Updated 9 months ago on . Most recent reply
STR Hosts challenges
Hey hosts! Honestly, which would you say is the ultimate challenge you face as an STR owner today?
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Collin Hays
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The biggest challenge is continued profitability. Taxing authorities and the booking platforms are now getting half or more of the pie. Property tax, occupancy tax, personal property tax, business tax, permit/inspection fees, higher than standard utility fees, ever-increasing fees by the platforms.
Seems like once a month, someone figures out a new way to carve off a bit more of my investment for themselves.
- Collin Hays
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SMOKY MOUNTAIN FALLS INC.
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