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So tell our listeners a little bit about yourself and your background? how did you get started in short-term vacation rentals? Tell us about your properties? are you handy? How important is it to be handy, and hands-on with your properties? Who are your guests? allow pets or not? Your photos are gorgeous, guessing you have these taken professionall…
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So tell our listeners a little bit about yourself and your background? how did you get started in short-term vacation rentals? Mortgage brokers, I would think gives you an advantage just knowing the numbers inside and out, is there a lesson here for investors or someone who is looking to purchase their first STR? Tell us about your properties? I kn…
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This episode is simply one of our best, Ashley is an amazing woman with a great story. She does it all, she owns and manages over 25 properties, she is a third-generation general contractor, she slept on an air mattress after moving to Charlotte North Carolina until she house hacked her first property, while she BRRRR it. She explains how she did i…
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Jesi from Nerdy Retreats So tell our listeners a little bit about yourself and your background? let's start with your name nerdy retreat? Where or how did this come about? how did you get started in short-term vacation rentals? Explain your properties? How many do you currently manage? I found you on Instagram and I love your photos, it really gets…
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Chantal from #tinystays in Ontario Canada tells her amazing story coming from losing her leg in a tragic motorcycle accident to becoming a para-Olympian and competing in the Rio Olympic games in volleyball. Never had played volleyball in her life. She shows amazing resilience and after retiring from the Olympics, went off to school and after decidi…
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Ashley talks about how it all started for her and Phillip who were dating and in their early twenty's. Phillip and Ashley went to a family Christmas party and had his relative who was a real estate agent tell him about his Airbnb and said you should do this too. Phillip a true entrepreneur at heart jumped on the idea, not only did he buy one, he le…
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The top 10 amenities guests want right now include: A pet-friendly space Wifi Free parking A pool A jacuzzi A kitchen Air conditioning Heating A washer TV or cable Whether you are a single property owner managing it yourself, or a vacation rental company owner managing a bunch, it's EASY TO BE MEDIOCRE. (AVERAGE) and not even know it sometimes. Rec…
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Do you have a seasonal maintenance program for your vacation rental? After a busy summer season- many tasks are put off for the slower months- seasonal maintenance is a great time to "catch up" Have you ever had pipes freeze? Heat not turn on? Septic backup? A sudden snowstorm and no shovel? Fall maintenance prevents frantic phone calls from guests…
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Intro of Bob and Becky, tell us about yourselves and how you decided to get into Airbnb Why Branson Missouri? Why does Branson seem to have a lot of large properties, sleeping as much as 25 per house? Tell us about the property? Leading into your first guest, can you tell our listeners what you both did, did you divide the tasks? decor? linens? sof…
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Stephanie tells her story about starting as a cleaner while caring for her husband who was battling Lou Gehrigs disease, becoming a single mom and having the pressure of caring for three young kids on her own. She then starts and grows her own cleaning company. She talks about chasing the big guy in town who managed many properties and getting her …
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We have been super busy. 35 properties, bought a new one without walking into it in a new market the Outer Banks of North Carolina. See how that is going with an established "old school" property management company. Is the laundry system about to break? How about the trash system? Is life actually easier at 35 properties compared to 10? A fun episo…
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Today we are reflecting on some of the major lessons we have learned from the Vacation Rental Business. We've been self-hosted owners to now property managers who oversee the operation of 20+ vacation rentals. If you are considering starting a Vacation Rental Business, whether that is just renting out a room or overseeing 100 properties, these less…
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In Episode 17: Evolution, we walk you through the evolution of our business from investing in our first property to what changes we will need to in order to grow further. Our hope is that our story will inspire others to challenge their goals and think bigger. When we first started we did it all. We cleaned, communicated, answered calls at 5 AM and…
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What is a Virtual Assistant? A Virtual Assistant (VA) is any freelancer who can help take tasks off of your to-do list so that you, as the business owner, can focus on the money-generating tasks. A VA is a 1099 subcontractor position so hiring one can allow you to get the help that you need without having to pay hefty employment taxes or for benefi…
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If you are new to the vacation rental business you may be wondering do I need a management company or should I manage it myself? Before growing our business to manage other vacation rentals, we self-hosted our two properties. There are a lot of decisions that go into this subject. Pros of Managing it Yourself You have total control over your busine…
