Optimizing Pricing Strategy Through Minimum Night Adjustments #realestate #cashflow
Summary
This video explains a strategy for optimizing short-term rental pricing by incrementally adjusting minimum night stays. The host details their process of starting with a seven-day minimum and gradually reducing it to five, four, and then three nights, while simultaneously increasing the rental price. This method allowed them to identify a sweet spot and achieve significant rate increases for larger properties.
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