Starting a short-term rental business sounds like a dream—passive income, glowing reviews, and a thriving property portfolio. But before you dive into the STR game, there are critical steps to master for long-term success. This guide breaks down the five essentials: budgeting and financing, market research, choosing the right property, preparing and listing, and building a seamless management plan. From dynamic pricing strategies to standout amenities and tools like Hospitable for automation, we’ll arm you with the tips and tricks to ensure your Airbnb or VRBO stands out in a competitive market.
Keep reading the article here: https://www.biggerpockets.com/blog/5-steps-to-starting-a-short-term-rental-business
Subscribe to the BiggerPockets Channel for the best real estate investing education online!
Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
