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
Data reveals over 115,000 short-stay assets were recorded in 2025. This significant figure underscores the continued growth of the short-term rental market. Hosts should understand this data to stay informed about market trends and potential competition.
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
Curated by Learn STR by GoStudioM