aaa Running a Rental Business Archives - Turno https://turno.com/category/running-a-rental-business/ Fri, 14 Jun 2024 17:49:42 +0000 en-US hourly 1 https://turno.com/wp-content/uploads/2023/10/cropped-turno-favicon-32x32.png Running a Rental Business Archives - Turno https://turno.com/category/running-a-rental-business/ 32 32 Social Media Tips to Grow Your Airbnb Business https://turno.com/airbnb-social-media-tips/ https://turno.com/airbnb-social-media-tips/#respond Tue, 04 Jun 2024 21:29:43 +0000 https://turno.com/?p=50551 Social media is a powerful tool used by brands around the world, including vacation rentals. Leveraged effectively, it can significantly impact your Airbnb business's visibility and success. This blog shares actionable tips and strategies to help hosts use social media marketing to build Airbnb brand awareness and grow their business.

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With vacation rental options of nearly every size, type, price, and theme available, growth-minded hosts find themselves vying for the attention – and wallet share – of potential guests. Learning to leverage social media can help you create a memorable Airbnb brand, connect with your right-fit audience, attract your ideal guests, and grow your bookings. 

Understanding Your Audience: Promote Your Airbnb on Social Media

The cornerstone of an effective social media marketing strategy is knowing your audience. For Airbnb hosts, this means understanding who your ideal guests are. Are they young professionals looking for a fun weekend getaway, families seeking comfortable vacation rentals, or solo travelers on a budget?

Guest surveys and feedback forms offer great insights for social media strategy planning and are foundational to thoughtful guest management. Gathering information about past guests, including ages, interests, travel habits, and what they enjoyed most about their stay can provide valuable keys into who you might target for future bookings. Studying local competitors can also give clues about who other hosts are actively targeting and how they’re engaging with their audiences.

With a clear understanding of your audience, you can tailor your Airbnb social media marketing content to resonate with them. For example, if your target guests are young professionals, you might focus on showcasing local nightlife and trendy cafes. Or, if families are your primary audience, highlighting family-friendly activities and amenities will be more effective. Crafting content to your audience’s preferences will make your posts more relatable and engaging, helping drive interaction.

social media strategy on white board

Choosing the Right Social Platforms to Highlight Your Airbnb

Crafting an Airbnb social media presence takes time and commitment, so it’s important you select the platforms that match your ideal guests. Each platform has its own strengths and audience demographics to consider. We’ll review four of the biggest social media platforms, in order of monthly active users according to 2024 data from Statistica, and look at how each platform is relevant to the vacation rental market. By leveraging platforms that align with your Airbnb business goals and target audiences, you can focus engagement efforts on users most likely to book with you. 

Bonus Tip: Niche platforms like Nextdoor and community pages on Facebook can also help you reach target local audiences and engage in a very targeted way. 

Facebook

Now twenty years old, Facebook’s diverse user base of over 3 billion monthly active users makes it one of the most widely used social media platforms. The global platform appeals to various age groups, but its largest demographic of users is aged 25-34, followed by those aged 35-44.

  • Families and Mature Travelers: Given its broad demographic, Facebook is an excellent platform for reaching families planning vacations, mature travelers looking for comfort and convenience, and local community members.
  • Community Engagement: Facebook groups related to travel, specific destinations, or local attractions can be valuable for engaging potential guests and sharing applicable, useful information about your Airbnb property.
  • Ad Targeting: The platform’s advanced targeting features allow you to create tailored ads that reach specific demographics based on interests, location, and behavior, making it ideal for Airbnb social media marketing.

YouTube

One of the largest social media platforms and global search engine tools, YouTube has over 2.5 billion monthly active users and significant reach across all demographic segments. Particularly popular among users aged 18-34, YouTube’s broad user base allows Airbnb hosts to reach wide-ranging audiences, from GenZ travelers seeking unique experiences to Boomers looking for detailed trip itineraries, accommodations reviews, and vacation planning tips.

  • Visual Storytelling: Given its emphasis on video content, YouTube is an excellent platform for visually showcasing your Airbnb property. High-quality videos can bring to life your property’s amenities, local attractions, and guest experiences in a way that still photos alone cannot.
  • Travel Vlogs and Reviews: Many users turn to YouTube for travel vlogs, destination guides, and accommodation reviews. By creating engaging video content, Airbnb hosts can tap into this audience of potential travelers seeking authentic and informative YouTube video content.
  • How-To Guides and Tips: Creating videos that provide travel tips, local guides, or insights into the best ways to explore the area can position your Airbnb as a go-to location. This not only attracts potential guests but also builds trust and authority in the travel community.

Instagram 

With 2 billion active monthly users, Instagram is another visually-driven platform predominantly attracting younger demographics. The most active age group is 18-29, followed by users aged 30-49. For hosts looking to target Millennials and Gen Z, Instagram is a must-have in their Airbnb social media strategy.

  • Visual Appeal: Airbnb properties with stunning visuals benefit from Instagram’s focus on imagery and video content. High-quality photos and engaging stories can capture the essence of your specific property as well as local opportunities and experiences.
  • Travel Enthusiasts: Instagram is a favorite among travel enthusiasts who seek inspiration for their next trip. Utilizing related hashtags and geo-tags can increase your property’s visibility among this engaged audience.
  • Influencer Collaborations: Partnering with travel enthusiasts and Airbnb Instagram influencers can help showcase your Airbnb to their followers and build credibility through authentic endorsements. Research and seek to build relationships with creators who align with your Airbnb brand and goals.

TikTok 

TikTok users account for almost 1.6 billion active monthly users worldwide. The platform is particularly favored by younger audiences, with the largest demographic being users aged 16-24, followed by those aged 25-34. TikTok’s user base is known for its engagement and enthusiasm for short, creative video content.

