Expanding STR business

[Ben Hooper]

I've been a host for a year now and have really enjoyed it. I've recently bought a property specifically to rent out full time and it got me thinking about how a STR business can expand.

It seems like the main avenues are:

1. work with landlords to rent out properties and simply pay them rent

2. co host and manage other people's listings

3. buy properties and run yourself

each has their pros and cons, though #1 seems the most approachable, though would take a good amount of work to find landlords open to allowing it.

What have been ways that you've scaled your business beyond just 1 property?

[Valerie Rogers]

I recently listened to a podcast whose guest speaker specializes in the #1 option Ben mentions. His name is Eric Moeller and the podcast was episode 191 on "Vacation Rental Success" with Heather Bayer as host:

https://itunes.apple.com/us/podcast/vacation-rental-success/id599200191?mt=2

It was a very interesting podcast.