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STR 3 - Pricing and Managing Your Short Term Rental for High ROI with Wendy Sweet

STR 3 - Pricing and Managing Your Short Term Rental for High ROI with Wendy Sweet

FromThe Short Term Rental Profits Show


STR 3 - Pricing and Managing Your Short Term Rental for High ROI with Wendy Sweet

FromThe Short Term Rental Profits Show

ratings:
Length:
26 minutes
Released:
Nov 3, 2017
Format:
Podcast episode

Description

Sites like AirBnB, HomeAway and the like are popping up and being used more than ever. Many people believe that they need to be in high traffic cities like LA, NY, Miami, etc, in order to take advantage of owning a short term rental property. Wendy Sweet, Principle of Carolina Hard Money, talks with Jason Hartman about how she's making her AirBnBs thrive out in "the middle of nowhere" and some of her pricing tips and tricks to make her short term rental profits double those of her single family long term rental properties. Key Takeaways: [1:42] Who are the AirBnB tenants in the middle of nowhere? [4:32] Wendy's strategy for putting her homes on the market [7:07] Wendy's pricing strategy for filling any vacancies, and how AirBnB helps with it [12:42] Wendy's experience experimenting with AirBnB's Smart Pricing software [15:20] The one problem guest Wendy has had so far [18:37] How technology can make being a Short Term Rental host possible from long distance, and whether Wendy is using any currently [22:28] Comparing Wendy's experience with long term vs short term rentals Website: www.CarolinaHardMoney.com
Released:
Nov 3, 2017
Format:
Podcast episode

Titles in the series (79)

Navigate the rapid rise of short term real estate investment properties with the SHORT TERM RENTAL PROFITS podcast. Airbnb and VRBO have created new opportunities for savvy income property investors to increase cash flow and maximize ROI. Listen to SHORT TERM RENTAL PROFITS and learn how to identify the best markets to invest in as each city offers unique ratios of risk and profitability. Learn how property managers can simplify the experience for investors and how you can leverage dynamic pricing to maximize revenues as seasonal demand varies throughout the year. Listen and learn how to market and advertise your property using the latest tools and learn the key differences between short term rental and residential rental strategies. Do you want to increase positive cash flow today while tapping into the short term rental market of tomorrow? Listen to the SHORT TERM RENTAL PROFITS podcast and learn key tips on how to select, purchase, and market your property. Your family’s financial freedom is just one podcast away, listen to SHORT TERM RENTAL PROFITS today.