Thanks For Visiting

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Jennifer asks:I run Pepin Forest Treehouse in Wisconsin. How does growth become exponential and how do people tend to do it so quickly? What does that look like with debt-to-income ratios? How are people growing their businesses on such short timelines? What's the secret that I'm missing? (00:01:23) What’s the Secret for Exponential STR Business Growth?(00:02:59) FOMO & Unpacking Social Media Growth Narratives(00:06:08) Unexpected Ways Someone Might Finance Real Estate Deals(00:07:49) Reframing Your Mindset: Total Doors vs. Profit MarginThanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistHosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.StayFi | Go to www.stayfi.com and enter TFV to get 50% off your first three months.

Today’s expert guest is Tara Zirker. Tara is the owner and founder of Successful Ads Club, a high-touch support training platform where she teaches thousands of business owners how to rapidly scale their small businesses through the power of Facebook and Instagram Ads with tiny budgets (and has received over 1,000 positive student reviews!).She’s worked on ad campaigns with people like Marianne Williamson (New York Times bestselling author), Jordan Lee Dooley (multiple 7-figure lifestyle entrepreneur), and Hilary Rushford (multiple 7-figure style guru), and has spoken at large conferences like Social Media Marketing World & Traffic and Conversions.In this episode, Tara shares how to get started with Facebook ads, even on a tiny budget – you can start with as little as $10 a day! We also discuss the most common mistakes people make, what metrics to watch to ensure you never pay too much for a lead, and how to avoid wasting money on Facebook Ads.(00:01:07) #STRShareSunday: @lil.desert.cabin(00:03:37) How Tara Got Into Digital Advertising(00:08:14) Campaign Budgets : Big & Small(00:11:09) Most Common Mistakes People Make(00:19:21) Audience Retargeting & How To Do It Effectively(00:23:02) What You Need: Platform, Financial & Time Commitments(00:30:03) Tips for Measuring the Efficacy of Your Facebook Ads(00:32:44) Top Tools for Generating Click-Worthy Creative(00:38:09) Frequent Frustrations & Roadblocks to AvoidResources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comSuccessful Ads Club: successfuladsclub.comWebsite: tarazirker.comInstagram: @tarazirkerLinkedin: Tara Zirker#STRShareSunday: @lil.desert.cabinThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistBreezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Minoan | Visit MinoanExperience.com and tell them TFV sent you!Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Caitlyn asks:Midterm rentals are a really great option for a lot of us hosts. What do we need to be looking out for when looking for great tenants?(00:01:47) Guests vs. Tenants: 28 Days Later(00:05:13) Building Rental Processes in Zillow(00:07:13) List Your Property as BOTH an STR & Midterm Rental(00:12:39) How Do I Collect Rent from Mid-Term Rental Tenants?(00:16:25) Preview of an Upcoming Episode ThemeThanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comHow To Use The BRRRR Method for Short-Term Rental Financing #313Thanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistStayFi | Go to www.stayfi.com and enter TFV to get 50% off your first three months.

Today’s expert guest is Kenny Bedwell, in a session recorded at TFVCON2023 in Columbus, Ohio. Kenny founded STR Insights in 2021 as a tool to help investors find the most advantageous STR markets for their unique circumstances using advanced data analytics.We pulled Kenny aside to have a side chat – between his immensely popular educational sessions at the conference – to dig in a little deeper on what he had been presententing to attendees: How to use data to inform good decision making. He shares the top mistakes people are making when researching and buying rental property and sheds some light on a few positive trends he’s seeing across the industry. We also touch on the idea of tagging along with the creation of new National Parks and share a few recommended analytics tools.It’s 2024, people! Data analytics is table stakes to running any optimized business, especially in a space like ours, where so much personalized information is collected on a daily basis.(00:01:27) #STRShareSunday: @eclipse_poconos(00:07:29) Most Common Mistakes Made in Real Estate Prospecting(00:12:28) Kenny Bedwell on the Future of the Short-Term Rental Industry(00:14:55) Sarah & Annette Comment on Kenny’s TipsResources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.com#STRShareSunday: @eclipse_poconosSTR Insights: app.STRinsights.comVisit rentresponsibly.org for information on what’s going on in your marketRecommended STR analytics tools: PriceLabs, AirDNA, and KeyDataThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistHostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Minoan | Visit MinoanExperience.com and tell them TFV sent you!Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Claire asks:My name is Claire and I have started managing a number of other Airbnbs on the island that I live on. I made the mistake of having the listings under my Airbnb account. I really need support on how to run this (co-hosting) business from an admin/legal point of view. What do I need to get in place so that I can grow? (00:01:27) How Should I Expand My Airbnb Hosting Business?(00:03:14) Finding the Perfect (Licensed) Co-Hosting Partner(00:05:35) Understand the Nuances of Longer Term Listings(00:08:26) Benefits to Being a Licensed Host or Co-Host(00:09:23) Sarah’s Advice from Personal Experience (00:12:38) Pros & Cons to Owners Keeping Their STR Listings(00:14:40) Take Home Tips for Managing Rapid STR Business GrowthThanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistStayFi | Go to www.stayfi.com and enter TFV to get 50% off your first three months.

