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Rookie Reply: 6 Short-Term Rental Tips from Tony J. Robinson
Description
From time to time, Ashley and Tony both have questions they need answering. And thankfully, they both host a show with a real estate investor in complementary niches. This week, Ashley is prepping to scale her short-term rental empire, so she wants to know from Tony what his six top tips for vacation rentals would be.
Although Tony has only been hosting for a few years now, he has a sizable portfolio that was built fast and efficiently. He’s able to charge top dollar on his vacation rentals due to his management, rehabs, and pricing strategies. If you want to max out your vacation rental income, Tony is the guy to listen to!
Here are some suggestions for Ashley:
Utilize comparable data to match region-standard checkout policies, nightly pricing, and minimum stays on bookings
Find the niche that you can fill and will allow your rental to stand out
Do whatever you can to ensure the guest leaves a positive review on your property
Communicate with guests in a systematized, timely manner
And more in the episode…
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
Links from the Show
Real Estate Rookie Rookie Facebook Group
Real Estate Rookie Youtube Channel
BiggerPockets Real Estate Investing Bootcamp
Check the full show notes here: https://www.biggerpockets.com/rookie144
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