Short Term Rental Secrets Podcast

Cohosting 101: How to Start and Scale a Sustainable STR Business | The STR Scale Show with Mike Reilly | Ep 25

11 snips
Sep 18, 2025
Discover the ins and outs of cohosting for short-term rentals, a model that minimizes upfront costs. Learn the essential three things you need before starting and how to select the right market for success. Dive into effective strategies for finding clients and scaling your portfolio. Get the lowdown on the cohost funnel, your roadmap to growth. Plus, a special giveaway awaits listeners, perfect for those ready to take their rental business to the next level!
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INSIGHT

Cohosting Defined As Full-Service Ops

  • Cohosting is delivering owner-facing services that can be full-service like property management or modular like pricing or guest messaging.
  • Run as a traditional manager: payouts, monthly reports, and handling operations while owners retain expenses and liability.
ADVICE

Use Trust Accounting With Expert Bookkeeping

  • If you accept guest funds you must run trust accounting and hire a bookkeeper experienced in short-term rentals.
  • Ask for bookkeeping help and training if you plan to hold owner payouts to avoid messy transactions.
ADVICE

Match Offer To Your Capabilities

  • Offer the level of co-hosting that fits your skills: pricing, guest communications, or full maintenance and funds management.
  • If you can't or won't manage funds, avoid accepting payouts and invoice owners instead.
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