Sunday Dec 31, 2023

Exploring Price Labs: The Power of Dynamic Pricing in Mid-Term Rentals

Price Labs Co-founder, Anurag Verma, joins host Shona Lepis on 'She's Got Assets', a podcast dedicated to real estate investments. They discuss the evolution of Price Labs from a dynamic pricing system to a comprehensive revenue management system. Anurag sheds light on the value of data-driven insights for property management, including short-term, mid-term, and long-term rentals and the role of various factors in pricing strategies. The shift towards midterm rentals, the importance of understanding specific market demands, and strategies to maximize property revenue are also examined. Anurag emphasizes that while their software provides valuable data and market comparison tools, it does not remove the property manager's input and control in pricing their assets.

https://pricelabs.co/

https://www.linkedin.com/in/anuragxverma/

Show Sponsor: She’s Got Assets

We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.

The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.

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