EPISODE · Mar 1, 2021 · 38 MIN
The nuts and bolts of starting your own short term rental business with Winston Perry
from The Accommodation Show - Hospitality Success Series! · host Bart Sobies
I am pumped to bring you this episode, where we will be talking about property management and short-term rentals. People think projects fail at the end, but they fail at the beginning. A lack of proper planning and clear vision will most likely doom your project to failure. Joining us today is a highly experienced Winston Perry. He lays out a clear process of property management, from point A (sourcing properties) to Z (getting them listed). He shares what you need to do to get right from the beginning. Winston is a military man, a co-founder of “YourspaceSTR” and boasts an impressive 15-year career in property management, he's definitely someone you want to be listening to. Topics we cover: Building it out, step by step guide to property management [03:28] Why every accommodation owner needs to have Facebook Marketplace in their marketing strategy arsenal [09:02] Turn-Key, Airbnb Investment Opportunities [10:12] Source, build, manage [11:29] The Art and Science of pricing [11:36] Profit margin discussion with investors [12:15] Maximizing that head to bed space ratio without compromising on functionality [21:30] STR photography is different from just finding a real estate photographer, what sets STR photography apart? [26:17] Shooting videos and taking photos better to sell the dream staycation. [26:22]. Separating duties within your staff and selecting a winning team [32:25]
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The nuts and bolts of starting your own short term rental business with Winston Perry
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