🏘️If you're struggling with calculating the potential of your STR investment, we've put together a FREE ROI calculator that has everything you need to evaluate potential deals. 💵
Follow and comment "ROI" and we'll DM it to you!
#RealEstate#airbnbhost
Found a good deal but is pretty far away from home?
One of the things you can do to get some peace of mind is to have a WiFi enabled Schlage.
Set up time limited codes for renters and contractors.
Should you be strict about the number of people allowed for an overnight stay at the property?
Simply put, yes. Lots of markets you’ll be putting your short term rental license at risk when you go past their limits, and potentially be subject to fines.
STR Tip ✅:
Help guests make MEMORIES and have EXPERIENCES:
I had a family recently stay at one of my short term rentals for their wedding.
Such a great feeling that as a host, I had a positive impact on someones important weekend!
Before you dive headfirst into buying your STR, take a moment to truly grasp the ins and outs of permitting and zoning regulations in your target market.
It's crucial to consider not only rental use but also the broader scope of requirements.
Short Term Rentals bring an undeniable lifestyle component into the equation.
In the end, you need to be much more involved compared to owning a long term rental.
Always consider this if you're thinking about becoming an STR owner #propertymanagement#realestateinvestment
We AirBnBs are not hotels🛎️
Guest can't call the lobby and ask for more towels or other stuff they may need.
But... you still need to make sure they have anything they need😉
I recommend having a trunk with items that are frequently asked for. #airbnb#vacationrentals#STR
Weekend of short-term rental guests:
- Buys groceries & alcohol: $200
- Goes to restaurants & bars: $500
- Goes to a local concert: $200 per person
- Rents a boat from a local vendor: $1,000 total
Anti-STR people:
"Short-term rentals are bad for the local economy."
🤦♂️
🚀 Both Wheelhouse and PriceLabs offer pricing optimization using machine learning algorithms.
Choose Wheelhouse for user-friendliness or PriceLabs for more customization options. #AirbnbManagement#HostingTips
@Str8OuttaBombay@MrJonesSTRs High quality photos
Relevant keywords and cleary underlines differentiator for your property
Be more competitive in pricing
Gather more reviews
Also helps if you're a superhost. There are some more that AirBnB takes into consideration but those are the main ones
How do you screen your tenants?
In our experience, there are 6 essential things to do
See the thread for the first 3👇🧵
#landlord#rental#PropertyManagement