This is the exact advice I gave my best friend!
Summary
For hosts looking to start an STR business with little to no money, the speaker suggests two strategies: start by acquiring property management contracts to gain experience and manage someone else's property for a percentage of the revenue, and then rent out a 2-bedroom unit and rent out the other room to build skills in cleaning, messaging guests, using software, and pricing; or rent a 1-bedroom apartment for use as a short-term rental to build skills in STR property management.
More from Getting Started
Airbnb is incentivizing new hosts with a $750 bonus during the World Cup. This move aims to boost supply and meet the anticipated surge in demand during the event. New hosts should seize the opportunity to capitalize on the increased travel influx by listing their properties.
This article from Hotel Dive suggests that hotels may be missing early signals in vacation rental demand. While the specific details are missing, the article implies a shifting landscape in travel accommodations, potentially highlighting the need for hotels to adapt and the opportunities for short-term rental hosts to capitalize on. This could be relevant for hosts looking to understand the broader market.
Global travel momentum stalled in February 2026, with the Skift Travel Health Index flatlining. The industry, initially expecting 5% growth, now faces challenges as conflict reshapes travel patterns. Hosts should monitor regional shifts and anticipate potential impacts on demand for their properties.
Curated by Learn STR by GoStudioM