Uncommon Estate of Mind

Short and Long Term Rental Tips for Property Management Success


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What are the considerations you need to give as a short-term or long-term rental host? 


Joey and AD are laying the groundwork here for some really important learnings as you embark on the rental business. 



Who's your housekeeper and are you prepared to fire them if they're not up to the job? 



Because best believe unhappy tenants will leave a poor review that will deter other potential guests! 



Who's your handyman for when things go wrong, and who's your runner when you lose a set of keys?



Joey's got us dialed in on those short-term concerns, and then AD picks up the ball and looks at things from a long-term rental perspective. 



How are you inspecting your property to ensure it's being looked after? 



How are you revising your lease and do you know if your property is zoned for certain business activities?



There's a lot to think about before signing up as an Airbnb host and expecting the cash just to roll in. 



Joey and AD make thinking these things through an audible pleasure – one that will save you time and money in the long run. Be Well Rounded – learn all you can. 



 "Very important, what AD said: invest in things that you know are going to create a return for you."


~ Joey Garba


"What are you in business for if you're not aware of how much you're spending and how much you're keeping in?"


~ AD the Fly Realtor




In This Episode: 

-Breakdown of self-management in the short-term rental space

-Why the housekeeper is the most important member of your team

-Understanding the role of the 'runner' in your short-term rental operation

-What is an OTA?

-Getting a security system to oversee your property 

-What are your methods for rent collection?

-How are you constructing your lease agreement

-Establishing the correct medium of communication with your tenant

-Making sure you're building compliant – and having regular inspections

-Keeping accurate financial records

-Using the right marketing strategy for your long-term rental business

And more!



Contact Uncommon

https://www.instagram.com/uncommonestateofmind/

[email protected]



Connect with Joey Garba:

Instagram - https://www.instagram.com/mrjmaze/



Connect with Ademola Dawodu:

Instagram - https://www.instagram.com/adtheflyrealtor/

Personal - https://linktr.ee/adtherealtor

TMG Investment Real Estate - https://tmginvestments.com/

...more
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Uncommon Estate of MindBy Uncommon Network

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