  • Younger Travelers: TikTok’s primary travel-related audience includes Gen Z and younger Millennials seeking unique, shareable experiences. These travelers value authentic, visually engaging content that highlights the fun and uniqueness of a destination, property, or experience.
  • Creative Content: The platform’s short-form videos offer Airbnb hosts an opportunity to showcase their properties with a dynamic and engaging approach. Creative short-term rental content such as virtual tours, DIY home improvement projects, and snippets of local attractions can captivate potential guests.
  • Going Viral and Trends: One of TikTok’s unique features is its algorithm, which can make content go viral quickly. Hosts can leverage this in their Airbnb social media strategy by participating in trending challenges and creating content that taps into popular hashtags.
Iphone on a phone stand with a finger tapping the camera icon on the screen

Creating Engaging Airbnb Social Media Content 

High-quality photos and videos help beautifully showcase your property. Ensure your visual content highlights the best features of your Airbnb, including onsite amenities and nearby attractions. Natural lighting, well-thought-out angles, and staging your property with inviting touches like fresh flowers or cozy throws can make a significant difference in how your imagery resonates online.

Look to create content that brings to life the experience of staying at your Airbnb. Highlight popular tourist spots, restaurants, and activities in your area. Share positive reviews from past guests – personal stories and experiences are incredibly powerful. Giving a behind-the-scenes look at your life as an Airbnb host can also create a personalized connection with your audience.

Storytelling plays an important role in branding your Airbnb on social media. Sharing unique stories about your property or the local area can captivate viewers and make your posts both relatable and memorable.

Utilizing Hashtags and Geo-tags

Hashtags and geo-tags are easy-to-learn tools for boosting your posts’ visibility. Hashtags help categorize content for social media users, making it easier for people to search topics they’re interested in – and ultimately, find you. To determine the best hashtags for your property, explore social posts from other Airbnb hosts and travel influencers. Look local too! Mixing general travel hashtags with localized ones can extend your reach.

Geo-tagging is another strategy to explore. By adding a location to your posts, you can attract users searching for places to stay or things to do in that specific area. This practice also helps you connect with the local community and nearby businesses. When people search for accommodations or activities in your Airbnb’s nearby area, your geo-tagged posts are more likely to show up in their search results.

Engaging with Your Community

Building a strong community on social media can help drive increased bookings and long-term business success. A few things to remember: 

  • Respond to comments and messages promptly to show that you value follower engagement. 
  • Handle feedback gracefully, whether positive or negative. This demonstrates your commitment to guest satisfaction and may even turn a negative experience into a positive one.
  • Enhance your visibility by regularly liking and commenting on posts by local businesses and tourist attractions. This can also open up partnership opportunities like special coupons or offers for your booked guests.  
Instagram log in screen

Promoting User-Generated Content

Encouraging guests to share their experiences on social media can greatly enhance your credibility and trustworthiness. Reposting content from guests (with their permission) not only provides authentic guest insights but also shows appreciation for their support. User-generated content, including published reviews, can impact consumer trust and bookings, as potential guests are more likely to trust other travelers’ experiences. 

Staying Top of Mind with Regular Updates

Consistency in posting is key to any successful Airbnb social media strategy. Post regularly to keep your audience engaged and remind them of your desirable property. Share highlights and updates about your property’s amenities, popular local events, and seasonal booking promotions. A steady posting cadence helps your Airbnb business stay top of mind for guests planning their next trip.

Scheduling and Automation Tools

Managing your Airbnb can be time-consuming and automation can be a lifesaver, especially if you operate multiple properties and in different locations. If you find your social media marketing is taking too much of your day-to-day time, consider utilizing scheduling tools like Buffer, Hootsuite, Loomly, or Later to plan and schedule your posts in advance. These automation tools ensure that your social media remains active, even during busy periods, and allow you to maintain a consistent presence without constant manual effort.

Analyzing Your Airbnb Social Media Performance

Understanding the most effective components of your Airbnb social media strategy can take some trial and error. Begin by tracking key metrics such as engagement, reach, and clicks. Each platform provides built-in analytics tools that can provide valuable data and help you determine which types of content work and which don’t. Regularly review your metrics and tweak your strategy based on what best spurs engagement for your audience.

Wrap-up: Executing an Effective Airbnb Social Media Strategy

Social media marketing offers hosts powerful tools to brand, market, and grow their business. By understanding your audience, choosing the right platforms, creating engaging content, and utilizing available analytics, you can build a strong social media presence that drives new business, repeat bookings, and revenue. Start small, experiment with different strategies, and see what resonates best with your potential guests. With consistent effort and creativity, social media can be an effective part of your Airbnb growth strategy.

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4 Ways to Prevent Unruly Guests and Parties https://turno.com/4-ways-to-prevent-unruly-guests/ https://turno.com/4-ways-to-prevent-unruly-guests/#respond Wed, 08 May 2024 19:56:49 +0000 https://turno.com/?p=50248 Running an Airbnb can be a rewarding venture, but it also comes with its fair share of challenges, especially when it comes to managing guests and maintaining the integrity of your space. Among these challenges, preventing unruly guests and parties stands out as a top priority for hosts. Here, we'll explore some effective strategies to mitigate these risks and ensure a smooth hosting experience.

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Ensuring your Airbnb runs smoothly requires a proactive approach, particularly to prevent unruly guests and parties. With the increasing popularity of short-term rentals, the risks of property damage and disturbances have also risen, making effective guest management more crucial than ever for remote hosts. In this blog, we’ll dive into four expert strategies designed to help you maintain control, protect your properties, and provide a positive experience for all guests.

1. Guest Verification: The First Line of Defense

One of the most effective ways to prevent unruly guests is by implementing a strict guest verification process. By requiring guests to verify their identity before booking, you can add an extra layer of security and accountability to your rental. Utilizing tools like WelcomeLink can significantly streamline the guest verification process. This guest verification app empowers hosts to send a personalized welcome message containing a unique link, prompting guests to verify their identity prior to their stay.

