The Do’s and Don’ts of Managing a Short-Term Rental Business
Introduction
The short-term rental business has become increasingly popular, offering a lucrative opportunity for property owners to generate passive income. With platforms like Airbnb and VRBO, it's easier than ever to connect with potential guests. However, running a successful rental business takes more than just listing your property online....
Real Estate Accounting for Beginners in 5 Simple Steps
Introduction
Real estate accounting can be a daunting task for beginners. There is so much to learn and understand! However, with a little bit of guidance, you can be on your way to mastering real estate accounting. In this blog post, we will provide an overview of real estate...
Unlocking the Keys to Profitable Short-Term Rental Management
Introduction
The short-term rental industry is booming. If you’ve ever considered turning your home into a short-term rental, you’re not alone. Property owners are taking advantage of this opportunity to increase income and create a lucrative business model. But managing a successful short-term rental business is no easy feat....
Why You Need An Accountant and How to Choose One
Why accountants are necessary
Unless you’re an experienced accountant yourself, it’s always best to have an expert overseeing your financial business affairs. As a business owner, you’ll probably be juggling several roles, but it’s not wise to spread yourself too thin where money is concerned. And even though...
What Is Inflation and How Does It Affect My Savings?
You can’t get through the news these days without hearing about inflation and how rapidly it’s increasing. Rates were generally low for quite some time, and we all got used to it. Suddenly, however, everyone is getting squeezed by inflationary pressure.
But what exactly is inflation, and how does...