Ep 141 - 3 Steps to Build a 7 Figure Short Term Rental Business with Vintory Founder Brooke Pfautz
Short Term Rental Secrets Podcast
How to Calculate a Lifetime Rental Program
If you sign up a property today, and it's going to do about $50,000 in gross booking revenue, the average net net net with falls that bottom line in profit is almost always about 10% of your gross booking revenue. So as soon as you go out there signing a new property, you're making a ton of money from cash flow. The true value of your management company are those contracts and you will get a check for each and every one of those. It is 3.9 to 6 times more impactful to grow your inventory than it is to increase your marketing,. or to increase your revenue through kind of revenue management.
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