Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

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Hosted on Acast. See acast.com/privacy for more information.

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Have you ever wondered how to maximize your short-term rental revenue by making strategic pricing adjustments to your Airbnb booking funnel?Today, Jeff Brown, co-founder of Loma Homes and Founder of IntelliHost, joins me on "Get Paid for Your Pad" to discuss a new tool to help property managers optimize their booking funnels and increase their revenue.IntelliHost, the platform built by Airbnb hosts for Airbnb hosts, empowers short-term rental hosts to make data-driven decisions and optimize their listings to earn more revenue. IntelliHost provides real-time data on the impact of listing changes on search metrics.In this episode, Jeff shares the factors that impact search visibility, how to activate Professional Host Tools on Airbnb to gain access to deeper metrics and insights, and what to focus on to maximize bookings, plus he explains how to identify gaps in booking periods and provides tips on how to fill them proactively.Listen in as Jeff shares how IntelliHost's dashboard can help property managers visua

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Ranking well on Airbnb is essential for short-term rental hosts to increase bookings and revenue.However, numerous factors can make achieving a higher ranking on the platform challenging.The sheer number of listings, constantly changing algorithms, and ranking factors that determine search results, coupled with the competition from other hosts in the area, make it crucial to continually adjust your strategies to stay ahead.So, what goes into ranking better on Airbnb?Daniel Rusteen is a former Airbnb employee, author, Airbnb Superhost, and founder of the website and YouTube channel OptimizeMyBnb.com. He has been hosting guests on Airbnb for over a decade and has written several books on short-term rental hosting, including the soon to be released, Profitable Properties. Today on "Get Paid for Your Pad," Daniel joins Jasper to discuss how short-term rental hosts can improve their ranking on Airbnb and shares his insights on the 13 factors that determine search results and how hosts can adjust their strateg

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As we're on the brink of AI becoming something that everyone around the world is using, it's become a hot topic in the STR industry, with discussions focused on how hosts can harness the power of language-driven AI technology to improve productivity and efficiency in various tasks such as content creation for more bookings.Bart Sobies is the founder of iBooked Online, an AI-powered vacation rental website builder, and today we're talking about how you can how can STR hosts leverage artificial intelligence to drive more direct bookings for your STR business.Bart shares his step-by-step instructions on how to get started using AI to improve your short-term rental listings and drive more direct bookings. He walks us through his approach to using AI to enhance your content consistently across the board.Listen in as Bart shares how to use your reviews to generate more optimized content to make your listings stand out, creating a personal experience for your ideal guest avatar rather than simply promoting your prop

In the competitive and fast-paced world of short-term rentals, partnering with investors can be a game-changer for scaling your business. Partnering with investors is a great way to build up equity without getting a mortgage or investing your own funds. However, successfully finding and partnering with the right investors can be daunting. Josh Kristoff and his team at Nomad Capital Ventures have successfully scaled to 50+ units through partnerships. Josh is the Managing Partner of Nomad Capital Ventures, a real estate and property management company out of Jacksonville, Florida. He's participated in our Legends Mastermind and is currently in our Rising Stars Mastermind.  In this "Get Paid For Your Pad" episode, Josh joins me to explore scaling a short-term rental (STR) business to 50+ units through partnerships. He'll share his expertise and his team's experiences in understanding the market, finding investors to partner with, and why setting clear goals is paramount. Plus, the m

Due to inflation ​​in the current economic environment, investors are struggling to find a good return on their investments, with many investments offering a low rate of return or even resulting in a loss of money.So, we're seeing a shift in investor conversations, with high-wealth individuals more interested in parking their money in the right investments with the right people and getting involved in something exciting.If you have a unique vision, experience aiming vision, and you're solving a unique problem in the space, many investors want to get involved in short-term rentals.So, how do you start raising money for your Airbnb business, brand, and vision?Freewyld has raised $2.2 million from investors with a commitment of an additional $2 million for the expansion of one of our hotels and the goal of putting together $20 million worth of funding to acquire more projects this year.We have a vision and are focused on sharing what we're learning with you as we go.On this edition of STR Conversations, Eric and

Many of the short-term rental hosts in our student groups reported a slowdown in bookings at the start of 2023. But that trend did not apply to Kimone Campbell. In fact, she had a record-breaking month in January! What is she doing to drive more bookings? Kimone is Founder and CEO of Adasa Properties, Orlando Luxury Stays and Kissimmee Luxury Stays. Kimone bought her first two short-term rental properties in March of 2020 and has expanded to a portfolio of 13 units generating $500K in revenue in just three years. On this episode of Get Paid for Your Pad, Kimone joins me to explain how a real estate coaching program inspired her interest in short-term rentals and where she gets the drive to take action fast in her Airbnb business. Kimone discusses how AI tools empower STR hosts to up our marketing game, describing how she’s using ChatGPT to create marketing campaigns for past guests and generate social media content quickly. Listen in for Kimone’s advice to up-and-coming Airb

As more people look to scale their short-term rental business, competition in the industry has increased. Simply relying on personal networks or word of mouth is no longer enough to attract properties. Hosts must find unique ways to stand out, grow, and scale. And you don't need a massive audience, but you do need an engaged audience.If you are struggling to attract properties and stand out in a sea of competitors, there is ONE strategy you can implement right now to succeed. In this episode of STR Conversations, you will learn how to become an authority in your market, focus on a niche, build partnerships, and develop a growth plan.Eric and I discuss the marketing triad for short-term rental properties, which consists of three components: free sources, paid traffic, and partnerships and the importance of a solid plan and consistency. Listen in to discover how to establish yourself as THE authority in your market area and build your brand with the proven property abundance plan.  Plus

