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
Already Leasing - SHI703
Breaking News - Vector Announces Guarantee Rev for Student Housing
Behind The Biz - Qira - SHI702
Fall 2022 Student Housing Conference Preview - SHI701
Behind The Biz-Vector Travel - SHI623
Gender Inclusion and the Roommate Matching Process - SHI622
From The Top 2022 - Perspectives from 3 of the top student housing CEO’s - SHI621
Mike Mouron - Profiles in Student Housing - SHI620
Interface ’22 Conference Preview w/ Rich Kelley - SHI619
How will Turn ’22 be Impacted by Supply Chain & Inflation Challenges - SHI618
Brandon Smith - Profiles in Student Housing - SHI617
Miles Orth - Profiles in Student Housing - SHI616
Reviewing Student Housing Conferences - SHI615
Navigating the NCAA’s New NIL Legislation - SHI614
Julie Bonnin - Profiles in Student Housing Series - SHI613
Winter Is Coming! Marketing & Leasing Through the Break. - SHI611
Marketing & Leasing New Developments in Student Housing - SHI611
Navigating Receivership within Student Housing - SHI610
Reputation Management in Student Housing & LeaseCon/TurnCon Preview - SHI 609
”From The Top” Perspectives From The Industry‘s Top CEO‘s - SHI 608
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