Must Haves In Your STR Units If You Want Five-Star Reviews
Getting a five-star review on your STR units means giving your customer an experience that is comfortable, relaxing, and emotionally satisfying.You want them to feel like you care about them, even if you never meet them face to face.You can accomplish this through a strategic combination of providing basic essentials, fun extras, and a personal…
How to Create SOPs for Your Short Term Rental Business
The beautiful thing about a short term rental business is that you can automate yourself out of it so that it runs entirely without you. That’s when the passive income starts flooding in. That’s what cash flow is all about.This is why so many people are jumping on the STR train and having so much…
Where to Find Your First (Or Next) STR Unit
There’s no wrong time to start an STR business. I honestly and truly believe that. I don’t care whether we’re in the middle of a global pandemic and the economy has tanked, or we’re in the middle of a boom and thriving economy. The time to buy your first STR is Now O’clock. I spend…
Funding Your Biz During a Crisis
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…
Who to Talk to Before Buying Short Term Rentals
No man is an island. I don’t recommend buying a short term rental on your own without any outside advice or help. There are a lot of factors involved when it comes to deciding whether an STR is a good investment for you or not, and you’ll need several people on your team to help…