I think if anyone chose to focus on inbound crews and create parking like you said, as well as crew amenities (large dining areas, etc), they would be booked year-round and in-demand.

But then they'll also be dealing with declining customers who can get approved.

-Creates a solid foundation for passive income, allowing you to reinvest future cash flow into other opportunities without as much financial risk.Cons:-Ties up a large amount of capital that could potentially be used to generate higher returns elsewhere (like another STR or other investments).

To have standardized increases would either take money out of your pocket or create turnover.

I always insist that every opportunity for additional income should be explored.By implementing these strategies, property owners can maximize unit potential and create a more profitable investment.

That’s a moment I can’t wait to create for myself Hi anderon!

COVID created a chaotic spike in both the sale & rental markets, attracting even more new real estate investors.

I recommend reading the book traction and following EOS - they have a one page business plan that is awesome to follow. any planner can work it's a matter of creating the plan and how to monitor and follow through with it which eos teaches

This change has helped generate more bookings, but it comes with a trade-off: guests booking single nights on Fridays or Saturdays might prevent full weekend bookings.Lowered PricesWe’re utilizing PriceLabs for dynamic pricing and have reduced our rates to stay competitive during the off-season.Listed on Furnished FinderWe created a Furnished Finder account to target mid-term stays, which I hoped would solve our slow-season problem.

Then you have a whole new house with additional equity you created perhaps then you can get a heloc on that home if you cannot refinance it.Talk to lenders about your plan before so you can make sure it will work with you.