At the same time, I want to take direct bookings from 41% to 50%.This is your friendly reminder not to rely on any single platform to run your short-term rental business.As the short-term rental space continues to get more saturated your ability to adapt and get your listing more exposure is was will keep you profitable.

I was relying on them to educate me about the company and its investment options.

*This post is informational only and is not to be relied upon.

Do not rely on it as legal advice.

If you're relying on that income to cover the cost, then you can get in some financial trouble.

The information contained in this post is not to be relied upon. 

I typically rely on external sources for experts in finance, accounting, and other areas which I simply am no expert in and am happy to rely on someone else.  

This is better than relying on insurance because it protects your personal assets from liability.

Since I don't know what I don't know, I rely on these professionals to help keep me educated, organized, and my business healthy. 

For instance, if a property worth $10 million brings in $100,000 per door, the cap rate is $100,000 divided by $10 million.To quickly size up a deal, I rely on the 1% rule: if the price is $100,000 per door, I expect to see at least $1,000 in monthly rent.