STR Pricing Tips!

[Bailey Kramer]

I often get asked how I handle pricing my properties so here's my playbook!

1. I use dynamic pricing software (Pricelabs) BUT the software isn't going to just "work magic" for you!  It's CRUCIAL that you set it up properly from the start!

2. Every Monday I check Pricelabs to see how my property is performing

3. If my properties are occupied wayyyy more than the competition, I'll increase my price.  

If my properties are occupied less than the competition, i'll decrease my price.

This takes me about 1-2 minutes/property per week!

Feel free to drop your questions and pricing tips below!