Community Perks with The STR Report

🏠 Top-Tier Property Management – Lower fees, higher payouts, and premium service. Built for investors who want performance and peace of mind. See how much more your property could earn—click to get your free performance assessment.

🔎 Personal Airbnb Investment Finder – Connect with an expert to handpick profitable Airbnb properties that match your criteria. With 213+ successful deals, all cash-flowing, you’re in good hands. Take 15 seconds to fill out the form to see how all of these properties are experiencing a 10-15% Cash-on-Cash return.

🤑 STR Loans & More – Need funding for your next short-term rental? Expect expert guidance, personalized service, and the best possible rates.

November 17th, 2025

Good evening STR Report Community!

In today’s issue, you will find:

📱Today’s Article: 🏡 Master Your Rental Finances: Budgeting & Tracking Made Easy

📈 Trending Market Highlight: Providence, Rhode Island and Bar Harbor, Maine

✉️ STR News: TourRadar adds AI discovery tools and expands UGC features

💸 Mortgage Rate Watch

🌲 Unique Airbnb of the Week

🏫 Subscriber Perks: Go Live Playbook, including: Beginner’s Guide E-Book, Guest Communication Messaging Templates, Airbnb Welcome Guide Template, STR Buy Box Template, & Tax Savings E-Book

✅ Community Perks: Top-Tier Property Management, Personal Airbnb Investment Finder, and STR Loans & More

📬 See our collection of newsletters here: Prior Newsletters

Why Budgeting for your STR Matters More Than Ever 💸

Running a short-term rental can be incredibly rewarding — but without a solid handle on your finances, even the busiest property can quietly drain your profits. Between fluctuating bookings, surprise repairs, and seasonal changes, a clear budget and real-time expense tracking can make the difference between profit and pain.

1️⃣ Set a Smart, Realistic Budget

Start by listing your fixed costs (mortgage, insurance, utilities) and variable costs (cleaning, restocking, repairs). Don’t forget hidden fees like platform commissions, local taxes, or license renewals.
Pro Tip: Base your estimates on a conservative occupancy rate (e.g., 70%) — this cushions you during slow months.

2️⃣ Categorize Every Expense

Use clear categories for:

• 🧽 Cleaning & Maintenance

• 🛍️ Supplies & Amenities

• 🔌 Utilities & Internet

• 💳 Platform & Transaction Fees

• 🧾 Taxes & Permits

This helps you see which areas eat most of your profit and where you can trim.

3️⃣ Use Tools That Do the Heavy Lifting

Gone are the days of spreadsheets! Try:

• QuickBooks or Wave for bookkeeping

• Stessa or Host Tools for property-specific tracking

• Expensify for scanning and sorting receipts automatically

Sync your accounts to track income, expenses, and even depreciation in real time.

4️⃣ Review & Adjust Monthly

Make it a ritual — spend 15 minutes at the start of each month reviewing your numbers. Ask:

• Are cleaning costs rising?

• Did my utilities spike?

• Am I hitting my revenue goals?

Small tweaks early prevent big losses later.

5️⃣ Plan for the Unexpected

Set aside at least 5–10% of monthly revenue for maintenance or emergencies. That leaking faucet or last-minute guest request won’t throw you off course when you’ve planned ahead.

💰 Hidden Costs You Can Actually Cut

Even profitable rentals leak money through small, overlooked expenses. Here are a few areas where strategic cuts can add up fast:

• Overstocked Supplies: Guests don’t need 20 extra rolls of paper towels — streamline your restocking schedule based on average stay length.

• Excessive Cleaning Fees: Audit your cleaning contracts; switching to a per-turnover rate or negotiating for bulk discounts can save hundreds a month.

• Unnecessary Subscriptions: Cancel duplicate streaming services or automation tools you don’t fully use.

• High Utility Bills: Install smart thermostats and motion sensors to cut electricity and heating waste between stays.

• Platform Fees: Experiment with direct booking options or offer repeat guests a discount for booking off-platform.

• Insurance Overlap: Check your policy — many hosts pay for redundant coverage or fail to adjust after adding properties.

📊 Before & After: A Realistic Savings Example

Let’s say you manage a short-term rental earning $3,000/month in gross revenue. By trimming unnecessary costs — such as lowering cleaning fees ($100), reducing supply overages ($50), and cutting subscription waste ($40) — you can easily save $190 per month.

That’s $2,280 a year straight back into your pocket — enough to fund new amenities, seasonal decor upgrades, or a personal getaway. Small adjustments. Big impact.

