The Short Term Show Solving Small Problems with Big Solutions with Johnny Duray
Johnny Duray is both a veteran and an expert in the short-term rental sphere. He has a mastery of handling his properties with the necessary expertise and finesse to elevate his potential and his success. With rentals across two markets, Johnny has worked with a range of mortgage options, property types and has navigated setbacks and found long-term solutions for many of the problems that fellow STR property owners face.
Avery speaks with Johnny about everything from managing properties with swimming pools to the inner workings of VA loans. They speak about everything ranging from how to manage staff and making sure that you hire the right people to the difficulties of firing people who are not a good fit. They also discuss how to solve big problems with small fixes, and the value of putting a bit of money down to bolster your reviews and satisfaction of your customers. Amongst other topics, Johnny shares his immense wisdom in how to manage your business and constantly bolster your rentals to their utmost potential.
Key Topics
- STR mortgaging strategies
- How to enter the STR world with 0% down
- Intricacies of VA loans
- Determining the right location
- Perks/downsides of having a pool
- Importance of having good people on your team
- Challenges of firing staff
- Knowing a good deal from a bad one
- Importance of not getting intimidated
- How to solve big problems with small fixes
- How STR is like a small business
- Tips for constantly improving your business
The Short Term Shop University