5 Practices to Keep Your Midterm Rental Occupied
Welcome to the Real Estate Education Podcast with Erin Spradlin + James Carlson.
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🟢 Top Amenities to Increase Airbnb Revenue: Adding amenities like hot tubs, pools, and washer-dryer units can significantly boost Airbnb revenue, with hot tubs increasing income by up to 34% in mountain areas and pools by 59% in large cities.
🟢 BiggerPockets and AirDNA Insights for STR Owners: Real estate resource sites like BiggerPockets and AirDNA now provide data-driven insights on short-term rental (STR) amenities, helping investors assess the profitability of specific additions.
🟢 Pets and Essential Amenities Enhance Booking Rates: Allowing pets, providing Wi-Fi, kitchens, and TVs enhance listing performance by making rentals more attractive and minimizing vacancy rates, especially with Wi-Fi now a must-have.
🟢 Simple Kitchen Upgrades for Higher Home Value: Updating cabinets, adding new countertops, and replacing backsplashes can modernize kitchens affordably, enhancing home appeal and potentially raising property value.
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