As I had explained in my previous post for tip 4 for 9 Must-Have Tips for Running your Vacation Rental like a Business –
A vacation rental is both a fun place to stay and an investment opportunity. And a part of that responsibility is ensuring that you run your business smoothly. When you own a vacation rental, you want to have good cash flow, avoid tax penalties, stay organized, have a great presentation, minimize risk and ensure your customers are satisfied.
I want to continue to try and provide you with all the info you may need to help guide you through the jungle of beach vacation property rental pitfalls.
Review your listing monthly
Anytime that you use third-party booking agencies like VRBO and AirBNB, review your listings at least once per month. It can help you find errors, address changes, update rates or notice that some entries are not showing correctly. So check your listings out regularly, and address any issues/changes immediately.