I know it may not feel like it while you’re living it, but economic downturns actually serve a really valuable purpose. I’m always saying that an economic crisis is actually an amazing opportunity. How? Because it allows us to enter into a marketplace that might have been too expensive for us otherwise.It creates a crack
When you’re first getting started in the STR world, you’re CEO, Chief Everything Officer. At the very beginning, you are doing literally everything.But you can’t be Chief Everything Officer for long, or you’ll burn out. And you’ll lose money. You want to be the one making all the decisions, not the one executing all the
Everyone’s looking for a shortcut, a way to make more money and fast. In the STR world, there are definitely tips I can share that will help increase the profitability of your rentals, but I’ll warn you that tips and shortcuts can never take the place of hard work. Those things work in tandem.In other
Are you still thinking of your STR business as an “airbnb business”?Well, stop that. Right now.You, my friend, are a business owner — and it’s time to start acting like one.First of all, know this: what you’re creating with your STR business is your own unique brand of vacation and short-term rental property. And that
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