By incentivizing guests to complete this step, hosts can ensure that only verified individuals are booking their property, thereby minimizing the risk of hosting problematic guests. Moreover, WelcomeLink offers hosts the option to request additional verification measures, such as uploading a picture of their ID and a selfie, digitally signing the guest agreement, and verifying their credit card payment information. Hosts reserve the right to reject bookings from guests who fail to fulfill these verification requirements, further enhancing security and peace of mind.

airbnb cleaner restaging couch in airbnb living room

2. Screening Guests and Setting Expectations

In addition to guest verification, screening guests based on certain criteria can help identify potential risks. Consider implementing the following measures to minimize the chances of hosting unruly guests:

Instant Book Settings: If you prefer to review each guest’s request before accepting, consider turning off Instant Book in your Airbnb settings. While this may impact your rankings and booking rates, it gives you more control over who stays in your property.

Implementing Deposits: For guests deemed “high risk,” such as young or same-day bookers, requiring a deposit can deter unwanted behavior. This added financial commitment encourages guests to respect your property and its rules.

Avoiding Local Guests: While not a rigid rule, many hosts opt to refrain from hosting local guests, particularly those making last-minute bookings. However, if you do choose to accommodate local guests, it’s advisable to inquire about the purpose of their stay as a means of assessing their intentions. With WelcomeLink, hosts can conveniently establish personalized screening questions to better understand their guests’ motivations and ensure a positive hosting experience.

3. Utilizing Noise Monitoring Devices

Alertify noise monitor device for airbnb rentals

Noise disturbances and parties can quickly escalate into major headaches for hosts. Implementing noise monitoring devices can help deter disruptive behavior and provide peace of mind for both hosts and neighbors. For example, Alertify offers advanced noise and smoke monitoring solutions designed to effectively detect and prevent parties, smoke, and noise disturbances in short-term rentals and Airbnb properties.

Through innovative technology, these devices continuously monitor noise levels and smoke, enabling hosts to proactively identify and address potential issues before they escalate. With real-time alerts and notifications, hosts can promptly intervene to enforce quiet hours, remind guests of house rules, and deter disruptive behavior. Additionally, Alertify’s smoke monitoring capabilities provide an added layer of security, alerting hosts to any smoking incidents and helping to prevent property damage and safety hazards.

4. Clear Communication and House Rules

Setting clear expectations from the outset is key to preventing misunderstandings and conflicts with guests. Make sure to clearly outline your house rules, including maximum occupancy limits and a strict “no parties” policy in your Airbnb listing.

House Manual: Include detailed instructions on how to use amenities and appliances, as well as guidelines for acceptable behavior during their stay.

Maximum Occupancy: Clearly state the maximum number of guests allowed in your property to prevent overcrowding and unauthorized guests.

No Parties Policy: Emphasize that your property is not suitable for parties or events, and clearly communicate the consequences for violating this rule.

Precautionary Steps Minimize Disturbance Risks 

By proactively addressing these issues and implementing preventive measures, you can minimize the risk of hosting unruly guests and parties, ensuring a positive experience for both you and your guests. Remember, clear communication, thorough screening, and the right tools are essential for maintaining a successful Airbnb rental.

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How to Attract Business Travelers to Your Airbnb https://turno.com/how-to-attract-business-travelers/ Fri, 26 Apr 2024 17:44:42 +0000 https://turnoverbnb.com/?p=1503 The travel landscape has seen significant shifts in the past several years, with Airbnb securing its place not just with leisure travelers but also within the business travel sector. This evolution presents a lucrative opportunity for short-term rental operators to cater to this growing segment. In this post, we'll explore how to attract business travelers to your Airbnb, ensuring your listing stands out and meets the specific needs of this discerning demographic.

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The Rise of Airbnb in Business Travel: What This Means for Hosts 

With more companies integrating short-term rentals as preferred accommodation options for their employees, platforms like Airbnb and Booking.com have sought to solidify their positions as providers for the business travel sector. This shift signals a broader acceptance of non-traditional lodging and underscores the need for hosts to diversify their offerings. For hosts, this means an opportunity to capture a share of the market that prioritizes efficiency, connectivity, and convenience above all.

By understanding and anticipating the needs of business travelers, short-term rental operators can significantly enhance the appeal of their Airbnb listings. Implementing the strategies outlined below will not only attract business travelers but also ensure they have a memorable stay, encouraging loyalty and repeat bookings, which are crucial for building a successful rental portfolio.

Benefits of Targeting Your Airbnb for Business Travelers

Catering to business travelers as an Airbnb host offers several advantages:

  • Consistent Bookings: Business trips happen year-round, offering a more stable booking stream compared to the seasonality of leisure travel.
  • Premium Pricing: Business travelers often have a higher accommodation budget, provided by their employer, allowing for potentially higher rental rates.
  • Brand Loyalty and Repeat Bookings: Exceeding expectations can turn business travelers into repeat guests, ensuring a steady flow of bookings whenever they return to the area, be it for business or pleasure.
Business man on airplane using laptop

Understanding the Needs of Business Travelers

The expectations of business travelers and leisure travelers overlap in core ways, such as with high cleanliness standards and a property’s similarity to published listing details. However, business travelers often have other driving requirements focused on maximum efficiency, connectivity, and seamless experiences. Priorities include fast Wi-Fi, a quiet workspace, and flexible check-in and check-out times.

To cater to business travelers, hosts must understand and meet their primary needs, including:

  • Reliable High-Speed Internet: Essential for staying connected and completing work tasks.
  • Functional Workspaces: A comfortable, well-lit area conducive to productivity.
  • Convenience and Accessibility: Proximity to transit hubs and business districts, plus dining, delivery, and takeout options.

How to Attract Business Travelers to Your Airbnb Listing

Use clear, concise language to highlight how your property serves the needs of business guests. Showcase dedicated workspaces, high-speed internet, and convenient proximity to business districts or conference centers.

Optimize Listing Descriptions for Business Travelers

Craft your listing to speak directly to business travelers. Highlight all features that make your property a welcoming, comfortable, and conducive environment for both work and relaxation. Use keywords that resonate with their needs, such as “fast Wi-Fi,” “quiet workspace,” or “central business location.”

Highlight Amenities Suitable for Business Trips

Amenities that may seem standard to you can be crucial for someone on a business trip. Ensure your listing clearly mentions modern conveniences like reliable high-speed internet, streaming services for unwinding after a long day, coffee makers, ironing boards, and other amenities that add value to a business traveler’s stay. Make sure these are front and center in your listing.

Offer Business-Friendly Features

Going the extra mile by offering additional services for business travelers can set your listing apart. Consider providing a small printer, scanner, a guide to local dining (including takeout and delivery options) and dry cleaning services, or even discounts at nearby restaurants. These thoughtful touches can make a significant difference in where a business traveler decides to book.

woman using laptop near suitcase while sitting on an airbnb bed

Business Travel Trends to Optimize Your Airbnb Listing 

Booking.com studied evolving trends in business travel accommodations from 2019 to 2023, highlighting a noticeable shift towards longer stays by business travelers. According to data derived from global gross bookings on the platform during the first half of both years, there was an average increase of 4.76% in the duration of stays for business trips. 

While hotels continued to be the preferred choice for business travelers, there was a significant uptick in the popularity of apartments, which saw a 3.1% increase in bookings. This shift in preferences underscores the changing needs of business travelers, offering valuable insights for short-term rental hosts looking to cater to this market segment more effectively.

Remote Work Impact on Business Travel

With the rise of remote work, more travelers are looking for spaces that can double as accommodations and temporary offices. This flexibility lends toward seeking a more “homelike” experience and looking for places where they can work effectively and relax comfortably. Equip your space with ergonomic furniture, ample lighting, and quiet zones that enable guests to enjoy their entire stay.

Combining Business Travel With Leisure Travel

“Workations” are becoming increasingly popular, with business travelers often extending their stays for personal purposes as well as inviting family or friends along on the trip. These blurred lines between work and leisure necessitate accommodations that cater to both. Tailor your Airbnb and listing details to cater to this trend by providing useful guides to local attractions, leisure amenities, and flexible booking options that accommodate early check-ins and late check-outs.

Sustainability Considerations in Business Travel

Eco-consciousness is a growing trend among business travelers. Implementing sustainable practices in your Airbnb, such as energy-efficient appliances, recycling programs, and eco-friendly toiletries, can attract this demographic and align with corporate sustainability goals.

Smart Technology Integrations

Incorporating smart technology—like keyless entry systems, smart thermostats, and voice-controlled devices—can enhance the convenience and appeal of your property to tech-savvy business travelers looking for a seamless, modern stay. And don’t forget about small details like conveniently located charging outlets located at the workstation, near the bed, and in the kitchen. 

Utilize Airbnb for Business Travel to Scale Your Portfolio 

Leveraging OTA platform tools designed for business travelers can help you market your property more effectively. Ensure your listings are tagged as business-ready, highlighting relevant amenities and adopting flexible policies to meet the rigorous standards of business travel. Take advantage of these features to ensure your listings are visible to corporate bookers and solo business travelers alike.

In conclusion, catering your short-term rental to business travelers involves understanding the unique needs of businesspeople and optimizing your listing accordingly. By focusing on convenience, functionality, and the latest trends in business travel, you can attract and book travelers within this lucrative market segment.

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Top TikTok Creators for Airbnb Hosting Success https://turno.com/top-tiktok-influencers-airbnb-hosting-tips/ Fri, 05 Apr 2024 18:14:41 +0000 https://turnoverbnb.com/?p=8031 Learn from the best in the business about short-term rental-related topics. Whether you’re new to the vacation rental scene or have been operating your STR business for years, you’ll benefit from the knowledge shared by smart, experienced Airbnb TikTok content creators. In this blog, we share our top 10 TikTok creators for short-term rental professionals.

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TikTok: Not Just Another Social Media Platform

We know you’re already using Turno to take care of your Airbnb cleaning needs — but where can you turn to find answers to your other Airbnb-related questions? Our answer: TikTok.

TikTok has become more than a guilty-pleasure platform for entertainment; it’s emerged as a dynamic hub where individuals from diverse backgrounds come together to share their experiences and expertise. Short-term rental content creators cover an extensive range of topics, ensuring operators of all sizes can find valuable insights to enhance and grow their hosting business. 

From investment strategies to interior décor ideas, marketing tips, and guest communication techniques, TikTok is a deep-well resource of actionable information. 

10 Must-Follow TikTok Content Creators to Level Up Your Airbnb Hosting Game 

By following Airbnb content creators on TikTok, you’ll stay updated on the latest trends and best practices and gain access to a supportive community where you can exchange ideas and seek guidance from fellow hosts and experts alike. So, get ready to refresh your ‘For You’ page and elevate your hosting game with the wisdom shared by these TikTok influencers: 

michael elfante

1. @melefante6

Real estate investor and Airbnb expert Michael Elefante has built an impressive following on TikTok by combining the latest trends with valuable insider tips.

Michael began investing in short-term rentals in 2019 with his wife. They launched with two properties in Nashville, Tennessee, and quickly expanded from there – becoming Airbnb Superhosts. In addition to their Airbnb host status, Michael and his wife partnered with Elliott and Kylie Caldwell to start a vacation rental management company, Home Team Vacation Rentals

Michael creates content for everyone within the short-term rental industry drawing on his expertise in managing multiple properties. On TikTok, he shares entertaining stories of success and lessons learned from mistakes. His real-life experiences help him make short videos filled with useful tips and advice. If you’re interested in learning more from Michael outside of social media, he also offers a master course in vacation rental management, BNB Investor Academy

the karwells

2. @thekarwells

Best friends and co-founders of The KarWells, Emily Karnaz and Sarah Glidewell create engaging content focused on investing, consulting, arbitraging, and designing high-end vacation rentals. 

Combined, these STR pros have created, designed, and installed over 50 short-term rental properties. Since 2020, they’ve grown their portfolio of Midwest investments and expanded to markets across the US. Their candid stories recounting their successes and struggles to navigate an STR business during the pandemic kick-started their loyal following on TikTok. 

