Property Management From Home for Short-Term Rentals

over 3 years agoScore: 75
Hosting Operations
Automation
Turnover
Team Management
Multiple Properties

Summary

This article discusses how short-term rental management can be done remotely to save money and time. It highlights the increasing demand for private accommodations and suggests leveraging remote management services, such as inspection software and property marketplaces, to streamline operations and increase profits.

Key Insights

  • The demand for private accommodations (e.g., short-term rentals) is increasing.
  • Property management fees can cost as much as 50% of your monthly rental income.

Action Items

  • Consider automating your processes to save time and money when managing your property remotely.
    Effort: medium
    Impact: medium

Tools & Resources

  • rental inspection software: Use rental inspection software with remote visual inspection tools.
  • Properly's Pro Marketplace: You can opt to book someone else remotely using Properly's Pro Marketplace.

Related News

Owner Statements 2.0: Faster, Clearer and Built for Growing Portfolios

Lodgify has released Owner Statements 2.0, promising faster and clearer reporting for property managers. This update aims to cut down manual work and improve the quality of reports shared with owners.

1 day ago75

Financial firms face rising cyber risks, data challenges

This article discusses rising cyber risks and data challenges in the financial services industry, including fraud prevention using AI. While not directly about STRs, it highlights the importance of data quality, which directly impacts the effective use of AI for risk management and decision-making for STRs.

1 day ago65
Booking.com Refunds Policy: Process and Ts & Cs Explained

Booking.com Refunds Policy: Process and Ts & Cs Explained

This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.

2 days ago78
Airbnb Account Hacked? Here’s What To Do

Airbnb Account Hacked? Here’s What To Do

This article discusses the ways Airbnb accounts can be hacked, including phishing, credential stuffing, and brute-force attacks. It emphasizes the importance of strong, unique passwords, two-factor authentication, and regular account monitoring to protect your account. Hosts should change their passwords immediately if they suspect a breach and contact Airbnb support.

2 days ago85