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Updated almost 3 years ago,
Advice from those who are doing really well in Airbnb
Hello my name is Naeem, I am 26 and I stay in the Chicagoland area. Currently I have two Airbnbs in Chicago and one in Houston. I've been hosting on the platform since 2020. Although I have already gained some knowledge and experience, I would like to find someone that is not opposed to sharing with me ways to maximize my profits. New days I'm only breaking even and it leaves me questioning if I should continue to do Airbnb and short term rentals because of the hassle that I deal with and not enough pay out. If you are making a decent profit I would like to know how and what key strategies that seem to work do you have in place to generate the most income in a pretty popular market. The biggest problem I'm seeing is pricing, the dynamic pricing that I use isn't really effective in fact it seems like its slowing down my bookings. Just would like some advice on a continuous bases to help me in the right direction of success.