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I am joined by the kind, smart and entrepreneurial Onaje Barnes. Onaje is a 14 year buy and hold real estate investor, who traditionally has focused on long-term rentals but recently has started to shift his business to short term rentals. Onaje and his wife currently own 38 units in Houston, Texas, USA and are experimenting with adding this new revenue stream to the business. 

So - 

How do you make the jump from leasing to short-term rentals? 

How can you combine & leverage your real estate experience, and feed it into setting up short term rentals? 

What are the key steps in getting into short term rentals?

Onaje drops tremendous gems on all the things you need to consider when switching from leasing property to hosting short term rentals. He goes over some of the milestones he has accomplished and how he is tackling the problems that are faced with jumping into a new industry. 

Thank you and I hope you enjoy! 

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Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

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Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

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Alvin has been working in real estate for over 35 years and his portfolio spans over 1,300 housing units and is currently in the acquisition stages of building an additional 20,000 units.  Alvin is also the President of Hope Housing Foundation, which is a nonprofit housing development company that gives tenants a place where they “Get to Live” instead of “Have to Live”. And to top it off, he is the founder of ‘Multifamily Monopoly’, an education platform, teaching aspiring real estate enthusiasts how to purchase multifamily assets. 

In this episode, Alvin shares his vision of this multimillion-dollar housing project, that will provide affordable housing to his community and beyond. We discuss what giving back looks like, on both the giving and receiving end. His purpose is rooted in making an impact on his family and his community, establishing great partnerships, dreaming big, and most importantly, to never, ever give up! 

Alvin is a great guy with an amazing story! I hope you enjoy. 

Notes

00:00 Building 20’000, yes 20’000 units - learn from the man doing it. 

01:18 Alvin’s intro and history

03:01 How the accommodation industry has changed over the last 38 years

06:00 Alvin’s 20,000 units mega project

08:34 What gives Alvin the confidence to believe he can pull off such a huge project? 

11:32 Creative financing strategies to draw in investors for mega projects

14:11 Developing assets from the ground up; Better than buying and fixing?

16:14 Step by step process of building out a 20,000 unit project  

19:06 What’s the entry point to invest in Alvin’s housing project?

22:22 Alvin’s current housing portfolio

25:48 The power of partnerships

29:51 What do you look for in a potential partner?

Contact Info

LinkedIn: https://www.linkedin.com/in/alvinhopejohnson

Website: https://www.alvinhopejohnson.com/

Email:[email protected]

Hope Housing: https://www.hopehousingfoundation.org/

Insta: https://www.instagram.com/alvinhopejohnson/?hl=en

Twitter: https://twitter.com/alvinhope918?lang=en

Clubhouse: @alvinhope

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Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Disclaimer: Please refer to relevant websites for latest, up to date information, with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​#

How do you maintain a life-work balance when working remotely? 

Is your leadership style enhancing or hurting your operation? 

What does it take to be a leader of an iconic property management platform? 

Remote work became a reality during the COVID-19 pandemic, and many of us learned that you really can do business from just about anywhere, but how do you keep yourself and your team motivated and enthusiastic about work?

To help answer these important questions we are joined by Yoav Tourel. Yoav boasts 20+ years experience in advertising, media, sales & tech. Formerly Head of Sales (APAC), at the global ad tech giant Outbrain, where he co-founded the company’s ANZ operation. He is also Vice Chair of the board of The Australian Short-term Rental Accommodation Association, (ASTRA) based in Sydney.

Currently, Yoav is helping to make the right cocktail of technologies at Guesty, a property management software company, where he is the Managing Director, APAC. He oversees  operations, personnel, partnerships, and sales as they grow their presence in the APAC region. 

I’m going to say it… 

I love talking to Yoav. He has great charisma, charm and joie de vie. It was a privilege to get to interrupt his busy schedule and spend an hour talking. Oh, in case you didn’t know. Yoav’s ‘side hustle’ is working as a comedian for young kids. 

Thank you Yoav for sharing so many great gems with everyone. 

Notes

0:00 - Setting up your business for SUCCESS during Covid-19 - with Yoav Tourel

01:30 Intro to Yoav and his background 

05:45 How Yoav launched Guesty’s ANZ operation

07:43 Applying “Empathy Mode” to help everyone cope during the pandemic

14:13 What you can do ensure your team members are happy as well as productive.

20:11 Taking advantage of the pandemic to review your whole business strategy 

22:25 Other than making sure your employees and clientele are happy, how do you stay happy as the team leader/business owner?

32:25 How has Covid positively changed the accommodation industry?

36:12 Finding the things you can control in uncertain times

37:00 Thank you - and please subscribe

Contact Info

Website: https://www.guesty.com/

LinkedIn: https://www.linkedin.com/in/yoav-tour....

Twitter: https://twitter.com/yoavtourel?lang=en

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

Instagram: https://www.instagram.com/guestyinc/?...

