Short-Term vs. Mid-Term Rentals: Which Is Right For You?
Description
We’re excited to welcome Jon Styer, a real estate broker and owner of Styer Real Estate Professionals and Styer Hospitality Co., a short- and mid-term rental management company in Columbus, OH. Led by Jon and his wife, Sara, Styer Hospitality has grown to more than 50 doors under management in just over a year. But Jon has been in the real estate space for years before that.
In this episode, we talk about Jon’s journey from managing LTRs to STRs — and why he finally landed on mid-term rentals as his sweet spot. We discuss balancing STRs and MTRs, overcoming challenges as you grow your business, marketing strategies that pay off, and how to cultivate guest/host relationships.
If you’re considering whether mid-term rentals are right for you — or you’ve simply been curious about them — you need to hear Jon’s mic drop advice.
(00:01:08) #STRShareSunday: @VisitanaCollection
(00:04:57) How We Connected With Jon
(00:07:36) Jon’s Journey In Real Estate
(00:12:50) His Mid-Term Rental “Aha Moment”
(00:16:54) Balancing STRs and MTRs
(00:22:15) Overcoming Challenges As You Grow
(00:25:58) The Pros Of Becoming A Licensed Property Manager
(00:29:01) The Tech Solution He Can’t Live Without
(00:32:24) Tried And True Marketing Strategies That Work
(00:37:03) His Approach To Furnishing
(00:41:17) The Guest/Host Relationship
(00:48:07) How Many Properties Are Enough Properties?
Resources:
• Click here for full show notes
• styerrep.com
• styerhospitalityco.com
• #STRShareSunday: @VisitanaCollection
• Submit your property for our next #STRShareSunday at strshare.com
• Video: How To Market Your Airbnb Without Using Airbnb
• Airbnb Essentials Checklist: hostchecklist.com
Thanks for Visiting is produced by Crate Media.
Mentioned in this episode:
Hostfully | Go to https://www.hostfully.com/influencers/thanks-for-visiting/ and use TFV100 to get $100 off your subscription.
Superhog | Visit superhog.com/thanks-for-visiting and book your FREE demo today!
Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!
Minoan | Visit MinoanExperience.com and tell them TFV sent you!
We’re tackling a topic that’s near and dear to our hearts — how to avoid host burnout and take back your time. We’re joined by Rich Sippos, the Head of Sales at Extenteam, the industry’s first staffing-as-a-service company, offering a unique labor subscription model that extends local teams with...
Published 11/21/24
Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.
Vanessa asks:
We run a short-term rental on Whidbey Island in Washington State called Bells Beach Lookout. Thanks to you, it's been...
Published 11/19/24