Short Term Rental Riches

Whether you sold your house, decided not to rent your home any longer, are doing a major renovation, or dropped the ball and got some bad initial reviews with your short-term rental, you might want to consider deleting it. This week, we will talk about how to delete your Airbnb listing (not your entire account!) and what other different Airbnb alternatives are worth pursuing before making that final and irreversible decision. I have removed quite a few listings myself over the years and so this week I’ll share with you my experiences and some facts on: Why you might delete your listing Before and after considerations How to delete your Airbnb listing  Airbnb Alternatives you might want to consider Can Airbnb deactivate my listing? Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live events, short-term rental playbook, Instagram, and more!

There are times when a man’s best friend gets promoted to its highest calling, as a crucial companion for members of the community. As a service animal. Today, a lot of people rely on them to help assist with disabilities. This higher calling however brings about a new set of rules you need to know in regards to your short-term rentals. By law, we have to make reasonable adjustments to accommodate service animals. But what about emotional support animals? (ESAs)How do you really know the difference between a service animal, an ESA, and a pet? And how do they exactly fit in our short-term rentals? It gets tricky. So, this week we’re busting all the common myths about service animals and vacation rentals. We will discuss: What’s a “Service Animal”  What’s an “Emotional Support Animal” (ESA) What’s the difference??? Can you deny them? The questions you can ask Airbnb and Vrbo policies Can you charge pet fees? Here is a link to Airbnb’s policiesAre you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live events, short-term rental playbook, Instagram, and more! P.s. did you know that we just launched a mastermind group where we can talk directly? Find out more info here

Have you considered putting out the welcome mat for the furry, four-legged travelers of the world? Well, there’s a pretty substantial market for pet-friendly vacation rentals. Study shows that more than half of pet owners bring their furry friends along on vacations and this is becoming the trend. According to Airbnb, the most popular amenities right now include wifi, free parking, and..a pet-friendly space! There is also growing evidence that pet-friendly properties are more lucrative than their non-pet neighbors. For starters, pet owners tend to stay longer in one location, meaning higher occupancy rates for your property, which also means maximizing the potential for earning in your listing.  The question of whether or not to allow pets, however, is not an easy one. Many short-term rental owners have split opinions on the subject. If you are wondering if maybe offering pet-friendly properties isn’t a bad idea, after all, there are some simple ways and ideas to accommodate man’s best friend and protect our properties at the same time. This week, we’ll discuss: Pros and cons   Expectations to include in house rules Pet-proof your rental (Furnishing for your pets) Pet fees and cleaning fees How to request money for accidental damage to property? Longer-term stays (people don’t leave their pets at home forever) Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live events, short-term rental playbook, Instagram, and more! P.s. did you know that we just launched a mastermind group where we can talk directly? Find out more info here

Explore the mystery behind identical properties performing differently in the short-term rental market. Learn how slight adjustments can dramatically affect occupancy and daily rates. Discover essential metrics like conversion rates and page views to measure your rental's success. Gain insights on comparing properties and tracking changes effectively. Plus, a bonus tip for those managing multiple listings makes performance assessment even easier!

I know the hesitation. You’re staring at your Airbnb listing wondering… is this the right title? Is this the best title? Did I charge the right cleaning fee? Should I change my photos and descriptions? Am I missing something? Because we rely so heavily on listings sites like Airbnb and VRBO to advertise our properties for rent as short-term rentals, it's important that we do what they want when it comes to our online listing setup. It’s only right that we do what they ask, isn’t it? Would your property be staying booked so easily without them? Hopefully! But for many of us, that’s not the case, after all, they do spend $100s of millions on advertising on our behalf :) And so when I say “do what they ask” I'm actually referring to machines. Yes, machines. I can say with 100% certainty that on the other side of our computer screen there is not a human being reviewing our listings; it is a machine. A machine looking for certain data that it can plug into its algorithms to let Airbnb know that the listing is in fact a good one or a bad one less deserving of lucrative reservations.  So how do we make these search algorithms (machines) happy to ensure that our listings are viewed by as many people as possible? That’s what we’ll uncover this week in a quick episode breaking down the top five. Doing what they ask Completing the listing sections (correctly) Safety features A few pointers in regards to photos  Keeping up on our listing (Monitor)  Superhost metrics: (VRBO “premier host”)   Refer back to some of the prior episodes mentioned this week: Episode 118 (listing titles) Episode 70 (Must have photos) and Episode 91 (what NOT to do with your photos) Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live events, short-term rental playbook, Instagram, and more! P.s. did you know that we just launched a mastermind group where we can talk directly? Find out more info here

Operating short-term rentals reveals the surprising wear and tear our bathrooms endure. Guests will inevitably put fixtures to the test, making regular maintenance crucial. Discover essential tips for stocking supplies and ensuring a clean, welcoming space. Plus, find out about an often-overlooked item you’ll definitely need to consider. Elevate your property’s appeal by understanding the intricacies of bathroom upkeep and keeping the experience enjoyable for your guests!

Explore the fascinating world of real estate investments as biases from the past can cloud today's decisions. Discover how skyrocketing property prices can be misleading when cash flow and income remain strong. Learn the importance of price per square foot as a crucial metric for informed investment choices. Adaptation is key in a changing market, and understanding these factors can empower you to navigate real estate with confidence.

Discover the secret to smoother short-term rental management through effective communication. Learn how to create a free digital guidebook using a favorite tool, making guest interactions seamless and visually appealing. The discussion centers on sharing information efficiently, crafting detailed instructions, and developing housekeeping checklists. These strategies not only streamline operations but also enhance the guest experience, ultimately making property management easier and more enjoyable.

There is quite a lot that goes into furnishing a property and I’m not just talking about the money. It takes some thought. A good design takes work and since it is such a crucial element to the success of your short-term rental you want to make sure you do it right. You may think you have the interior design skills your guests will be seeking out but are you sure? The first place we like to start is with a floor plan or what you could call our “road map” (see last week's episode #125). In addition to outsourcing your floor plans, you can easily hire someone on Fiverr or Upwork to help you with the virtual design!  Other sites are taking that even one step further… You can now actually order all of the furniture they have recommended from the same exact place where you got your design help! Pretty cool right. And easy. So this week we’ll talk about a couple of options and break them down:  What exactly can these virtual designers do?  Where can you find them?  How much do they cost?  Coordinated order purchases - time Are they actually worth it?  Check out Modsy here and Amazon Showroom here Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more! P.s. did you know that we just launched a mastermind group where we can talk directly? Find out more info here

There is quite a lot that goes into furnishing a property and I’m not just talking about the money. It takes some thought. A good design takes work and since it is such a crucial element to the success of your short-term rental you want to make sure you do it right. The first place I always recommend starting is with a floor plan. It will save you time and money and also be an additional resource your guests will love (more on that later in the episode). A floor plan will allow you to make sure you’re not putting a couch in a space that doesn’t fit (episode 113 we talk specifically about couches). You won’t accidentally squash a work desk in a corner that doesn’t fit. I can almost guarantee you that if you use a floor plan before you furnish your space you will end up changing your mind on how some of your furniture is laid out. There is a reason all of the pros use them after all! Luckily, today it’s easier than ever to have floor plans created for you so this week we’ll talk about a couple of those options as well as a couple of DIY options:  How can I create a floor plan myself A couple of DIY programs Where can I hire help to create my floorplan (virtually) How much do they cost?  Why your guests will thank you Check out Modsy here and Amazon Showroom here Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more! P.S. did you know that we just launched a mastermind group where we can talk directly? Find out more info here