YouTube video by Tim Hubbard advising short-term rental/property managers about Stripe fees charged when connecting via property management software (e.g., Hostaway, Guesty). The speaker will explain how platforms add an extra percentage fee, how to set up Stripe correctly, and how these fees can cost managers thousands.
I meet with short term rental software providers all the time. My team and I are on top of the industry, so we're always using the best options and we're also maximizing the profitability with our properties. And one thing that caught me off guard recently was this additional fee that Hostaway and Guesty and all of the major property management software platforms are charging you to connect with Stripe. So I want to break down all the little details about Stripe, how you should be properly setting it up, and how this percentage fee that you're getting charged is costing you thousands of dollars. Stay tuned.
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