Short Term Rental Management

This week Luke is joined by Jim Stutzman! Jim is a STRM listener and fellow cornhusker who recently transitioned from having a property manager to self managing his short term rentals. Jim shares his background in being a cattle farmer and how he eventually ended up opening a brewery and owning a few vaction homes. They discuss the process of getting his listings set up on PMS, if he's happier as a self manager and more.    How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

 This week we are talking all about the pros and cons to being pet friendly! Luke is joined by two Short Term Shop agents, Stacey Lancaster and Derek Tellier. Stacey and Derek both have pet friendly and non pet friendly properties and share their experiences with pets as well as what influenced their decisions to allow them. The group also chats about addressing pets with your cleaners, wear and tear on the properties and pet friendly vs specifically dog friendly.    How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

This week Luke is joined by Margot Schmorak, CEO and Co-founder of Hostfully. Margot shares the origin story of Hostfully and its focus on supporting smaller scale property managers. They also discuss the evolution of this industry and the consolidation of PMS softwares. Margot shares some exciting news about Hostfully-Palooza, an exclusive online experience crafted to familiarize you with Hostfully's integration partners and the cutting-edge solutions they offer.      Check out Host-fully Palooza!: https://www.hostfully.com/integrations-palooza/   How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

This week Luke is joined yet again by Tim Grillot for a little pre-season sizzle. In this episode, Luke and Tim focus on the importance of staying positive and proactive as the high season quickly approaches. They emphasize waiting out the pre season jitters to avoid getting in a race to the bottom, as well as share some helpful tips on how to refresh your listings and prices this time of year.     How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

In this episode, Luke dives into the art of managing guests in vacation homes and the nuances of property management. He highlights the importance of communication, as well as understanding and sympathizing with your guests' experiences. By being proactive, communicative, and empathetic, you can ensure that your guests have a memorable stay, and you maintain a thriving rental business.     How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

Justin Ford, a short-term rental industry expert with 26 years of experience, shares his journey through safety and risk management in vacation rentals. He recounts a pivotal incident that reshaped his approach to guest safety. The discussion highlights the urgent need for regulations and awareness about fire, pool, and general safety protocols. Justin emphasizes the importance of proper safety measures, such as smoke alarms, securing furniture, and maintaining fire extinguishers, to prevent accidents and enhance guest well-being.

In this episode, Cashflow Carl discusses the topic of how many guests should be allowed in a vacation rental property. He emphasizes that there is no right or wrong answer to this question and suggests simply picking a number and adjust it later if needed. He shares his experience of being previously pet friendly, and how he knew rather quickly that method did not work for him.      How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

This week Luke is bringing you another solo episode all about what bank you should be using. He touches on why you need a virtual bank and goes through the different banking options currently available.   How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

This week Luke has a solo episode about prioritizing the most important things with your STR properties. He'll touch on refraining from spending too much on crazy amenities, not spending countless hours tweaking your website, why you need to focus on your next down payment and more.    How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

This week Luke and Tim are doing a goal setting session for the upcoming year. They discuss the importance of setting realistic goals and address the common mistake of setting unrealistic goals. They mention some of their goals for this year as well as some BHAGs (big hairy audacious goals).     How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube   For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA