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44. What Is Rental Arbitrage & Should You Do It? Dec 25, 2019

Show notes

We’re going to talk about a lesser-known strategy for growing your short term rental business: rental arbitrage. What exactly is it, what benefits can it provide, and what are the risks involved? We lay it all out, including our personal thoughts on it, so you can decide whether or not rental arbitrage is right for you.

Resources:

Check out www.niido.com
#STRShareSunday: @enchantedviewcabin

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

43. Advice From a Prior Airbnb Employee- with Danny Rusteen Dec 18, 2019

Show notes

What kinds of things could you learn from chatting with a former Airbnb employee?

Well, Danny Rusteen is a former Airbnb employee, and this has opened a lot of doors for him! After working for them in accounting for two years, he ended up working in a marketing role bringing in hosts, and then for an outside company optimizing hosts’ listings.

He has a ton of info to share with us, including a few tips from his book, Optimize Your Bnb.

Resources:

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

42. The “What If” Episode- with Jesse Gross Dec 11, 2019

Show notes

Do you have burning questions about starting up your first short term rental? What if your tenants throw a big party? What if someone gets hurt? The questions are endless!

We had the pleasure of meeting Jesse Gross, CEO and co-founder of Makomi, which is a short term rental management company. He has so much experience, because they manage properties from all over.

We’re going to talk about the “What If’s” that could happen to your property, and hopefully put your mind at ease!

Resources:

Find them at www.makomi.com
E-mail and get in touch at jesse@makomi.com
#STRShareSunday: @peachstatepad

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

41. Capturing Email Addresses for Your Airbnb Guests-with Kelly Rauch Dec 04, 2019

Show notes

How do you keep up high occupancy rates? You have to market!

Kelly Rauch is a marketing expert. We want your short term rental to be the best that it can be, and offer the best guest experience it can, and for you to have high occupancy rates. Marketing your property is going to help keep your occupancy rates high.

We’ve talked with Kelly before on social media marketing and having your own website, but today we’re going to be talking on of the most tried and true marketing methods: building an email list. We’re going to talk about some of the best ways to get those emails and then what the heck you should send them!

Resources:

Learn more at www.golocalanywhere.com
Kelly’s Instagram: @kellykrauch
Kelly’s STR: @casapalmarsayulita
Mailchimp: www.mailchimp.com

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

40. Airbnb & the Future of Hospitality- with Joseph Michelli Nov 27, 2019

Show notes

We are big believers in hospitality when it comes to being a host. That’s why we were so excited to read about our guest, Joseph Michelli, on the Airbnb blog. He’s an internationally sought after speaker, author, and organizational consultant who transfers his knowledge of exceptional business practices in ways that develop joyful and productive workplaces with a focus on customer experience. His latest book, The Airbnb Way, shares the secrets for Airbnb’s success that can be applied to any business as well as rental properties.

Resources:

Check out his personal site: www.josephmichelli.com
Join the giveaway and buy the book: www.airbnbway.com
#STRShareSunday: @mooncampjoshuatree

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

39. Everybody’s Booking for the Weekday: How to Get Your Airbnb Booked All Week Long Nov 20, 2019

Show notes

Have you ever said to yourself, “Our weekends are rocking, but how do I get that weekday occupancy up?”

We are all about the guest experience, but we are still trying to run a profitable business. Unless you’re in a big vacation spot, you’ve probably got some work to do to take advantage of those weekdays and make yourself some more money.

We’ve got some great strategies you can use to keep your property booked all week long!

Resources:

Thanksforvisiting.me
Want to open your own short-term rental? Then get your FREE copy of 7 Steps to Your First Guest at thanksforvisiting.me!
#STRShareSunday: @thecoconutcasita

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

38. Why You Should Keep All Bookings on the App (Even Your Mom) Nov 13, 2019

Show notes

This episode is all about the importance of booking all guests — including your mom, your grandma, and regular corporate clients — through the app, whether that’s with Airbnb or another platform.

Sometimes hosts are tempted to take cash, PayPal, or Venmo bookings, but trust us — it’s way more trouble than it’s worth.

Resources:

Want to open your own short-term rental? Then get your FREE copy of 7 Steps to Your First Guest at thanksforvisiting.me!
Instagram: @thanksforvisiting
Smartbnb: https://www.smartbnb.io
#STRShareSunday: @thelosthaus
Check out The Lost Haus: https://www.airbnb.com.au/rooms/32692455

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

37. Creating a Website (in Addition to Airbnb) for your Short Term Rental- with Kelly Rauch of Local Anywhere Nov 06, 2019

Show notes

A few weeks ago, Kelly Rauch taught us about how we can utilize Instagram and Facebook to market your short-term rental — go check that episode out if you haven’t already — and today she’s back to share how you can leverage a personal website to grow your short-term rental business.

Resources:

Connect with Kelly on IG: @kellykrauch
Check out the website for the property that Kelly is managing: www.casapalmar.com
Check out the property on IG: @casapalmarsayulita
Learn more about Local Everywhere: www.golocaleverywhere.com

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

36. Hiring A Co-Host + Sharing Your Vacation Rental with the World- with Jennifer and Jamey Ratcliff Oct 30, 2019

Show notes

Jennifer and Jamey Ratcliff are an incredible couple — and an incredible couple of entrepreneurs in the Columbus area! They own a local restaurant, Arch & Eddie’s, and a local brewery, Sixth Sense, in addition to an adorable condo that they rent out using Airbnb.

But, with three businesses, Jennifer and Jamey are obviously really busy! That’s why they wanted to hire a co-host to help their Airbnb, and they ultimately landed on Sarah. We get a lot of questions about what it means to be a co-host, so today we’re going to dig into what that partnership looks like, from both sides, and what Jennifer and Jamey were looking for when they were hiring.

Resources:

Check out Jennifer & Jamey’s Airbnb: abnb.me/NJhrbZQbSW
Instagram: www.instagram.com/ohiobrewcouple
#STRShareSunday: @old_city_hosting

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

35. Airbnb 101: How to Handle Damages Caused by Guests Oct 23, 2019

Show notes

When people start hosting short-term rentals, especially if they’re sharing their own home, they are usually worried about two things: damaged/stolen property and parties (which can lead to damaged or stolen property)!

Unfortunately, things do happen, although less than you might think, but there are things you can do as a host to minimize any costs associated with the damage and ensure your hosting status isn’t damaged itself.

But, really, we do want to emphasize that this happens very, very rarely — so don’t let this fear be what stops you from jumping into the short-term rental game!

Resources:

Want to open your own short-term rental? Then get your FREE copy of 7 Steps to Your First Guest at thanksforvisiting.me!
Instagram: @thanksforvisiting_
#STRShareSunday: @jointheranks

Thanks for Visiting is a production of Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

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