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Updated 11 months ago on . Most recent reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,154
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12,446
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How are you spending on 3rd party software?

John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Posted

How much is your annual spend on 3rd party software and apps?

ie: pricing software, listing platforms other than Vrbo and Airbnb, digital guestbooks, integration software, direct booking sites, camera subscriptions, other subscriptions etc.

Then what percentage of all this software is it of your net profits?

Just curious as there is always some other nifty piece of software with its hand out to reduce our net profits

  • John Underwood
  • Most Popular Reply

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    Ian Tyndall
    • Investor
    • Glen Allen, VA
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    Ian Tyndall
    • Investor
    • Glen Allen, VA
    Replied
    Quote from @John Underwood:
    Quote from @Ian Tyndall:

    John, 

    I am managing 3 properties and spend on the following:

    Hospitable 

    PriceLabs

    Intellihost (for click rates and pricing optimization)

    Canva

    OpenAI

    Houfy for direct websites

    How much does all these cost annually?

     Monthly rates are a mix of variable and fixed costs based on the number of properties; with three properties here is what I pay (published rates):

    Hospitable $72

    Pricelabs $50

    Intellihost $59

    Canva $14

    Open ai $10

    Houfy $11

    $216 * 12 = $2,592

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