Garrett Brown
This ONE Change Can Boost Your Airbnb Ranking
24 January 2025 | 25 replies
That’s why improving your Click-Through Rate (CTR) is one critical metric to focus on to boost your Airbnb profit and visibility.The key to improving your CTR?
Joy Daniels
What Marketing Strategies Have Helped You Increase Occupancy Rates for Your STRs?
25 January 2025 | 8 replies
Even calling Airbnb or VRBO CS and telling them that you just looked for your listing and could not find it, will boost your algorithm ranking somehow.
Jerry Zigounakis
First STR Advice
27 January 2025 | 9 replies
I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?
Cole Starin
Considering Property Sale
24 January 2025 | 5 replies
With the equity you’d free up, paying off $50k in personal debt and boosting your credit score while freeing up $3k/month sounds like it could significantly lower your stress and open doors for future projects.That said, selling means you’d lose a cash-flowing asset, even if it’s not huge.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
Quote from @Mary Peale: May I ask which amenities you added that you believe contributed to a revenue boost?
Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
27 January 2025 | 2 replies
THEN, I plan to purchase the second home using a FHA or conventional loan (3%-5% down), for which I will likely pay the monthly cost out-of-pocket, maybe with some rental income support if it is a duplex.My concern is, I do not want to spend my savings or weigh down my debt-to-income ratio so much so that I cannot qualify for and pay the down payment and closing for the lending on the second home.Questions: - With the first home being multi-family, 75% of the rental income (or potential rental income initially) will relatively either maintain or boost my debt-to-income ratio from lenders' perspectives, right?
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
The key is to offer something different to the other homes, and be an attentive host, to get good reviews to boost OTA (Airbnb/vrbo) rankings.
Charles Aiello
Eager to learn
21 January 2025 | 4 replies
Also, check out if there’s any new development or improvements happening nearby, as that can boost property values.