STR Co-listing - Tips

[Yehuda Spiewac]

Hi all, I’ve seen some talk lately about co-listing on Airbnb as a good market to enter without requiring a lot of capital and being able to manage on a more flexible schedule. I was wondering if anyone has experience with this and can offer some tips/insight? I also have a couple specific questions:

1. I came across an online course professing that you don't need to visit or live near the properties you manage. I find this hard to believe having been an STR guest myself and understanding some of the urgent matters that can arise. If it means hiring local people, (I.e. cleaning, handyman, someone to act on your behalf in an emergency,) then where does that leave you if you're only in it for a co-lister's cut?

2. Is the standard cut for the co-lister really 25-30%? Is it a scalable business?

3. Any recommendations for a good area to consider in the Tri-State or eastern PA region?

Any and all responses appreciated!! Thanks!