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The Administration Portfolio

This video is kindly supported by Avalara MyLodgeTax. The best solution for the automatic remittance of your rental taxes. https://www.vacationrentalformula.com/avalara ************** Successful vacation rental owners and hosts are organized. Their calendars are up to date on every listing platform; booking processes are streamlined and easily monitored; payments are processed efficiently, and lodging taxes are collected […]

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Using A Vacation Rental Property Manager

This video is kindly supported by Avalara MyLodgeTax. The best solution for the automatic remittance of your rental taxes. https://www.vacationrentalformula.com/avalara ************** While a great many owners are happy to operate their rental business independently, others want a more hands-off approach and want a dedicated property management company to handle some or all aspects of the […]

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How To Sell A Vacation Rental Property

While owning a short-term rental can be a rewarding and enjoyable experience, the time will come when you want to move on. Whether that’s to release capital to buy another vacation rental property or to get out of the business altogether, the dilemma is to get the value it deserves based on the income generated […]

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Keeping up with changes in the vacation rental industry

We live in an ever-changing world. As technology advances, making life arguably easier, systems and processes get adapted, amended, and in some cases replaced altogether. And we have to keep up or get left behind as our industry progresses. I’m part of the generation that grew up without the internet; I was in my 20s […]

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VRS250 – 7 Lessons learned from a hot and steamy summer of vacation rentals

Welcome to episode 250! That’s quite a milestone and I hope to deliver the next 250 with as many information packed and insightful interviews as you’ve come to expect. For this one, I’m going solo to share what we learned from this year’s summer of rentals. So, was this summer different? Well, the weather always […]

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VRS246 – VR Tech Award 2018 with Vanessa de Souza Lage

The expression ‘There’s an app for that” fits the vacation rental business very well, as the multitude of tech resources available for hosts and property managers continues to grow by the day. Whether you want to track your cleaner’s progress, monitor the noise levels in a property, check on the number of devices in use, […]

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VRS245 – How to Outsource and Other Vacation Rental Tips with Craig Reid

Are you doing dull, repetitive tasks that have you saying, “I shouldn’t be doing this”? Is your time spent on boring jobs that prevent you from working on projects that can deliver much greater value to your business? Is that a yes? I’m sure it is for many small business owners who plow through myriad […]

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10 ways to build your vacation rental business and still have free time

“When I tell people we are close to Cancun, they envision umbrella drinks, beach, relaxation … my reality is Home Depot, Costco, Mega, etc.” (Post on Facebook group) Ask vacation rental owners how many hours a week they spend on managing their vacation rental property, and you’ll probably receive vague replies. Few owners accurately assess […]

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VRS243 – 10 Things You Must Do To Stay In Business

We are in a new era of our business. We’ve moved from talking about ‘vacation rentals’ to using the term ‘short-term rental’; Airbnb has become a verb; major hotel groups are moving into our space with years of hospitality experience and a strong competitive edge, and we have to watch our backs every day as […]

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