Real estate investing can be a lucrative endeavor, but it's not for the faint of heart. Success in this field requires more than just financial resources; it demands a combination of belief in oneself, commitment to the long game, resilience, and a willingness to take calculated risks.

The key to running a successful short-term rental that keeps guests returning is to make the property feel as comfortable and homey as possible. It’s easy to remember the essentials, such as blankets, towels, and toilet paper, but adding a few unique, practical items your guests never knew they wanted will show off your keen eye for detail and impress those who stay at your rental.

Amazon is a great place to shop to infuse personality into your rental. Check out these 5 Amazon must-haves for your short-term rental your guests will appreciate.

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Staying at a short-term rental over a hotel has become increasingly popular with travelers due to the privacy and more luxurious amenities. While this is great for business, it can also present new challenges, like a rise in competition as more people decide to try their luck at operating their own short-term rentals.

Having more competition doesn’t necessarily mean you’ll lose business, but it may signify the need to step up your game to ensure your rental stands out on AirBNB and VRBO more than others in your area. Here are a few ways you can raise interest in your rental to attract new guests and sustain recurring ones.

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You don’t have to stay close to home at all times to successfully manage your short-term rentals. For example, I recently spent 8 days in Mexico and travel often. While away, we had multiple turnovers at our Nashville and Center Hill Lake rentals, and they all turned over as if I was right there on site. Here are a few things I do to manage my property while I’m thousands of miles away and still enjoy my vacation.

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Meeting your guest’s needs is important when running a rental business. You want them to enjoy their stay the first time, so they’ll come back or recommend your rental to others. This can be challenging knowing everyone will have different expectations, but there are a few simple things you can do to ensure your guests feel comfortable.

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Investing in short-term rentals can be a great way to get a foot in the door in real estate and generate additional income. However, choosing a property for your short-term rental business shouldn’t be an impulsive decision. 

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When choosing items for your rental’s bedroom, quality and comfort are key factors to consider. For example, white bedding, multiple pillows, and thick, fluffy covers are a must. Think 5-star hotel, because that’s the impression you want to give your guests.

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