Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management

"The ones who are crazy enough to think that they can change the world are the ones who do," Steve Jobs Often in the busyness of working on our businesses each day, our brains try to drive us to focus on the tasks we can focus on today to get a result. So, we dig into those tasks that require a lot of physical and mental work. And, at the end of the day, we feel accomplished—and we are.  But we want more! We dream of creating a globally recognized brand, building community, and bringing something unique to the marketplace—all while creating a memorable customer experience. Yet we can’t make any significant traction on our dream for our STR business when we're stuck putting out fires and moving the needle at a snail's pace. So, how can you adopt a higher-level vision, attract the right people into your story, and scale at a different level, ultimately building something bigger than you ever envisioned? On this edition of STR Conversations, Eric and I share an update on our vision for Freewyld. In just 30 short days, things have taken off at a rocket's pace, and we've got much to share with you today. Listen in as we share what we created with our host vision map and working with Legends X helped us discover the blueprint we needed to scale Freewyld at a different level. We'll share the story of the discovery we made during the pandemic that helped us solidify our vision, how that clarity led to our connecting with the right people in our journey, and how you can do that for your brand, too. Plus, we'll share some exciting news about some upcoming high-level guests we will be hosting on the show. Topics Covered What is the #1 best way to build a businessHow the COVID-19 pandemic helped birth the most important aspects of the Freewyld BrandHow a longing for nature and disconnecting from technology created 'Freewyld' vibes and solidified the visionThe #1 way to create a more connected businessHow sharing your process becomes like a time capsule for your journey to share to help othersThe most important aspect of creating a story that your ideal guest avatar can connect withWhy following people who've achieved extraordinary things helps you aim higherWhy it's vital to stay in your lane of brilliance and hire the best for the restWhy getting super clear on what you want to build helps attract the right people to partner with you on your journey and connect to your visionHow to create a business that is truly in alignment with who YOU are Resources Get Paid For Your Pad on YouTubeLegends X STR AcceleratorJasper on InstagramEric on InstagramGet Paid for Your Pad Email ListSubscribe to GPFYP on Apple Podcasts FREE Airbnb Starter GuideOvernight SuccessEmail team@overnightsuccess.ioSponsored ByLegends X STR Accelerator Hosted on Acast. See acast.com/privacy for more information.

“Earn dollars, spend pesos, that’s a very attractive proposition these days,” Patrick SpanfelnerJust 4 hours away from Miami, Cali is the 3rd largest city in Colombia. With an amazing climate year-round, exceptional nightlife, and entertainment, it's the go-to place to live a high quality of life at a low cost. For investors, Colombia doesn't have any restrictions on foreign ownership. There's a great pool of inexpensive contractors, architects, and so forth, and affordable service. Add to that the possibility of a 10% profit after costs and the luxury of soaking up the tropical sun and investing in the emerging Latin market sounds like a great opportunity. But investing in Colombia or any Latin foreign country can also have some big drawbacks. So, how can you take advantage of the short-term rental investment opportunities in Colombia without the risks? Patrick Spanfelner has been living and investing in STR real estate in Colombia for over seven years. His current portfolio includes over 33 units. You can find his units at EXSTR Apartments and learn more about visiting, living, and investing in Cali and Colombia on his blog, The Cali Adventurer. On this episode of Get Paid for Your Pad, Patrick joins me to discuss the highlights and attractions of tourism in Cali, Colombia, and why it's the perfect place to live your digital nomad lifestyle. We'll discuss the pros and cons of investing in the STR market in Colombia and why now is a great time to take advantage of the strength of the US dollar. Listen in as Patrick shares the story of how one of his investments took the wrong turn, costing him most of his life savings, and how you can eliminate most of the risk when investing in STRs in a foreign market.Topics CoveredPatrick shares the story of his journey to Colombia and investing in AirbnbsWhy now is a good time to look abroad for your real estate investmentsHow the heavyweight US dollar is assisting foreign investors in getting more bang for their buckPatrick shares the average nightly rates in Cali, ColombiaWhy it's a cash market for foreigners in ColombiaThe pros and cons of investing in ColombiaInsider tips to eliminate most of the risk of investing in a foreign marketThe pros and cons of managing properties internationallyWhy you need a great manager if you are not planning on being 'on the ground' with your STR investmentsPatrick walks us through the legalities of paperwork for investing in ColombiaThe mix of tourists and attractions for travelers and investorsWhy Cali is such a great place for digital nomadsThe most crucial factor to consider when investing internationallyConnect with Patrick SpanfelnerEXSTR ApartmentsPatrick on Instagram ResourcesGet Paid for Your Pad YouTube ChannelLeave A Review on Apple podcasts for a chance to WIN Sponsored ByLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

