Preparing For Busy Season and Naked Pricing

This podcast episode interviews Pavan Mediratta, a successful short-term rental investor, about his strategies for scaling his business and preparing for the busy season. The conversation covers Pavan's journey from five to 31 short-term rental properties, his funding methods (partners, HELOCs, and business profits), and his systems for managing a large portfolio (including virtual assistants in the Philippines and local teams for housekeeping and maintenance). Pavan emphasizes the importance of standardizing properties for efficiency and maintaining a 90% occupancy rate, even leaving minimum and maximum pricing blank in his PriceLab system. Listeners gain insights into effective strategies for scaling short-term rentals, managing employee teams, and optimizing operations for profitability and a balanced lifestyle.