Last summer we asked the question if it makes sense to list vacant student housing apartments as short term rentals on platforms like Air BnB. The conclusion? In most cases it will probably work, but we highly recommend having a service provider partner with you as it is very management intensive and also opens the door to a lot of liability when a management company does it themselves. The service provider we recommend is Vector Travel! They do this for a ton of student housing clients and they get the challenges of introducing a transient business model to a student housing property.
With the COVID 19 pandemic causing extra vacancy in a lot of student housing markets, we wanted to bring in Vector Travel's CEO, Mickey Kropf, to talk about how the short term rental has been impacted by COVID 19 and how they can help the student housing industry turn their vacant units into short term rental income that in some cases may outpace market rents.
If you want to hear our previous episode about short term rentals, click here!
To get more information from Vector Travel and to qualify for ZERO fees on the first month of service, go to www.VectorStays.com/SHI
NMHC Conference Preview - SHI 607
There is a new Student Housing podcast! Interview with Darlene Kristensen - SHI 606
2021 Site Level to C-Suite - SHI 605
What "Lease-Up" Teaches Us About Leadership with Willie Butler - SHI 607
How Managers Can Best Prepare for Refinancing & Preview of the Interface Conference - SHI 606
Ending the Spring Semester with Strong Leasing & Transitioning to Summer Leasing - SHI 0605
New Approaches to Summer Turn - SHI 605
How Management Can Screw-up a Sale -SHI 604
Interview with ACUHO-I President Peter Galloway - SHI 0603
"Permission to Screw Up" author Kristen Hadeed - SHI0602
Goal Setting in 2021 and What's New with SHI - SHI0601
Diversity Issues Impacting the Student Housing Industry - SHI 0510
NMHC Interface Conference & Eviction - SHI0509
Creating Community & Experience During a Pandemic SHI0508
SHI 0506 - Current Diversity Events & How They May Impact Student Life This Fall
SHI 0505 - Back to the Future w/ Bryan Alexander
SHI 0503 PT 2: Leasing During a Pandemic
SHI 0504: Discussion with NMHC on COVID 19's Impact
SHI 0503 pt1 - Marketing During a Pandemic
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