VRS566 - Top 10 Foundations for a Successful Property Management Business
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.
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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
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