Short Term Rental Riches

108. Red Flag Reservations (Bad Guests)

Dec 7, 2021
The discussion dives into the common fears of short-term rental hosts about nightmare guests. It highlights effective screening strategies to minimize risks like property damage. Listeners learn about key red flags to watch for and the importance of proactive communication. Simple steps are shared to help ensure a positive hosting experience. The episode emphasizes that while bad guests are a concern, most situations can be prevented with the right precautions.
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ADVICE

Avoid Last-Minute Booking Risks

  • Avoid accepting last-minute bookings to give yourself time to vet guests properly.
  • Use shorter booking windows and maintain reasonable prices for these bookings to reduce risks.
ADVICE

Vet Local Guest Bookings

  • Question locals booking your property about their reasons to avoid potential party risks.
  • Use house rules and guest contracts to protect your property from undesired behavior.
ADVICE

Demand Guest Communication

  • Insist on communication from guests and verify phone numbers to reduce risk.
  • Non-responsive guests or invalid phone numbers are definite red flags.
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