Other cities in the area have, or will be implementing more rules about STR's. 

Enhanced Safety and Cleanliness: Implementing rigorous cleaning protocols, emphasizing hygiene, and adhering to local health guidelines will help build trust and attract guests.Embracing Technology also helps; automated booking systems, smart home technologies, and data analytics to for insights into guest preferences. 

There are new new fire inspection rules that were just implemented this year which is probably why you got charged for it.

If we can save you 30k on your taxes via implementing these strategies, that is a 15x return on your 2k cost, since you are now not paying that to the government.

So if the laws in your market also allow the loopholes I mentioned there’s no reason it can’t be easily implemented on both major platforms.

Posts were recent - the user community is active and the OwnerRez team has a dedicated admin monitor that answers questions promptly, takes suggestions to the company's product development team where they're implemented if deemed usefull.

Hi @Michael Morelli, we’ve also seen a reduction of booking and viewings over the last year in Cincinnati, OH due to increased inventory.What we have done is look at the competition, implement a more robust pricing strategy, and our most effective is to agitate the listing as often as possible!

This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?

There are three parts to every successful tax strategy: (1) Strategy, (2) Implementation and (3) Compliance.

This comprehensive guide is designed to provide you with all the essential information you need to fully understand and successfully implement the BRRRR strategy.