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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, […]