Short Term Rental Riches

228. When Your Guest Doesn't Leave And Happens To Be A Felon


Listen Later

Today's episode is a bit different and quite the rollercoaster. It's one of those stories you hope never to have to tell, but here we are, sharing a real-life experience that could have easily turned into an STR host's worst nightmare: our first squatter scare. Now, I know what you're thinking – "squatter" is a strong word, especially when referring to a guest who has overstayed their welcome. But when a routine check-out transforms into a lock-in situation with a guest refusing to leave, it feels nothing short of a squatting scenario. Before we dive in, I want to reassure you, especially if you're new to the short-term rental game or considering diving in, that this is not the norm. My team and I have managed tens of thousands of reservations, and this is the first time we've encountered such a stressful situation. So, take this episode as a learning opportunity, one that arms you with the knowledge to prevent, manage, and navigate through the rare but possible challenges of being an STR host.

This experience was eye-opening for us in many ways.But, it's not just a story of stress and panic; it's a tale of learning, adaptation, and reinforcement of our operational protocols. So, buckle up as we walk you through the entire ordeal, step by step, and share the vital lessons learned along the way.

In this episode, you'll learn:

  • Red Flag Recognition
  • The complexities of managing bookings from OTAs like Booking.com
  • The importance of having a comprehensive rental agreement
  • Dealing with Overstayed Guests
  • Preventive Strategies and Lessons Learned

Remember, the goal here isn't to scare you but to educate and prepare you for the realities of being an STR host. By sharing our story, we hope to equip you with the knowledge and tools to protect your investment, maintain your peace of mind, and continue to provide exceptional experiences for your guests.

Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help.

Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well.

...more
View all episodesView all episodes
Download on the App Store

Short Term Rental RichesBy Tim Hubbard

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

121 ratings


More shows like Short Term Rental Riches

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,778 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

827 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

973 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

412 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

426 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

618 Listeners

Thanks For Visiting by Airbnb Superhosts Annette Grant & Sarah Karakaian

Thanks For Visiting

579 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,830 Listeners

Short Term Rental Secrets Podcast by MICHAEL SJOGREN

Short Term Rental Secrets Podcast

129 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

327 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

453 Listeners

On The Market by BiggerPockets

On The Market

904 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

839 Listeners

The David Greene Show by David Greene

The David Greene Show

698 Listeners