Articles
This article details a real estate scam in Cali, Colombia, where a man lost his life savings. While not directly about STRs, it highlights the importance of due diligence when investing in international real estate and the potential risks involved.
The Baltimore City Council is considering regulating short-term rentals like Airbnb. This means potential new rules could impact how you operate your Baltimore STR. Stay informed on local regulations to ensure compliance.
The Texas Supreme Court sided with short-term renters, likely supporting the state's challenge to Austin's STR ordinance. This decision could impact local regulations for hosts in Texas and potentially other areas. Hosts should stay informed about potential legal and regulatory changes in their areas.
This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured approach to pricing and how to analyze booking data. Hosts can improve their revenue by reviewing bookings, spotting pricing signals, and making small, consistent price adjustments. Actionable steps include establishing a daily/weekly pricing routine and leveraging Market Penetration Index (MPI) for pacing analysis.
This article reports on a man receiving a 20-year sentence for shooting at an occupied home in Minneapolis. While the article itself doesn't directly mention short-term rentals, it underscores the importance of safety and security for both guests and the property, potentially highlighting the legal implications of unsafe conditions.
This episode of Get Paid For Your Pad discusses Airbnb news updates, including a study on the impact of Airbnb on New York City rents and a Homes.com study on the best and worst US cities for Airbnb profitability. The episode also features discussions on STR revenue management and CEO strategies.
This article discusses Valencia's stance on short-term rentals. Hosts should be aware of potential regulations in Valencia that might impact their ability to rent out properties with specific views.
An artist in Tribeca, NYC, lost their rent-stabilized loft and was fined $185,000 for listing it on Airbnb. Hosts should be aware of local regulations, especially concerning rent-controlled or -stabilized properties, and the potential penalties for violating them.
This article features an interview with Amiad Soto, the CEO of Guesty, a property management software. Hosts can learn about Guesty's perspective on the short-term rental industry and potentially evaluate the tool for their needs.
This article discusses the complexities of Chicago's home-sharing law two years after its implementation. It highlights that only Airbnb has a license, and hosts are finding the regulations challenging. Hosts should be aware of local regulations and ensure they comply to avoid potential issues.
This article discusses an Airbnb host in Sydney facing complaints for disturbing the peace. Hosts should be aware of local regulations and neighborly conduct to avoid fines and maintain positive relationships within the community.
This article discusses revenue management strategies for STRs, including daily and weekly pricing routines. It highlights the importance of analyzing booking behavior, identifying demand signals, and making small price adjustments. Hosts should implement these strategies to optimize pricing and increase revenue.