#ibookedonline #bookdirect #theaccommodationshow

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Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​#

In this episode, we’re back to the basics, where we dissect the fundamentals of setting up a short-term rental business. Our guest, a licensed realtor with extensive leadership experience, Stacey St John is thriving in short-term rentals in Ohio, US!

After working as a long term rental licensed real estate agent, Stacey knew she had to capitalize on the BOOM in short-term rentals, she decided to jump ship to STRs and has never looked back, currently owning her own properties as well as using the co-host model to grow her business. 

AND to top it all off, she is a community leader - she has created one of Facebook's largest female founders, entrepreneur networks, in the STR space. Stacey created the Female Short Term Rental Investors Facebook community, which has over 12,500 members and has proven to be a great resource to encourage, educate and empower women within the STR space. 

Join in and have a listen to how Stacey St Johns is growing her short term rental through long term management

Notes

0:00 - Female Short Term Rental Investors - with Stacey St John

01:46 Stacey’s background and history.

05:23 The three fundamental components of short term rentals. 

09:18 Should you transition from long term rentals to short term rentals?

12:45 Where's the best place to invest?

14:50 12500 female member Facebook Community to encourage and empower and educate each other.

19:52 How to create a winning team for your business.

Contact Info

Facebook: https://www.facebook.com/groups/911671659592801

The Short-term Rental Society: strconnections.com

LinkedIn: https://www.linkedin.com/in/staceystjohn

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Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

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Rachel's story is like many others out there. You might relate! 

Rachel graduated with a lot of student debt, struggled to make ends meet, worked multiple jobs and was getting burnt out. Rachel and her husband, being industrious, were always on the lookout for ways to make extra passive income to get them through and build a future for themselves. They were lucky enough to find real estate and purchased their first investment property in 2019. It was a single-family home that they converted to a luxury rental.

Rachel fell in love with the industry and whilst working her FT JOB has since expanded her portfolio to 18 luxury rentals.

Rachel is on a lifelong journey to positively influence the financial literacy of more than 1M women in healthcare so that they may experience true financial freedom and alignment while taking their patient care to amazing new levels. She is also an instructor at REI-USA, a national real estate investing association, she’s been featured on Bigger Pockets and a new TV show on Netflix coming out early next year. 

Rachel gives short-term rental gems on generating more income with fewer doors, attracting great guests, bringing value to a listing, and sticking to your brand!

I love her energy, savviness and strategy, and I’m sure you will get a ton out of this interview! 

Notes

0:00 The importance of focusing on ONE guest avatar - to MAXIMISE ACCOMMODATION REVENUE

02:00 Rachel’s background and history

03:22 Unique accommodation, it’s the future

04:06 The money will look after itself as long as you’re passionate

05:43 How Rachel is expanding her unique brand

07:52 Rachel’s guest Avatar

11:01 Why it so important to focus on one niche

16:05 Having a checklist/template that you can replicate across properties

18:15 Benefits of having an avatar from a business perspective

19:59 How avatars help you mine data

22:21 What factors should you consider when starting out?

27:26 Learning opportunities in that first property

29:58 Rachel’s Netflix project

34:28 How Rachel is coaching and mentoring others that want to get into the accommodation industry

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Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Want to level up your business? Request a 1-on-1 call:  https://clarity.fm/bartsobies

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​

This weeks guest on The Accommodation Show,  TJ Tijani, is a seasoned short term ‘rentalpreneur’, investor and coach with extensive experience in creating innovative business and guest solutions. TJ is a mechanical engineer turned property investor and an  STR manager based out of the Houston area, US. 

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Want to level up your business? Request a 1-on-1 call:  https://clarity.fm/bartsobies

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​

Don't forget to SUBSCRIBE! :) 

I know that you are all in different stages of business, lockdowns and life. Some are pushing forward growing, some people are stuck in lockdown, some have, ‘just had enough’, some are re-opening. The list goes on! 

As much as I can’t fix my circumstances, one thing I can control is my learning. 

How good is it, especially when it is free? I love the idea, that I can get someone else’ years of experience, condensed down into bit sized chunks that I can then apply to my business and my life.

I am joined by the wonderful Heather Brown, who is the co-founder & co-owner of StayLuxe Luxury Vacation. Beginning with 15 properties on day one, all of which needed to be onboarded and listed on the OTAs within 30 days. They were able to stage, photograph, and get all 15 properties up and running to schedule. Heather is a doer! 

StayLuxe invests in and manages STR apartments in the skiing fields of Park City Mountain Resort, the largest ski resort in the United States. They love the idea of experiential stays, and are always looking for ways to offer opportunities for making special and lasting memories.  In short, StayLuxe is where Luxury is Personal.

In this episode we deep dive into the foundations of her luxury rental success, discussing how they structure, advertise, and work within the market to stand out from their competition, whilst delivering exceptional experiences. We talk ‘destination accommodation’, experiential stays, focusing on a particular niche and how to grow an STR investment portfolio.

