The Triangle Effect: Endless Lending, Reset Land tax, and Pay Less Accounting
As you embark on your property investment journey, it’s crucial to understand how lending, accounting, and land tax intersect—often referred to as the “triangle effect.” Recognizing this relationship is vital for making informed decisions that can lead to long-term financial success. In this email, we’ll explore each component and discuss the implications of missteps in […]
Stop, Think: Is It Worth Raising Every Issue or Just Wear and Tear?
As you embark on your journey of purchasing and managing a short-term rental (STR) or Airbnb property, there are numerous factors to consider. Not only do you have to find the right property, but you also need to ensure that the property is well-maintained, safe, and welcoming for your guests. It’s an investment of time, […]
When Setting Up an Airbnb – What You Forget Gives You a Lower Review
When you’re preparing your Airbnb for guests, it’s easy to focus on the big-ticket items—like furniture, decor, or how to make the space Instagram-worthy. However, what you often overlook are the smaller, everyday essentials that can have a significant impact on your guests’ experience. The things that you might not even think twice about—like having […]
Don’t Be That Host: A 10-Person House with a 2-Seater Fire Pit?
Imagine this scenario: a group of friends or a family books your 10-person Airbnb. They’re excited about cozy nights gathered around a fire, sharing stories and laughter under the stars. Then, they arrive and discover that the fire pit only seats two people. Now they’re frustrated, disappointed, and possibly regretting their decision to book your […]
Timing is Everything: When to List Your Holiday Rental for Maximum Impact
As you prepare to purchase your holiday rental property, the excitement of getting it listed and generating income is probably top of mind. You might be eager to create an Airbnb listing and open your doors to guests immediately. After all, it seems like all you need is an account and a property, right?But while […]
The Cost of Ignoring Quality in Your Airbnb Setup
When setting up your Airbnb, the details you consider for furniture, linens, mattresses, and even toilet paper play a vital role in guest satisfaction. One of the most important aspects to understand is the scale of positive to negative experiences. Guests will generally tolerate a few small inconveniences, like a less-than-plush towel or a missing […]
The Truth About Airbnb Success: It’s a Journey, Not an Instant Win
When it comes to Airbnb success, it’s essential to understand that achieving it is not an overnight endeavor. Like any business, building trust, rapport, and a loyal customer base takes time and consistent effort. It’s important to recognize that many hosts expect quick returns on their investment, but the reality is that establishing a profitable […]
Avoid the Trap: Why Buying a “Profitable Airbnb” May Not Be Worth It
When considering a property marketed as a potential Airbnb or short-term rental, it’s crucial to approach this opportunity with caution. You might see a property for sale that has been previously Airbnb’d, and the seller is asking for a premium price, claiming it as a profitable venture. However, it’s essential to remember that the new […]
The Brutal Truth About Listing Optimization—and Why It Matters
Let’s talk about listing optimization—the real kind. The kind that takes a hard, honest look at your listing, uncovers the flaws, and transforms it into a high-performing machine that doesn’t just get clicks but converts them into bookings. I’m talking about optimization based on data, not gut feelings or opinions. Here’s the brutal truth: most […]
Why a Local Property Manager with a Large Portfolio May Not Be the Best Choice for Your Airbnb
If you’re looking to maximize your Airbnb’s success, choosing the right management approach can make a world of difference. Many property owners automatically turn to large, local property managers, assuming that their presence in the area is an advantage. However, when these managers handle dozens or even hundreds of listings in the same neighborhood, the […]