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9 February 2025 | 12 replies
We are the most productive STR in our area and bring a lot of revenue to the little town.
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9 February 2025 | 1 reply
I learned a lot about managing an STR, specifically with revenue management and guest messaging.
13 February 2025 | 9 replies
Rents, yes 100% I do adjust billing and it is above standard tenancy rates because they are doing it for business revenue.
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18 February 2025 | 25 replies
By February, the median home value dropped 20 percent, bringing the price down to $560,000.TKL found there are now nearly 8,000 homes listed for sale in the Washington, DC metro area, and almost half of them have been put on the market in the last 30 days.The tax-collecting Internal Revenue Service is preparing to fire thousands of workers next week"***************************************************************************Comment: Save The IRS - said no one, everIn the last year of our marriage my ex wife spent $150,000 on clothes.
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12 February 2025 | 3 replies
Of course there could be some other local businesses that might would want to use or share a couple of the offices that would possibly increase revenue.
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18 February 2025 | 16 replies
A real rough back-of-the-napkin metric I use is if a Colorado property's gross annual STR revenues can equal 10% of the purchase price.
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29 January 2025 | 3 replies
What percentage of gross revenue does an owner typically keep if they do employ a property manager?
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31 January 2025 | 5 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
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9 February 2025 | 8 replies
Nightpricer is dynamic pricing software created by vacation rental managers to save time and find the nightly pricing “sweet spot” that maximizes revenue and occupancy.
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16 February 2025 | 7 replies
Alternative Revenue Streams for Unique Property Features•If your home has unique features (large backyard, pool, modern design, or open space), consider listing it on platforms like PeerSpace for event rentals, content creation, or small business use.