Short Term Rental Riches

234. 46 Pricing Settings Affecting Your Short-Term Rental Performance

07 May 2024

Contributed by Lukas

In today's episode, we're unpacking a comprehensive list of factors that play a critical role in the success of your rental ventures. As someone who h...

233. Questions For Your Next Team Member (or 1st)

30 Apr 2024

Contributed by Lukas

Building a team isn't just about filling roles; it's about fostering a group that shares your vision and dedication. Today, we'll cover everything fro...

232. Delivery! Better Ways for Guests to Receive Packages at Your STR

23 Apr 2024

Contributed by Lukas

In today's episode, we're diving deep into the topic of managing deliveries at your short-term rental properties. In an era where online shopping is t...

231. Guests are Happy to Pay More For "Gap Nights"

16 Apr 2024

Contributed by Lukas

In this week's episode, we dive into a highly effective strategy for increasing your rental income and enhancing guest satisfaction simultaneously. Di...

230. People Are Giving Up: State of the Economy

09 Apr 2024

Contributed by Lukas

Hey everyone, welcome back to the Short Term Rental Riches Podcast. It's not always sunshine and rainbows, and today we're taking a serious look at th...

229. How The Best Hotels in the World Solve Their Guest Issues

02 Apr 2024

Contributed by Lukas

Today, we're peeling back the layers of what it truly means to provide an exceptional guest experience, drawing lessons from one of the most prestigio...

228. When Your Guest Doesn't Leave And Happens To Be A Felon

26 Mar 2024

Contributed by Lukas

Today's episode is a bit different and quite the rollercoaster. It's one of those stories you hope never to have to tell, but here we are, sharing a r...

227. Improve Your Writing For Rules & Policies

19 Mar 2024

Contributed by Lukas

In today's digital age, the bulk of our interactions with guests happen through written communication—be it through Airbnb messages, emails, or text...

226. Your Guest Left Something Valuable Behind And They Need It! (What To Do)

12 Mar 2024

Contributed by Lukas

In this episode of the Short Term Rental Riches Podcast, we dive deep into a common scenario every rental property owner faces: guests leaving persona...

225. Furnishing Your STR with Ease with Marc Hostovsky (Minoan)

05 Mar 2024

Contributed by Lukas

In today's episode, we're venturing into the heart of Nashville, Tennessee, for the first-ever live interview on the Short Term Rental Riches podcast,...

224. From STRs to Boutique Hotels - Expert Insights with Mike Sjogren

27 Feb 2024

Contributed by Lukas

Join us for an insightful conversation with Mike, a trailblazer in the short-term rental (STR) and boutique hotel industry, as we explore his journey ...

223. Earn $1000/night by Mastering Airbnb Booking Windows

20 Feb 2024

Contributed by Lukas

Today, we're unpacking an often overlooked but crucial aspect of STR management: booking windows. Understanding the dynamics of booking windows can si...

222. Airbnb Hosting Tips from the Cruise Industry

13 Feb 2024

Contributed by Lukas

Welcome back to another episode of the Short Term Rental Riches podcast, where we delve into the world of real estate with a sharp focus on Airbnb hos...

221. Should You Still Provide Netflix in Your Short Term Rental?

06 Feb 2024

Contributed by Lukas

In today's fast-paced world, where the click of a button brings the world to our screens, the question of whether to offer streaming services in short...

220. Six Factors that will increase Supply in Your Market

30 Jan 2024

Contributed by Lukas

In this episode, we delve into the crucial topic of increasing supply in the short-term rental market. Understanding the dynamics of supply is essenti...

219. Securing Easy Finance for Life with Jay Conner

23 Jan 2024

Contributed by Lukas

We're really grateful to Jay Conner for taking the time to share his deep insights and experiences in private lending with us. His expertise is invalu...

218. Why You Should Never Opt For A Shorter Loan Term

16 Jan 2024

Contributed by Lukas

In this episode of the Short Term Rental Riches Podcast, we dive deep into the often-debated topic of whether to choose a 15-year or a 30-year loan fo...

217. The Landlord's Guide to Mid-Term Rental Property Management (Part 3)

09 Jan 2024

Contributed by Lukas

Mid-term rentals, a unique blend between short-term stays and long-term tenancies, present a distinct set of opportunities and challenges for property...

216. 2024 Market Predictions… where should you put your money?

02 Jan 2024

Contributed by Lukas

In a world where change is the only constant, staying informed and adaptable is key to thriving in the real estate and STR sectors. 2023 was a year of...

215. Seven Signs Your STR Demand are likely to increase!

26 Dec 2023

Contributed by Lukas

In today's episode, we're exploring the undercurrents that drive demand in various markets, offering you a comprehensive guide to understanding and ca...

