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

Trump is on our radar again this week as his travel ban on refugees from seven Muslim-majority countries has left travelers stranded at airports all over the world.Jasper is joined by Margot Schmorak, CEO and Co-founder of Hostfully, to discuss the details of Airbnb’s response to the executive order and tech executives speaking out against the policy.In other news, Jasper and Margot cover Airbnb’s milestone in becoming profitable in the second half of 2016, a complementary service (Traveling Spoon) that offers travelers a meaningful cultural experience, and Jasper’s personal update regarding an exciting new investment.Some of the topics coveredArticle #1: Airbnb Offers Free Housing to People Stranded by Immigration Order •CEO Brian Chesky is soliciting volunteers to host people in need •Airbnb will subsidize the cost in locations where free housing is unavailableArticle #2: Airbnb Reaches Profitability •Significant because other sharing economy firms are still losing money •Uber lost 3 billion last year •Airbnb still has nearly all the $3 billion in funding raised •Success attributed to growth and lack of competition •Airbnb steals some market share from the hotel industry, but it is also expanding the market •31% of users in the last 12 months switched from staying with friends and family •HomeAway’s pricing model and site design prevent it from becoming a true competitorArticle #3: Traveling Spoon, An Airbnb For Home-Cooked Dinners Globally, Launches With $870K in Funding •Offers home-cooked meals and cooking classes with the best home cooks around the world •Potential complementary service to market to Airbnb guestsJasper’s Personal News •Investment in penthouse in Cali, Colombia •Building allows short stay rentals •Will provide high-end accommodations in an area where few are availableResources MentionedAirbnb Volunteer Link to Host RefugeesArticle #1: techcrunch.com/2017/01/29/airbnb-free-housing-immigration-banArticle #2: businessinsider.com/airbnb-reaches-profitability-2017-1Article #3: techcrunch.com/2015/09/16/traveling-spoon/travelingspoon.comeatwith.comeatfeastly.com Connect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Aviva IQ. Aviva IQ automates messages to your Airbnb guests. It's also free! Hosted on Acast. See acast.com/privacy for more information.

Jasper is joined by Henry Bennett, Co-founder and CEO of Your Welcome. Your Welcome’s product is a tablet system that hosts can use to provide important information to their guests as well as sell additional services!In today’s episode, Henry explains why he started the company, and how Your Welcome can save you time, increase the likelihood of a 5-star review, and even generate additional income!Some of the topics coveredHow Henry came up with the idea to start Your Welcome •Rented out his house on Airbnb •Left out a tablet for guests to use and realized they were using it to research local activities/hotspotsHow hosts can customize the tablet for their Airbnb •Ability to create custom recommendations •Ability to display instructional videosHow hosts can use the tablet to sell additional services to guests •Late checkout •Mid-stay clean •Parking permits •Food delivery (most popular)The cost of Your Welcome •UK: £49.99 for 6 months, £99 for 12 months •US: $59.99 for 6 months, $119.99 for 12 months •20% of revenue from servicesTypical ROI when using Your WelcomeHow to sign up •Visit yourwelcome.com: Use code "GPFYP" for a 30% lifetime discountWhat’s next for Your WelcomeHenry’s tip on using Your Welcome’s Analytics Portal •The host will get to know the needs of their guests •Can find out what recommendations are actually being used •They can customize the tablet according to what the guests mostly useWhy using the Your Welcome tablet can help you get 5-star reviewsConnect with Henry Bennettyourwelcome.comtwitter.com/yourwelcometvfacebook.com/yourwelcomeTVinstagram.com/yourwelcometvResources mentionedyourwelcome.com: Use promo code "GPFYP" to get a 30% lifetime discount Connect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

What does Donald Trump’s inauguration mean for the future of Airbnb?This week Jasper is joined by Silvia Li, Head of Marketing at Hostfully, to discuss what impact the Trump administration will have on Airbnb corporate as well as Airbnb hosts around the world. Some of what Trump has said and done might hurt Airbnb while some might help.Also discussed is Professional Airbnb Investors and their impact on the market, Airbnb’s impact on the hotel industry and the one gadget that solves Airbnb hosts’ “biggest problem”.Some of the topics coveredArticle #1: How will Uber, Lyft and Airbnb fare under Trump? •What might hurt: oDeteriorating relationship with China oTrump’s conflict of interest as a hotel owner •What might help: oTrump’s focus on reducing regulationsArticle #2: The Rise of the Professional Airbnb Investor •Large real estate companies are looking at Airbnb closely •ROI is generally greater for short term vs. long term rentals •6% of Airbnb hosts in New York City have 3 units or more oAccount for 1/3 of revenue •Regulatory uncertainty is holding real estate companies backArticle #3: How hard has Airbnb hit hotels? It’s not as bad as they thought •Occupancy rate much lower for Airbnb's than it is for hotels •Average daily rates only $20 lower for Airbnb’s than hotels ($149 vs. $169) •Jasper has seen an increase in average rates over the yearsArticle #4: The One Gadget That Solves Airbnb Hosts' Biggest Problem - Seth Porges •Ring Video Doorbell •Keeps guests from bringing more people than allowed/agreed to •Prevents many other issuesResources mentionedring.comArticle #1: https://www.cnet.com/news/how-will-uber-lyft-and-airbnb-fare-under-trump/Article #2: https://priceonomics.com/will-real-estate-investors-take-over-airbnb/Article #3: http://www.miamiherald.com/news/business/article127358484.htmlArticle #4: http://www.forbes.com/sites/sethporges/2017/01/20/the-one-gadget-that-solves-air-bnb-hosts-biggest-problem/#1a051ee740dcConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

