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

Airbnb just released the biggest change to Airbnb categories in a decade.   They completely changed the search on Airbnb, leaving everyone wondering how it will affect their listing and if it will still show up.   Kelvin Mah is the founder of Rankbreeze and an Airbnb SEO specialist. Rankbreeze is a listing optimization software that helps you optimize your listings to make sure you show...

Last September, when Eric and I started building Freewyld, our new short-term rental brand, we took over an existing Airbnb business—four cabins on three acres in Idyllwild, California. At that time, we took over the whole business, including the staff. But over time, we ran into some challenges working with the existing cleaning team. And then the challenges escalated. We realized the cleaning st...

With larger property management companies looking to add to their portfolios, we're seeing more Airbnb entrepreneurs selling their businesses.   But what can you do to structure your business to ensure it's an attractive acquisition target?   Julie George discovered the world of Airbnb in 2016 when she listed her one-bedroom unit on the platform. In November 2016, she established Host My...

On this episode Eric and Jasper talk about the biggest Airbnb update in a decade, the 2022 summer release. What are the biggest changes, and what are the consequences for guests and hosts? Listen in and find out! Hosted on Acast. See acast.com/privacy for more information.

Are you looking for another revenue stream for your short-term rental space?   Does your property have unique features that would be great for a photoshoot or filming a cooking show?   Enter Peerspace the Airbnb for events. Launched in 2014, Peerspace is a global peer-to-peer marketplace that allows you to rent your creative space by the hour for events, meetings, and productions.  ...

Are tiny homes the solution for our Freewyld experience? The jury is still out! For those of you who may have missed our recent podcast, we are investigating tiny homes as an option to help get our Freewyld community on the road to being completed and profitable much sooner than the estimated timeframes we are receiving from both contractors and counties. If you missed it, you can listen here. On...

Francisco Arango is an old-school host with over 5000 5-star reviews on his combined Airbnb accounts. He reads and responds to all his feedback because he cares about his guests, learning from and applying it to improve his product and keep things top-notch.   Francisco joined me on the show back in 2018, and at that time, he was formulating his plan to begin buying run-down motels to convert...

There are just a few spots left open in the STR Legends Mastermind! The STR space has changed and evolved in the past two years. We’ve gone from not knowing if the industry would survive the pandemic to industry movers and shakers growing from 50 units to 500. There are more professional operators, companies, and entrepreneurs than ever in the STR space, which means more people to network with and...

How does a short-term rental entrepreneur grow from two to 100+ Airbnb units? And then leverage the cashflow from that business to buy a boutique hotel?   Rebecca Slivka is the cofounder of boutique hotel Hicksville Trailer Palace and STR management company Pillow and Coffee .   Rebecca got her start on Airbnb in the Los Angeles market, scaling the rental arbitrage model to a portfolio o...

We’ve run into some construction challenges that could delay our Freewyld project by up to two years. A massive boom of people moving out of the cities into the mountain areas like Idyllwild, California, has caused a six to 12 month back up of both contractors and counties. By the time we find an architect to design the cabins we want for our Freewyld space and then go through the approval process...

We can all agree we need to conserve energy to save money as heating costs soar out of control. But how can we do that while also impacting the environment, the climate, and our future? Becoming an Airbnb host was the last thing photographer and science writer Nathan Welton saw himself doing. He got into the business by accident, with his first review being a one-star. Even so, he suddenly found h...

Gas prices are currently up 50% from last year, and it doesn’t look like they will level off anytime soon. After we faced off with the pandemic are rising gas prices the next hurdle that will trickle down into the SRT industry? At first glance, it would seem like the right answer would be a resounding yes. But there’s actually a lot more data that goes into determining if rising prices are going t...

One of the hardest things about establishing new short-term rental properties is deciding on the direction of the interior design.  It’s often overlooked, but it’s crucial to the integrity of your brand. So why do it alone? There are tons of awesome companies out there to help you achieve your interior design dreams and bring your property to the next level. On this episode of STR Conversatio...

We talk a lot about growing short-term rental (STR) companies. But what happens when we grow our businesses quicker than we anticipate? Six years ago, Alex Cybul had no Airbnb experience, decided to get into the STR industry, and quickly grew his business, VacationAruba.com . Today, Alex manages over 100 units.  On this episode of Get Paid For Your Pad, Alex joins me to discuss how he got his...

We have big news! Our STR Legends Mastermind program is officially open for new members.  We’re kicking off the program in May, followed by an in-person event in June in beautiful, sunny Mexico.  On this episode of STR Conversations, Eric and I discuss STR Legends Mastermind and the incredible benefits it brings to the people and companies we work with through the program.  We share...

How do you take an Airbnb property from a stay to an experience?    The goal of any Airbnb is to understand your guest avatar so well that you can create an experience that makes your guest feel like they have found their own special place. Recently, Eric and I were chatting on the podcast when he mentioned he and his girlfriend had stayed at the Retrograde Retreat in Joshua Tree, design...

Have you ever been part of a group of elite business owners connecting, learning, and helping each other solve problems all while having a good time? Two years ago, just two months before the lockdowns we went all into the business model of creating and hosting our mastermind groups all over the world. And then the lockdowns came, and the world stopped turning.  Now the world has reopened. We...

Plenty of markets have emerged as large players since the start of the Covid-19 pandemic. With the ability to work remotely, more people are expanding outside of major cities and looking for short-term rentals (STRs) in lower-traffic areas.  So what are the top locations to invest in for rental property owners? Tia Castle is a real estate coach, crypto agent, and the Founder of CastleLux Rent...

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...

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 prope...

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...

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,...

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...

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...

Apply for Legends X at https://www.strlegends.com/x Hosted on Acast. See acast.com/privacy for more information.