Thanks For Visiting 499. 5 End-of-Year Steps to Boost Your Short-Term Rental Success in 2026
8 snips
Sep 18, 2025 As the year winds down, the hosts emphasize the importance of proactive planning for short-term rental success in 2026. They share strategies like reviewing quarterly revenue to identify strengths and weaknesses, and the necessity of consulting financial experts for tax prep. Auditing the tech used can also save costs and enhance efficiency. Upgrading properties to improve guest experiences and scheduling deep cleans are essential too. The key takeaway? Act now, pivot intentionally, and prepare for a prosperous year ahead!
AI Snips
Chapters
Transcript
Episode notes
Measure Performance With RevPAR
- Review each property's monthly ADR, occupancy, and calculate RevPAR to understand real performance.
- Use quarter-by-quarter analysis to identify best and worst performers and set realistic 2026 goals.
Fix Slow Seasons With Midterm Strategy
- Plan now for slow-season strategies like midterm rentals instead of panicking and dropping price.
- Start implementing outreach and tenant placement in October-November so midterm stays begin in January.
Get Ahead With Your Financial Team
- Schedule meetings with your accountant now (May and October) to review bookkeeping, write-offs, and CapEx categorization.
- Prepare vendor W-9s and 1099 info ahead of January to avoid last-minute scramble.