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
SHI 0503 pt1 - Marketing During a Pandemic
SHI 0503 - COVID-19's Impact on Student Housing
SHI 0503 - Interface Conference Preview with Rich Kelley
SHI 0502 - 2 Approaches to Student Housing w/ Eddie Moreno & Brad Hastings
SHI 0501 - From Site Level to Supply Side
SHI 0500 - What's on Deck for 2020
Behind The Biz with SimpleBills
SHI 0418 - The Power of Storytelling
SHI 0418 - It's a Real Animal House
SHI 0417 - Bridges or Fences?
SHI 0416 - Rearview Mirrors & Windshields
0415 - Mindset over Market (Willie Butler)
SHI 0414 - Managing a Growing Student Housing Portfolio in 2019
SHI 0413 - Mental Health & Campus Resources
SHI 0412 - NMHC Conf Preview
SHI 0411 - SHI News and LeaseCon 2019
SHI 0410 - Student Housing & Short Term Rental Market
Behind the Biz with uForis
SHI 0409 - The TRUE Cost of the Resident Experience
SHI 0408 - Finish Strong
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