How to Use STRs to Profit in a Softening Economy

86 viewsover 7 years ago3m 2sScore: 75

Al Williamson - LeadingLandlord

Pricing & Profitability
intermediate
Profitability
Pricing Strategy
Revenue Management
Occupancy
Arbitrage

Summary

This video discusses how a softening economy can impact short-term rentals and suggests strategies hosts can use to pivot their STR strategies to continue to profit. The host stresses the importance of using a rental arbitrage model, being cautious in expansion during a softening market, and shifting towards more recession-proof housing like military, travel nursing, or temporary housing.