🏠3 Top Short Term Rental Opportunities + News & HowTo's | #031

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Today’s Insights

• Top Investment Properties

• Knowledge Rundown: 3 Part Series on Optimizing Your Airbnb for Long-Term Success - Part 2: Creating a Seamless Check-In Experience

• Hot News: The Midwest ZIP Code That Has Charged 0% Property Tax for 37 Years

• Productivity: 5 Short Term Rental Tools to boost your productivity for Navigating the Business Side of Short Term Rentals.

New Releases

617 W Main Street, Sumner, WA 98390

Welcome to 617 W Main in Downtown Sumner, within walking distance from shops, schools, and the train station! The beautiful craftsman home sits on half an acre overlooking the Puyallup River! Imagine waking up and enjoying your morning listening to the peaceful sounds of birds and the slow passing by of the river. 617 is tastefully remodeled with timeless finishes that won't scream cookie-cutter. The home even has a hidden door. Can you find it? The kitchen boasts butcher block countertops, a farmhouse sink, and river rock backsplash. Off the Kitchen is a utility room, dedicated dining nook, with a view overlooking the river. In addition the home has a fully fenced yard with a small patio for entertaining and 2 car driveway to the right.

🏠Quick Stats:

• $525,000

• 4 BR / 2 BA

• 1,488 sq/ft

💰Projections:

• Average Daily Rate: $282

• Occupancy Rate: 53%

• Projected Revenue: $54,800/yr

• Projected Operating Expenses: $17,600/yr

• Projected Net Operating Income: $37,200/yr

• Projected Gross Yield: 10.4%

Price Reduction

7795 Sunset Rd, Joshua Tree, CA 92252

Welcome to your desert oasis! Nestled in a tranquil residential neighborhood, this stylish and inviting home offers an unparalleled lifestyle for your next chapter. As you step inside, you'll immediately feel at home in the welcoming ambiance of this thoughtfully designed space. The interior exudes modern charm and comfort, featuring an open layout that seamlessly connects the living, dining, and kitchen areas. Natural light floods the space, enhancing the warm and inviting atmosphere. The kitchen is a haven for culinary enthusiasts, complete with brand new appliances, ample counter space, and all the essentials you need to whip up delicious meals. Whether you're savoring a quiet breakfast or preparing a feast for your group, this kitchen is your culinary playground. Venture outside to discover the true essence of this remarkable property. The backyard is a haven for relaxation and entertainment, featuring an above-ground pool that beckons you to take a refreshing dip on sunny days. The Jacuzzi offers the perfect spot to unwind under the stars, soaking away your cares as you gaze at the desert sky. Each room in the house is equipped with it's own in-wall AC unit to maximize cooling and heating efficiency. The garage has been transformed into a game room, possible for any entertainment options. Challenge your companions to a game of pool, indulge in board games, or anything you desire. As the sun sets, gather around the fire pit in the backyard for cozy evenings spent sharing stories and roasting marshmallows. Beyond the comforts of this home, the location is a true highlight. Situated close to the renowned Joshua Tree National Park, outdoor enthusiasts will delight in easy access to hiking trails, scenic landscapes, and captivating desert vistas. Whether you seek adventure or peaceful escape, this home promises an extraordinary lifestyle. Experience the allure of the desert with this property.

🏠Quick Stats:

• $668,000

• 4 BR / 2 BA

• 1,796 sq/ft

💰Projections:

• Average Daily Rate: $432

• Occupancy Rate: 51%

• Projected Revenue: $80,500/yr

• Projected Operating Expenses: $27,300/yr

• Projected Net Operating Income: $53,200/yr

• Projected Gross Yield: 12.1%

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Over 90 Days + Price Reduction

6664 CABELLO Drive, Jacksonville, FL 32226

Welcome to your dream home in the highly sought-after Shell Bay neighborhood on Heckscher Drive! This stunning all-brick residence offers a perfect blend of comfort and elegance, featuring 4 spacious bedrooms and 4 full baths. With a versatile bonus room that can easily serve as a 5th bedroom, this home is ideal for growing families or those who love to entertain guests. Step inside and be greeted by a well-maintained interior boasting beautiful tile floors and a great floor plan that seamlessly connects the living spaces. The heart of the home, the kitchen, is a chef's delight with 42'' maple cabinets, a large pantry, and ample counter space for all your culinary creations. Enjoy endless summer fun in the screen-enclosed, solar-heated pool, perfect for both relaxation and entertaining. The backyard is a true oasis with pavers leading to a utility shed and a designated parking area for your boat, ensuring both convenience and style. Rest easy knowing the roof is just 5 years old, providing peace of mind and added value to this exquisite home. Schedule your showing today and start living the lifestyle you've always dreamed of!