Jasper is joined by Dirk Minnebo, Founder of Iamb&b which is the largest short term rental management company in Amsterdam! Dirk’s company manages listings in both Amsterdam and Paris and he brings some valuable knowledge to this interview on the topic of optimizing your listing and creating a great experience for your guests.As many of you know, Airbnb is now limiting the number of nights a year hosts can rent out their place in Amsterdam, but surprisingly Dirk says this will help instead of hurt his business. Tune in for a great interview!Some of the topics coveredBackground of Iamb&b •Largest short term rental management company in Amsterdam •Founded by Dirk In 2014 •Manages 800 listings in Amsterdam and 100 in ParisRecent Airbnb enforcement of rental restrictionsWhy the restrictions will actually help Iamb&bWhy Airbnb is stepping up regulation enforcementDirk’s advice to Airbnb hosts •Be honest about your listing (mention the faults) •Remember that what is “normal” in your country might not be normal elsewhere •Make your listing personal •Focus on cleanliness •Use white linens and white towels •Remember that the details matter oSticker on the toilet roll oOne hair in the bed/shower will ruin the guest’s experience and your 5-star ratingThe flaw in Airbnb’s pricing algorithms •Conflict of interest between what’s best for the host and what’s best for the guest.How Iamb&b helps hosts maximize their pad's potential •Iamb&b can take care of the whole process from listing and renting to cleaningRecommended tools •Beyond PricingWhat’s next for Iamb&bLearn more about Iamb&bParis: http://iambnb.frAmsterdam: http://iambnb.nlResources mentionedbeyondpricing.com Use promo code: GP4YP for one FREE month and $60 in creditConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

There is plenty of news to discuss this week in the world of Airbnb and Jasper is joined by Nicole Williams who is the Vince President of Strategic Partnerships at Hostfully!The biggest piece of news is that Chip Conley, Head of Global Hospitality and Strategy for Airbnb, has decided to step down. Jasper and Nicole discuss some reasons behind his decision and what it means to Airbnb.Next is an article in the New York Times that mentions Jasper followed by an article regarding the tough regulations in Santa Monica CA. Enjoy the episode!Some of the topics covered:Chip Conley's decision to step down •Head of Global Hospitality and Strategy for Airbnb •Will remain an advisor to the company •His 'baby' was Airbnb Trips which recently launchedArticle: The Guide to Being an Airbnb Superhost (New York Times) •Tips and Strategies •Jasper is mentioned! •Only 7% of hosts are ‘Superhosts’ •The importance of honesty - Even about the bad stuff •Important to solve problems quickly •Check in after first night •Much more!Article: Public registration required for homeowners providing short term rentals (Santa Monica) •Santa Monica brought in 51 million USB from hotel taxes ( 1.8 million from Airbnb) •Tough regulations •How Airbnb is being blamed for the rising real estate pricesResources mentionedArticle #1: The Guide to Being an Airbnb Superhost (New York Times): www.nytimes.com/2017/01/11/technology/personaltech/the-guide-to-being-an-airbnb-superhost.htmlArticle #2: Public registration required for homeowners providing short term rentals: smdp.com/home-share-rules/159275Connect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

As your calendar fills up with bookings the constant emails to past and future guests can become overwhelming.Deborah and Josh Yuster join Jasper on this week’s episode to talk about their startup that solves this problem. AvivaIQ allows hosts to automate personalized messages, eliminating over 80% of manual messaging from host to guest!Jasper has been using this service for a few weeks now and he was so impressed by the service he brought the co-founders on to talk about it.Some of the topics coveredBackgrounds of Co-FoundersThe genesis of AvivaIQDeborah was feeling overwhelmed with the constant messaging that came with being a successful Airbnb HostThey build a simple tool for Deborah before releasing that others could benefit from it as well.Launch of AvivaIQ at 2016 Airbnb OpenHow AvivaIQ worksAllows host to create personalized, automated messagesVery simple, intuitive designConnects to your Airbnb listingComes with templates on app for: Confirmation, Check in, Booking extension, Checkout, Review requestComing functionality of AvivaIQMore flexibility for customizing messages and email send timesSupport for 26 different languagesHow you can sign up to use AvivaIQ (Beta)avivaiq.com406-662- AVIVA (8482)Must use a Gmail account to sign up (for now)FREE serviceResources Mentionedavivaiq.comConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

