How to run a successful STR:
Old Way
-In person check in
-Call to book
-Live near your property
-Four walls and a bed
New Way
-Fully remote check in
-Instant book online
-Invest anywhere in the world
-Immersive experiences and amenities
Innovation > Boring
Be Humble & Hungry!
Humble to:
👉🏻 Learn from Others
👉🏻 Improve Every Day
Hungry to:
👉🏻 Live with Passion
👉🏻 Work Harder than Everyone Else
Remember, the best are always striving to get better and make others better too.
STR Underwriting 101
Property Mgmt
Insurance
Taxes
Utilities
CapEx
WiFi
Furniture
Renovations
Accounting/Legal Fees
Technology fees
Household supplies
General upkeep
Maintenance calls
Lawn Care
Pest Control
Debt Service
If your favorite STR “guru” isn’t accounting for these…🤦♂️
https://t.co/LmdwUKhuNR
Professional photos not complete. Place is not decorated yet but is available to book for Labor Day and beyond. Message me or click the link above if you. On the 13th hole of Pine Hills
@BarstoolTrent@RiggsBarstool @MyrtleBeachGolf @barstoolsports