Real estate has proven to be an incredibly powerful investment over time, with values consistently increasing.However, with the current economic climate, including rising interest rates and inflation, impacting real estate pricing, investors may be hesitant to enter the market.It's understandable to question whether it's a risky time to invest in property.But is it still a good time to get a mortgage and invest in real estate, even at current prices?The answer is it all depends. So, what exactly does it depend on?Jason Hartman® is the CEO of Empowered Investor and Real Estate Tools, a software company in the real estate space. As an Airbnb host and short-term rental expert, he has successfully guided numerous clients in purchasing properties in a single market. Jason's Complete Solution for Real Estate Investors™ offers a comprehensive system that equips investors with education, research, resources, and technology to fulfill all their income property investment needs.According to Jason, "Income property is t

ChatGPT AI (artificial intelligence) has more than 100 million users within the first two months of its launch and more than 13 million daily visitors making it the fastest-growing consumer application in history.But often, when these new tools come out, people sit on the sidelines, waiting to determine if it's right for them.Recently, everywhere I've turned, it seems every business owner I've spoken to, or entrepreneur or forward thinker, has been talking about this tool and how they're introducing it to their everyday life, but also trying to figure out how the use of the technology could be beneficial and how they could integrate it into their business.The truth is AI isn't going anywhere. So, how can you learn to harness this powerful tool for more productivity to save time in your STR business?On this episode of STR conversations, Eric and I are talking about the super sophisticated and powerful chatbot that can learn from what you're telling it, Chat GPT.We'll discuss what it REALLY is, what it isn't, a

I lived in Barcelona for two years. One reason why Spain is a great place to visit is its affordability, as highlighted by a three-course meal with wine for only 10 euros. But that's not the only thing that makes Spain a wonderful country. Its diverse culture, rich history, and breathtaking landscapes are just some of the many reasons to explore this beautiful country. However, beyond all that, what truly makes Spain a special place is its people. Today on "Get Paid for Your Pad," I have two guests, Juanccho Betancor and JuanJo Bande, from Spain. Juanccho Betancor is a Legends X graduate and successful short-term rental host. He began his journey by renting out several properties and later transitioned to Airbnb. In addition to hosting, Juan is passionate about analyzing investments in the space and sharing his experiences with others. He even has his own YouTube channel where he talks about all things short-term rental. JuanJo Bande is an architect who is passionate about the short-term r

Airbnb's Q4 2022 earnings report showed a 35% revenue growth over the past six months, indicating a strong travel industry recovery after COVID. The numbers surprised investors and disproved claims of an "Airbnbust." Only 21% of property managers on the Transparent platform saw fewer bookings out of over 275,000 short-term rental listings worldwide. Bottom Line: there is NO BNBbust! Although there's currently no sign of a BNBbust, reduced demand on the Airbnb platform is pushing hosts to explore new ways to build genuine hospitality brands. So, how can you keep up with the post-Covid market, adapt to changing customer needs, and improve your business strategies to focus on guest acquisition and retention? In this episode of STR conversations, Eric and I delve into Airbnb's Q4 2022 earnings report, uncover the current realities of the short-term rental industry, and explore the pressing need for hosts to cater to the informed traveler of today. Tune in to gain valuable insight on

Not only is sustainability important from an environmental perspective, but it’s also a growing trend in the travel industry. According to studies done by Booking.com and Expedia, about 80% of people consider the values of a property to be a factor in their booking decision. When booking, travelers are beginning to research whether properties are using green cleaning products, reducing single-use plastic, and using energy-efficient appliances and lighting. And sustainability is not just a trend; it’s a critical aspect of our future, and now is the time for short-term rental hosts to begin embracing the concept of becoming more sustainable.But we all know hosts generally don’t have much time to spare or funds for upgrades‌. So, what can short-term rental hosts do to become more sustainable without investing a lot of time and money?Vanessa de Souza Lage is the Founder & CEO of Sustonica, the 1st sustainability recognition specifically for short-term rentals. With their standard for vacation h

"We're delivering what a host needs, not what a host wants." Being a short-term rental host can be a demanding and stressful experience. Growth without a plan can cause you to work around the clock, sacrificing your evenings, weekends, and even holidays to attend to customer service and maintenance issues. With all of that going on, it's easy to get bogged down, become a hectic host, AND lose sight of the joys of success. But there is another way. So, how can you find a better work-life balance while setting and achieving the goals that will help you build a sustainable short-term rental brand you can be proud of? On this episode of STR conversations, Eric and I are celebrating the 2nd anniversary of our Legends X program by sharing our journey and unveiling the results we've achieved as we've led nearly 300 hosts through the program. We'll give listeners a look at the driving force behind our mission to transform STR companies into thriving hospitality empires by packi

 The COVID-19 pandemic has profoundly impacted how we live and work, and one of the most significant changes has been the rise in remote work. This has resulted in increased travel by digital nomads who can work from anywhere, increasing the popularity of short-term rentals.This shift has also brought attention to the affordable housing crisis, leading to stricter regulations on short-term rentals by local, state, and global authorities.But advocates and local alliances are deploying more strategic strategies, with fewer groups passively accepting potentially illegal regulations.So how can short-term rental hosts join forces and engage at the local level to create a nationwide impact?Dana Lubner is the head of advocacy at Rent Responsibly, working closely with local alliance leadership teams to ensure their success and collaborating with local alliance teams to achieve their goals. Before this, she co-led Effortless Rental Group, a property management firm in Colorado, with her brother. When Denver imple