A Historical Beach Town Decked in Holiday Cheer… If you are looking for a way to fully immerse yourself in all things Christmas, then Galveston, Texas has you covered!! This island town truly comes to life around Christmas time with streets lined in light covered historical houses, Ice Land at Moody Gardens with an indoor […]
Guest Blog By: Ana C. Juarez When was the last time you took a vacation? Was it a month ago? A year ago? More than that? Vacations are often considered a luxury, or an extravagance not afforded by many. However, vacations are far from that, and are rather a necessity for your health and overall […]
10/16/2019 |
by Lauren Torres |
| Vacation Rentals
| Vacations
In part 1 of our series, we talked about the financial metrics in managing real estate. In this part, we’ll talk about the core metrics that are more specific to the short-term rental market. There are two categories of core metrics that are very important in managing your rentals: Marketing and Revenue Management. You must […]
Whether you’re planning to contract with a Property Manager (PM) or manage the property yourself, knowing the financial and operational metrics of your business is critical. If you’re hiring a PM you should have metrics centered around Investment Cost, Revenue and Expenses. If you’re managing yourself you should also be prepared to measure Conversions, Bookings, […]