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Short Term Rental Riches

Author: Tim Hubbard

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Tim Hubbard, successful investor and CEO of a seven-figure short term rental management company shares it all. The insider tips you need to know to acquiring, operating and scaling a successful short term rental business.
358 Episodes
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Airbnb collects the full tax bill at some of our properties, none at others, and only part at the rest. Same platform, same property type, 3 different outcomes depending on the address. In this episode, we cover 4 tax layers hosts need to check, who collects each one, and the free lookup tool that pulls the report for any address. Why Airbnb might not be paying all your short-term rental taxes The 4 tax layers stacking on your property right now How Vrbo and Airbnb differ on who remits what The one rule that decides if your rental even counts as short-term The free lookup tool that pulls your full tax report from just an address Taxes will not be the most exciting item on your to-do list, but they can cost you the right to list at all. We cover the 4 layers to check, what "short-term" means in your state, and the licenses hosts miss most. Hit subscribe so you never miss an episode. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Look up your property's short-term rental taxes free: https://corzly.com/str-taxes/ 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/  
On September 15 Airbnb moves every host to a single 15.5% fee, and it doesn't stop at your nightly rate. It also hits your cleaning fee, pet fee, and extra-guest fee. In this episode, we walk through the 4 numbers to change, the exact math behind the markup, and the cleaning fee mistake our team almost missed on 1 listing. Why September 15 changes your Airbnb payout even if your listing price never moves The 4 numbers on your listing this fee actually touches The math mistake that leaves you short on every booking Why your cleaning fee just got 5x more expensive than you think The 1 setting our team almost missed when we made the switch Missing 1 of these 4 numbers means losing money on every booking until you catch it. We walk through the exact math so you only have to do it once. If this saved you a booking's worth of revenue, subscribe so the next Airbnb change doesn't catch you off guard. 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/  
A noise alert can go off at 1am and never turn into a confrontation or a bad review.  In this episode, we cover the 2 leading devices hosts use to catch loud guests early… That means where to mount each device, the decibel threshold that actually works, what a setup costs per month, and which device now catches smoke too. Which of the 2 leading noise devices can now catch smoke without a camera? The decibel range that separates a lively living room from a real problem. One mounting mistake that can cost 10 to 20 points on your noise score. What a fully integrated noise monitor costs per property every month? The exact response sequence before anyone on our team picks up the phone. Noise complaints are one of the easiest problems to prevent once the right device is in place and used correctly. If this episode helped, subscribe and leave a review. Check back next week for another episode built to help your rental run smoother. 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/  
We sit down with Matt Sanderson, founder of STRIQ, to break down how data finds profitable short-term rental properties in seconds instead of weeks. We cover the below key aspects: Why a single AirDNA number can hide $100,000 a year in missed revenue. The exact filters that clean up comp data so a 5-mile radius stops lying to you How one bedroom conversion turned a $150,000 property into a $210,000 property The 4 questions to ask yourself before you ever open a single listing Why chasing the "top 10 markets" everyone talks about might be costing you money If you are ready to stop guessing and start finding properties backed by real data, this episode gives you the exact framework to use. Subscribe to the STR Riches Podcast so you catch every new episode. 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/  
Bigger properties bring bigger groups, longer sales cycles, and guests who expect concierge-level service before they even ask... We cover pricing without a comp set, protecting a one-of-a-kind property, and why direct bookings matter even more once a single reservation hits five figures: Why a $30,000 reservation almost never gets instant-booked? What group organizers expect before they even ask? Why PriceLabs and market comps don't work on luxury properties? The real cost of a 3% credit card fee on a five-figure booking? Why a 20-bedroom turnover is nothing like a 1-bedroom turnover?   If this episode helped, subscribe and leave us an honest review. 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/  
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