Short Term Rental Secrets Podcast Ep 217 - The Power of Quality and Standards with Andrew Rodriguez
Nov 25, 2024
Andrew Rodriguez, President and Co-Founder of Stay Booked, shares his journey from managing just two properties to earning $21K a month with six unique homes. He emphasizes prioritizing quality over quantity in the short-term rental market. Topics include the importance of setting strict standards, managing tough client conversations, and effective marketing strategies. Andrew also discusses navigating the challenges of regulation and building a supportive community among hosts through meet-ups and collaborations.
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Quitting to pursue STRs
- Andrew Rodriguez left his $200,000/year sales job to pursue short-term rentals.
- Despite only earning $2,000/month from two properties, his son's illness solidified the decision.
Quality over Quantity
- Quality over quantity is key in short-term rentals.
- Andrew Rodriguez earns $21,000/month with just six high-quality properties.
Setting Expectations and Standards
- Set clear expectations early and often with clients.
- Hold to your standards, even when money is tight, to ensure long-term success.