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Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management — Business
Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management

Get Paid For Your Pad is the go-to podcast for Airbnb hosts, short-term rental operators, and vacation rental entrepreneurs who want to scale smarter, earn more, and stay ahead of industry shifts.

Hosted by Jasper Ribbers, Eric Moeller, and Kaye Putnam from Freewyld Foundry, this podcast delivers actionable tips on Airbnb pricing strategies, revenue management, direct bookings, listing optimization, and guest experience. You’ll hear from real hosts, property managers, and industry pros who share behind-the-scenes insights, lessons learned, and the systems they use to grow profitable STR businesses.

Whether you’re managing one property or one hundred, you’ll walk away with practical strategies to increase occupancy, boost profits, and build a sustainable short-term rental brand.

Tune in weekly to learn how to thrive in today’s competitive Airbnb market, and get paid what you’re worth.

Freewyld Foundry offers revenue and pricing management (RPM) services to the top 1% of STR hosts. Learn more and request a free Revenue Report: https://www.freewyldfoundry.com

Hosted on Acast. See acast.com/privacy for more information.

Copyright: © Jasper Ribbers

Latest Episodes:

Industry Update - AirDNA, Placemakr, and Transparent Acquisitions Mar 18, 2022

Show notes

On the last episode of STR Conversations, Eric and I spoke about why we gave our team a budget to book a unique stay on Airbnb. Now we’re back to tell you how it went.

On this edition of STR Conversations, Eric and I recap our unique stays at Airbnbs over the weekend and discuss some of the biggest shifts in the STR (short-term rental) industry, especially in the Covid pandemic era.

We cover current events in the industry, including OTA Insight’s acquisition of Transparent, Alpine Investors' acquisition of AirDNA, and WhyHotel’s recent venture capital raise and rebrand to Placemakr.

We share our thoughts on WhyHotel’s unique business model and why AirDNA is the go-to data company in the STR space.

Listen in to learn more about how the STR industry is growing and why it’s the best place to be.

Topics Covered

Eric’s experience staying at a boat Airbnb in San Diego

My time staying at an Airbnb in the mountains in Panama

How the offerings at an Airbnb, like amenities and a good view, can drastically change the price per night

OTA Insight’s acquisition of STR data company, Transparent

Private equity firm Alpine Investors’ acquisition of AirDNA

WhyHotel rebrands as Placemakr and raises $90 million in venture capital funding

How Placemakr uses their business model to control the challenges with having long-term residents and short-term rentals in the same urban buildings

The emergence of short-term and medium-term rentals creating space for hybrid business models within rental management companies

Why the “trend is your friend” and STR markets will continue to trend up in the coming years

The lifting of many Covid-19 restrictions and what that could mean for the STR industry

Resources

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Alpine Investors acquires AirDNA to enhance data solutions

OTA Insights Announces Acquisition of Transparent

WhyHotel Rebrands as Placemakr, Announces over $90M in Equity Investment

Hosted on Acast. See acast.com/privacy for more information.

How to Dominate Your Short-Term Rental Market Mar 14, 2022

Show notes

The short-term rental (STR) industry is incredibly dynamic and always changing. If you are not constantly adapting as a business owner, you’ll get left behind.

So how can you stay ahead of the game?

Tim Mortimer is the Founder of the Australian-based STR company BNB Made Easy and the booking platform Book Orange. He has experience in the Legends X program and has doubled his number of properties since the beginning of the Covid-19 pandemic.

On this episode of Get Paid for Your Pad, Tim joins me to discuss how he has managed to develop two strong businesses in the STR industry and why he prioritizes enhancing the guest experience outside the walls of each property.

Listen in as Tim shares the importance of working with business coaches, implementing systems to maximize efficiency, and creating a strong company culture.

Topics Covered

Tim’s journey going from being a school teacher to owning his own business

How to enhance the guest’s experience outside of the short-term rental property

How Tim was able to double his amount of units during the Covid-19 pandemic

Tim’s advice to STR owners looking to quickly grow their businesses

The importance of a creating and maintaining a strong company culture with core values

The benefits of working with a business coach

Implementing systems into your business to maximize efficiency

The importance of good communication with your guests, staff, and business partners

Tim’s experience in the LegendsX program

The variety of business models in the STR industry and why there is no “best” way to run your business

Connect with Tim

Tim on LinkedIn

Book Orange on Facebook

Book Orange on Instagram

BNB Made Easy on Facebook

BNB Made Easy on Instagram

Resources

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Hosted on Acast. See acast.com/privacy for more information.

