News

This podcast episode recaps the VRMA (Vacation Rental Managers Association) conference in Orlando, highlighting the large attendance growth and positive outlook for the industry. Hosts can learn from the experiences of other managers and the value of networking and staying updated on industry tech.

This article discusses the importance of successful partnerships in the STR business, highlighting the benefits of complementary strengths and effective communication. Hosts can learn from the experiences shared by James Lucas and Ben Bledsoe who went from being busy hosts to hotelier-like efficiency by using Legends X program and other systems. Consider focusing on communication and evaluating the strengths and weaknesses of any potential partners.

This episode of "Get Paid For Your Pad" features an interview with the Head of Product at Hospitable, discussing the platform's AI-powered messaging and focus on smaller-scale hosts. Hospitable offers a user-friendly platform with an app store in development. Take advantage of their exclusive 25% discount for three months using code GPFYP.

This podcast episode details an STR host's journey, from rapid scaling to near-collapse during COVID, and then a rebound. The guest host shares valuable lessons learned in navigating market fluctuations, regulations, and financial challenges, emphasizing the importance of adaptability and risk management.

This podcast episode discusses how to structure management deals with clients. The guest shares insights on charging structures, specifically discussing the pros and cons of charging on gross versus net revenue, along with strategies for clear client communication. Hosts can learn from the speaker's experience in streamlining their management practices and client communications.

This podcast episode discusses Hostfully, a property management software (PMS) that integrates with digital guidebooks. Hosts can use the discount code "Legends" for a discount on Hostfully's PMS and guidebooks. It emphasizes the importance of dedicating time to learn the PMS for the best results, as jumping between PMS systems can be detrimental.

This podcast episode features a discussion on how to grow a short-term rental business, from flipping houses to property management to starting a fund. The guests discuss leveraging tech like ChatGPT and Yada.ai, and also emphasize the importance of setting minimum night stays based on how far in advance guests book to maximize revenue.

This podcast episode discusses how to prevent guests from smoking in your Airbnb and other potential issues like parties and noise complaints. The episode highlights the early days of Airbnb and emphasizes the importance of managing properties remotely and creating a positive relationship with neighbors. Hosts should consider methods for addressing potential problems such as noise and smoking to maintain good relationships with neighbors and avoid negative consequences.

This podcast episode introduces Baselane, a bank designed specifically for short-term rental hosts, offering features like bookkeeping, virtual accounts, and virtual debit cards. Baselane aims to simplify financial management for hosts. Consider exploring Baselane for streamlined bookkeeping and financial tracking.

This podcast episode discusses safety protocols for short-term rentals, highlighting potential hazards and the importance of preventative measures. Hosts are encouraged to assess their properties for safety risks and implement solutions like signage and safety devices to prevent accidents and mitigate potential legal issues. The episode also shares extreme examples of host liability.

This article discusses four AI tools that can boost productivity for short-term rental hosts, including Monica (an AI assistant for the internet), and Fathom (for Zoom call transcription and summarization), and Codi.ai (AI-powered training for teams). Hosts can save time and improve efficiency by adopting these AI tools, freeing up time to work on their business, not in their business.

This podcast episode details the host's journey to move to the US, highlighting the O1A visa process, the importance of in-person collaboration, and the challenges faced during the immigration process. The host offers a booking tip, as well as an announcement of a new program. Hosts can learn about the complexities of moving to a new country and the importance of planning for visa and travel requirements.

This article discusses how short-term rental hosts can achieve a better work-life balance and build a sustainable brand by focusing on essential needs rather than just wants. It promotes the Legends X program and offers free training to help hosts succeed. Consider attending the free training to improve your hosting operations.

This podcast episode explores the potential of blockchain technology in the short-term rental industry. It also provides insights on the evolution of property management systems (PMS) and offers advice on selecting the right one for your business. Hosts can learn how AI tools like ChatGPT can be used for content creation.

This podcast episode discusses a real-life carbon monoxide leak at a short-term rental property and highlights the importance of proactive safety measures. Hosts should prioritize regular safety inspections and build a support network within the STR community to protect guests and mitigate risks.

This article reviews iGMS, a vacation rental management tool. It highlights features like multi-platform synchronization, automated messaging, and team management, providing a centralized hub for managing your STR business. Consider trying iGMS to streamline your operations and take advantage of their promotional offer.

This article discusses a guest being charged £450 by an Airbnb host for a wine spill. Hosts should be aware of the potential for unexpected charges and the importance of clear communication and documentation regarding damage claims.

This article discusses the potential negative consequences of cancellations on Airbnb. Hosts should be aware of cancellation policies and how they impact their business and guest experience.