Saying goodbye to our Scottsdale Airbnb after 7 years

Kylee & Steven - Short Term Rental ExpertsAug 19, 202611m 18s960 viewsScore 82
Pricing & Profitability
intermediate
Profitability
Multiple Properties
Local Regulations
Cleaning Systems
Maintenance
M

Summary

AI-generated

Kylee and Steven reflect on selling their foundation Scottsdale property after seven years. They discuss the shift from a 'quantity-over-quality' growth mindset to a more selective approach, the evolution of the Scottsdale market from wide open to ultra-competitive, and the tactical challenges of selling a fully furnished STR.

Key insights

  • Success isn't necessarily owning the most properties possible; it's more impactful to be selective and say no to more deals to focus on high-performing assets.

Mistakes to avoid

  • Assuming a property that performed well in 2019 will continue to do so without significant capital upgrades as market expectations rise.

Tools & resources

  • Breezewaytool

    Used for managing cleaning tasks and communicating with turnover staff.

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