Newbie Bought First STR in the Phoenix Valley

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BP Community -

I'm happy to say I just purchased my first STR in Phoenix! It's right neat the airport and very centrally located between DT Phoenix, Old Town Scottsdale, and ASU in Tempe. The property is most definitely class A with high-end finishes. We have yet to furnish it and plan to renovate the back yard to make it a mini oasis for renters.

That being said, do you have any words of wisdom or things you really wish you would've done or known after you acquired your first STR? I've been compiling a list of to-do's and to-buy's and want to throw everything into a calendar to make sure I'm chipping away at this each day.

Thanks in advance!

[Brian G.]

@Derek Hobart use a 1) channel manager for guest messaging (Your Porter, IGMS, Smartbnb, OwnerRez to name a few), 2) dynamic pricing tool (Pricelabs or Beyond Pricing), 3) digital guest guide where you can embed short instructional videos (Hostfully), 4) WiFi lock (Schlage Smart Connect w/Smart Things Hun or Schlage Encode no hub needed), camera (Ring Cam) and thermostat (Honeywell). After that you need a *great* cleaner and a couple handymen on speed dial. Stessa is great for diy STR accounting. Good luck!