How Much to Spend on a Renovation?

Dave Cordner Jun 6, 20220m 48s698 viewsScore 80
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Summary

AI-generated

The presenter discusses how much to spend on renovations to bring a property up to the standards of a serviced apartment or Airbnb. It ultimately depends on the condition and size of the property and replacing items that are worn to ensure that each guest feels like they are the first person to stay there.

Key insights

  • Renovating or replacing worn items can lead to good bookings and positive reviews.

Mistakes to avoid

  • Don't keep old, worn items in your short-term rental property; replace them.

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