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Updated over 3 years ago,
STR Strategies and Successful Returns
Hey BP,
I have a handful of rentals and decided in February to try short term rentals. I rehabbed a property with this in mind and it went live May 29th. Its been a month and its absolutely crushing it. At first, bookings flooded in and we didn't have a single day of vacancy in all of June. The price was set a bit lower to fill the home up and get a handful of 5-star reviews which we did.
As I look at my calendar now, I see most of July is booked up but come August 1st, its pretty empty. I'm still playing with my pricing tool to find the sweet spot, but hearing what other people have to say would be great as well.
Is an airbnb that's not booked out 30+ days in the future worrisome to anyone, or is this the norm? And I know its busy season now, but should I expect different results come September / October?
https://www.airbnb.com/rooms/3...
Thanks,
Matt