VRS566 - Top 10 Foundations for a Successful Property Management Business

Vacation Rental Success

In this solo episode of the Vacation Rental Success Podcast, Heather delves into the foundations

of a strong property management business. Drawing on her 20 years of experience as a

property manager, where she made a lot of mistakes and missteps, she shares valuable insights

and lessons learned to help listeners navigate the ever-changing landscape of the short-term

rental business.‍

You’ll discover the importance of:

· Learning the Industry's History: Spoiler alert! This business didn’t start with Airbnb.

· Being Intentional with Your Niche.

· Creating a Business Plan.

· Building Key Community Relationships.

· Finding a Mentor or Consultant.

· Knowing Your Location.

· Understanding Regulations and Restrictions.

· Conducting a SWOT Analysis.

· Tracking Metrics and KPIs.

· Familiarizing Yourself with Industry Jargon.

________________________________________________________________________________________________________

Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://vacationrentalformula.com/thrive-live-webinar.

Are you listening to this podcast on the move? Get to the show notes here: https://www.vacationrentalformula.com/VRS566