Freewyld Updates & Learning Lessons Mar 11, 2022

Show notes

Last September, Eric and I started building Freewyld, our new short-term rental brand. And to start, we took over an existing Airbnb business—four cabins on three acres in Idyllwild, California.

What’s happened in the six months since then? What parts of our business plan have we executed? What unexpected challenges do we face? And what lessons have we learned along the way?

On this edition of STR Conversations, Eric and I reveal what’s going well in our new venture and where we’re struggling, explaining why we’re focused on getting systems in place and building out the team.

I describe what tools I’m using to manage the cabins remotely, and Eric shares the unforeseen challenges he’s facing on the development side of building Freewyld.

Listen in for insight on marketing to prevent cancellations and learn our methodical approach to hiring new Freewyld team members to fill our greatest needs.

Topics Covered

Why we’re giving our team the budget to book a unique stay on Airbnb
The existing STR business in Idyllwild we took over last September
How managing cabins remotely pushes me to be creative with guest communication
What challenges we’re facing on the development side of building Freewyld
Why we're focused on getting our systems in place and building out the team
The additional challenges of having 4 units on the same property
How we’re using marketing to prevent cancellations at Freewyld
The 2 ways to build an Airbnb business and why we’re taking the patient approach
Eric's methodical approach to hiring new team members for Freewyld

Resources

The Entrepreneur House

Jasper on Instagram

Eric on Instagram

Retrograde Retreat

Stay Awhile Cabins on Instagram

FREE Airbnb Starter Guide

Get Paid for Your Pad Email List

STR Legends Mastermind

STR Profit Academy

Overnight Success

Subscribe to GPFYP on Apple Podcasts

Email team@overnightsuccess.io

Sponsor

Legends X Short-Term Rental Accelerator

Hosted on Acast. See acast.com/privacy for more information.

Email Marketing Tips for Airbnb Hosts to Drive Direct Bookings Mar 07, 2022

Show notes

Do you ever wonder what is the most efficient way to market to your guests? We’ll give you the answer: it’s email.

Email marketing can seem daunting, but it’s actually a lot easier than you might think.

Ryan Austin is the Co-Owner of Switchback Email, a company that provides professional email marketing consulting, services, and software. Arthur Colker is the CEO and Founder of StayFi, a platform that provides vacation rental WiFi and collects valuable guest data so STR hosts can drive repeat bookings.

Ryan and Austin work together between Switchback Email and StayFi and join me on this episode of Get Paid for Your Pad to discuss the ins and outs of effective email marketing.

They discuss everything from recommended communication cadences and automation tools, to brand storytelling and ROI (return on investment).

Listen in to learn more about why capturing guest emails and using them strategically leads to a much higher chance of them returning to your property in the future.

Topics Covered

Why capturing guest emails is crucial to ensure they stay at your property again

How Arthur created an easier way to capture guest data and drive repeat bookings

How Ryan uses drip campaigns and location-based emails to offer a better experience and connection opportunity for guests

Why email is the most efficient way to market to people

The importance of following permission and consent laws when creating email lists and campaigns

How to start with automation tools to gather advanced guest data

Recommended cadence for emails and touchpoints to guests

How brand storytelling and location education can lead to higher click through rates

The relationship between ROI and brand recognition

Automated emails vs general marketing emails

Arthur and Ryan’s tips for getting into email marketing

Connect with Arthur

Arthur on LinkedIn

StayFi on LinkedIn

Connect with Ryan

Ryan on LinkedIn

Switchback Email on LinkedIn

Resources

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

StayFi – Use code PAD for 50% off

Switchback Email

Hosted on Acast. See acast.com/privacy for more information.

Scale Your Hosting Business with the VOS System Mar 04, 2022

Show notes

How do you scale a short-term rental business? The answer seems obvious, right? You simply take on more and more listings.