Show Notes

0:00 Luxury Rentals in Park City Mountain Resort

01:54 Heather Brown's experience in Short Term Rentals

02:52 Park City Mountain Resort in Utah

09:25 Finding the right-fit franchising partner

11:31 How StayLuxe is personalising luxury

14:05 Do you use your own face or your brand logo when marketing?

15:00 What to put on the "about us" page of your website

16:18 How much tech should you use in your property?

18:47 Revenue management and dynamic pricing tools 

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Resources

LinkedIn: https://www.linkedin.com/in/heather-brown-52802158

Website: https://stayluxe.properties

Facebook: https://facebook.com/stayluxevactionhomes/

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

-----

Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Want to level up your business? Request a 1-on-1 call:  https://clarity.fm/bartsobies

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​

Don't forget to hit that subscribe button! 

Strap in this week for a value packed episode, of The Accommodation Show where on simplifying revenue management. 

Airlines and hotel chains employ entire teams to determine what their pricing and booking settings should be to maximize revenue. But most short-term rental (STR) hosts don’t have access to the same kind of data, nor have the resources to hire world-class data scientists. It is a huge missed opportunity that could be costing you thousands of $ a year. 

So, what can you do to make more from the properties you manage? 

To answer this, we are joined by the wicked smart, ultra talented Tim Speicher from Buoy. Tim is the Co-Founder/Head of Product at Buoy, a dynamic pricing platform for vacation rentals, offering automated revenue management tools for the global STR market. Prior to founding the company he was an independent revenue manager, and spent 2016-2018 with Oasis Collections. He is a wealth of knowledge on revenue management, is a great operator and he gives insights and tips that you can apply to your business. 

0:00 THE FASTEST WAY TO MAKE MORE MONEY! - Are you charging your guests enough?

01:15 Introduction to Tim, his business and how he started working in Accommodation/Hotels

03:30 What skillsets Tim acquired to become a revenue manager

05:01 The similarity between event pricing and accommodation pricing

08:47 Responsive revenue management based on occupancy

10:36 Revenue knowledge applicable to every vertical in accommodation

12:33 Demand predictors for pricing 

16:59 How guest behavior affects pricing

19:01 What to pick from historical pricing data

21:22 What's the real impact of having correct revenue management understanding

Resources

Website: https://buoy.us/ 

LinkedIn:https://www.linkedin.com/in/timothysp... 

Instagram:https://www.instagram.com/buoy.us/?hl=en 

Twitter: https://twitter.com/tim_speicher

------

Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Want to level up your business? Request a 1-on-1 call:  https://clarity.fm/bartsobies

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​

Don't forget to hit that subscribe button! 

Daniel’s story is fascinating. He is young, he is ambitious and he is a true entrepreneur. Daniel has had a multi-faceted entrepreneurial journey, even importing Coopers beer and travelling Australia at one stage. Then, several years ago, Daniel got involved in the world of short-term rentals through hosting on AirBNB. As with any entrepreneur, he found a problem and then decided that he was going to fix it. 

Linen! - Too much Linen!

Daniel grew frustrated at the amount of laundry he had to do and the lack of solutions that existed to help him get the job done. I am sure all of you can empathise. 

Join us in this episode where we learn about how Daniel, quit his day job to build “washbnb,” a company that provides linens and laundry solutions for Airbnb hosts, vacation rental managers, and boutique hotels.

And if you’ve ever wondered what kind of linens you should buy, whether to focus on quality or durability and the best way to take care of the bedsheets and towels so that they last longer, in this podcast, we have all the answers for you.

Wishing you all a fabulous week! 

Chapters:

0:00 Setting up a start-up in the short term rental & airbnb space! 

6:12  What inspired Cruz to build Washbnb?

11:18 How Daniel readjusted his business to get through the pandemic

16:16 The marketing opportunity of having high-quality linens

18:32 Where to get quality, sustainable linen

20:12 Opportunities available for hosts right now that don't have access to washbnb

23:19 Understanding what's important to guests in deciding linens

27:05 How and where to get funding as a start-up in the STR space?

Contact Info

Website: https://www.washbnb.com/

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

Instagram: http://instagram.com/washbnb

------

Want to get the best accommodation marketing tips before everyone else?

Hit that subscribe button!    This also keeps us going and creating more useful content for free!

Things that will help you;    The Accommodation show:  https://www.theaccommodationshow.com

The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl​​​​​​​​​​​​​​​

Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X​​​​​​​​​​​​​​​

Need more direct bookings - reach out to us here: https://www.ibooked.online​​​​​​​​​​​

Want to level up your business? Request a 1-on-1 call:  https://clarity.fm/bartsobies

Disclaimer: Please refer to relevant websites for latest, up to date, information with all facts, figures and terms and conditions. Information as accurate as we could get it at time of publishing.

#ibookedonline​​​​​ #bookdirect​​​​​ #airbnb​​