If you’re an Airbnb host with a small number of units, you may not think branding is all that important. But if you want to grow your STR business and enjoy long-term success, it’s never too soon to upgrade from host to hospitality brand. On this episode of Get Paid for Your Pad, Eric and I sit down to discuss why it’s so important for STR hosts to build a hospitality brand and how branding is born out of the vision of what you want to create. We walk you through the three key elements of a hospitality brand, weighing in on how branding informs every decision you make—down to the soap and toilet paper you choose for your STRs. Listen in to understand why a hospitality brand is so much more than a logo and learn how to take the first steps in branding your Airbnb business! Topics CoveredWhy we hired a creative director for Freewyld and what the role entailsThe 3 key elements of a hospitality brand—visuals, language and productThe power of thinking BIG and sharing the idea behind your brand with othersThe misconception that a brand is simply a name and a logoHow a brand is born out of the VISION of what you want to createHow branding informs every decision your make for your short-term rentalsWhat I love about some of my favorite hospitality brandsWhy it’s a problem when the branding doesn’t align with the guest experienceWhy branding is important for both big and small vacation rental companiesHow to start building a brand by creating a host vision map and vibe bookResources  Freewyld on PinterestStrawberry Creek VillageShangri-La HotelCitizenMThis Is Marketing: You Can’t Be Seen Until You Learn to See by Seth GodinAvantStayGPFYP on YouTubeGPFYP on InstagramSTR Legends MastermindFREE Airbnb Starter GuideReview GPFYP on Apple Podcasts  STR Profit AcademyEmail team@overnightsuccess.io Sponsor Legends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

Do you dream of growing your short-term rental portfolio to tens or even hundreds of units? Yes, a successful host can invest their profits in buying additional STRs. But it doesn’t take long to run out of your own money. So, what if you could use other people’s money to purchase more vacation rentals? How does it work to fundraise capital from investors for your STR business? Daniel Kalenov is Chief Investment Officer at Diversus, a boutique private equity firm that invests in luxury hospitality and affordable housing. Since 1999, Daniel has analyzed, purchased, repositioned and managed income-producing real estate assets, and he has an MBA from Harvard Business School. On this episode of Get Paid for Your Pad, Daniel joins me to explain how his mother’s experience with the stock market inspired his interest in real estate investing and why he made the shift from single-family rentals to the STR industry. Daniel shares his best advice for hosts who want to grow their portfolio through fundraising, describing how a private equity fund works and how to educate prospective investors on STR opportunities. Listen in for insight on partnering the right deal with the right investor and learn how Daniel has built a global portfolio of ultra-luxury STRs, mobile home parks and boutique hotels. Topics CoveredHow Daniel and his mother emigrated from Russia to the USWhy Daniel’s mother lost much of her retirement savings and how that experience led him to real estate investingWhat inspired Daniel’s shift from investing in single-family rentals to the STR industryHow Daniel’s private equity fund was born when he ran out of his own moneyDaniel’s advice to STR hosts who want to grow their portfolio through fundraisingWhy Daniel suggests sitting down face-to-face to educate prospective investors around the opportunity in STRsHow Daniel explains private equity as pooling money from individuals to fund a real estate dealHow Daniel leveraged fundraising to scale his portfolioWhy Daniel focuses on luxury hospitality and affordable housingDaniel’s 2 boutique hotel projects in Belize and why he chose that marketWhy it’s crucial to couple the right deal with the right investorConnect with DanielDiversus FundDiversus Fund on LinkedInEmail daniel@diversusfund.comResources Rental with a ViewGringo: The Dangerous Life of John McAfeeMahogany Bay Resort by HiltonSix SensesBocas Del Toro, PanamaSTR Legends MastermindEmail team@overnightsuccess.ioSponsorLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

