Have you ever dreamed of owning a vacation property that pays for itself? In today's market, platforms like Airbnb and Vrbo have made this not only possible, but easy to execute successfully. Already own a rental property? This book can teach you how to analyze your financial performance, study your competition, and improve your guest relations to improve your profitability.You'll learn how Find a suitable property- Build a budget (including downloadable Excel sample budgets)- Prepare for rental guests- Create and maintain your online listing- Manage income and cash flowAdditional TopicsThis book also provides guides on how to earn 5-star reviews, maximize search engine optimization, deal with difficult guests, and even includes a bonus chapter on improving your real estate photography. Whether you list on Airbnb, Vrbo, Homeaway, or through a professional property manager or even your own website, the tips and tricks in this book can help you take management of your property to the next level.
This book helps to give good context, but if you are a systems thinker already, then you won't take away too much. I wish it got more specific. For example: *How much do you withdraw per month or how much do you make sure you have available for emergencies? *Smart locks were mentioned many times over, but what type of smart locks do you use? What features should we look for?