People celebrate saving $25k on the buy but it’s a home they shouldnt have bought in the first place

300 views2 months ago1m 10sScore: 75

John Bianchi

Pricing & Profitability
intermediate
Profitability
Amenities
Market Research
Pricing Strategy

Summary

This video discusses that the theory of "money is made on the buy" is not as applicable to short-term rentals as it is to traditional real estate investment. STRs are more of a business than a long term rental. What sets your property apart from the competition allows you to make higher profits. The speaker shows an example of a home with amenities that are worth paying a premium for over a discounted property.