Cash Flow Positive Part 1: Save Thousands by Doing This First Before Launching
Ever feel like launching your short-term rental is like pouring money into a black hole? Before you spend a dime on furniture or tools, you need to hear this. In this episode, Kenny Bedwell breaks down five high-impact strategies to help STR operators save thousands of dollars before even opening their doors to guests.
From leveraging partnerships with cleaning companies to understanding tax benefits, Kenny shares tactical, money-saving insights that many first-time hosts overlook. If you're launching—or even planning to launch—an STR, this episode is your financial wake-up call.
If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!
In This Episode You'll Learn:
- Why getting on your cleaning company’s preferred list can give you major discounts
- How to avoid unnecessary tool and equipment costs
- The benefits of hiring a general contractor vs. DIY
- What you need to know about state and local STR licenses
- How to leverage tax strategies to reduce your upfront expenses
- The critical importance of knowing your zoning laws before launching
- Why doing less yourself might actually save you money in the long run
- Practical real-world examples of STR operators who saved big
- And much more...
Resources:
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Disclaimer:
The views, information, or opinions expressed during this podcast are solely those of the individuals involved and do not necessarily represent those of the Cash Flow Positive podcast or its affiliates. The content provided is for informational and entertainment purposes only and is not intended to be a substitute for professional advice. We make no representations as to the accuracy, completeness, suitability, or validity of any information on this podcast and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Listeners should consult with a professional for specific advice tailored to their situation. By accessing this podcast, you acknowledge that any reliance on the content is at your own risk.