214. Overlooked Maintenance: Your team will not know to check

19 Dec 2023

Contributed by Lukas

In this insightful episode of our podcast, we delve deep into the world of short-term rental property management, emphasizing the crucial role of main...

213. Get More From The Best Free Tool For Market Research You Already Use

12 Dec 2023

Contributed by Lukas

Hey Real Estate Enthusiasts! Welcome back! In today's episode, we'll show you how YouTube can revolutionize your real estate research. Forget traditio...

212. Perfecting Your Mid-Term Rental Guest Screening, Payments, and Lease Agreements (Part 2)

05 Dec 2023

Contributed by Lukas

Welcome to the Short-Term Rental Riches, in this second installment of our three-part series, we focus on the critical steps you need to take after re...

211. Setting Up Your Mid-Term Rental Listing for Success (Part 1)

28 Nov 2023

Contributed by Lukas

Welcome back to the Short Term Rental Riches Podcast! In this episode, we dive into the dynamic world of medium-term rentals. Discover invaluable insi...

210. Why a Perfect Property Gets Less-Than-Perfect Reviews (and what to do about it)

21 Nov 2023

Contributed by Lukas

Have you ever been left scratching your head, wondering why guests, who seemingly had a perfect stay, end up giving a less-than-stellar review? It's a...

209. Expert Panel Insights & Pro Tips : Unlocking Short-Term Rental Success

14 Nov 2023

Contributed by Lukas

This week's episode is a special treat as I'm joined by industry experts Bill Faeth, Jasper Ribbers, Shawn Moore, and Will Slickers. Get ready for a d...

208. Enhancing Guest Experiences: Property Management Insights from France

07 Nov 2023

Contributed by Lukas

Bonjour! Welcome to another exciting episode of the Short Term Rental Riches podcast. I've just returned from my adventures in beautiful France, and i...

207. Unlocking the Art of Super Properties with Bill Faeth

31 Oct 2023

Contributed by Lukas

In today's episode, we're diving deep into the world of super properties with the incredible Bill Faeth, a real estate veteran who has mastered the ar...

206. The Rise of Easy Travel: How it Impacts Short-Term Rentals

24 Oct 2023

Contributed by Lukas

The world is becoming a more accessible place for everyone, and this is leading to a surge in travel demand. This is great news for short-term rental ...

205. Self Managing for Over A Decade - Tips from Industry Expert Luke Carl

17 Oct 2023

Contributed by Lukas

Welcome back, everyone, to the Short Term Rental Riches Podcast! We've got another exciting episode lined up for you today as we dive deep into the wo...

204. New Ways to Use AI for Your Short-Term Rental, Productivity (Part Two)

10 Oct 2023

Contributed by Lukas

Welcome back to the Short-Term Rental Riches Podcast! Every week, we're your trusted source for quick, actionable real estate tips, tailored specifica...

203. Getting more visibility for your rentals: Furnished Finder

03 Oct 2023

Contributed by Lukas

The key to success in the short-term rental business is exposure, high reservations, and maximizing your income. And one way to achieve this is by exp...

202. How to Stand Out in the Short-Term Rental Market with Shawn Moore

26 Sep 2023

Contributed by Lukas

Welcome back to the Short-Term Rental Riches podcast. In this episode, we're diving deep into the world of short-term rentals with a true industry exp...

201. Doing more with less time, Productivity (Part One)

19 Sep 2023

Contributed by Lukas

Welcome back to the show! I'm thrilled to have you here as we explore the exciting intersection of technology and short-term rentals. In today's episo...

200. My Experience Hosting 30,000 Guests and Counting

12 Sep 2023

Contributed by Lukas

Welcome to a milestone episode, #200! It's hard to believe that for almost four years, we've been sharing valuable insights about short-term rentals e...

199. Unlocking Success in Short-Term Rentals, Your Burning Questions Answered | Part 2 Q&A

05 Sep 2023

Contributed by Lukas

In this exciting episode, we're diving into Part 2 of our Q&A series, where we address your most pressing questions about the dynamic world of short-t...

198. Unraveling Decades of experience with Steve Trover

29 Aug 2023

Contributed by Lukas

Imagine getting started in the short-term rental industry over 26 years ago. Yeah, way before Airbnb even existed. How would you do your research? Wha...

197. Rapid Fire Q&A: Your STR Questions Answered

22 Aug 2023

Contributed by Lukas

We get quite a lot of questions and the topics range. I try to lump them together and create a podcast for the ones we get asked most often but I thou...