Today’s expert guest is Catherine Ratcliffe. A vacation rental owner and host since 2018, she’s pivoted from a successful HR career to run a consulting business where she takes on tough subjects for employers and hosts – including today’s heavy topic, the global human trafficking crisis.Catherine shares subtle details to look out for and security protocols to implement in your business to combat this horrific invisible threat. You will leave this episode with a list of new methods to root this evil out from where it lurks, to identify issues in your organization or that of your partners and vendors, and to act on what you see.In the United States, we are the largest consumer of our own people. Host, guest, interested in our industry or not – if you are a member of society, this conversation applies to you. This is going to take everybody, globally, elevating our awareness and being on board with the mission of ending human trafficking.(00:01:25) #STRShareSunday: @yyhminnesota(00:06:20) Catherine Ratcliffe’s Mission & Inspirations(00:13:59) Recommended Step-by-Step Training Protocol (00:22:08) What Can STR Hosts Do to Combat Human Trafficking?(00:31:45) How to Address Trafficking Issues That You NoticeResources:Linkedin: Catherine RatcliffePolaris ProjectThe NO MORE ProjectAlliance to End Human TraffickingFlorida Alliance To End Human Trafficking Training CourseVisit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.com#STRShareSunday: @yyhminnesotaThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlistMinoanMinoan | Visit MinoanExperience.com and tell them TFV sent you!Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Samantha asks:We are super slow right now. With the exception of trying to figure out how to fill my units, is there anything else you recommend that I can do to better prepare my space for when we are busy? Do you have suggested preventative maintenance? Do you use that time to update your listing? What do you recommend? (00:01:32) Samantha Asks About Recommended Offseason Protocol(00:02:35) Pressure Testing & Deep Cleaning (00:03:41) Review Subscription Costs & Optimize Revenue (00:06:16) Work on Your Business in the Slow SeasonThanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comBreezeway preloaded checklists: https://hubs.la/Q01hkVLX0Thanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Quiz | Take our quiz to reveal your hosting personality style!StayFi | Go to www.stayfi.com and enter TFV to get 50% off your first three months.

Today’s expert guest is Bill Allen in an interview conducted during TFVCON2023. Bill’s informative presentation inspired and empowered attendees to seek out creative financing outside of the typical bank structure. It may sound scary, but the logic behind this shift will surprise you!Amid the buzz and bustle of the conference atmosphere, Bill gets tactical with tools to shift your mindset from lender to partner, from building a transaction to building a relationship. He also shares wisdom on what to do when it goes wrong, and how to hack your process to avoid failure (at least in the traditional sense) altogether.It’s an eye opening perspective, to be sure. Check out the below linked related episodes for more information on these concepts, and keep an eye out for upcoming episodes in this area as more and more short-term hosts look to pull the plug on their short-term rental dreams. (00:01:23) #STRShareSunday: @theadamsfarmhousevt(00:04:11) Exploring the Idea of Family/Friendly Financing(00:06:52) Mastering the Mindset of Creative STR Financing(00:10:39) What Happens When an STR Deal Doesn’t Work Out?(00:15:52) Changing How We View & Use BanksResources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.com#STRShareSunday: @theadamsfarmhousevtTips for Establishing a Private Lending Partnership #281Buying Land & Property Using Creative Financing Options with Mike Hicks #124Read: Failing Forward: Turning Mistakes into Stepping Stones for SuccessThanks for Visiting is produced by Crate Media.Mentioned in this episode:Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.

In this Hosting Hotline episode, the hosts provide tips on finding unique decor for rental properties on a budget. They discuss using custom wallpapers, handmade items, and antique shops. They also explore creative ideas like graffiti art and peel and stick wallpaper. Additionally, they suggest incorporating living plant structures and installations around mirrors to create a memorable experience for guests.

Today’s expert guests, James and Laureta, are Superhosts with nine years of multimarket hosting experience. They started their short-term rental journey by renting out a bedroom in the apartment Laureta was living at the time – in Brooklyn – and together, they soon discovered their love of restoring historic buildings and dynamic properties.Of course, we ask Laureta about that first risky listing – two rooms in her own apartment in the early days of Airbnb – about launching and scaling their hosting business, and more, but the crux of our conversation falls on the harsh reality of New York City's newly implemented STR ban. Now, is it a total ban? No. James and Laureta still operate their listings as short-term rentals in New York City. It can be done, but you have to know your stuff (and be in the right building) to make it happen. James and Laureta show us the way.Tune in to get the skinny on hosting in the city, pre- and post- regulations, and how these two brilliant entrepreneurs have leveraged their ability to think ahead of the game on their way to building a short-term empire down the east coast.(00:01:29) #STRShareSunday: @hyggesonoma(00:06:00) Getting Into the New York (Hosting) State of Mind(00:15:57) Reimagining an Abandoned Bed-Stuy Space(00:24:43) The Community of Hosts & Hosting in NYC(00:29:21) Is This the End of Short-Term Rentals in New York?(00:32:19) Team Structure & Future Plans(00:40:59) NYC Housing Crisis vs. STR RegulationsResources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comInstagram: @jamesandlauretaAirbnb Profile: About James And Laureta#STRShareSunday: @hyggesonoma Thanks for Visiting is produced by Crate Media.Mentioned in this episode:Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!