Cash Flow Positive Part 1: How to Be a Good STR Neighbor
What does it truly mean to be a good neighbor in the short-term rental industry? In this solo episode of Cash Flow Positive, host Kenny Bedwell explores the key principles of being a responsible and engaged STR owner. From fostering positive relationships with neighbors to actively participating in your local and online communities, Kenny shares actionable insights to help you build a sustainable and successful business.
Kenny emphasizes the importance of guest vetting to minimize issues, staying informed about local regulations to protect your investments, and contributing to the broader STR community to support other hosts and gain valuable insights.
He also discusses how small actions, like maintaining your property’s appearance and building trust with nearby residents, can make a big difference in avoiding conflict and ensuring long-term success. Whether you’re an established host or just starting, this episode offers practical tips to elevate your STR game while creating harmony in your community. Enjoy!
In This Episode You'll Learn:
- Why being a good neighbor goes beyond running a clean and quiet rental
- How to stay actively involved in your community, even from out of state
- The importance of having an abundant mindset and sharing knowledge with others
- Simple ways to build positive relationships with neighbors and gain their trust
- Practical strategies for guest vetting and maintaining property standards
- And much more…
Resources:
Connect with Kenny on LinkedIn