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Updated over 6 years ago on . Most recent reply

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Ken Latchers
  • Hatfield, PA
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Short Term Rentals - Obsessions

Ken Latchers
  • Hatfield, PA
Posted

The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will always be those on the higher end of the scale. This is usually followed by "how can I collect or how can I prevent it?" 

My philosophy is ignoring everything unless it is extreme. it isn't worth the higher blood pressure or the bad review risk. 

(Others? Thoughts?) 

They're running the air conditioner  / heat too much !

They overstayed by 30 minutes. How can I clean?

They're using too much internet! ( not talking about satellite owner here) 

They using too much electricity!

They brought an extra guest! 

They did $50 worth of damage!

The place was dirty, it took me an extra hour or two!

They left me a 4-star review. Don't they understand?

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Paul Sandhu#5 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Paul Sandhu#5 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Replied

This is just a repeat of something you all know, but when I encounter situations that make other people angry, I ask them this:  Is this going to matter one year from now?  If it's not going to matter, whey get angry over it.  

There is another phrase I invented a few weeks ago.  Here it is.  When life gives you problems, find some humor in it.  If you don't, you'll still have the same problems but less humor in your life.

Here's another one my wife and I came up with.  Taxes are the penalty you pay for working.  Welfare is the reward you get for not.

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