3 rules for making money on Airbnb, from a short-term-rental owner who built a business by optimizing revenue

Mike Savage, a real estate investor and cofounder of SynergyStays, has shared strategies for maximizing revenue from short-term rentals. He emphasizes that short-term rentals require a business mindset and can earn more than long-term rentals. Savage advises paying attention to the median booking window and focusing on weekdays, not just weekends. He notes that while long-term rental income is largely market-determined, short-term rentals offer more opportunities to influence revenue through active management.

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