If we did, it means we need to have that hard conversation and get a new cleaning team.When we find a cleaning deficiency, we will send our inspector out more frequently in the subsequent turnovers.

You will never find a place with more spam and unscrupulous posters and tricks than in Facebook investing groups.

I am curious to use the hive mind to learn about best practices for revenue management for short-term rentals.One trick I have used is to crash prices for undesirable dates, or dates that would otherwise go un-booked.

Assuming that the property looks good then it sounds like lowering it $100 should get the trick done. 

I will say this is a strategy that is promoted on these forums frequently. 

STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.

I post frequently about the unnecessary complexities of most real estate investors asset protection structures and the point I normally emphasize is the lack of attention placed on the day to day operations that are far more critical to reducing liability exposure.

The trick to real estate is not panicking over the downturns and all the things that life throws at us.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

If it’s a subway that has a corporate guarantee and option to renew that is a much lower risk than a brand new business that has a High chance of going underWhat we see frequently is investors chase returns and ignore risks.