Short-Term Rental (STR) Management Guide
1. Setting Up Your STR Business
A. Legal & Regulatory Compliance
- Research local laws and obtain necessary permits.
- Ensure compliance with tax regulations (occupancy tax, sales tax, etc.).
- Review HOA or condo association rules.
- Get proper insurance (homeowners, liability, and STR-specific coverage).
B. Property Selection & Setup
- Choose a high-demand location with strong tourism or business appeal.
- Invest in quality furnishings that balance aesthetics and durability.
- Provide essential amenities (WiFi, kitchenware, linens, toiletries, etc.).
- Ensure safety measures are in place (smoke detectors, first-aid kit, security locks).
2. Listing Creation & Optimization
A. Platform Selection
- List on Airbnb, VRBO, Booking.com, and Google Vacation Rentals for maximum exposure.
- Use a channel manager to sync calendars and prevent double bookings.
B. High-Quality Listing Content
- Professional photography with well-lit, high-resolution images.
- Compelling listing title that highlights unique features.
- Detailed, engaging property description emphasizing benefits.