SHI 0410 - Student Housing & Short Term Rental Market

Summer Turn is over and you're figuring out who is not showing up and how many completely vacant units you have.  Having completely vacant apartments will help you control costs compared to partially occupied apartments, but they also allow you an opportunity to generate additional income if you look at using them as a short-term rental.  Be it housing for visiting professors or listing the apartments on sites like AirBnB, their are some great alternative to help overcome the negative economic impact your vacancy is making on your income statement.  In this episode we talk about these alternatives and sit down with Mickey Kropf, CEO of Vector Travel, and talk about why it is important to consider partnering with a company like his to handle your short term rental program.

This episode is sponsored by Unilodgers!  To get your property in front of more international students, list your property today by visiting www.Unilodgers.com/contact-us

To reach Mickey at Vector Travel, email him at mickey@vectorstays.com and let him know you heard him on the SHI Podcast.  For more information about his company, visit www.VectoryStays.com.  You can also read Mickey's recent article about how short term rental programs can help student housing operators with their vacancies.  Check out the article here:https://shorttermrentalz.com/features/multifamily-student-mickey-kropf/?

Have questions or comments for Student Housing Insight?  Email us at contact@StudentHousingInsight.com

Interested in attending an upcoming Regional Summit:https://www.studenthousinginsight.com/upcoming-events