Short Term Rental Riches

Platform promotions are everywhere right now, but are they actually helping your short-term rental business, or just draining your profits? In this episode, we dig into the truth behind Airbnb, VRBO, and Booking.com discounts, uncovering how they work and how you can use them strategically without sacrificing revenue. Learn how to stand out in search results without slashing your nightly rate. What You'll Learn in This Episode: • How Airbnb's early bird, last-minute, and length-of-stay discounts really impact visibility • The "new listing" discount every OTA is pushing—and whether you should use it • Why dynamic pricing tools miss these promotions and how to avoid double discounts • Booking.com's loyalty Genius Program and how it compares to Airbnb or VRBO • A pro hack using PMS channel markups to gain visibility without lowering your prices If you've been unsure about whether OTA discounts are worth it, this episode brings clarity and strategy. Learn how to work the system—without letting it work you. Don't forget to subscribe, share, and check the links below for free tools to help you scale your rental income the smart way. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Airbnb is changing the game by shifting guest service fees to hosts, and this could significantly impact your profits. Learn how to adjust your prices to maintain your earnings and stay competitive. The podcast covers essential strategies for hosts using property management systems versus those who aren't, and how to rethink cleaning fees for better market positioning. Plus, diversifying your listings and enabling direct bookings can help safeguard against future changes. Stay informed to thrive in the evolving rental landscape!

If you've ever wondered how to profit from real estate without jumping through short-term rental hoops, this episode is for you. CEO of Furnish Finder, Jeff Hurst, shares how midterm rentals are solving affordability and regulatory issues—and why they're becoming one of the hottest trends in housing. Get ready to rethink your rental strategy. • Discover how Furnish Finder is quietly dominating the 30+ day rental space—more listings than Airbnb for monthly stays! • Why midterm rentals are booming—and what tenant types are driving demand in 2025. • Jeff Hurst's insider take on why Airbnb-style platforms miss the mark on midterm stays. • How to scale profitably with less turnover, more stability, and fewer regulations. • Pro tips to price and manage midterm rentals like a pro (and avoid costly gaps). If you're serious about sustainable rental income in today's economy, this episode is a must-listen. Jeff brings deep insight from years at Expedia and VRBO, now focused on the booming midterm rental space. Share this episode, leave a review, and stay tuned for more expert strategies. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Discover the crucial signs that can help you identify problematic guests before they check in. Incomplete profiles, poor communication, and last-minute bookings are major red flags. Watch out for guests oversharing personal details or asking excessive questions, as they can indicate trouble. Pushing boundaries on house rules should raise alarms, while vague travel plans might signal unpredictable behavior. Learn how to effectively screen guests and protect your short-term rental from potential disruptions.

Are hidden Stripe fees eating into your profits? Most short-term rental hosts don't realize they're losing up to 1% on every transaction — and it's totally avoidable. In this episode, we uncover the overlooked costs tied to Stripe integrations and reveal the simple steps to keep more of your earnings. Discover how most hosts are unknowingly paying 30% more in transaction fees Learn the biggest mistake hosts make when setting up Stripe (and how to fix it!) Understand the sneaky "application fee" your PMS might be charging you Get the inside scoop on ChargeAutomation and other gateway alternatives Hear battle-tested tips for winning chargeback disputes and staying protected Get ready to rethink how you collect payments and unlock real savings on every booking. Still using Stripe the default way? This episode could save you thousands. Don't let Stripe fees quietly drain your short-term rental profits. With the right setup and tools, you can save big while keeping full control over your payments. If today's episode helped, be sure to subscribe, share, and explore our free tools and expert management services to scale smarter. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Discount requests from guests are inevitable, even when your pricing is perfectly optimized. But how you handle them can make or break your rental's profitability. In this episode, we're diving into the psychology behind discount requests, how to respond with confidence, and when—if ever—you should say yes. 5 Key Takeaways: Why guests really ask for discounts and how cultural norms may influence their behavior. The one scenario where offering a discount might make sense (and when it doesn't). 5 crucial considerations before you ever offer a discounted rate—including a warning on guest quality. Alternatives to discounts that can still delight guests (without slashing your profits). How to professionally respond to discount requests using pre-set rules, empathy, and AI tools like ChatGPT. Discounts don't have to be the norm—and they shouldn't be. With a clear strategy, professional responses, and a little confidence, you can keep your pricing intact while still giving guests a great experience. Don't forget to subscribe and share if this helped clarify your approach! Resource Links: Download the Growth Handbook: https://strriches.com/growth-blueprint/ Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

Discover Airbnb's new Guest Favorite Badge and how it replaces the Superhost filter. Learn the four essential requirements to qualify, including the often-overlooked one. Explore how earning this badge can significantly enhance your listing's visibility and boost bookings. Delve into the exclusive perks for top-performing listings and why single-property hosts have an advantage. Get practical tips to improve your chances, like focusing on review quality and adjusting stay policies. Make sure your listing stands out in a crowded market!

Unlock the secrets to seamless guest check-ins with the must-have features of a smart lock. Discover why wifi memory is crucial and why you can't rely solely on Airbnb integration. Explore the top smart lock brands that have stood the test of time with thousands of guests. Learn about automation tools like RemoteLock that simplify guest access. Plus, don’t miss the essential backup entry plan to save you from tech hiccups. Make your rental experience smooth for both you and your guests!

Scams in the short-term rental world are more common and damaging than ever. From copycat listings to payment loopholes, both hosts and guests are getting hit. In this eye-opening episode, we uncover the 7 most frequent STR scams and share the steps you can take right now to protect your business and your peace of mind. The copycat Craigslist scam (happened to us personally) Booking.com payment loopholes that cost you money Chargeback fraud from guests who actually stayed Stolen credit card bookings The dirty linens scam Cleanliness fraud (they use your place, then demand refunds) Third-party squatters who sublet your property Whether you're new to hosting or have hundreds of bookings under your belt, scam-proofing your short-term rental is no longer optional. Use these insights and practical tips to stay a step ahead. If you found value in this episode, don't forget to share, subscribe, and explore our bonus resources below.

A powerful new bill has changed the game for short-term rental investors. If you're looking to reduce your tax bill and increase your ROI, now is the time to act. In this episode, we reveal how 100% bonus depreciation can work in your favor—and how to qualify for it even without being a full-time host. • The little-known IRS rule that could unlock massive tax deductions in year one. • Two surprising ways to "materially participate" (without being a hands-on landlord). • A strategy that turns your property setup time into a long-term tax advantage. • Why traditional STR management might be holding you back financially. • What smart investors are doing right now to stack tax savings for years to come. If you're earning a high income and want to reduce your taxes legally, this episode could be your biggest tax-saving opportunity yet. Don't miss out—your future self (and CPA) will thank you. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/