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All Forum Posts by: Karina Busch

Karina Busch has started 5 posts and replied 34 times.

If sellers can prove income you could probably get a DSCR loan. Or explore short term owner financing if they would do that for 1-5 years.

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 34
  • Votes 19
Quote from @Tyler Divin:

One more point about duvets: the reason we sometimes use triple sheeting instead of a duvet boils down to cleaner personal preference.  One of our cleaners hates duvets because she doesn't like taking the comforter in and out.  I think duvets are superior, but since this cleaner hates them, her prices are fair, and she consistently produces 5-star reviews, we allow her to triple-sheet.  We're also comfortable with it as an alternative because there are large, well-respected hotel brands that triple sheet, so that tells us it's an acceptable method.


 I also hate switching out Duvets, it's a huge PITA IMO, so that's why I have steered away from that method bc I would hate to be the cleaners switching them out multiple times a week. So to clarify your triple sheet method, you put fitted sheet, 2 flat sheets, comforter, then another flat sheet on top? 

Post: Unlock the Secret to Scaling Your Airbnb Empire (Without Burning Out)

Karina Busch
Posted
  • Posts 34
  • Votes 19
Quote from @Tyler Divin:

I'm curious what folks here think is a typical co-hosting arrangement as far as fees, who does what, and who's profile is the property listed on?


 I was quoted 22-30% of nightly rate with onboarding fees from $800-1500. So I'm continuing to self manage. This was in Sedona AZ. 

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 34
  • Votes 19
Quote from @Tom Woodhouse:

I'd recommend looking into getting duvets for your comforters so you can wash those every time and then maybe wash the comforter itself once a month maybe 


Thank you. I feel like duvets are great (and have them at home) but putting them on is always a PITA so I use a thinner comforter than can be washed easily and have extra blankets if the guests need them. 

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 34
  • Votes 19
Quote from @Patricia Andriolo-Bull:

Personally, I cringe when I hear that people don't wash them after every turn.  Our set up doesn't allow us to get them done each time so we have an extra set and our cleaners take them offsite to wash after each guest.


 Same! I use thinner comforters and have extra to rotate out. 

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 34
  • Votes 19

That is what I do. I have extra comforters and wash/rotate them every guest. We have a new STR in a different area and the cleaner said her other customers don't and that shocked me! So I'm also trying to get a feel for what is standard but I plan to continue my current plan of washing every time.

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 34
  • Votes 19

Curious about how often you are washing comforters on beds in your STRs?

Post: Lessons learned in first 2 years of owning our first STR

Karina Busch
Posted
  • Posts 34
  • Votes 19

This is great advice, thank you! We have one Airbnb and are getting our second set up in a different area. I also want to remind people to think about what does (or could) set your property apart from the competition. Amenities, location/proximity, unique decor, great outdoor space, etc. For example, we live on a farm, so I emphasize the animals that are there, which is a big driver of our bookings. Personally, I have selected stays that are farther away than I wanted because they had cool quirky decor, a unique environment, or a great patio. 

We stay at a lot of BnBs when we travel and when I search it is amazing to me how many of them have bad descriptions, cheap looking generic or mismatched decor, and crappy photos. I remember one that had decent photos and was a gorgeous home but was REALLY close to a major attraction and it wasn't even mentioned. The description was practically "it's great, you're going to love it" lol. If good writing is not your strong suit, enlist a friend, family member, smart coworker, other host, or even AI to help you. And don't make it too long or too short. People want to know what's offered but nobody wants to read 3 pages of solid text. 

I am still figuring out pricing models and have just been doing it myself but am interested to hear which pricing and management platforms everyone likes best, especially now that I will be having 2-3 to manage before the end of the year. Thanks for all the insights!

Post: Giving VRBO a head start on Airbnb

Karina Busch
Posted
  • Posts 34
  • Votes 19

I have only listed on Airbnb so far and have been very happy with it but have only been at it a couple months. When you list on both platforms does it automatically communicate and block off dates that are booked or you have to do it manually? Or do you have to use a 3rd party site to keep them updated and then spend more? 

Post: A very simple way to increase your ROI inside your STR

Karina Busch
Posted
  • Posts 34
  • Votes 19
Quote from @Garrett Brown:

As everyone is getting for the holidays to ramp up and the new year to turn, I want to give some insight into a simple thing that me and my team have been doing to increase our ROI by about 10-15% each month. Some people already do this, but I chatted yesterday with someone who had not thought of this, so I wanted to give out one of my best ways to maximize your revenue and resources.

We upsell 3-to 4 simple packages that guests love; I have trained my cleaners to handle them (they make extra money), my VAs help schedule it with cleaners, and we still make a 50% profit margin on everything.

An example of one package we have is a Romantic Package - $199. 
12 Balloons (buy the helium tanks and keep balloons on site for your team or use a local shop)
Rose Petal Entry Way (bought off Amazon)
2 Dozen Roses (local grocery store for $10-15 each dozen)

Led Candle Display (bought off amazon and reusable)
I Heart U Signs (amazon and reusable)
Champagne (or wine if they want)

This equals around $60-70 each time and we pay our cleaner $40 to set up. Guests love this upsell for the experience provided, they are more likely to share on social media, you can use the decorations as marketing, build relationships with local vendors, and provide extra income for your team. 

We even (I still can't believe it) had a person stay in one of our units that is about $350 a night, who bought EVERY SINGLE PACKAGE (Romantic, Birthday, Breakfast, and Pizza/Smores Kit) and spent $1000 in packages alone. I definitely thought it was a scam but it was legit and easily one of my most profitable 1 night stays away from a pure revenue stand point. We sell about 5-6 of these a month per unit. Happy hosting and holidays my fellow STR friends!


 Awesome ideas, thank you!