The true cost of running an STR: Budgeting tips and hidden expenses

Running a short-term rental (STR) can be a lucrative venture, but it's crucial to understand the full spectrum of costs involved to ensure profitability. From upfront expenses to ongoing operational costs, managing an STR requires careful budgeting and awareness of hidden expenses. In this blog, we'll dive into the true costs of running an STR and provide practical budgeting tips to help you stay on top of your finances.