Design guide part 2: Shopping, Setup Tips for Short Term Rentals

Lydia PatelNov 15, 202228m 57s5.6K viewsScore 75
Getting Started
intermediate
STR budgeting
rental property setup
furnishing tips
shopping guide
rental supplies
M

Summary

AI-generated

Learn how to budget, shop for, and set up your short-term rental effectively. This guide covers essential steps from setting a budget and choosing where to shop to stocking supplies and conducting a final check, helping you execute your design plans within a timeframe and budget.

Key insights

  • Budgeting for a short-term rental can range from $15 to $21 per square foot, with approximately 90% allocated to furnishings and setup costs, and 10% for supplies.

Mistakes to avoid

  • Skimping on essential guest experience items like mattresses, towels, or poorly made furniture can lead to negative reviews, even if the initial cost is lower.

Tools & resources

  • Yale Smart Locktool

    Consider using a smart lock like Yale for remote code setting and temporary code generation, simplifying guest access.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial