Articles
This article discusses HostGPO, a buying community for rental hosts. Hosts can potentially save money by leveraging group purchasing power for supplies and services. There's no action needed based on the brief content, but hosts should be aware of cost-saving tools.
This article discusses Nectar, a marketplace that allows experienced STR operators to sell a portion of their future income to gain capital. This capital can be used to build a team, buy property, or improve existing units. Consider exploring Nectar if you need funding to expand your STR portfolio.
This article discusses the five stages of hosting, from traditional to legend, and how to identify your current stage and scale your business. It also covers revenue management strategies, including the importance of daily and weekly routines, and offers insights on the CEO's role in scaling an STR business, as well as the challenges of the "hectic host" stage.
This article discusses Pitkin County commissioners extending discussions on short-term rental regulations. Hosts with properties in Pitkin County should monitor these discussions as they may impact their ability to operate.
This article discusses the mounting opposition to a residential development moratorium in Aspen, potentially impacting short-term rentals. Hosts in Aspen should pay close attention to local regulations and any potential changes to development rules that could affect their ability to operate.
This episode of "Get Paid for Your Pad" features an interview with Tia Castle, who transitioned from masterleasing to managing short-term rentals. She discusses her experience and provides insights into finding the right market, the changes in the Florida market, and the benefits of the STR Legends community, particularly during the pandemic.
New short-term rental regulations are being considered by the legislature. Hosts in Sedona and surrounding areas should pay attention to potential changes and prepare for potential compliance requirements.
This article discusses short-term rental regulation discussions in Carbondale, likely focusing on an ordinance currently in development. Hosts in Carbondale and potentially surrounding areas should pay attention to these local regulatory changes as they are implemented. Stay informed on potential permit requirements, restrictions, and other compliance measures.
This article discusses revenue management strategies for short-term rentals, focusing on the importance of building a brand, implementing daily and weekly pricing routines, and understanding the differences between hotel and Airbnb revenue management. Hosts should prioritize consistent pricing reviews and understand booking signals to optimize revenue and avoid common pricing mistakes.
This article reports that code enforcement in Laguna Beach, CA is cracking down on illegal short-term rentals. Hosts in the area should ensure they are compliant with all local regulations to avoid penalties. Stay informed about local ordinances.
A state senator proposes legislation to limit local governments' authority over Airbnb and Vrbo rentals. This bill, if passed, would protect short-term rental operators from potentially restrictive local ordinances. The proposal aims to streamline regulations and offer consistency for hosts, potentially impacting property rights and the STR landscape.
Ford River Township in Upper Michigan is holding a public hearing regarding short-term rentals. Hosts in or considering this area should monitor local news for potential changes to regulations that could impact their ability to operate.
Lake Elsinore is limiting short-term rentals after hearing concerns from the community. Hosts in the area should stay informed about potential new regulations and ensure their rentals comply with local ordinances.
A new ordinance has taken effect in Joplin. This likely pertains to short-term rental regulations, so hosts in Joplin should be aware of the changes to remain compliant.
This episode of Get Paid For Your Pad dives into how an STR host transitioned from a "Hectic Host" to a rising star by using the Legends X STR Accelerator and implementing a management model. Hosts can learn how to build a team, delegate tasks, and design a business that allows for a better work-life balance.
This article is titled "The 'L' word" and appears in the Aspen Times. Without more context, it's impossible to know what specific issues for STR hosts are discussed, but it likely contains local news and regulations.
The Frisco Town Council approved a short-term rental excise tax ordinance on its first reading. This means new tax regulations may be coming to Frisco, Colorado. Hosts should stay informed about local regulations to ensure compliance.
This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured pricing routine. Hosts should implement daily and weekly pricing reviews, considering booking behavior and market trends to optimize revenue. The article highlights the differences between hotel and STR revenue management and the challenges STR hosts face.
Realtors in Aspen, CO are seeking an injunction to stop a short-term rental moratorium. This means potential restrictions on STRs in Aspen. Hosts in Aspen should stay informed about local regulations and any potential changes.
This Get Paid for Your Pad episode discusses how Patriot Family Homes built a successful STR business catering to military families, emphasizing the lack of inventory near military bases. The episode provides insights on business development, property selection, and building a reliable local team. Hosts can learn how to identify niche markets and build their STR business.
This article discusses the enforcement of a new short-term rental ordinance in Athens. The article explains how city administrators plan to ensure compliance with the new regulations. It emphasizes the importance of understanding the rules to avoid penalties. Learn more about local rules and regulations.
This article is a recap of the 'Get Paid For Your Pad' podcast and highlights key strategies for short-term rental hosts. Topics include revenue management routines, CEO-level focus for STR businesses, and how to improve pricing. Hosts can learn how to structure revenue management, identify business bottlenecks, and improve pricing strategies.
Carbondale, Colorado is considering new regulations and taxes on short-term rentals. Hosts in the area should monitor local news for updates to understand potential changes that could impact their operations and profitability. Staying informed is key to compliance.
This article discusses the upcoming restrictions and regulations for short-term rentals, including Airbnb, in Washington D.C. Hosts in D.C. should prepare for changes that will affect how they operate their rentals. Review the specific regulations when they are released.
This article discusses guest communication tips for Airbnb hosts, focusing on the importance of clear, visually appealing, and easy-to-digest communication, especially in the context of contactless check-ins and new Airbnb users. Hosts should consider providing both text and video options in their communication with guests to improve their experience and build a stronger connection.
This article is a year-in-review for Aspen, Colorado, likely covering key events impacting the local economy, including potential changes to the short-term rental market. Hosts in Aspen should review the article to understand how local trends and regulations could impact their business.
This article discusses grandfathering of rental restrictions within Condominiums and HOAs. Hosts should be aware of these types of regulations, as they may impact their ability to rent out their properties, or could change how existing rentals are managed.