rental Riches podcast. We hope you found Eric Moeller's insights as inspiring and informative as we did. If you enjoyed this episode, be sure to subscribe to our podcast and leave us a review. Don't forget to check out FreeWyld at freewyld.com and follow Eric on Instagram and LinkedIn at Eric D. Moeller. Stay tuned for more expert advice and actionable tips on how to build a successful short-term rental business.  Take advantage of StayFi's special offer for our listeners 

Housekeeping is one of those critical aspects that can make or break the guest experience in your Airbnb. After all, nothing beats arriving at a clean, welcoming space that feels like home. But what happens when things don't go as planned? In this third part of our housekeeping series, we're focusing on troubleshooting housekeeping issues with your housekeepers or housekeeping company. From handling negative feedback to ensuring reliability, we'll cover the steps you need to take to keep your property in top shape and your guests happy. By effectively managing housekeepers for Airbnb and other short-term rentals, you can minimize issues and enhance the guest experience.

Join us on the Short Term Rental Riches podcast as we welcome Arthur Colker, CEO and founder of StayFi. Arthur shares invaluable insights on how to boost your direct bookings and build a powerful email list for your short-term rental business. Learn about StayFi's innovative Wi-Fi login system and discover strategies to reduce reliance on OTAs like Airbnb and Vrbo.  Whether you're managing one property or hundreds, Arthur's tips and strategies can help you maximize your revenue and build a sustainable rental business. So, grab a cup of coffee, sit back, and get ready to transform your short-term rental strategy with the power of StayFi! Don't miss this opportunity to enhance your rental business and achieve greater financial freedom!