196. How Self Driving Cars will Change Real Estate Forever

15 Aug 2023

Contributed by Lukas

Join us on this week's episode of the Short-Term Rental Riches podcast as we dive into a fascinating topic that's poised to reshape the world of real ...

195. Saving your Guests from Construction Catastrophes

08 Aug 2023

Contributed by Lukas

Bang bang bang goes the nail gun from the construction project next door. And… There's not much you can do about it. That's the reality when our nei...

194. Be Careful When Doing Bigger Deals (but why they'll keep happening)

01 Aug 2023

Contributed by Lukas

Nearly every large real estate deal you see was accomplished through the efforts of more than just one person. Nearly every hotel, shopping center, la...

193. Avery Carl - Connecting Investors Across the Nation with Great Short Term Rental Investments

25 Jul 2023

Contributed by Lukas

These days there are so many resources and experts for every industry…. After spending years in the STR industry I feel very fortunate to have acces...

192. Are your Property Taxes too High?

18 Jul 2023

Contributed by Lukas

Let's face reality here… there's no getting around your property tax. You have to pay for it. But, that doesn't mean you have to pay all of it! Many...

191. How Brooke Pfautz Grew A Portfolio of 500 Properties in Just 5 Years! (And TIPS for How You Can As Well)

11 Jul 2023

Contributed by Lukas

This week we had the pleasure of interviewing Brooke Pfautz on the show. Brooke is an author and short-term rental industry expert. His experience ran...

190. 7 Ways to Avoid Failing As A Real Estate Investor

04 Jul 2023

Contributed by Lukas

We have some many great examples of businesses that have shaped the way we live today. From the invention of the first automobile to the smartphones w...

189. Your Property Scorecard: How to Measure and Improve Your Property Performance

27 Jun 2023

Contributed by Lukas

These days there are so many resources and experts for every industry. They seem to come from all directions. Some even seem to become experts overni...

188. A new source for bringing on your first team member

20 Jun 2023

Contributed by Lukas

If you're building a short-term rental business or planning on adding another property or two in the future you might find yourself getting overwhelme...

187. Property Management Fees Exposed: The Real Cost of Hiring A Manager

13 Jun 2023

Contributed by Lukas

As many of you know we recently starting managing other properties - we're really excited to bring on our new partners but as Ive been meeting with ow...

186. The Math Behind Long-Term Discounts: How to Make Sure You're Not Losing Money

06 Jun 2023

Contributed by Lukas

We would all love to have our properties 100% occupied but many times a 100% occupancy rate is a clear sign that we are not charging enough money per ...

185. Laundry Trouble? Efficient Options for your Short Term Rental

30 May 2023

Contributed by Lukas

One of the biggest components of a short-term rental is the turnover between guests and all that dirty laundry. Sometimes you can hardly tell your gue...

184. Smart Thermostats for Vacation Rentals: Easy Guest Control and Energy Savings

23 May 2023

Contributed by Lukas

"I'm going to turn the thermostat as cold as it will go." Your guest thinks to themself stepping in from the hot summer sun. Regardless whether or not...

183. How to Earn 5-Star Reviews for Your Non-Perfect Property EVERYTIME

16 May 2023

Contributed by Lukas

Even if an older, short-term rental property is not perfect in terms of its amenities or aesthetics, it can still earn perfect five-star reviews on Ai...

182. Lessons from one of the industry's leading experts (Jason Hartman)

09 May 2023

Contributed by Lukas

Before we can determine whether or not a real estate investment will be a successful one we need to first look at the bigger picture. We need to know...

181. Smart Banking Solutions for your Short Term Rentals

02 May 2023

Contributed by Lukas

If you have been investing in real estate for a while you know it has a lot of moving pieces.  Especially if you have ever remodeled a property. All...

180. Lessons from one of the industry's leading experts (Danny Rusteen "Optimize Your BNB")

25 Apr 2023

Contributed by Lukas

There is a lot to learn in the short term rental industry. The environment is constantly changing; new tools, tips, markets to look for, and best prac...

179. Lessons from one of the industry's leading experts (Jonathan Farber)

18 Apr 2023

Contributed by Lukas

There is a lot to learn in the short term rental industry. The environment is constantly changing; new tools, tips, markets to look for, and best prac...

178. A Short-Term Rental Option that Won't Break the Bank AND Earns Higher Returns

11 Apr 2023

Contributed by Lukas

When I first got started with my real estate investment career the idea of a turn-key rental always sounded enticing to me. Turn-key property = a pro...

