AVOID These Airbnb Location Mistakes (Or Lose Money!) | Jason Muth
Description
In this episode, We dive into the crucial role of location in short-term rental success. From being close to key attractions like beaches and national parks to considering the charm of quieter residential neighborhoods, I’ll walk you through the factors that can make or break your rental’s performance.
I also share my experiences hosting in Provincetown, Massachusetts, and offer practical tips for enhancing the value of your property—whether it's upgrading amenities, marketing hidden gems in your area, or catering to your guests' specific needs. Tune in to learn how to unlock the full potential of your short-term rental through the power of location!
Things discussed in this episode:
- The importance of location in short-term rentals and how it can impact rental performance.
- How location affects the value and rental rates of properties, particularly lakefront and beachfront properties.
- The benefits and potential drawbacks of being in prime locations, such as near beaches or lakes.
- Considerations for choosing the right location when purchasing a new short-term rental property.
- The impact of neighborhood and community culture on the success of short-term rentals.
- Strategies for promoting lesser-known local attractions and unique features of an area.
- The importance of upgrading the property's own amenities and experiences to enhance the guest experience.
- The use of great photography and accurate marketing to highlight a property's location and proximity to attractions.
- Understanding the target market and catering to their specific needs and preferences.
- Leveraging a property's proximity to popular destinations by positioning it as a "base camp" for day trips and activities.
Get in touch with Jason:
Facebook - https://www.facebook.com/jasonmuth
Linkedin - https://www.linkedin.com/in/jasonmuth/
Website - https://www.smartstayshow.com/ https://www.straightforwardstrs.com/ https://prideawaystays.com/
#SmartStayShow #realestate #realestateinvestor #realestateagent #RealEstateInvesting #AirbnbHostTips #AirbnbSuperhost #ShortTermRentalSuccess #ShortTermRentals #LocationMatters #AirbnbHosting #PropertyInvesting #VacationRentals #CommunityDynamics #GuestExperience #MarketingTips #TargetMarket #DestinationTravel
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This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
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SmartStay Show is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!