Build Wealth and Passive Income from
Short Term Rentals in markets that make sense!

(BUT LIVE WHEREVER YOU WANT)

LISTEN & SUBSCRIBE ON:

Category: Operations

Episode 27: Building Your Remote Team Essential Steps‪‬

With recent advances in technology we can build our “remote” team easier than ever (and there are more people in the remote working “pool” than ever before). The best time to higher a new team member is before you actually need them. There are numerous aspects to managing short-term rentals but almost all of...

Episode 25: How to Increase Your Listing Exposure

An easy way to gain more exposure for your short-term rental is to go on multiple channels or OTA’s (Online Travel Agencies). However, this can create a challenge with your calendars. For example, if someone books on booking.com, how would you integrate that with Airbnb? We want to prevent double bookings at all...

Episode 24: Essential House Rules For Your STR

April 29, 2020
Operations
No Responses

We are in the business of renting to people that we do not know personally. We have reviews to go off of but do we really know who’s staying in our properties? Well, not really. “House rules”, as Airbnb refers to them, are the first step in protecting ourselves from loss of income and protecting our properties...

Episode 23: How do I automate my business using Mindomo

It’s really difficult to outsource work or automate your business without a set of instructions, or operating procedures (SOP’s). We’ll talk about a really cool little tool that can help you do all of that and make the process easier than ever. Create a visual representation of all the systems in your business so...

Episode 22: Precautions for Accepting Guests Over 30 Days

If you are accepting longer than normal reservations with your short-term rental (30+ days) you’ll want to make sure you’re protected. After thirty days a guest will become a resident and with that comes a whole bunch of extra legal exposure. In this episode Tim will talk about the quickest way to provide...

Episode 17: Years of Mistakes and What to do About Them

March 10, 2020
Operations
No Responses

We learn when we make mistakes. The more guests you accommodate the more mistakes (or learning lessons) you will likely encounter, but let’s accept that as a benefit of our industry. Tim will explain why and how you can use mistakes to grow, improve your business and make more money. The beautiful thing about the...

Episode 08: How to Price Your Short-Term Rental Perfectly – EVERYDAY!

The hotel and airline industry have been monitoring their pricing dynamically for years; every short-term rental operator should be doing the same. The supply and demand in your market changes everyday and so should your prices, but that’s a lot of work right? Not anymore. Let's dig into the basics of dynamic pricing...

Episode 07: One Amazing FREE Tool That You May Not Be Using!

Are you wondering how much you’re spending on housekeeping materials, linens etc.? Maybe you don’t like bookkeeping so you’ve gotten behind. The larger your portfolio and business gets the more you need to track and the more tedious it gets. Check out Google forms! How to use them in your short-term rental...

Episode 06: The Most Essential Automation Component!

How do you start off on the right path to automation and a passive investment with your short-term rental? You must have digital locks. With the plethora of options available today, which ones do you choose and why? Let’s discuss some options so you can decide what fits best for you. Digital locks - which one to...