I list one side of a duplex in North Austin on Airbnb as a medium term rental (30+ days). I found there are 3 ways to increase revenue on a medium-term rental:1. The most obvious one is increasing your nightly rate. I...
The title pretty much says it all. I bought a property long distance as a STR. Had a full service PM who basically disappeared after setting up and a few guest stays and now I have to manage it. I have a family mem...
I was searching Robert Kiyosaki throughout the BP episodes and no Kiyosaki. Being one of the biggest names and one of the most influential individuals in real estate you would think he would have shown up by now. Have...
My wife and I have been doing very well listing a guest house at the front of our home on AirBnB for three years now. I've found AirBnB to be VERY easy to manage and their fees are low. But I've reached a point where ...
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
Hey BP!!Wondering if in your markets for your STRs (Short Term Rentals) are you seeing the ADRs (Average Daily Rates) a lot lower than what you were originally forecasting for the year, and are the majority of your bo...
I am certainly one of the bigger proponents of STR's, but I do think it is important to keep in mind that these are assets which require creativity, upkeep, costs, and a whole lot of TLC. With that said, I think it is...
There are many systems and processes that you should implement when running an Airbnb business in order to make it more profitable. However I thought I'd provide a short list of some things that you should NOT do as a...
My wife and I decided to get started in REI by converting our primary home into our first short term rental. We packed up and moved to Asheville, NC, and started to manage the Airbnb back in Wilmington, NC.
We're on...
Has anyone ever deleted an Airbnb listing and then re-listed it?
Some background...
I recently launched a listing that now has 5 reviews and a shameful 4.2 overall rating. I had a string of bad guests that resulted...