Are you (looking to become) an Airbnb host? This episode is about how you do it like an industry expert. Tune in to find out more!

 

Episode Introduction: 

In this week's episode of Law Chat with Girija, we're joined by short-term renting superstars Annette Grant & Sarah Karakaian from Thanks to Visiting who talk to us about all things STR and how to be a successful host.

 

Episode Summary: 

Annette Grant & Sarah Karakaian talk to us about everything from preparing your property for STR to becoming a 5-star rated Airbnb host and everything in between. This episode is truly jam-packed with value for anyone who's looking to venture into the short-term rental industry.

 

Main Takeaways:

• Some of the best Airbnb markets are not vacation rental markets.
• Don't think you can't run a successful Airbnb simply because you don't live in a vacation spot. There are countless reasons for people to visit smaller towns and they could really benefit from your service.
• When figuring out how your STR property should look, start by considering the places you like to stay at and why.
• Financial success in the STR industry is a result of compounding reviews over a period of time.
• You need to be transparent with your insurance provider about the intended use of your STR property to get the proper coverage and stay protected as the host.
• The type of property you rent out doesn't dictate the type of host you become.
• How to become a 5-star rated Airbnb Host in 2023:

1. Be transparent about your property.
2. Do not cancel on the guest once the booking has been made.
3. Set clear expectations about the property location.
4. Check-in with the guests.
5. The property must be clean and hygienic.
6. Ensure the safety of the guests.
7. Anticipate the needs of the guest.
8. Have a factor of surprise and delight.
9. Stay in your own property and fix any problems that you may face.

• While it's okay to host through platforms like Airbnb, Booking.com, etc. - it's recommended that you also have your own website and build an email list to generate new leads.

 

Resources: 

• The Hosting Business Mastery Method™ Free Workshop: https://www.thanksforvisiting.me/workshop

 

Find Annette Grant & Sarah Karakaian:

 

• Email: [email protected]
• Website: https://www.thanksforvisiting.me/
• Instagram: https://www.instagram.com/thanksforvisiting_/
• YouTube: https://www.youtube.com/thanksforvisiting
• Podcast: https://www.thanksforvisiting.me/podcast
• LinkedIn: https://www.linkedin.com/company/thanks-for-visiting/

 

Get the visual experience, watch the videocast for the episode here: https://youtu.be/-dIQLX92gbk

 

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

 

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