399. Short-Term vs. Mid-Term Rentals: Which Is Right For You?
Description
We’re excited to welcome Jon Styer, a real estate broker and owner of Styer Real Estate Professionals and Styer Hospitality Co., a short- and mid-term rental management company in Columbus, OH. Led by Jon and his wife, Sara, Styer Hospitality has grown to more than 50 doors under management in just over a year. But Jon has been in the real estate space for years before that.
In this episode, we talk about Jon’s journey from managing LTRs to STRs — and why he finally landed on mid-term rentals as his sweet spot. We discuss balancing STRs and MTRs, overcoming challenges as you grow your business, marketing strategies that pay off, and how to cultivate guest/host relationships.
If you’re considering whether mid-term rentals are right for you — or you’ve simply been curious about them — you need to hear Jon’s mic drop advice.
(00:01:08 ) #STRShareSunday: @VisitanaCollection
(00:04:57 ) How We Connected With Jon
(00:07:36 ) Jon’s Journey In Real Estate
(00:12:50 ) His Mid-Term Rental “Aha Moment”
(00:16:54 ) Balancing STRs and MTRs
(00:22:15 ) Overcoming Challenges As You Grow
(00:25:58 ) The Pros Of Becoming A Licensed Property Manager
(00:29:01 ) The Tech Solution He Can’t Live Without
(00:32:24 ) Tried And True Marketing Strategies That Work
(00:37:03 ) His Approach To Furnishing
(00:41:17 ) The Guest/Host Relationship
(00:48:07 ) How Many Properties Are Enough Properties?
Resources:
• Click here for full show notes
• #STRShareSunday: @VisitanaCollection
• Submit your property for our next #STRShareSunday at strshare.com
• Video: How To Market Your Airbnb Without Using Airbnb
• Airbnb Essentials Checklist: hostchecklist.com
Thanks for Visiting is produced by Crate Media.
Mentioned in this episode:
Superhog | Visit superhog.com/thanks-for-visiting and book your FREE demo today!
Minoan | Visit MinoanExperience.com and tell them TFV sent you!