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Short Term Rentals via Zoom

with... Lori Shaw

STR Renovations are Different - Where to Spend the Money

Monday, April 22, 2024 6:00 PM - 7:00 PM

STR Renovations are Different - Where to Spend the Money

Takeaways:

  1. Think TOUGH. Sure, you want your rental property to look nice, but smart renovation can enable your property to STAY nice.
  2. Always think of your cleaners! Your cleaners are some of the most vital keys to your success. Making life easy for them benefits everyone.
  3. Beware of shiny objects. Setting aside any structural renovation that needs to be done, for each area that you are thinking of devoting cosmetic renovation dollars to, the decision should be based on this question - Is this investment in renovation going to make my property more desirable to guests?
  4. Learn to love math. I like to think of each STR as its own math story problem, made up of factors unique to each property owner - purchase / carrying costs / rental income (projected or historical), etc. You don't want to embark on any cosmetic renovation plans without first running ALL the numbers.

Speaker: Lori Shaw

Lori Shaw is an STR designer based in Charlotte, NC. She has been featured in multiple magazines including SouthPark, New Homes & Ideas, Brunswick New Homes & Real Estate, and the 2023 Greensboro Designer Showhouse. She works with clients both virtually and in person all over the U.S. She is also an STR investor, along with her husband, owning both beach and mountain properties in NC.

 

Join your hosts Tracie Fowler and Ray Brown as they delve into the various aspects of short-term rentals. Topics change monthly but include items like maximizing rental income, navigating regulations, and optimizing guest experiences.

The meeting will be hosted online at Zoom.com The meeting link will be emailed to you upon pre-registration - RETAIN THIS EMAIL! Please note, download Zoom on your device of choice, register for your free account and test your device for audio/camera/microphone capabilities.

VERY IMPORTANT!! Just like checking in at our in-person meetings, to enable us to check you in for the meeting your Zoom name must match your NCREIA account name - we need both first and last name to identify you.


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  • Members, Login to Register with the Member's Price
Members:
FREE for Members
Non-Members:
$20.00

Date:  Monday, April 22, 2024
Time:  6:00 PM - 7:00 PM


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