News

This article emphasizes the importance of building a strong brand identity beyond just aesthetics in the competitive STR market. Hosts need to define their emotional promise to guests and align their entire guest experience to build loyalty and stand out from the competition.

This BiggerPockets article discusses the current real estate market correction and its implications for real estate investors. Hosts should understand that market corrections are normal and adjust their investment strategies accordingly, as they can lead to opportunities for profitable deals during a downturn and potential for increased equity and rent income later.

This article discusses the cooling down of the short-term rental market in Joshua Tree. Hosts should be aware of changing market dynamics in popular destinations and adapt their strategies to maintain profitability.

This Business Insider article discusses three key questions a profitable Airbnb host asks before investing in a short-term rental property. Hosts should carefully consider these questions when evaluating potential properties to maximize their investment and profitability.

The desert rental market is experiencing a downturn, according to this article. Hosts in desert locations should be aware of this potential market shift. Further investigation into local market conditions is recommended.

A San Diego City Council Committee is considering a new tax on vacation rentals and second homes. Hosts in San Diego should stay informed about potential new tax regulations that could impact their profitability and operations. Further details about the proposed tax are needed to assess the impact.

New Franklin is proposing a short-term rental ordinance. Hosts in the New Franklin area should familiarize themselves with the proposed regulations as they may impact their ability to operate.

Sausalito is preparing to enforce its ban on short-term rentals. Hosts in Sausalito need to be aware of the upcoming enforcement to avoid potential penalties.

This article discusses the opportunity for Dallas Airbnb owners to capitalize on the upcoming World Cup by renting out their homes. Hosts should consider preparing their properties for potential guests and understanding local regulations to maximize their earnings.

San Diego has received millions to convert short-term rentals into housing for the homeless. This is a potential shift in the local market that could impact STR availability and pricing in San Diego. Hosts should monitor local news for similar initiatives in their areas.

Virtual staging is becoming increasingly sophisticated with AI, allowing investors to market properties more effectively. Hosts should consider using virtual staging for vacant or poorly furnished properties, but be sure to be transparent and show "as-is" images. Over-reliance on virtual staging could lead to guest disappointment.

This article emphasizes the importance of using bookkeeping software for rental properties to save time, reduce stress, and avoid common accounting mistakes. Hosts should consider automating their accounting process with tools like TurboTenant to streamline tax preparation and make better financial decisions.

The U.S. government shutdown is impacting the real estate market, potentially affecting rental payments and causing delays in housing programs. Hosts in states like Florida, which rely heavily on real estate, should prepare for potential disruptions and understand their rights regarding Section 8 tenants.

This article, from the BiggerPockets Blog, is about a real estate investor's journey from burnout to financial freedom. The investor learned from a costly mistake and shifted focus from amassing properties to the quality of deals. Hosts can learn from her experience to avoid burnout and focus on the profitability of their STRs.

This article discusses the increased risk in the current real estate market and how investors can navigate it. It highlights the importance of managing risks like vacancy and potential property price declines, while also finding opportunities for discounted deals.

A proposed cap on the number of occupants in short-term rentals in Hilton Head was rejected. This outcome is important for hosts in the area as it impacts potential occupancy and revenue.

A San Diego City Council committee is moving forward with a tax on 'vacation homes.' Hosts in San Diego should stay informed about the potential new tax to understand its implications on their profitability and operations.

The City Council in Palm Springs, CA, is maintaining a 36-contract cap for older vacation rental permits due to falling rental numbers. This means hosts with older permits must continue to operate within this limit. Hosts should familiarize themselves with local regulations to ensure they are in compliance.

The city of Placentia has banned Airbnb rentals, which may impact property owners' rights. Hosts with properties in Placentia should familiarize themselves with the new regulations and determine how this impacts their ability to rent their properties.

San Diego's proposed short-term rental tax has cleared its first hurdle. Hosts in San Diego should stay informed about the tax's progress to understand potential financial impacts.