177. How the Right Virtual Assistants Can Boost Your Short Term Rental Property Performance

04 Apr 2023

Contributed by Lukas

Your short-term rental operations don't stop the moment your guests check out. Nope.  Actually, in many ways, they are just beginning. Much like a ne...

176. How Your Virtual Assistants (or manager) Should be handling Your Short Term Rental Bookings

28 Mar 2023

Contributed by Lukas

You made it. You successfully set up and advertised your short term rental property and you are ready for your first guests. The day has finally come ...

175. What Landlords Need to Know Before Choosing a Short-Term Rental Property Manager

21 Mar 2023

Contributed by Lukas

The returns we earn on our short term rentals is a direct result of how efficiently and effectively we manage our short term rentals; there is a lot t...

174. Find out why Virtual management is the future of property management

14 Mar 2023

Contributed by Lukas

An exciting thing is happening in the real estate industry; the technology sector has finally entered and embraced this age-old industry.  Today we h...

173. Lessons from one of the industry's leading experts (Jasper Ribbers)

07 Mar 2023

Contributed by Lukas

There is a lot to learn in the short-term rental industry. The environment is constantly changing; new tools, tips, markets to look for, and best prac...

172. Enhancing your STR's curb appeal

28 Feb 2023

Contributed by Lukas

Bring a sense of wonder to your guests from the moment they set foot on your property. Just like judging a book by its cover, a guest formulates an op...

171. What to Do If Your Airbnb Gets "Shut Down"

21 Feb 2023

Contributed by Lukas

Having a highly cash flowing short-term rental is not only liberating but it's motivating. When the cash is rolling in, occupancy is staying high, and...

170. Does Your Short-term Rental Need Additional Insurance?

15 Feb 2023

Contributed by Lukas

In the world of long-term rentals we do a lot of screening before we put a tenant in one of our properties. We don't want someone getting in there not...

169. Guide to Hosting on Booking.com for Beginners

07 Feb 2023

Contributed by Lukas

When the facts change, I change my mind. What do you do sir? This was a quote I heard and has stuck with me for years since an Int'l business class I ...

168. Renting Your Property By the Hour

31 Jan 2023

Contributed by Lukas

Have you thought about renting by the hour? I know what you're thinking… Tim you have stooped too low. I'm not about to start running a brothel. Bes...

167. What Linens Should You Use For Your Bed? (and What I Use)

24 Jan 2023

Contributed by Lukas

Coziness goes a long way when it comes to guest experience in your STRs. If there is one other important thing you should consider focusing on, it wou...

166. You're Leaving These Items For Your Guests…But You Probably You Don't Need To

17 Jan 2023

Contributed by Lukas

As occupancy around the nation has slowed slightly (although not in all markets) we really need to consider our expenses. Afterall, we earn more if ou...

165. Do You Have the Right Number of Bedrooms?

10 Jan 2023

Contributed by Lukas

It's quite possible that your short term rental is not the right size. I don't necessarily mean the square footage, but more specifically the number o...

164. Cash on Cash Returns Explained

03 Jan 2023

Contributed by Lukas

One of the upsides to real estate investing vs. other investments, stocks for example, is that with real estate we can know when we buy a property if ...

163. International investment options just got WAY better

27 Dec 2022

Contributed by Lukas

What the heck is going on? If we look beyond the US borders most currencies are getting crushed against the dollar. I just got back from a 4-week Euro...

162. Dissecting Airbnbs review (from the guest side)

20 Dec 2022

Contributed by Lukas

What better way to find out exactly what Airbnb finds important than to be a guest. Shortly after you'll receive a review request asking some specific...

161. Should You Still Leave Instant Book Turned On?

13 Dec 2022

Contributed by Lukas

Do you know the one power tool that you can use to maximize your earnings and expedite the booking process, too? I am talking about Airbnb's Instant B...

160. It's Now a Buyer's Market (But Should We Buy?)

06 Dec 2022

Contributed by Lukas

Things are sounding a bit scary out there in the real estate world. Interest rates have surged, less people can afford to purchase, real estate prices...

159. How to Get Your Negative Reviews Removed

29 Nov 2022

Contributed by Lukas

It's a great world for short term rental business but it definitely is no fairy tale! There are still lots of things that can't be in our control whic...

158. Are you being lied to?

22 Nov 2022

Contributed by Lukas

I believe communication is one of the main keys to success in life. But it's more than just communication, it's honest communication. After managing t...

157. Tom Wheelwright Interview - Why We Should "Partner With The Government" (Part Two)

15 Nov 2022

Contributed by Lukas

We have an extra special guest this week that you will not want to miss! He is one of the leading authorities on taxes in the nation when it comes to ...