But adding listings willy-nilly is not sustainable. It turns you into a Hectic Host, and before long, you can't keep up with the demands of running a vacation rental business.

So, what makes a hospitality brand both sustainable and scalable? What do successful STR operators do to grow their businesses the right way?

On this edition of STR Conversations, Eric and I sit down to discuss the VOS system we teach in the Legends X program, describing where the framework came from and who it’s designed to serve.

We walk you through the three pillars of VOS (vision, operations and scale) and explain why developing a brand identity and guest avatar serves as the foundation of the system.

Listen in for insight on leveraging hands-on management to create extraordinary guest experiences and learn how the VOS system can help YOU scale a sustainable STR hosting business.

Topics Covered

How the pandemic inspired the development of the VOS system
The 3 pillars of the VOS system—vision, operations and scale
What type of host the VOS system is designed to support
How implementing VOS helped Tim Mortimer grow from 40 to 100 listings
Why it’s not a good idea to scale a STR business without a clear vision
How having a vision for your STR business simplifies decision-making
The elements of VOS Eric noticed at Retrograde Retreat
The benefit of marketing your brand to a specific guest avatar
How to leverage hands-on management in your Airbnb business

Resources

The Spirit to Serve: Marriott’s Way by JW Marriott and Kathy Ann Brown

Retrograde Retreat

Stay Awhile Cabins on Instagram

This Is Marketing: You Can’t Be Seen Until You Learn to See by Seth Godin

FREE Airbnb Starter Guide

Get Paid for Your Pad Email List

STR Legends Mastermind

STR Profit Academy

Overnight Success

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Sponsor

Legends X Short-Term Rental Accelerator

Hosted on Acast. See acast.com/privacy for more information.

From 15 to 50 Airbnbs in One Year Feb 28, 2022

Show notes

Trying to grow a short-term rental (STR) company in a pandemic might not seem ideal, but the truth is that the industry is blossoming.

Believe it or not, there are some tips and tricks that can help grow your business faster than you think. In the case of this episode’s guests, the number of properties increased by 300 percent just last year.

Steven Suárez is the CEO of Argest Rentals, a full-service short-term rental management company. He is also the Co-host of Live Let Thrive, a podcast about Airbnb and the sharing economy. His business partner Federico Zimerman is the COO of Argest Rentals and extremely well-versed in the hospitality game, having flown over one million miles, to over 60 countries.

Steven and Federico join me for the second time on Get Paid for Your Pad to discuss how they grew Argest Rentals from 15 properties to nearly 50 in 2021 alone.

We chat about everything from finding new properties to the benefits and challenges of working virtually with teams of people across the world.

Listen in to learn more about how Steven and Federico have structured their business during a large growth period, tips for hiring new people, and establishing trust with new clients that are fresh in the SRT industry.

Topics Covered

Background on Argest Rentals and how they grew their Airbnb’s from 15 to nearly 50 in one year

Using Upwork to find quality employees for STR businesses

Using WhatsApp to communicate with business partners and teams across the world

The biggest challenges Steven and Frederico faced as their company started growing rapidly

The hardships and payoff of building a Virtual Assistant team to cover 24/hour business customer service

The power of word of mouth and how Steven and Frederico used that to grow their business in 2021

How to work with clients that are new to the industry and establishing trust with them

Balancing running an STR business with having a full-time job and when it might be time to quit your full-time job

Connect with Steven and Frederico

Argest Rentals on Instagram

Argest Rentals on Facebook

Email argestrentals@gmail.com

Resources

Get Paid for Your Pad Email List

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Learning Lessons from 2020 for Short-Term Rental Hosts

Live Let Thrive Podcast

Hosted on Acast. See acast.com/privacy for more information.

Legends X Class 3 Preview Feb 23, 2022

Show notes

Apply for Legends X at https://www.strlegends.com/x

Hosted on Acast. See acast.com/privacy for more information.

Build Your Hosting Business by Being the STR Expert in Your Market Feb 21, 2022

Show notes

Starting your own short-term rental business is probably not going to be an overnight success. So how can you stay motivated to put time into relationship building when you want to grow your business faster?