Start tracking today — your future self (and your bank account) will thank you. 💸 

Providence, Rhode Island🦪

Downloadable Providence, Rhode Island Short-Term Rental Market Report

• Average Daily Rate (ADR): $360 per night

• Occupancy Rate: 51%

• Annual Revenue Potential: Around $65,718 per year

Read our full Providence, Rhode Island Short-Term Rental Market Report attached above.

Bar Harbor, Maine🦞

Downloadable Bar Harbor, Maine Short-Term Rental Market Report

• Average Daily Rate (ADR): $371 per night

• Occupancy Rate: 60%

• Annual Revenue Potential: Around $85,075 per year

Read our full Bar Harbor, Maine Short-Term Rental Market Report attached above.

📬 See our collection of 120+ market reports here: Prior Trending Market Reports

🏡 Casago appoints David Angotti as Chief Digital Officer
Casago has appointed David Angotti as Chief Digital Officer as the company accelerates its digital transformation following the acquisition of Vacasa’s operations earlier this year.

📱Hipcamp partners with Sun Outdoors to add 100 RV resorts to its platform
Camping marketplace Hipcamp has formed a new partnership with Sun Outdoors, adding 100 RV resorts including more than 20 Jellystone Parks to its US inventory.

💸 TourRadar adds AI discovery tools and expands UGC features
Online experiences marketplace TourRadar has expanded its user-generated content features, introduced new AI discovery tools and launched a US$1m partner fund as part of its latest platform release.

💸Mortgage Rate Watch – November 17th, 2025

Current Mortgage Rates (as of November 17, 2025):

• 30-Year Fixed: 6.38% (+0.00%)

• 15-Year Fixed: 5.86% (+0.00%)

• 30-Year Jumbo: 6.44% (+0.01%)

• 30-Year FHA: 5.99% (-0.03%)

• 30-Year VA: 6.01% (-0.03%)

• 7/6 SOFR ARM: 6.15% (+0.10%)

Market Overview: Mortgage rates held nearly flat today with very minimal movement across the board. The 30-year fixed rate remains at 6.38%, indicating that the bond market and lender pricing are essentially pausing and awaiting new triggers.

Rate Trends & Forecast:

• Short-Term: Expect rates to remain in a tight range unless a major economic update or policy announcement occurs.

• Long-Term: If inflation moderates and long-term yields decline, there is potential for gradual rate easing. But without a strong change in the economic or policy landscape, meaningful drops are unlikely.

  For real-time mortgage rate updates, visit Mortgage News Daily.

Bored of staying at regular Airbnbs?

How about staying in a yurt? 🌲

✨ Nestled on five private acres with panoramic views of the Selkirk Mountains, this handcrafted yurt blends rustic charm with modern comfort — complete with a sauna, full kitchen, and cozy loft. Each season paints a new masterpiece here: snow-dusted winters, wildflower-filled springs, golden autumns, and endless summer skies. Start your mornings with coffee on the patio and end your nights beneath a blanket of stars (or in the sauna after a mountain hike!). Whether you’re craving an adventurous escape or a peaceful reset, this is where nature’s rhythm becomes your own. Just a short drive from Sandpoint and Schweitzer Mountain Resort — and yes, you’ll love falling asleep to the sound of rain on the yurt roof.

Subscriber Perks:

📖🏡💰 Go Live Playbook

The "Go Live Playbook" is your all-in-one guide featuring a beginner’s guide e-book, messaging templates, Airbnb welcome book, STR buy box template, and tax savings tips to kickstart your short-term rental success.

Community Perks with The STR Report

🏠 Top-Tier Property Management – Lower fees, higher payouts, and premium service. Built for investors who want performance and peace of mind. See how much more your property could earn—click to get your free performance assessment.

🔎 Personal Airbnb Investment Finder – Connect with an expert to handpick profitable Airbnb properties that match your criteria. With 213+ successful deals, all cash-flowing, you’re in good hands. Take 15 seconds to fill out the form to see how all of these properties are experiencing a 10-15% Cash-on-Cash return.

🤑 STR Loans & More – Need funding for your next short-term rental? Expect expert guidance, personalized service, and the best possible rates.

Partner with Us!

If you have a project you’d like us to promote, or a product or service you’d like to share, please reach out to us at [email protected].

We appreciate you being a part of our STR community and for sharing our group with your business partners and associates. Thank you!