Are you a problem solver who understands everything from products to systems and people to profit?Have you built a STR business with over 100 listings?Have you ever thought of becoming a coach?If so and you want to find out how you can get started impacting people’s lives and businesses, this episode is for you.Teaching something to another person or helping them get started in your space elevates both of you and enables you to become a better CEO and business owner.And the benefits don’t stop there. Sharing your knowledge while working with influential people that are in the same business as you are while trying to solve the same problems and achieve similar goals is priceless.On this edition of STR Conversations, Eric and I share a new opportunity to join our Overnight Success Team as a coach.We share what we are looking for in coaches, the requirements to join our team, and the #1 criteria we are looking for in an Overnight Success Team Coach.Listen in as we share our insight into how great coaching trickles down into your entire organization and how major YouTube phenomenon Mr. Beast has become legendary by reaching back and pulling others forward (for FREE).Plus, we’ll share the biggest impact of being a coach from Rebecca Slivka, STR Legends X 90-Day Accelerator coach.Do you want to join the Legends X Team as a coach? Click here to learn more and apply for the role.Want to be a part of the 5th Legends X Short-Term Rental Accelerator class beginning October 17? Applications are still open. Apply NOW!Topics CoveredHow surrounding yourself with strong coaches forces you to grow for more impactHow you can give back in your marketplace while raising the bar for your own business3 life-changing benefits you get from coaching (or joining our team)The BIGGEST impact of being a coach from Rebecca Slivka STR Legends X 90-Day Accelerator coach (hint: it’s not the money)The #1 criteria we are looking for in a coachThe number #1 factor to consider BEFORE applying to become a coach with usThe ONE reason you shouldn’t enter coachingHow to step out of imposter syndrome so you can impart your knowledge to help othersThe requirements and commitment for the coaching position with Legends XResourcesMr. Beast's YouTube ChannelMr. Beast on Joe RoganExpert Enough: The Fastest Way to Create a Career as a Go-To AuthorityFrom Master Leasing 100+ Units to Owning Boutique Hotels with Rebecca SlivkaSubscribe to GPFYP on Apple PodcastsFREE Airbnb Starter GuideEmail team@overnightsuccess.ioSponsored ByLegends X STR Accelerator Hosted on Acast. See acast.com/privacy for more information.

Imagine seeing your short-term rental on the big screen! Production companies rent properties all over the world and pay a premium to film in those spaces.But you won’t find film crews on Airbnb. So, how do you tap into this opportunity?Laura Wegner is Founder of The Suite Life Whistler, a STR company out of Vancouver, British Columbia. She is also a former professional actor and advocate for the film industry with expertise in hosting production crews in her short-term rentals.On this episode of Get Paid for Your Pad, Laura joins me to explain how to list your property with the local film commission and share her standard operating procedure for vetting a production company.Laura discusses how her daily rate for a film crew compares to what she charges on Airbnb and describes how a crew might change your space to accommodate the script.Listen in for insight on designing your space to attract the interest of a location manager and learn how to leverage the film industry to fill your Airbnbs.Topics CoveredHow Laura’s experience as an actor inspired her interest in hostingThe Hallmark series that recently filmed on Laura’s property in Whistler, BCHow to list your property with the local film commissionLaura’s SOP for vetting a production company that’s interested in her propertyHow Laura’s daily rate for the film industry compares to what she charges on AirbnbLaura’s approach to negotiating price with a film’s location managerThe most popular days of the week or seasons for shooting a movie and how long filming takesWhy you may have to show your property several times before you get a bookingHow a crew might change your space to accommodate the scriptHow to design a short-term rental space to attract the film industryConnect with LauraThe Suite Life WhistlerThe Suite Life on InstagramLaura on VRBOResourcesPeerspaceNikki & Nora: Sister SleuthsCreative BCPeloton Bikes on GPFYP EP392GPFYP on YouTubeGPFYP on InstagramSTR Legends MastermindFREE Airbnb Starter GuideReview GPFYP on Apple PodcastsSTR Profit AcademyEmail team@overnightsuccess.ioSponsorLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

