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

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Today I talk to Alexander Limpert, CEO and founder of GuestReady, one of the leading property management companies for short term rentals.

Alexander used his experience working for Food Panda to start GuestReady. His vision was to create a system that would allow him to scale the business quickly. As part of this vision he built in-house software to manage the units, which was crucial to his success.

Alexander plans to make this software available to other property managers in the future to help them expand their business.

Topics include:

* Why Alexander started Guest Ready

* Why he chose to start in multiple locations in different continents

* The biggest challenges he faced building the business

* How he scaled from 0 to a 1000 listings in less than three years

* How he has managed to achieve close to five star ratings across all his listings

Email: [email protected]

Website: www.guestready.com

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

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In today´s episode I talk with Blake, Airbnb host in Melbourne. He appeared on the podcast in October, when we talked about the Airbnb plus application process. 

Blake has two listings in Melboune, one regular Airbnb listing and one Airbnb Plus listing. We chat about how Airbnb plus listings differ from regular ones. Blake has a lot less control over what´s being displayed in his plus listing.

The description is almost entirely composed by Airbnb. The order of the photos that are being displayed is also determined by Airbnb. Not by actual employees, but by an algorithm.

As a result, the cover photos for each of the spaces in his listing, such as the bedrooms, the kitchen and the living room, are not the best pictures to show. The way that Airbnb selects the order of the photos seems to be completely random.

There´s also no place to add captions, instead Blake can only select a few characteristics of what´s being showed in the photo.

Check out Blake´s Airbnb Plus listing 

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

Airbnb News Facebook Group

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If you like the show, please consider leaving the show a review in iTunesor Stitcher. A couple minutes of your time can help the show immensely! Thanks!

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The year 2018 was a very interesting one for Airbnb. In today´s podcast episode I discuss the major events that took place within the world of Airbnb with Margot Schmorak, CEO of Hostfully.

• Airbnb hides guest profile pictures
• Airbnb tops 1B revenue in 2018 
• Airbnb shifts towards a focus on professional operators in an effort to grow horizontally 
• Introduction of Airbnb Plus and Airbnb Select
• Several changes in the executive board 

• Airbnb didn´t IPO but expected to do so in 2019
• The Airbnb Open didn´t take place and probably won´t in the future either
• The much requested loyalty program wasn´t introduced

Email: [email protected]

Website: www.hostfully.com

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

Airbnb News Facebook Group

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If you like the show, please consider leaving the show a review in iTunesor Stitcher. A couple minutes of your time can help the show immensely! Thanks!

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In the last podcast episode of this year I talk with Tarus and Yolanda, the owners of The Nelson Manor. This boutique luxury vacation rental is located in the Washington DC region and consists of three rental options:

*The Annapolis Apartment, a one bedroom unit in the basement

*The Maryland House, a five bed two bath luxury home

*The Nelson Manor which consists of The Annapolis Apartment and The Maryland House

Yolanda and Tarus used Lodgify to create their own vacation rental website. Their goal is to attract more direct bookings and not be dependent on third party sites such as Airbnb.

In order to grow their customer base, Tarus and Yolanda collect email addresses from their guests and send out regular promotional offers and updates on their property and events.

They use Facebook and Instagram to connect with their clients and to spread the word about their business.

Special offer: Use promo code GP2019 to get 20% off your stay at the Nelson Manor.

Email: [email protected]

Website: The Nelson Manor

Instagram: @thenelsonmanor

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

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

Airbnb News Facebook Group

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If you like the show, please consider leaving the show a review in iTunes or Stitcher. A couple minutes of your time can help the show immensely! Thanks!

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I have invested in three short term rental properties after I sold my apartment in Amsterdam in 2017. In today's podcast I provide an update on these investments.

The properties are:

*Penthouse in Cali, Colombia

*Studio Villa in Carabao, the Philippines

*Studio in a condo in Bang Saray, Thailand (blog post coming soon)

I also go over the three most important decision factors I used to select these properties:

1. Short term rental regulations (now and future)
2. Amount of time I can see myself spending at the property 
3. Expected return on investment (10%+)

I share updates on the construction of the properties as well as the results so far and what my expectations are. 

For an overview of the three properties check out my investments. 

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The desire for more and exceptional accommodation is something that many tourists long for and expect when planning their next holiday. Luxury villas and condos have long been an expense that many travellers are happy to splash out on in order to avoid the confinement of a typical 5 star hotel suite in order to have a more unique, Instagram-worthy experience. Even Airbnb has taken steps to play in this area with Beyond by Airbnb, following the acquisition of Luxury Retreats just over a year ago offering the platform's highest-end homes as well as Airbnb Plus, which includes 2,000 design-forward homes in several cities all over the world.

One of the most sought after destinations for luxury travel is Palm Springs, a city in southern California best known for its hot springs, stylish hotels, golf courses and spas and of course the world famous music and arts festival Coachella.

In today's episode I chat with David Crosta, the co-owner of 5 Palm Estates and Palms at Park, luxury villas that cater to the most discerning clientele and providing private pool, spa and fire pit plus luxury toiletries and a Chef-ready kitchen with service for 10 (just to name a few of the amenities provided).

Topics we discuss include:

* how do you go about building short term rental villas from the ground up

* Most important challenges he faced

* Factors that contributed to his success

* Why David thinks it is essential to have your own website

If you would like to explore David's properties, you can learn more by following the links below:

5 Palm Estates

Palms at Park

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

Airbnb News Facebook Group

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If you like the show, please consider leaving the show a review in iTunes or Stitcher. A couple minutes of your time can help the show immensely! Thanks!

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When it comes to Airbnb, one of the most important things you can do is make sure your listing is properly optimized! It's not just about being able to achieve better rates during busy season, but can also boost your listing's visibility year-round.

Getting more views is a great thing, but that's not all I'm talking about. Driving views to your listing aren't fully successful unless you're generating interest too. The booking flow of Filtering → Searching → Peacock or bookmarking → Clicking → Convert (Booking). You want to also create enough interest to draw people in.

There are several factors that Airbnb use to determine your ranking in the search results including pricing, availability, featured image quality, review quantity, response time and amenities just to name a few.

In today's episode I chat with Kelvin Mah, the founder of Rankbreeze.

Rankbreeze is a great tool that allows hosts to monitor their Airbnb search rankings and visibility to not only help improve rankings but increase occupancy. We discuss 28 of Airbnb's ranking factors and the best actions you can take to improve your position within Airbnb search results.

You can  Sign-up for Rankbreeze by following the link.

Email: [email protected]

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

Airbnb News Facebook Group

Click Here to Subscribe via iTunes

Click here to Subscribe via Stitcher (Android users)

If you like the show, please consider leaving the show a review in iTunes or Stitcher. A couple minutes of your time can help the show immensely! Thanks!

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.