156. Tom Wheelwright Interview - Why We Should "Partner With The Government" (Part One)

08 Nov 2022

Contributed by Lukas

We have an extra special guest this week that you will not want to miss! He is one of the leading authorities on taxes in the nation when it comes to ...

155. The Biggest Fail You Can Make as an Airbnb Host

01 Nov 2022

Contributed by Lukas

There's one thing that will guarantee you a bad review. It's also something that you could encounter if you are not prepared! We have to always have b...

154. How to earn twice as much as your neighbor

25 Oct 2022

Contributed by Lukas

There are so many things to think about when we are getting ready to invest and start a short term rental (STR). I don't claim to know all of them but...

153. Superhost Status- Does it really change anything?

18 Oct 2022

Contributed by Lukas

We are talking about that yellow and red badge that shines bright next to your name and listing. The badge that sets you apart from the rest. The Supe...

152. Setting up your property online like a pro (Part two)

11 Oct 2022

Contributed by Lukas

If you missed last week make sure to jump back and check it out as we ran through (in a nutshell) the essential steps to getting your Airbnb ready. Ev...

151. 9 Steps to Starting your Airbnb (Part one)

04 Oct 2022

Contributed by Lukas

It can be quite a process, but it doesn't have to be. Setting up an Airbnb that is. After we have our perfect property ready to go we have to furnish ...

150. How living longer WILL affect real estate

27 Sep 2022

Contributed by Lukas

I can't believe it. This is our 150th episode! Wow, how time passes soo quickly. I thought we'd do something special and talk about a topic that's not...

149. Are you keeping your property secure? (best security camera)

20 Sep 2022

Contributed by Lukas

Camera technology has really improved over the years. That's really good news for us in the STR industry because security cameras not only help us pro...

148. Short term rentals are LESS RISKY than long term rentals

13 Sep 2022

Contributed by Lukas

One of the first things most people think of when they think of renting their property on Airbnb is "Someone is going to destroy it!"Yes, this is poss...

147. Exploring Airbnb Categories

06 Sep 2022

Contributed by Lukas

Options are always good. Unlimited options? Even better!  That is what Airbnb is offering with its latest 2022 Summer Release. When you open it, you'...

146. Is it time to renovate your property?

31 Aug 2022

Contributed by Lukas

Keeping your STR updated and contemporary will help to increase your property value and get more bookings. These types of upgrades are essential in or...

145. Upside and Downside of Alteration Requests

23 Aug 2022

Contributed by Lukas

I'm sure we all have experienced this: a guest changing his/her plans and asking you to change the date of their stay to a time that is outside of the...

144. When do the expensive markets make sense?

16 Aug 2022

Contributed by Lukas

Investment philosophies should always revolve around returns that's why we normally recommend areas of the US where the rent to value ratio (amount of...

143. Outsourcing your guest communications 24/7

09 Aug 2022

Contributed by Lukas

It's exciting hosting so many guests from all over the world in our properties. We are helping to facilitate a new way people are deciding to travel t...

142. Breezeway for scaling

02 Aug 2022

Contributed by Lukas

It's often said that "the devil is in the details." When it comes to short-term rentals, this could not be more true. One little hair could be the dif...

141. Are you charging the correct cleaning fee?

26 Jul 2022

Contributed by Lukas

We are currently doing hundreds of reservations a month, and something just dawned on me after looking at our cleaning fee and realizing it was likely...

140. Are long-term stays better? (Pros and cons)

19 Jul 2022

Contributed by Lukas

Do you know all the downsides to renting to long-term guests for stays over 30 days? If you haven't really thought it through before - there are quite...

139. Remote listings & traveling tax free

12 Jul 2022

Contributed by Lukas

What if you could travel for free? Without tax that is. Well, you likely can.   I stayed at the most remote Airbnb I've ever stayed at in my life. I ...

138. The Risks and Opportunities with Short-term Rentals

05 Jul 2022

Contributed by Lukas

I've been investing for over 12 years and have not been particularly biased to any one type of real estate to invest in. I started my career as a comm...

137. How you know you're getting scammed (Airbnb thieves)

28 Jun 2022

Contributed by Lukas

It's hard to tell at first. Something seems a little fishy but not enough to lead you to believe that someone is out to fool you. Not from the start a...

136. How Aircover Protects You

21 Jun 2022

Contributed by Lukas

If you have had an STR for a while I'm sure you had some unexpected cleaning due to guests smoking in your listing or pets damaging your property. Not...

135. Future outlook from the biggest hotel chains in the world

14 Jun 2022

Contributed by Lukas

Compared to the hotel industry, the short-term rental industry is still just a small share of the pie. Although it is growing! And not just growing bu...