As Airbnb content creators, Emily and Sarah offer a unique blend of personal experiences and professional insights. Whether it’s showcasing intricate interior design details, tailored amenities, or innovative property features, they share practical strategies for curating unforgettable guest experiences. Their transparency in their journey and with clients has helped them build a large and dedicated fanbase. 

derek cheung

3. @derekcheungbnb

Derek Cheung built a name for himself within the vacation rental industry when he entered real estate investing at twenty-one years old. Focusing his expertise on rental arbitrage, Derek expanded his portfolio to feature over 50 properties nationwide in just three years. His story has been shared on Business Insider – inspiring other short-term rental entrepreneurs. 

Derek’s TikTok channel features guidance on making the right property investment decisions from the beginning. His content provides a realistic breakdown of costs and potential earnings you can expect when first starting your vacation rental business. Following and engaging with Derek through TikTok can help early-stage investors make informed decisions through each phase of running a short-term rental. 

In addition to learning from his TikTok channel, hosts can uncover more growth opportunities through Derek’s one-on-one consulting and online course, Airbnb Empire Academy

madi and skyler

4. @madiandskyler

Operating their vacation rental business from Upstate, New York, power couple, Madi and Skyler, share authentic insights into how they invest and take care of their rentals. From DIY renovations to tips on instant equity gains, they deliver a variety of content for hosts to follow and learn from. 

As real estate investors and entrepreneurs, Madi and Skyler have the necessary tools and experience to equip their followers with actionable advice. Both are committed to helping other hosts achieve success. Their commitment to providing the best resources to start and grow a vacation rental business is also reflected in their STR book club – where they curate essential readings to enrich members’ understanding of the Airbnb industry further.

With their expertise and dedication, Madi and Skyler go above and beyond to provide insights, strategies, and inspiration to help you succeed in the vacation rental business. Follow this duo to get the most out of your journey in the vacation rental industry.

cory

5. @selfbnb

Cory is an Airbnb Superhost, ambassador, and mentor who focuses his content specifically for self-managing hosts. He takes his followers along with him into his properties and shares his practical advice tips and reasoning with real-world examples.  

In his engaging videos, Cory delves into a wide array of topics essential to successful hosting. From mastering the art of guest communication to selecting the perfect linens to enhance your property’s appeal, he leaves no stone unturned. Also, drawing from his hands-on experiences, Cory shares how self-managing hosts can navigate the intricacies of the short-term rental landscape with confidence and finesse to set themselves and their businesses up for success. 

Grow your vacation rental business with Cory’s insider secrets to achieving Airbnb’s Superhost status, adeptly handling the challenge of negative reviews, managing daily operations, and more. 

eugene f

6. @mreugene06

Airbnb coach and strategist, Eugene Fanfan, is an expert in real estate investing and rental arbitrage. As he shares in his channel, Eugene built a six-figure vacation rental portfolio without owning a property. 

Eugene’s educational TikTok content is geared toward helping individuals interested in launching a vacation rental business but who don’t know where to start, if they should invest in or buy a property, or don’t know if they have the financial resources to manage a successful Airbnb. 

With Eugene as a TikTok mentor, early-stage hosts can gain knowledge and market insights honed through his first-hand experience. His practical tips and actionable strategies offer valuable tools for scaling vacation rental businesses. From deciphering market trends to optimizing financial resources, Eugene equips his followers with the skills and confidence to navigate the complexities of the short-term rental industry.

inayah

7. @inayahmcmillan

At eighteen years old, Inayah McMillan began her journey as an entrepreneur, short-term rental investor, and host. Now, three years later, she has built a lucrative Airbnb business.

Inayah uses her TikTok channel to educate and inspire others regarding all things short-term rental. From practical advice on property acquisition to savvy marketing strategies and guest management techniques, her content covers a wide range of vacation rental topics. 

Uncommon among growth-minded investors, Inayah offers her followers the benefits of financial transparency by openly sharing details about her earnings per booking and the various costs involved in initiating and sustaining a short-term rental business long-term. Her candid approach provides a realistic perspective on the financial aspects of STRs. The benefits of Inayah’s content don’t end there. Her relatable approach and genuine passion for sharing knowledge have created a true community among her followers who network and exchange ideas with like-minded individuals. 

monica robles

8. @monicas.house

Airbnb coach and investor, Monica Robles, quit her 9-5 job and made her first Airbnb property investment in 2022 – kick-starting her career in the short-term rental industry. Now, Monica shares through her TikTok platform how she was able to take the leap into purchasing her first vacation rental property and work from anywhere in the world. 

From complete, weekly financial breakdowns to a day in her life as a host who manages her Airbnb properties remotely, Monica’s feed delivers a comprehensive look into how she operates her vacation rental business. Whether you’re new to the arena or have been in the vacation rental market for a while, Monica’s content can help provide a clear picture of the remote operations of a successful Airbnb business. 

In addition to sharing her tips and tricks, Monica includes entertaining and aesthetic videos of her travels. She showcases how long guests stay in her rentals and how much they pay per booking to help others understand the management processes that enable her to travel and work simultaneously. 

zoey

9. @zoeyberghoff

Zoey Berghoff and her husband, Reid, are passionate about offering guests unforgettable experiences at their short-term rental properties. Their journey began in 2019 when they listed their first unconventional property: a glamping site. This unique setup was only the beginning of their STR journey.

The immediate success of their glamping site encouraged Zoey and her husband to expand their property portfolio. They added another glamping experience and gradually ventured into renovating rustic and historically charming properties. This expansion diversified their portfolio while boosting their revenues.

Zoey and Reid have mastered the art of property renovation, transforming ordinary spaces into luxurious accommodations. They choose to spend time traveling in Tahiti, while simultaneously managing their successful properties remotely and ensuring guests enjoy exceptional stays.

Follow Zoey to discover how she and her husband transform properties into high-end accommodations. Their videos offer a behind-the-scenes look at their journey, showcasing everything from property renovations to guest interactions. 

bailey kramer

10. @thebaileykramer

Real estate investor, Bailey Kramer, has built his TikTok platform around educating individuals on how to turn Airbnb investments into lucrative cash flows. From snippets of guest appearances on short-term rental podcasts to speaking directly to his followers about increasing the value of their Airbnb business, Bailey is a key resource and expert within the industry. 

Bailey expertly breaks down complex concepts into easy-to-understand nuggets of wisdom. Through his bite-sized videos, he simplifies the process of increasing the value of an Airbnb business. From enhancing a property’s value to understanding Airbnb cash flows, Bailey covers a range of topics crucial for success in the short-term rental industry. Hi TikTok content is practical, actionable, and rooted in real-world experience.

Whether you’re a novice looking to dip your toes into short-term rentals or a seasoned investor seeking to optimize your existing portfolio, Bailey’s insights and expertise provide guidance and inspiration to thrive in the competitive STR industry.

Simplify Hosting with Expert Insights from STR TikTok Content Creators 

Don’t miss out on the opportunity to learn from the best in the business by following top industry experts on TikTok. These educational and entertaining creators present topics in approachable and understandable ways, allowing you to learn and grow on your own time.

Check out these TikTok content creators to improve your hosting skills, solve problems more efficiently, and give guests great experiences that lead to lasting success in short-term rentals.

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Prepare Your Airbnb for a Successful Summer https://turno.com/prepare-your-airbnb-for-summer/ Thu, 28 Mar 2024 23:20:11 +0000 https://turno.com/?p=49142 Capitalize on the season by strategically listing, marketing, and staging your Airbnb to welcome summer guests. Discover your summer guest personas and how you can best prepare your short-term rental to host warm-weather travelers.

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Who Are Your Summer Airbnb Guests? 

To thrive as an Airbnb host, it’s important to understand what your guests are looking for and expecting from season to season. Depending on where you’re located, your summer travelers might differ from your winter guests. Recognizing and accommodating these diverse wants and needs is key to ensuring year-round guest satisfaction and securing 5-star reviews. 

Your Summer Airbnb guest personas may include:

  • Outdoor adventurers like hikers, mountain bikers, and beach-goers
  • Families looking for kid-friendly accommodations and amenities like a pool or playground 
  • Groups of friends seeking local entertainment and nightlife options like fairs and festivals
  • Couples seeking a romantic getaway and luxury amenities

Your Airbnb’s location will drive your typical guest personas and preferences. For example, coastal vacation rental guests prefer recommendations nearest the best spots to surf, swim, or snorkel. They’ll also appreciate thoughtful perks like sunscreen, aloe, and extra beach towels. Conversely, mountain short-term rental guests may have different summer wants such as a hot tub, mountain bikes, or hiking equipment to enjoy the local scenery, plus Adirondack chairs around a firepit for those memorable family evenings. 

Benefits of Summer-Proofing Your Vacation Rental 

As an Airbnb property owner, carefully preparing your home for the summer months can significantly enhance the guest experience. Summer-proofing your Airbnb ensures guest comfort while helping maintain your property and boost bookings during the warm vacation season. The benefits of summer preparations include: 

  • Higher Ratings: A cool, comfortable stay during hot weather leads to happier guests and better reviews. Positive reviews impact listing’s visibility and attract more guests in the long run.
  • Repeat Guests: Satisfied guests are more likely to return year after year and recommend your Airbnb to others. Provide a pleasant summer experience and increase the likelihood of guests choosing your property for future stays.
  • Reduced Maintenance Costs: Proper summer-proofing helps prevent issues like overheated appliances or AC breakdowns, saving you time and money on emergency repairs. Regular maintenance and inspections before the summer season can catch potential problems early and avoid costly surprises.
  • Enhanced Guest Experience: By anticipating guests’ needs and providing summer-friendly amenities and guest treats, you help create memorable experiences that encourage positive reviews and referrals.
  • Competitive Advantage: Travelers are more likely to choose accommodations that cater to their seasonal needs. Stand out from competitive listings by preparing and marketing a summer-ready space designed to attract attention.

Remember, investing time and effort into summer-proofing your Airbnb benefits you and your guests, contributing to smart property maintenance and your long-term success. 

Family sitting on a lake doc eating watermelon during the summer at an airbnb

7 Steps to Summer Success for Your Airbnb

Throughout the summer, Airbnb hosts can face challenges and opportunities unique to the season. Your goal is to navigate these factors effectively. Here are some tips on how you can best capitalize on summertime opportunities. 

1. Update Your Listing for a Summer Appeal 

Sprucing up your Airbnb listing for the summer months is a smart move. It’s all about drawing more travelers to your listing and showing them a window into a great summer getaway. In many markets, summer means an uptick in travelers, and a refreshed listing can help your property stand out from the crowd. 

To optimize your listing and attract summer guests, consider the following:

  • Highlight outdoor spaces: Showcase your property’s outdoor amenities like pools, patios, decks, gardens, firepits, and BBQ areas. Add photos of these spaces and emphasize their availability for guests to enjoy during their stay.
  • Mention nearby attractions: Highlight popular summer activities and attractions in your listing description, such as beaches, hiking trails, water sports, or local festivals. Provide information on how guests can conveniently access these attractions from your property.
  • Offer summer-specific amenities: Consider providing items such as beach towels, umbrellas, coolers, beach chairs, or bicycles for guests to use during their stay. Mention these amenities in your listing to attract summer travelers looking for convenience and added value.
  • Update listing photos: Refresh your listing photos to showcase your property in its summer glory. Include images of sunny skies, outdoor activities, and vibrant landscapes to evoke a sense of summer vacation.

2. Assess and Adjust Your Pricing and Minimum Stay Strategy for Summer Guests

It’s advantageous to adjust your pricing strategy to reflect changing seasonal demand, and many markets see an increase in guests seeking summer accommodations. If your area experiences heightened summer interest, you can capitalize on this by setting competitive rates that reflect the higher demand.

Another effective tactic is to offer discounts for longer stays. By incentivizing guests to book extended stays, you can increase your occupancy rate while securing a more stable income stream over the summer months. Guests planning longer vacations or seeking seasonal housing options appreciate such discounts, making your listing more appealing to a broader range of travelers.

