Short Term Rental Management Managing 80+ Units In A Small Seasonal Beach Town
In this episode, Luke is joined by Allison Bayley, a property manager from Scarborough, Maine. Allison, at just 21 years old, co-founded a property management company with her mother in 2018. Allison shared insights into the unique market of Scarborough, a beach town that thrives for two months in the summer but becomes a "ghost town" during the off-season. They also discussed the strategies her company uses to maximize revenue during the short season, including dynamic pricing and providing a full-service experience to guests.
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For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties