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..”
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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)”
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”