Additionally, building in discounts for mid-week stays can help fill gaps in your booking calendar. While weekends may see higher demand, weekdays often experience lower occupancy rates. Offering discounted rates for stays during these less popular periods can attract guests who are flexible with their travel dates. This approach also helps optimize your listing’s occupancy throughout the week, maximizing your earning potential.

Outdoor air conditioning

3. Perform Seasonal Maintenance Checks 

Ensure a comfortable and enjoyable experience for your guests during summer with timely maintenance checks. 

Combat the summer heat by scheduling a checkup for your property’s air conditioning units. Ensure that they are in good working condition and free from performance issues. This includes cleaning or replacing air filters, inspecting ductwork for leaks or blockages, and testing your thermostat’s functionality. Adequately sized air conditioning units are also crucial to effectively cool rooms without straining the system or causing discomfort to guests.

In addition to central air conditioning, consider providing fans in each room to offer alternative cooling options. Ceiling fans and portable fans can help improve airflow and distribute cool air more efficiently, especially in areas where the central air conditioning may not reach as effectively. Guests appreciate these supplemental cooling options, especially during particularly hot summer days or nights.

Another important aspect of seasonal maintenance for summer-ready short-term rental properties is the upkeep of pool and hot tub areas. If your property includes these amenities, ensure that they are thoroughly cleaned and properly maintained before the start of the summer and throughout the season. This includes scrubbing the pool or hot tub surfaces, checking and balancing chemical levels, and inspecting equipment such as pumps and filters for signs of wear or malfunction.

4. Enhance Guest Experience with Popular Summer Amenities

Beyond indoor temperature control, think about your outdoor spaces. Summer guests often crave outdoor relaxation areas, so make sure your patio or backyard is inviting and equipped with comfortable furniture, shade options, and perhaps a barbecue grill. Providing amenities like sun umbrellas or outdoor fans can also enhance the outdoor experience for your guests. 

Furthermore, updating your guest guidebook to include information about local summer events, attractions, and activities can enhance the guest experience by providing valuable insights and recommendations. Include details about nearby beaches, hiking trails, outdoor festivals, patio restaurants, or recreational activities that guests can enjoy during their stay. This personalized touch demonstrates your knowledge of the area and helps guests make the most of their summer stay experience.

Airbnb summer back patio

5. Market Your Airbnb as a Premier Summer Destination 

Attract more guests and increase bookings during summer by highlighting your property’s unique features and amenities. Differentiate your listing and position it as a sought-after destination. 

Strive for optimal awareness of your summer Airbnb. In addition to listing on online travel agencies, market your property across social media platforms like Instagram, Facebook, and TikTok. 

Tips to market your property as a premier summer destination:

  • Appeal to summer guests by offering outdoor activities, relaxation, and memorable experiences. 
  • Highlight seasonal amenities and features that make your property an ideal choice for summer travelers. 
  • Leverage positive reviews and share testimonials from previous summer guests who enjoyed their stay to build trust and confidence with potential guests.
  • Create engaging content through high-quality photos and videos that showcase the summer appeal of your Airbnb. 

6. Communicate with Guests Quickly and Effectively

Communication is key, especially in the busy season. Quick responses to guest inquiries and booking requests are crucial to secure reservations before guests move on to other options. Your responsiveness shows professionalism and drives bookings.

Setting clear expectations is also important. Hosts should clearly state check-in/out times, house rules, and other important details in their listing description. This helps guests plan their trip and prevents misunderstandings later on.

To communicate effectively, hosts should monitor their OTA/PMS inbox regularly and reply to messages promptly, ideally within a few hours. Automated messages can save time by sending quick responses to common inquiries or booking requests. It’s also a good idea to update your listing calendar regularly to show summer availability. 

7. Streamline Everyday Operational Tasks & Stock Up On Supplies  

Automating tasks and stocking up on supplies helps you save time and ensures a consistent guest experience. Guests appreciate it when hosts think ahead and provide the essentials. By doing so, guests feel more comfortable and taken care of, increasing your chances of 5-star ratings and repeat bookings. 

To streamline operational tasks and ensure a well-stocked property, consider these strategies:

  • Use automated messaging tools to send pre-written messages to guests, such as check-in instructions, house rules, and local recommendations.
  • Hire professional turnover cleaning services to ensure your property is consistently clean and well-maintained between guest stays. Automate scheduling with your booking calendars to minimize your workload.
  • Install keyless entry systems or smart locks to streamline the check-in/out process for guests. This eliminates the need for physical keys and allows for remote access management.
  • Create a checklist of essentials, such as toiletries, cleaning supplies, paper goods, and kitchenware to ensure guests have everything they need during their stay.
  • Keep track of inventory levels of provided supplies and amenities to avoid running out of essential items. Set up automated alerts or reminders to restock and replenish supplies when they run low.
  • Encourage guests to provide feedback on their stay, including suggestions for improvement or additional amenities. Use this feedback to refine and optimize next summer’s guest experience. 
Airbnb guest checking in

How to Effectively Manage Your Airbnb Throughout the Summer

During the summer months, you may face a mix of increased competition, higher demand, and unique guest expectations. You can navigate these challenges and capitalize on the season’s opportunities with careful planning and strategic approaches.

One of the best practices for managing seasonal challenges is to proactively anticipate and address potential issues. Last-minute cancellations and unexpected booking changes can significantly impact revenue and occupancy rates, leaving you with vacant properties and lost income. To mitigate the impact of last-minute changes, consider implementing flexible cancellation policies that allow guests to cancel within a reasonable timeframe while also incentivizing guests to honor their reservations.

You might also experience fluctuations in local short-term rental regulations or restrictions such as zoning laws, occupancy limits, and licensing requirements, which can vary widely from one location to another and may change over time. It’s important to stay informed about any changes or updates to local regulations that may affect your ability to operate your Airbnb listing legally during the summer months. 

