The nuts and bolts of starting your own short term rental business with Winston Perry

I am pumped to bring you this episode, where we will be talking about property management and short-term rentals.

People think projects fail at the end, but they fail at the beginning. A lack of proper planning and clear vision will most likely doom your project to failure.

Joining us today is a highly experienced Winston Perry. He lays out a clear process of property management, from point A (sourcing properties) to Z (getting them listed). He shares what you need to do to get right from the beginning. Winston is a military man, a co-founder of “YourspaceSTR” and boasts an impressive 15-year career in property management, he's definitely someone you want to be listening to.

Topics we cover:

Building it out, step by step guide to property management [03:28]

Why every accommodation owner needs to have Facebook Marketplace in their marketing strategy arsenal [09:02]

Turn-Key, Airbnb Investment Opportunities [10:12]

Source, build, manage [11:29]

The Art and Science of pricing [11:36]

Profit margin discussion with investors [12:15]

Maximizing that head to bed space ratio without compromising on functionality [21:30]

STR photography is different from just finding a real estate photographer, what sets STR photography apart? [26:17]

Shooting videos and taking photos better to sell the dream staycation. [26:22].

Separating duties within your staff and selecting a winning team [32:25]