Welcome to the STR Property Selection course from STR HUB. Twelve lessons, one every two days, each teaching a specific skill for serving short-term-rental investor clients. Unsubscribe anytime — but the agents who finish this tend to keep it.
Here is the uncomfortable truth this course is built on: your residential skills do not fully transfer to STR buyers. Not because you lack skill — because STR clients are buying a different product.
A family buyer asks: schools, commute, kitchen, feel. An STR investor asks: projected ADR, occupancy, revenue per bedroom, permit status, HOA rental language, insurance cost. The house is just the container for a cash-flow model. When you show an STR buyer a property, you are really showing them a projection — and they will judge you on whether your projection survives contact with reality.
Residential comps price a property against similar sales. STR analysis prices a property against similar listings' revenue — ADR, occupancy, seasonality, amenity premiums. A house can be underpriced as a home and overpriced as an STR, or the reverse. Learning to read both numbers is the core skill of this course.
Go deeper on the gap between a regular agent and an STR-fluent one: STR Agent vs. Regular Realtor.
ACTION: Write down the last investor inquiry you received and what you couldn't answer. This course will fill those gaps one by one.
Next lesson: the bedroom math — why the 4-bedroom that sleeps ten usually beats the cute 2-bedroom, and when it doesn't.