For Jim Odom, it was an overnight success… after a grueling five-year start up period. Jim is the co-Founder of Unveiled Vacation Rentals and runs a property management company, Unveiled Short-Term Rental Management. He doubled the size of his business in January 2022, going from three properties to six, and recently hosted a workshop for over 350 realtors in his market.

On this episode of Get Paid for Your Pad, Jim joins me to discuss the importance of bringing value to realtors and property owners in your market.

He shares his unique approach to facilitating connections across multiple networks and how Facebook Groups can be an easy tool to do so.

Listen in for Jim’s insight on how to quickly grow your network and transition those connections into valuable relationships for your short-term rental properties. Your business’s big break might be just around the corner.

Topics Covered

Jim Odom’s experience in the Legends X STR Accelerator program
The mutually beneficial relationship between realtors and STR owners
Important first steps to consider when starting your own vacation rental business
Facilitating connection and bringing great value to those in your market’s network
Using Facebook Groups to create an online connection network with stakeholders in your market
The importance of showcasing your voice and authority in your market

Connect with Jim Odom

Unveiled Vacation Rentals

Unveiled STR Management

Jim on LinkedIn

Resources

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Hosted on Acast. See acast.com/privacy for more information.

Building Your STR Brand Through B2B Marketing Feb 14, 2022

Show notes

Networking. Cold calling. Search engine optimization. There are a lot of ways to build your short-term rental business, but how can you succeed in B2B marketing without breaking the bank?

On this episode of Get Paid for Your Pad, I sit down with Kimberly Thomas, Founder and CEO of Roam Vacation Rentals, to learn about her experience taking her Airbnb side hustle to the next level by starting her own property management services company.

Kimberly dedicates her career to helping real estate investors manage, scale, and market their STR portfolios. She started Roam Vacation Rentals to offer a wide range of STR management, design services, and consulting to help her clients maximize their return on investment.

Listen in to understand the importance of implementing search engine optimization (SEO) strategies, acquiring referral sources, and working with the right people. It’s easier than you think!

Topics Covered

Kimberly’s experience owning Airbnb properties and growing them into her own business
The importance of being able to connect with your guest avatar
Building a consistent growth plan in the STR industry
Why using your personal network, cold calling, and cold emailing are crucial to gaining referral sources
The power of having thick skin in the face of rejection
Tips for having a successful SEO strategy
SEO troubles and tips for ensuring you are hiring the right experts to help you optimize your website for search
Kimberly’s biggest takeaways from being a student in the Legends X STR Accelerator program

Connect with Kimberly

Kimberly on Instagram

Kimberly on LinkedIn

Roam Vacation Rentals

Resources

Get a Free Property Income Report

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Hosted on Acast. See acast.com/privacy for more information.

Q&A from the Training - More Listings, Higher Profits Feb 11, 2022

Show notes

How should you plan for the growth of your short-term rental business? How do you keep your guest connections personal and successfully scale your business? Is it too late to get into the property rental game?

Fresh off a very successful training course, “More Listings, Higher Profits,” Eric and I take the opportunity on this episode of Get Paid for Your Pad to discuss some of the extra questions about the STR industry that we were unable to get to during the live event.

We recap the key takeaways from our event, highlighting the most common challenges in the STR industry as well as what you can do to capitalize on opportunities for growth.

Tune in for tips on ensuring your properties stand out against the competition, and get our advice on burning questions about the industry from current and aspiring STR owners.

Topics Covered

Brief overview of the “More Listings, Higher Profits” training course
Companies' struggles with the clarity of their business models
How hosts can easily fall into hectic business operations without scale and systems
How many business owners have a desire to grow but do not have actionable plans to succeed
Concerns over missing the STR boom and how to get familiar with the industry without owning properties
Best practices for managing and leading property cleaners
Understanding the importance of guest avatars and how they can make or break a business
How to find gaps in the industry that you can fill with unique properties and amenities
How to get involved in Legends X Short-Term Rental Accelerator and become a student of the STR industry

Resources

Training Replay: More Listings, Higher Profits.

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Hosted on Acast. See acast.com/privacy for more information.

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