How We Earn Extra Income as Property Managers (Without Nickel & Diming Clients!)

Kylee & Steven - Short Term Rental ExpertsFeb 19, 202510m 17s1.0K viewsScore 85
Pricing & Profitability
intermediate
additional income
property management
design services
in-house repairs
guest fees
M

Summary

AI-generated

Learn how property managers can generate additional income by offering design and setup services, handling repairs in-house, and implementing sensible guest fees like early check-in/late checkout and pet fees. These strategies add value for clients and guests while increasing profitability.

Key insights

  • Offering design and setup services for new vacation rental properties can save clients significant time and prevent costly mistakes, leading to a better-performing rental from the start.

Mistakes to avoid

  • Failing to account for the time needed for cleaning and final inspections on same-day turnovers can lead to rushed services or the inability to offer free early check-ins or late checkouts.

Tools & resources

  • YouTube home repair channelsplatform

    Utilize YouTube for on-the-job research for home repairs, as it provides valuable content from creators specializing in home maintenance and DIY.

Frequently Asked Questions

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