We are entering into one of the darkest recessions ever that will rival the housing crisis of 2008. Or are we? Traditionally, the definition of a recession is ‘a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.’ Which, this negative declineContinue reading “The Recession’s Canceled?! Wait a Minute..”
Tag Archives: airbnb cohost
How You Can Avoid the Airbnb Collapse
Airbnb revolutionized the way people traveled by providing a mainstream alternative to hotels. Now that the market is taking a dip, so is the company. With looming conversations around the ‘Airbnbust’, people are wondering about the future of short term rentals. With saturation in the market; many are feeling that they missed out on theContinue reading “How You Can Avoid the Airbnb Collapse”
Self-Managing Your Airbnb: How to have your Cleaner Managing your Rental Property (Part 2)
Now that we’ve discussed the sourcing of the cleaner and the linens, it is now time to discuss the management of inventory. You should be providing your cleaner with a checklist of the expectations you have for them. If you don’t have a checklist, how can you blame them for something not being done? AsContinue reading “Self-Managing Your Airbnb: How to have your Cleaner Managing your Rental Property (Part 2)”
Self-Managing Your Airbnb: How to have your Cleaner Managing your Rental Property (Part 1)
When it comes to having an Airbnb, it can get stressful as there is so much to do. You have to make sure the property is clean after every guest and that there’s enough toilet paper and paper towels! Let alone making sure there’s shampoo and soap! You can find a cleaner that specializes inContinue reading “Self-Managing Your Airbnb: How to have your Cleaner Managing your Rental Property (Part 1)”
The Biggest Mistake You Can Make When Investing in Short Term Rentals
Getting Started The biggest mistake occurs during the purchasing process of the short-term rental. There’s a huge misconception that all properties will work using the short-term rental methodology by posting the rental on Airbnb. Instead, what you should be thinking about first, is will the rental comps work for the property as a long-term rentalContinue reading “The Biggest Mistake You Can Make When Investing in Short Term Rentals”
How to Start an Airbnb Business through Rental Arbitrage
Rental arbitrage is the concept of leasing someone else’s property and sub leasing the property to a third party. In the past, sub-leasing was used as a way to find someone else to take over your rent when you moved. Now, entrepreneurs are using Airbnb to rent out the property to guests who will payContinue reading “How to Start an Airbnb Business through Rental Arbitrage”
Airbnb Management: How to Effectively Screen your Guests and Avoid Disaster
Screening your guests on Airbnb is the first best step you can take in protecting your Airbnb. The reason screening your guests is so important, is because you want to mitigate any form of damage that could be done to your property and to protect your reviews as a host. Having a guest that throwsContinue reading “Airbnb Management: How to Effectively Screen your Guests and Avoid Disaster”
BNB Monthly 