🏠Quick Stats:

• $599,000

• 4 BR / 4 BA

• 3,043 sq/ft

💰Projections:

• Average Daily Rate: $557

• Occupancy Rate: 46%

• Projected Revenue: $94,500/yr

• Projected Operating Expenses: $29,900/yr

• Projected Net Operating Income: $64,600/yr

• Projected Gross Yield: 15.8%

Knowledge Rundown

Optimizing Your Airbnb for Long-Term Success

Part 2: Creating a Seamless Check-In Experience

The First Impression That Lasts

Alright, Airbnb hosts extraordinaire, let’s talk about check-ins. This is the moment where your guests’ experience really begins – the transition from “potentially great” to “actually great.” A seamless check-in sets the tone for their entire stay, making them feel welcome, stress-free, and confident that they chose the right place. It’s like the opening scene of a movie – get it right, and your guests are hooked. Get it wrong, and, well, let’s just say things could go downhill fast. So how do you nail the check-in process? Let’s dive in.

Self-Check-In: Flexibility Is King

First up: self-check-in. In today’s fast-paced world, guests want flexibility. They don’t want to worry about arriving by a specific time to meet someone with a key. They want to stroll in whenever they arrive – whether that’s 2 p.m. or 2 a.m. – and get settled right away. Enter the magic of self-check-in.

The key to self-check-in is, well, the key. Or rather, the lack of it. Smart locks are your best friend here. They allow guests to enter with a unique code, eliminating the need for physical keys altogether. No more lost keys, no more late-night handoffs, no more frantic phone calls from guests who locked themselves out. Smart locks are a win-win – they’re convenient for guests and make your life easier, too.

Another great option is a lockbox. If you’re not ready to go full-on smart home, a simple lockbox with a combination code can do the trick. Just make sure it’s easy to find and access – no one wants to fumble around in the dark trying to open a lockbox with a tiny flashlight.

The Perfect Check-In Guide: Clear, Simple, and Friendly

Alright, so your guests can get in the door – now what? The next step is making sure they know exactly what to do from the moment they arrive. This is where your check-in guide comes into play. A good check-in guide is like having a friendly local show you around without actually being there.

Start with the basics: how to get into the property, how to connect to the Wi-Fi, where to find the essentials (like the thermostat, coffee maker, and TV remote), and any other need-to-know info. But don’t just write a dry list of instructions – add a little personality. This is your chance to set the tone for their stay.

Include photos or even a short video walkthrough to make things super clear. Show them how to work the tricky door lock or where the light switches are. The more you can anticipate and answer their questions upfront, the fewer frantic texts you’ll get later on.

Don’t forget to include some local tips. Where’s the best coffee shop nearby? Is there a grocery store around the corner? What’s the best place to grab dinner? A little insider info goes a long way in making guests feel at home.

Welcoming Guests in Person: When to Go the Extra Mile

Now, while self-check-in is great, there are times when a personal touch can make all the difference. If you’re nearby and have the time, greeting your guests in person can be a nice touch, especially for first-time visitors or if your property has some quirks that are easier to explain face-to-face.

But here’s the trick: keep it brief. Guests are often tired from travel and just want to get settled. A quick hello, a warm welcome, and a few pointers are all it takes. If they seem chatty, feel free to offer some extra tips or recommendations, but don’t overstay your welcome. The goal is to make them feel cared for, not overwhelmed.

Putting It All Together

Creating a seamless check-in experience is about making your guests feel welcome, informed, and stress-free from the moment they arrive. Whether you opt for self-check-in with a smart lock, provide a detailed and friendly check-in guide, or greet them in person, the key is to make everything as smooth and easy as possible.

Remember, first impressions matter. A great check-in process sets the stage for a fantastic stay, leading to happy guests, glowing reviews, and, ultimately, a successful Airbnb. So go ahead, perfect your check-in process, and watch your guests rave about their experience before they’ve even unpacked.

Hot News

The Midwest ZIP Code That Has Charged 0% Property Tax for 37 Years

Is the Midwest the best? It just might be, at least according to the Realtor.com® Hottest ZIP Codes of 2024. The annual ranking highlights the markets where homebuyers are shopping like crazy and making offers at record speed due to the areas’ affordability, excellent amenities, and other desirable attributes.

Ballwin, MO, a town of around 31,000 people about 30 minutes from St. Louis, ranks second on the list, right behind the Columbus suburb Gahanna, OH, which took the top spot.

Continue Reading → Here

Productivity

5 Short Term Rental Tools to Supercharge Your Productivity for Navigating the Business Side of Short Term Rentals

1. Guestly: This platform streamlines operations with features like automated messaging, dynamic pricing, and channel management.

2. QuickBooks: Efficiently manage income, expenses, taxes, and generate financial reports to understand your business's performance.

3. Smoobu: Streamline communication with guests, automate messages, and manage inquiries efficiently.

4. Beyond Pricing: Optimize your rental rates based on market demand, seasonality, and competitor pricing.

5. Jobber: Efficiently schedule cleanings, maintenance, and repairs, ensuring your property is always ready for guests.

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