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Curious about expanding your short-term vacation rental business? Becoming a co-host or property manager can help you grow without having to invest in more properties. We have a Property Management business but we do not manage the property rather manage the vacation rental. We take care of all of the bookings, conversations, guest issues, turnover…
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Owning a short-term rental may not seem like owning your own business, but it totally is a business. Like all business owners, it is important to take care of yourself. Let's talk about some routines and practices that we do each day to keep ourselves feeling motivated. Morning & Nightly Routines It may seem trivial but one of the most important pa…
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One of the key factors for success as a short-term rental is keeping your property occupied at the best rate. Today, one of the founders of Pricelabs, Anurag Verma, joined the podcast to share how their company is helping thousands of short-term rental owners maximize their revenue with their dynamic pricing software. The company began when one of …
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Why do some properties crush others? With the number of homes on the short term rental market, they can't all tie for first. What makes some stand out above the rest? We analyzed our 20 active properties to see which ones were outperforming the others and why using occupancy rate and the price per night. What do our top homes have in common? You'd …
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As a vacation rental owner you are not merely renting out your space you are creating a unique experience for your guests and to be successful at hospitality changing your mindset to reflect this is imperative. Each decision you make should be about building a long term business, never make a decision based on short term game. You should invest in …
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If we had to give one word to describe owning a business in 2020, that word would have to be "pivot". It was an incredibly difficult year and you either thrived or struggled. In today's episode, we are looking back at our biggest wins and our biggest mistakes of the most challenging year of our lives. Biggest Wins of 2020 #1. Growth At the start of…
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Daniella Morganelli got her start in the vacation rental business by traveling worldwide throughout her life with her mom. By visiting other areas she learned essential tools and tricks to make a memorable guest experience. Two years ago she purchased a condo in Glen, New Hampshire that she transformed into a vacation rental. She had the intention …
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Running a short-term rental business can kind of feel like "flying in an airplane that isn't finished yet" according to our guest Amy Corbett from All Belong Collective and we couldn't agree more. As an entrepreneur, it is imperative that you are flexible and able to handle new problems with ease. In today's episode, we dive in and take a closer lo…
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I've got a question for you, what story does your home tell your guests? Like all businesses your brand is essential for creating unforgettable customer experiences. Each of our homes has been designed to create a long-lasting impression on our guests so that they are itching to get back. In Peter and Julia's second vacation rental that they person…
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Are you confident that your house is cleaned for perfection and that it'll bring in a 5-star review for cleanliness? Cleaning is one of the most difficult aspects of running a successful vacation rental business. While it does need to be perfect for your guests, especially during a pandemic, cleaning isn't something that you should stress about. We…
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Are your messages helping you get amazing reviews? Are you getting reviews at all? If you answered "no" to either of these questions, this is for you. From day one we invested in automatic messaging. It was an important investment that not only saved us time and energy but also ensured consistent messaging across all guests. In total, we have five …
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There are many ways to set yourself apart from the competition on Airbnb and many of these tips work for other platforms as well. Today, we are breaking down the Logify article "Top 10 Tips for improving your ranking" and giving our opinions for what is most important to focus on. Airbnb is similar to a search engine, it's algorithm is designed to …
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If you are just starting your journey into the vacation rental industry you've probably heard the importance of getting the Superhost accreditation on Airbnb. It's a term dropped by many leaders but how can you, as a newbie, reach that coveted status? First off, let's go over why being a Superhost is important. If you do a random search for Airbnbs…
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Have you been thinking of a new project to invest in? Are you looking to diversify your income by adding a second stream of income? Are you looking for something you can have more control over? With the current state of the world, many people are searching for additional forms of income. Husband and wife duo Peter and Julia Plourde had these same q…
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