Join John and Wynde as they share their insider tips, tricks, and secrets for running a successful short-term rental business. Whether you host on Airbnb, Homeaway, VRBO, or other platforms, there is something here for you.
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STRA Episode 20: What we Did Right and Wrong in 2022 in our Short-Term Rental Business
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STRA Episode 20: What we Did Right and Wrong in 2022 in our Short-Term Rental Business [00:00:00] [00:00:05] Hey everyone. Welcome back to the podcast. We are John and Wendy Williams here with the short-term Rental Authority, your authority on all things short-term rental related to help make you the best operator ever. And since this is a new year…
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STRA Episode 19: Pricing Your Short Term Rental 101 and John is Officially a Lord
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Episode 19: Pricing Your Short Term Rental 101 and John is Officially a Lord [00:00:00] [00:00:05] Hey everyone. Welcome back to the podcast. I am Wendy Williams, along with my husband, John Williams , the man, the myth, the legend. I am now a Lord. Oh, that's right. So I got an early Christmas present . Because it came in the mail and you can't hi…
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STRA Episode 18: How to Manage the Holidays With Your Short-Term Rental
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STRA Episode 18: How to Manage the Holidays With Your Short-Term Rental [00:00:00] [00:00:05] Hey everyone. Welcome back to the podcast. We are John and Wendy Williams with the Short-Term Rental Authority, your authority on all things short-term rental related to help make you the best operator. Ever. And it's the holiday season. [00:00:22] The hol…
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STRA Episode 17: How to Deal With Slow Season
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STRA Episode 17: How to Deal With Slow Season [00:00:00] [00:00:05] Hey everyone. Welcome back to the podcast. We are John n Wendy Williams with the Short-term Rental Authority, your authority on all things short-term rental related to help make you the best operator ever. And today we are going to be talking about how to deal with slow season. Yea…
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STRA Episode 16: What to do When your Airbnb Guest is a Karen
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STRA Episode 16: What to do When your Guest is a Karen [00:00:00] [00:00:05] Hey everyone. Welcome back to the podcast. We are John n Wendy Williams with the short term rental authority. Your authority on all things short term rental related to help make you the best operator ever. And today we are going to be talking about what to do when you have…
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STRA Episode 15: The four main things about your Airbnb listing that will get you booked
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STRA Episode 15: The four main things about your listing that will get you booked [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. We are John and Wendy Williams, the short-term rental authority, your authority on all things short-term rental related to help make you the best operator ever. And today, we are going to blow your mind with…
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STRA Episode 14: What to do About a Party in Your Short-Term Rental
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Episode 14: What to do About a Party in Your Short-Term Rental [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. We are John and Wendy Williams with the Short-term Rental Authority, Your authority for all things short term rental related to help make you the best operator ever. [00:00:21] And today we are going to be talking. What to do …
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STRA Episode 13: How to Get Started in Short-Term Rentals
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STRA Episode 13: How to Get Started in Short-Term Rentals [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. We are John and Wendy Williams with the Short-Term Rental Authority, Your authority on all things short-term rental related to help make you the best operator ever. At today's podcast, we are going to be talking about how to get st…
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STRA Episode12: Why Does Design Matter and How to Get it Done
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Episode12 Why Does Design Matter and How to Get it Done [00:00:00] [00:00:05] Hey guys, John and Wendy Williams here with the short-term Rental authority, Your authority for all things short-term rental related to help make you the best operator. Yeah. So today's episodes gonna be a little bit different because Wendy just returned from Dallas, Texa…
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STRA Episode 11: How to Scale From 1 Unit to as Many as You Want Without Working Harder
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Episode11: How to Scale From 1 Unit to as Many as You Want Without Working Harder [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. We are John n Wendy Williams from the Short Term Rental Authority, Your authority on all things short term rental related to help make you the best operator ever. And today's podcast we have massive, massive…
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STRA Episode 10: How do I Protect my Investment if STR Regulations Change
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STRA Episode 10: How do I Protect my Investment if STR Regulations Change? [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. [00:00:07] We are John and Wendy Williams, the short term rental authority, your authority for all things, short term rental related to help make you the best operator ever. And we have a question from Todd Fleming…
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STRA Episode 9: Should I Use a Property Manager for My Short Term Rental?
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STRA Episode 9: Should I Use a Property Manager for My Short Term Rental? [00:00:00] [00:00:05] Hey everybody. Welcome back to the podcast. We are John and Wendy Williams with the short-term rental authority, your authority for all things, short-term rental related to help make you the best operator ever. And today's podcast. We're going to be talk…
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STRA Episode 8 : How Many Nights do I Have to Have Rented to Break Even?
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Episode 8: How Many Nights do I Have to Have Rented to Break Even? [00:00:00] [00:00:05] Hey guys. Welcome back to the podcast. The short term rental authority podcast. We are John and Wendy Williams here to make you the best operator ever. [00:00:15] And today's topic is how many nights. per month, do you have to get it rented in order to break ev…
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STRA Episode7: How to Afford the Initial Investment in Your Short-Term Rental
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Episode7: How to Afford the Initial Investment in Your Short-Term Rental [00:00:00] [00:00:05] Hey guys, John and Wendy Williams here with the short-term rental authority here to help make you the best operator ever. [00:00:14] And today we are going to talk about. How to fund your initial investment. Cuz we get asked this question all the time, al…
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Episode 6: How to choose the right Property for your Short-Term Rental (AKA Airbnb)
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Episode 6: How to choose the right Property for your Short-Term Rental (AKA Airbnb) [00:00:00] [00:00:05] Hey guys, welcome back to the podcast. This is the short-term rental authority podcast, where we help you become the best short-term rental operator ever. And today's topic is how to choose the best property for your short term rental business.…
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STRA Episode 6: Part Two of How Not to Stay Glued to Your Phone on Vacation
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Episode 6: Part Two of How Not to Stay Glued to Your Phone on Vacation [00:00:00] [00:00:05] Welcome back to the podcast. This is part. Of how to not stay glued to your phone while you're on vacation. Yeah. So we, we did the first part of that last episode at the lake lures at the lake lure, we were on vacation and so fabulous. [00:00:21] We were t…
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STRA Episode 5: How Not To Stay Glued to Your Phone On Vacation
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Episode4: How Not To Stay Glued to Your Phone On Vacation [00:00:00] Welcome back to the podcast. And you will notice that we are. Not in our regular location. We are not, we are on vacation. We are on vacation at the lake and I got lake hair and I don't care so is that even rhymes? Right? We're a beautiful lake lore, North Carolina. Oh, it is gorg…
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STRA Episode 3: The First (And Most Important) Step When Starting a New Short-Term Rental / Airbnb
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The First (And Most Important) Step When Starting a New Short-Term Rental / Airbnb [00:00:00] Hey everybody. Welcome back to the podcast. We are John and Wendy Williams with the short-term rental authority, your trusted authority on all things short-term rental related to help make you the best operator ever. And on today's podcast, we are going to…
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STRA Episode2: The #1 Mistake Real Estate Investors Make When Investing In Short-Term Rentals / Airbnb
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STRA Episode2 The number one mistake real estate investors make when investing in short-term rentals / Airbnb [00:00:00] Hey guys. Welcome back to the short term rental authority podcast. We are John and Wendy Williams, your trusted authorities on all things short term rental related to help make you the best operator ever. And today's podcast. The…
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We are back with a new season of valuable information about all things short-term rental! We have rebranded after being absent from the podcast and have so much to share. In this episode, we will reset with who we are, where we have been, and what's coming in the following episodes.
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EP76: You'll Never Guess What We Did!
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You'll never guess what we did! Well you might because we talk about it a lot but... We did exactly what we told you about in Episodes 72 and 73 About how the rules of money work And it worked!
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EP75: Lessons from 2020 and The New Normal
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What did 2020 teach us? And how can we apply those lessons in 2021? Well, we learned a lot, that's for sure! About ourselves... About our business... About how life is going to change forever...
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What did 2020 teach us? Several things... 1. Expense Ratios matter 2. Move money more 3. Give people options 4. The Slight Edge works 2020 has taught us how important it is to know your numbers. But just the mere fact that we had numbers wasn't the whole story. We had to know that they are good numbers so that we could make sound business decisions…
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Part 2 of last week's conversation of how the rich get richer and you can too! Robinhood affiliate link: https://bit.ly/33MM5oA
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EP72: The Rules that the Wealthy Play By Can Be Yours Too!
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It's true that wealthy, successful people play by a different set of rules than ordinary folks do. But the rules can be your rules, too! They're not a secret. It's just that most people don't get taught the rules... by anyone, not your mom, not your dad, not your school. Wealthy, successful people know the rules. They know the game. They know it's …
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EP71: Hosting for the Holidays- Some Things to Remember
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Tune in for some Holiday Hosting tips! Just some things that we've learned from experiencing several Holiday seasons. Like... you're going to have to clean the oven probably. And the "do you decorate for the Holidays" question that comes around every year. But if there's one thing we've learned, it's that now is the time to start planning for the H…
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EP70: Why You Should Have Systems
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What are systems and why are they important in your business? Have you ever wondered why you get the same cheeseburger from McDonalds no matter where you go? Systems There's a system for making a cheeseburger and it's the same system at a McDonalds in New York as Paris. Systems provide consistent, dependable, scalable results. We've decided to show…
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EP69: Really? With No Money? Kind of
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Finding ways to fund your STR venture can be challenging. If you're thinking about partnering with someone, we can help you ask the right questions. Book a call with us at TheCashFlowCouple.com/AskUs Creating a note to fund your business is one way to do it. What about using credit? We've done it. We know plenty of people who do it. We'll talk abou…
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EP68: To Extended Stay or Not? How do you decide?
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EP67: Through the Eyes of the Guest
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We had a great time "glamping" this past weekend at a semi-local campground. Quite a few things stood out to us as we were the guests this time. It was an interesting experience and we learned that camping at a campground and the STR business had a lot in common. From the booking experience to the review experience, many things were the same. We go…
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EP66: Get Back Your Time With This Simple Process
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Are you working too much IN your business and not enough ON your business? Here's a simple but effective process to get more of your time back so that you can have the time freedom you deserve. Even corporate America uses this same process! Shadow yourself for at least a week and write down everything you do in your business. Write the name of the …
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We hear this a lot. People say they're scared to talk to landlords but why? What are you really afraid of? Maybe if you ask to lease a place, the landlord will say no. What are they saying no to exactly? Have you taken the time to think about who you are as a company and what value you may be bringing to the landlord? Even what value your business …
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EP64: What are you going to do with all that money?
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Do you have a plan for all that money that your short term rental business is bringing in? Use the Profit First system! What is Profit First you say? Well, it's just a method of managing your cash flow. It's a plan for your money. And here's how we use it for our short term rental business.
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When you have a reservation that turns out to be a dumpster fire, you learn from it! From a broken bed to body bags, we'll reveal a story stranger than fiction. You can't make this stuff up!
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EP62: Pricing Secrets to Dominate Your Market
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Consistently tracking prices for all of your units even though the pricing changes every night is a difficult task. However, it possible with software such as PriceLabs. But even using software isn't a "set it and forget it" thing. You have to consistently monitor your pricing. So where do you even start? Listen up because we're about to break it d…
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EP61: How to Crush Your Market with Extended Stays
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Want to know how to crush your market with extended stays? Join us as we talk about what an extended stay is, the pros and cons and some amenities that extended stay guests actually value.
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EP60: Another One Bites the Dust
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Case study of 3 major short-term rental start ups and their battle against the Covid. 2 losers and 1 winner. We discuss what the losers did wrong and what the winner did right. Lyric, once a powerhouse with over 400 units in 13 major cities, closes its doors. This article in Forbes, found here: https://www.forbes.com/sites/davidjeans/2020/07/02/ren…
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EP59: For the love of God, Please stop calling it an Airbnb
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So is this like an Airbnb? Can I Airbnb my property? We can't Airbnb here! It's illegal! We get these questions all the time. And the answer is easy enough. It's just a simple perspective shift. We'll talk about the answer to these questions, including the legality issue, and much more on this week's podcast. And guess what! We have training for th…
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EP58: How to Set Up 2 Units in 3 Days
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Setting up a new unit takes a lot of pre-planning and organizing. Check out how we set up 2 units in 3 days REMOTELY! Could not have done it without the help of Ben Curry from B&S Construction in Alexandria, LA. Huge shout out to him for all of his hard work helping us put these units together. The quicker you can set up your unit, the less money y…
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EP57 : Interview with Chinedu Akunne
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On today's podcast, we interview a special guest, Chinedu Akunne. Chinedu is originally from Nigeria and now lives and invests in Alexandria, Louisiana. We had the pleasure of setting up his first 2 short-term rentals for him. He talks about his story and his experience of getting started. Chinedu Akunne is also the host of the podcast Immigrant In…
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EP56 : How to Write a Killer Listing Description That Converts
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In this episode, we give you some tips on how to write a killer listing description that converts into bookings. Visit us on Facebook at https://www.facebook.com/thecashflowcouple/ Join our community at https://www.facebook.com/groups/thecashflowcouplecommunity Visit us on the web at http://www.thecashflowcouple.com…
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EP55: Adapting in the New Era Series Part 3
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This is part three in our series on tips that you can use during these stressful times in the short-term rental business. Visit our website at http://thecashflowcouple.com And join our community at https://www.facebook.com/groups/thecashflowcouplecommunity/
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EP54: Adapting in the New Era Series Part 2
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In part two of this series, we'll give you more actionable items for you to implement immediately in your business to help you adapt to this new era of business. Find us on the web at www.thecashflowcouple.com Join our Facebook Community at facebook.com/thecashflowcouplecommunity
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EP53: Adapting in the New Era Series Part 1
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In this series, we'll give you actionable items for you to implement immediately in your business to help you adapt to this new era of business
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EP52: Using Promotions to Fill Your Calendar
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These days, people are looking for better deals. Why not give them one for your properties? It's a great way to give your guests a unique opportunity to experience your place now or at a future date.
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The impact of Covid-19 on the STR industry has been massive and devastating, but we WILL survive. With borders closing, mandatory confinements are the new norm. You as an STR operator will need to adapt. There are things that you can do. Many things, in fact. Let's chat, shall we? What else are doing besides buying toilet paper?…
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Got toilet paper but no guests? Time to think outside the box! Your target customer may not be coming for the usual graduation or Spring Break. But they are still coming. You just have to find out why.
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EP49: Creating a Vision for your STR Business
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Creating a vision for your business, any business, is probably one of the most important things you do as a business owner. A vision is like taking a road trip. You want to know where you're going before you get in the car.
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EP48: Consistent Customer Service
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Providing your guests with consistent customer service is an art. The way to do it is to document experiences when you have them so that you know what worked and what didn't. We'll tell you how we do it.
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John and Wynde talk about why and how to use a central calendar for your short-term rental business. If you want a step by step guide on how to set up your central calendar, go to thecashflowcouple.com and join our community!
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