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Category: Finances

Episode 181: Smart Banking Solutions for your Short-Term Rentals

This week we’ll break down how we can make all of the expense tracking and banking so much easier! I’ll share with you my best practices and what I’ve learned paying hundreds of contractors, and...

Episode 170: Does Your Short-term Rental Need Additional Insurance?

In the world of long-term rentals we do a lot of screening before we put a tenant in one of our properties. We don’t want someone getting in there not taking care of the property,...

Episode 166: You’re Leaving These Items For Your Guest But Probably You Don’t Need To

As occupancy around the nation has slowed slightly (although not in all markets) we really need to consider our expenses. Afterall, we earn more if our expenses are less! There is one consumable item I...

Episode 164: Cash on Cash Returns Explained

One of the upsides to real estate investing vs. other investments, stocks for example, is that with real estate we can know when we buy a property if it’s a good investment or not. It...

Episode 141: Are you charging the correct cleaning fee?

We are currently doing hundreds of reservations a month, and something just dawned on me after looking at our cleaning fee and realizing it was likely too low...We may be losing thousands of dollars! And...

Episode 136: How Aircover Protects You

If you have had an STR for a while I’m sure you had some unexpected cleaning due to guests smoking in your listing or pets damaging your property. Not only is it frustrating when our...

Episode 129: Bathroom Maintenance Items You Will Definitely Encounter

Operating short-term rentals will give you a new appreciation for the spaces we live in. It gets us thinking more about interior design but it also has us thinking about how durable our interior design...

Episode 126: Save Time And Money Furnishing Your Property (new options)

There is quite a lot that goes into furnishing a property and I’m not just talking about the money. It takes some thought. A good design takes work and since it is such a crucial...

Episode 115: What’s Slimy And Smells (Good) But 100% Necessary For Your STR?

What’s one small thing we need in multiple rooms in our short-term rentals that is 100% necessary and can smell (good) ? Soap! Yes, what a fun subject right? Ok, while it might not be...

Episode 109: Get more repeat guest (Increase Your Revenue)

Repeat guests are great. You already know they are good guests (otherwise you wouldn’t have them back) and they can really help keep your calendar booked more consistently. Today there are lots of options to...