Mitigate Risk and Keep Your STR Properties Safe (Ep 621)
Summary
This podcast episode discusses safety and risk mitigation in short-term rentals, highlighting the importance of guest screening and proactive property management. Hosts should be aware of potential risks like destructive guests and implement measures like thorough guest vetting and security protocols to protect their properties. The episode references a book on STR safety, providing practical advice for hosts.
Key Insights
- •The episode highlights the risk of destructive guests and the need for proactive measures to mitigate potential damages.
- •The episode stresses the need for screening tenants, including checking social media and public records, as a primary way to mitigate risk.
Action Items
- ✓Hosts should screen potential guests thoroughly, including checking social media profiles and public records.Effort: mediumImpact: high
- ✓Hosts should consider using devices that help monitor potential parties.Effort: mediumImpact: medium
Tools & Resources
- →Safe Havens, Essential Safety for Short -term Rental and Transient Rental Properties: The book 'Safe Havens, Essential Safety for Short -term Rental and Transient Rental Properties' is mentioned as a resource.
Common Mistakes
- ⚠Failing to properly screen guests can lead to property damage, potential litigation, and bad reviews.
More from Hosting Operations
An Airbnb guest was accused of damaging property and received a payment request with blurry photo evidence, highlighting potential issues with host-guest disputes. This emphasizes the importance of clear communication, proper documentation, and understanding Airbnb's resolution process for handling damage claims. Hosts should have strategies in place to protect themselves against unfair claims.
Airlines canceled over 7,000 flights due to a major blizzard hitting the Northeast, impacting 54 million people. Heavy snow and high winds are expected overnight, causing significant travel disruptions. Hosts should be aware of potential guest cancellations and adjust their strategies accordingly. Consider offering flexible cancellation policies.
RENTAL12's properties have received Booking.com's Traveller Review Awards for 2026, a significant achievement reflecting high guest satisfaction. The company also celebrates its fourth year as an Airbnb Superhost. These awards highlight the importance of consistent guest experience and platform performance in the competitive STR market.
Curated by Learn STR by GoStudioM