The number of day-to-day decisions you must make when running a business can be insurmountable. It's easy to let the creative team connection fall by the wayside. And let's be honest, ZOOM meetings aren't the same as carving out time away from the distractions of the office with the key players of your team somewhere new where the creative juices can flow. We've just returned from our team quarterly off-site, and today we're sharing our biggest takeaways from that experience with our listeners. On this episode of STR Conversations, Eric and I are walking you through the BIG benefits of shutting off technology and being 100% present with your key team members. We'll share why time away from the day-to-day is vital to solving the biggest challenges in your business—no matter what size your organization is.  Listen in for a breakdown of what precisely an off-site is and a behind-the-scenes look at our Q3 off-site for Freewyld and Overnight Success. We’ll offer you expert insight into how the BIG corporate teams, like Instagram, Facebook, and Google, evaluate their goals and share our biggest takeaways from our team off-site. Plus, we'll share our discovery that we've been operating Freewyld as hectic hosts and the actionable steps we're taking in Q4 and beyond to change that. If you are interested in an insider's look at the structured format we use for our off-sites, email us, and we'll get it right out to you. Topics Covered The difference in energy when the big players in a company gather to brainstorm ideasThe first thing to do during your off-site to get the creative juices flowingWhy shutting down technology is the key to solving the biggest challenges in your businessHow 90-day vision planning impacts your goalsThe most important part of the off-site (hint: it's not goal planning)Why it's essential to take a step back from the emotional attachment to your goalsHow do you evaluate your goals according to an expert who has run BIG corporate teams for companies like Instagram, Facebook, GoogleHow to develop a plan for the upcoming to ensure the success of your entire teamThe BIG difference between making it like Elon Musk and struggling as a hectic hostWhy shortcuts won't work for building a business (unless you do this)How making a decision empowers actionThe key difference between building an STR business and a hospitality brandResources  Get the Structured Off-Sites FormatLegends X Short-Term Rental AcceleratorFREE Airbnb Starter GuideGet Paid for Your Pad NewsletterSubscribe to GPFYP on Apple PodcastsReview Get Paid For Your Pad on Apple PodcastsSTR Legends MastermindEmail jasper@getpaidforyourpad.comSponsored ByLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

"Girls Just Want to Have Fun" and bachelorette weekends are an expanding short-term rental niche where you can charge premium rates and make bank. But they can also come with some very BIG drawbacks. So, how can you set the right expectations from the start so you can tap into the lucrative ‘girls trip’ market without ending up with noise complaints and destroyed property? STR investor Kent He saw the demand for bachelorette trips in Scottsdale, Arizona, so he studied the data, took a chance, and jumped in—a move that paid off! Now, he's using his influence in the STR space to advocate for the development of affordable housing for all. On this episode of Get Paid for Your Pad, Kent joins me to talk about why it's vital to have a niche to be successful in the Airbnb space today and how his bachelorette-themed properties are skyrocketing his revenue. We discuss how he gathered the data to make his properties a success and the role the Get Paid For Your Pad podcast played in helping him determine when the time was right to focus full-time on his short-term rentals. He'll share why paying attention to the smallest details makes the most impact in the girl getaway niche and how to bring your vision for your properties to life to give your guests an unforgettable 5-star experience. Listen in as Kent shares the 4 questions he uses to screen out problematic guests and the policies you must have in place if you want to successfully host girls weekends at your Airbnb properties. Plus, how a beauty bar and a Peloton bike help them attract right guest avatar. Topics CoveredWhy you need a niche to be successful in the Airbnb space todayHow Kent’s company uses their property names and images to draw in guestHow over-delivering on the small details delivers the best experience possible for all girl getawaysThe 4 questions Kent and his team use to vet their guests (and screen out problems)The critical policies you need in place if you want to host bachelorette partiesThe life-changing thing Kent learned from listening to the Get Paid for Your Pad podcastHow Kent and his team are using their Airbnb listings to debunk the myths and expand their mission for affordable housing for allConnect with Kent HeKent on Instagram ResourcesLe SoleiGirls trip @Spa de SoleiLindsey Petersen CollectionsLegends X STR AcceleratorGet Paid for Your Pad NewsletterLeave A Review of Get Paid for Your Pad on Apple podcasts for a chance to WIN FREE Airbnb Starter GuideSTR Legends MastermindEmail jasper@getpaidforyourpad.comSponsored ByLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