With the astonishing growth of Airbnb there is almost a constant supply of news and updates to discuss. That’s why every Thursday, Jasper and a guest host will discuss the recent Airbnb news and the ways this will impact you as a host.This week jasper talks with Hostfully Co-Founder David Jacoby! David and Jasper talk about Airbnb CEO Brian Chesky’s latest tweets and some of the most requested Airbnb improvements for 2017.Jasper and David then discuss 3 news articles that are linked in the resources section of these show notes!Some of the topics coveredBrian Chesky twitter question: If @Airbnb could launch anything in 2017, what would it be?1000’s of repliesPopular answers included: Bitcoin payment, Guest loyalty program, Group payment optionsAirbnb’s recent investment in ResyAirbnb experiences expansionAirbnb host tools additions and improvementsArticle #1:The big reason why Airbnb terrifies the hotel industryArticle #2:Hotel and Airbnb Prices for Trump Inauguration See Big Jumps and Some DealsArticle #3:Airbnb Dives Into Live 360 Video on Twitter, PeriscopeConnect with David JacobyTwitter: https://twitter.com/davidjacobyResources mentionedBrian Chesky twitter: https://twitter.com/bcheskyConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

Have you ever wondered what it would be like to sell most of what you own and live the life of a digital nomad? Jasper’s guest this week is Eli David who has been a digital nomad since 2010. Eli says he lived a pretty “normal” lifestyle until life threw him a couple of curve balls. Eli was fired from a job and lost a serious relationship around the same time and it was then he decided to change his life in dramatic fashion.In the past 6 years, Eli has lived in over 30 countries while visiting more than 60! Because of this Eli has a unique perspective on what a makes a good Airbnb Pad and host. Listen in as Eli explains what he looks for when booking a place on Airbnb or other similar platforms!Some of the topics coveredEli’s Life before 2010Accountant“normal” life in one locationEli’s Transition to being a digital nomadFired from jobRelationship endedHis travel pattern todayStays in the same place for two monthsVisited more than 60 countries so far (lived in 30)The challenges of being a digital NomadWhat Eli looks for in a short-term rentalCo-working space nearbyFast InternetAt least one review (usually more)Eli’s experience with Airbnb, Booking.com & couchsurfing.comAirbnb tends to be the most expensiveWhy Eli doesn’t like to use couchsurfing.comWhat Eli looks for in a host and why the right fit is so importantConnect with Elibecomenomad.comResources MentionedBecome Nomad PodcastConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com Hosted on Acast. See acast.com/privacy for more information.

Many people have achieved a greater level of financial freedom by renting out their Pads on Airbnb. However, most haven’t made the bold life decisions of this guest!Chris Black joins Jasper to talk about his journey from a programmer in San Francisco to owning a Bed & Breakfast in Bangkok Thailand! Chris’ Airbnb story starts when he quit his job, bought a boat and sailed the Caribbean for a few months while renting out his San Francisco pad on Airbnb. Chris’ journey is fascinating and he has some great advice on the importance to listening to your gut and achieving personal freedom using Airbnb.Some of the topics covered:Chris’ life in San Francisco•Programmer for an ad agency•Felt like he was missing out on a lot of experiences due to workChris leaving his job and buying a boat in the CaribbeanHow Chris got started rented out his place on Airbnb•Goal was to offset expensive rent•Found out he really liked hospitalityExperiences in the Caribbean•Took 6 months to adjust•Coding offered an “anchor” pointThe genesis of Kama bed and Breakfast•Wanted to replace programming income with passive income•Wanted to learn a new culture and languageAdvice for thriving on Airbnb•Communicate clearly•Set expectations•Focus on the guest’s experience•Find and use tools (technology)Learn more about Kamakamabangkok.comResources Mentionedsabeeapp.combitly.comConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com and Everbooked.com! Hosted on Acast. See acast.com/privacy for more information.

Have you ever wondered what a Superhost is doing that you’re not? This week Jasper in joined by world famous Superhost Mina from Shanghai. Mina is famous because she is currently featured on Airbnb’s Website. You can find her here, (2nd picture down).Mina has been a Superhost for nine straight quarters, so it’s clear that she’s doing something right and she is more than willing to share her tips for becoming and staying a Superhost on Airbnb.Some of the topics covered:Mina’s start with Airbnb•Allowed her to live where she wanted toMina’s current Airbnb situation•3 locationsTips for becoming, and remaining, an Airbnb Superhost•Check-in strategies•How Mina helps her guests once they are stayingAirbnb Open•Mina has been to all three so far!•Where Mina thinks the next Open will be heldMina' Airbnb plans going forwardLearn more about Mina:es.airbnb.comConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com and Everbooked.com! Hosted on Acast. See acast.com/privacy for more information.