Short Term Rental Design & Management Checklist For Thriving In A Challenging Market

Black Wealth Effect

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5M ago 40:13

MP3•Maison d'episode

In this episode, Emily Belton shares her experiences and insights on running a short-term rental property management business. She emphasizes the importance of continuously learning and growing in entrepreneurship, drawing from her background as a soccer player. Emily also discusses the do's and don'ts of designing short-term rentals, the current state of the market, and the key considerations for managing properties remotely. She provides advice for those interested in starting a property management business and highlights the significance of documenting everything and knowing your rights as a short term rental business owner.

Takeaways

Running your own business and being entrepreneurial involves continuously learning and growing, drawing from various experiences and skill sets
When designing short-term rentals, it is important to consider factors such as wall art placement, incorporating greenery, and maintaining a consistent design theme throughout the property
Short-term rentals can still be profitable in the current market, but it requires being a good operator and adapting to changing trends and pricing strategies Starting a property management business for short-term rentals requires being an expert in the local area, building relationships with key members of your power team such as cleaners and maintenance personnel
Documenting everything and knowing your rights as a host are crucial for protecting yourself and resolving issues with guests

Chapters

00:00 Do's & Dont's When Designing Your Short-Term Rentals
11:15 Trends & Best Practices To Create Positive Guest Experiences
27:13 Entrepreneurship Advice for Property Management Startups
38:21 Closing Remarks and Key Insights

Connect With Emily

Instagram: https://www.instagram.com/emilybelton08/
Website: https://www.theclairco.com/
Linkedin:https://linktr.ee/Emilybelton08

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