It doesn’t matter if you’re brand new to the vacation rental business or rapidly growing an empire-sized short term rental portfolio. Either way, you’ve got problems to solve and profits to bank. Here are our 99 favorite Airbnb tips, sourced from savvy vacation rental hosts and property managers around the country. Just don’t implement them…
The trusty RevPAR calculation is the gold standard in performance metrics used across the hotel industry. Use this handy RevPAR calculator to see how your Airbnb or other vacation rental property stacks up! Just input the number of nights your short term rental was available, not the actual number of nights rented, and your total…
With 50 states, 3,000 counties, and 35,000 cities and towns, America is a big place. There are probably new Airbnb laws popping up somewhere nearly every day. Things will settle down eventually, but until then, vacation rental hosts and owners will want to keep up with the general trend of new short term rental laws…
Here’s a simple and powerful Airbnb calculator to explore your potential income and investment performance. Model projected revenue, Airbnb occupancy, length of stay, and the net impact of cleaning revenue and costs for your vacation rental property. Add the Airbnb host fee if you like. Enjoy! Free Airbnb Calculator Unlike many online calculators, we never…
Vacation Rental Valuation 101 In our experience, very few vacation rental property owners know how to calculate the true value of their property. Ask a typical Airbnb host how to do a vacation rental valuation, and they’ll probably start talking about what other houses or condos in the neighborhood are selling for, even if those…
It’s surprising how many real estate investors manage to get their rental property cost basis wrong. The first thing to know is that cost basis, adjusted cost basis, and depreciation basis are three different things. In this quick post, we help you understand the differences, show you how to assign closing costs properly, and offer…
Consider yourself lucky if you haven’t yet had to pull the rip cord and deploy the standard Airbnb insurance policy that’s included with all bookings. No one’s poured concrete down a drain yet? Hit you with a slip and fall lawsuit? Or burned down the woodshed in a rum-fueled inferno? If one of these or…
In our experience, consistently positive guest reviews are the best way to increase vacation rental bookings and command higher nightly rents. One sure-fire way to elicit 5-star ratings time and again is to really nail a few small details, like stocking a full list of common spices in the kitchen. Whether you stock this or…
On a recent backpacking trip, my wife and I finished up a long running conversation about where to invest in a vacation property. Or at least we thought we did, until the reality of California’s emerging patchwork of short term rental regulations hit us full force. For years, we’ve contemplated buying a small 2-bedroom cabin…