Mack Owen’s 7-Year STR Journey in Seattle

Mack Owen’s 7-Year STR Journey in Seattle

about 5 years agoSeattle, WAScore: 75
Hosting Operations
Multiple Properties
Market Research
Team Management
Corporate Housing

Summary

This article discusses Mack Owen's 7-year journey in Seattle's STR market, including his transition to 30-day stays and insights gained from the STR Legends community. Hosts can learn from his experience adapting to regulations and market changes, and consider networking for support.

Key Insights

  • Mack Owen started in 2013 and scaled to 100 units before regulations impacted his business, prompting a pivot.
  • In response to the pandemic, Mack shifted to 30-day stays and downsized to 30 units.

Action Items

  • Consider networking with other hosts to navigate market changes and regulations.
    Effort: low
    Impact: medium
  • Evaluate your current business model and identify the need to adjust based on current circumstances.
    Effort: medium
    Impact: high

Tools & Resources

  • STR Legends: Mack mentions the STR Legends community helped him get through the Coronavirus crisis.