Fueled by the increasing demand for rentals for digital nomads and the uptick in regulations by cities on short-term rentals, medium-term stays are now the fastest-growing category on the Airbnb platform.So, how can we jump into the medium-term market and get all the benefits of investing in Airbnbs without the hassle of turnover or the risk of changing city regulations?Zeona McIntyre has been an Airbnb host since 2012 and owns 12 long-term, mid-term, and short-term units. As an avid real estate investor who owns and manages a double-digit portfolio, she teaches listeners how to achieve financial freedom through real estate on her podcast, Invest2FI. Zeona is the co-author of the soon-to-be-released book, 30-Day Stay: A Real Estate Investor’s Guide to Mastering the Medium-Term Rental.On this episode of Get Paid for Your Pad, Zeona joins me to talk about what constitutes medium-term and the advantages of these types of rentals.Listen in as Zeona shares some insider tricks for finding more customers, managing your calendar, and the special touches she adds to make her guests feel at home in her medium-term rentals. Plus, she reveals her secret insider trick for filling up last-minute bookings.Topics CoveredWhich type of rental is the most hands-off (and which is the intensive)The difference in ROI between short-term, medium-term, and long-term rentalsHow to use medium-term rentals to fill up your calendar when you are not ‘in-season’Where the highest demand for medium-term rentals is right nowWhere to find customers for your medium-term property rentalsBest upgrades to add to your medium-term rentals to impress your guestsHow Zeona manages her calendar to keep out the gaps in stays in her rentalsZeona's SECRET for filling up last-minute bookingsConnect with Zeona McIntyreZeona McIntyreZeona on InstagramResourcesPreorder 30-Day Stay: A Real Estate Investor’s Guide to Mastering the Medium-Term RentalWhat You Should Know Before You Buy Property with Zeona McIntyre EP110LandingFurnished FinderLeave A Review of GPFYP on Apple podcasts for a chance to WIN Sponsored ByLegends X STR Accelerator Hosted on Acast. See acast.com/privacy for more information.

Every day for an STR entrepreneur is filled with numerous tasks, some of which consume the time you could spend growing your business using your unique skills. If only you could get the low-level projects off your plate, freeing up your time to focus on taking your business to the next level. You can if you hire a virtual assistant (VA). It's easy to hire a VA. But it's not always easy to hire the right one, assimilate them into the culture of your business, and then keep them as a part of your team while growing their role. Most hosts don't have a plan for any of it, so they end up in the cycle of hiring and firing VAs until they throw in the towel and decide working with a VA isn't working. It doesn't have to be that way. On this episode of STR Conversations, Eric and I are announcing a special FREE step by step training we are dropping next week and share how you can be a part of it for FREE. We'll walk you through some of the most common mistakes STR hosts make when hiring and working with VAs and what we learned from some of our own (not-so-successful) experiences. Listen in for a preview of the upcoming training as we share everything from the types of tasks a good VA can take over for you, to where to find the right hire and how to ensure your partnership will be successful. If you are interested in hiring a virtual assistant or you want to work better with yours, the FREE Step-by-Step Plan to Hire, Train, and Retain the Perfect Short-term Rental Virtual Assistant is coming Monday, September 19 at 1:00 Pacific. Sign up here! Topics Covered How do you know if you are ready to hire a virtual assistantThe most common mistakes people make when they first start a partnership with a VAThe truth behind why your partnership with your VA isn't workingThe BIGGEST challenges of solving your VA hiring issuesWhat you need to do before you hire your first Virtual AssistantHow to test your systems to be sure they are ready for actionWhy you need to create your systems NOW (and how to use FREE software to do so)The #1 reason virtual assistants leaveWhere to find your first top-quality hit-the-ground running virtual assistantHow to successfully onboard your new VA team member to set them up for successDetailed strategies to help your VAs feel like the talented team members they areResources  Virtual Staff Finders4 Hour Work WeekThe 15 Commitments of Conscious LeadershipLegends X Short-Term Rental AcceleratorFREE Airbnb Starter GuideSubscribe to GPFYP on Apple PodcastsEmail jasper@getpaidforyourpad.comSponsored ByLegends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.