Capitalize on the Season and Boost Your Summer Bookings 

As the warm weather arrives, be ready to boost your bookings and host happy guests. Update your listings to showcase your property’s summer appeal and apply smart pricing strategies. Verify that everything is in good working order, introduce new summer amenities, and communicate with your guests about season highlights and area attractions. 

With good planning and smooth operations, you can take advantage of the summer travel season to drive reservations and revenue. So, enjoy the warm weather, welcome the opportunities, and watch your summer earnings increase!

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How to Increase Airbnb Revenue in 7 Clever Ways https://turno.com/increase-airbnb-revenue/ Mon, 18 Mar 2024 07:48:12 +0000 https://turnoverbnb.com/?p=8079 Did you know there are multiple ways that your property can generate income for your Airbnb business? To help you boost your property's profitability, we’ve compiled seven outside-of-the-box ideas that can drive new lines of revenue for your property.

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What Increases an Airbnb’s Value?

The value of an Airbnb listing consists of a variety of considerations and factors. Ultimately, the better overall guest experience you can provide, the more you can charge and the more guests are willing to pay.

Providing the best environment possible for your guests and building a strong reputation are foundational steps. Host trustworthiness is a powerful influencer when potential guests are looking to book. High ratings and glowing guest reviews certainly help you stand out from the crowd.

Achieving 5-star hosting status starts with ensuring a well-designed, functional, clean, and safe Airbnb property. According to research from Boston University, “Airbnb guests pay higher rates for space, quality, friendliness, and unique experiences” when compared with traditional hotels.

Want 5-star cleanliness in your Vacation Rental?

Top 7 Unexpected Ways to Increase Airbnb Revenue

While some Airbnb guests just want a clean and comfortable place to lay their heads while traveling, other vacation renters seek out extra perks and unique experiences.

With a little bit of creativity, optimizing your listing to offer a few memorable experiences and special amenities can drive your revenue skyward. Let’s take a look at 7 clever ways to increase your Airbnb revenue.

1. Rent Out Extra Storage Space

One simple way to increase your Airbnb revenue is to repurpose your property’s extra space.

Through the power of the internet and the popularity of the sharing economy, almost anything can now be listed to be rented and can serve as an easy way to earn additional income. Many different companies now make this process simple and safe.

One possibility is listing an extra storage space to act as a private storage locker for someone else.

Neighbor provides an easy-to-use marketplace where you can list your space and connect with people looking for a less expensive alternative to traditional storage units. This storage-sharing marketplace streamlines the process by taking care of logistics, such as payment and paperwork, and even providing liability insurance to limit risk.

Who knew that an unused closet, garage space, or shed could earn you extra cash every month? This can be a great option for Airbnb hosts to increase their revenue, and with a little pre-planning, can be leveraged without affecting guests’ experiences.

2. Rent Out Extra Parking

Whether you have an unused lot or an open space on your property, there may be the potential to rent out what you aren’t using and make some money from the space.

One great example is CurbNTurf. They are a listing and reserving platform that allows property owners to rent out their private land or parking areas to RV travelers. According to CurbNTurf CEO Aaron Rawlins, “the RV industry is selling a million additional RVs each year.” As demand increases, the need for parking grows as well.

RV trailer

With this platform, you can list any available space you have, from a single parking spot to a vacant lot. This can be a great way to essentially double your tenants — and income — overnight.

RV travelers bring their own home, and “RVs can provide their own power, water, and waste collection,” says Rawlins. However, those that offer these amenities are more enticing and can provide a greater cash flow.

Similarly, JustPark allows you to rent out an extra parking spot for cars, trucks, and SUVs. Especially if you live in a city or somewhere where parking is in short supply, renting out an extra parking space can help you earn hundreds of dollars per month without lifting a finger.

3. Make Use of a Large Yard or Acreage

If you have a larger yard, there are many cool ways you can use this to your advantage.

For example, expanding your Airbnb strategy to include glamping can be a game-changer for increasing revenue and attracting a wider range of guests. Imagine transforming your yard into a luxurious outdoor retreat, complete with cozy tents, comfortable bedding, and all the amenities of a five-star hotel. This unique offering opens up a whole new world of possibilities for your property. 

Moreover, glamping allows you to maximize the usage of your property. Instead of letting your yard sit idle, you can turn it into a profitable asset by converting it into a glamping site. This not only generates extra revenue but also adds value to your property by making it more versatile and attractive to potential guests.

Another way you can utilize a large yard is by providing guests with tailored outdoor experiences. Think about your target market. Do you cater to families with children, adventurous couples, or business travelers? Enhance your listing by using your outdoor space for exercise equipment, playground toys for kids, and other outdoor-friendly amenities. Your ideal guests will appreciate and pay more for an Airbnb that has additional on-site offerings.

4. Provide Pet-friendly Accommodations

By welcoming pets into your Airbnb property, you can tap into a lucrative market segment and maximize your revenue potential. Many travelers, especially pet owners, actively seek out accommodations that welcome their four-legged companions. By catering to this demographic, you can attract more bookings and increase your occupancy rates. 

Pet owners are more likely to book longer stays at pet-friendly vacation rental properties since they have the flexibility to travel with their pets without worrying about accommodation restrictions. Longer bookings mean more revenue, as you can charge nightly rates for an extended period as well as a pet fee, resulting in higher overall earnings.

Also, consider Sniffspot, a marketplace that allows you to list an outdoor space as a private dog park. Sniffspot can help you attract pet owners looking for safe and secure outdoor spaces where their furry companions can play and exercise freely. Pet owners, even if they aren’t your guests, are often willing to pay for access to private areas for their pets to roam and play.

Friends gathered for dinner outside

5. Craft Unique Airbnb Experiences

Offering curated services and add-on experiences is a great way to provide a customizable experience that can increase the rates you’re able to charge.

Services such as home-cooked meals, tours of the surrounding area, or rental of equipment like bicycles can be another easy way to increase the income potential from your Airbnb. These creative additions also contribute to increased customer satisfaction during their stay, helping you gain new customers and increase your revenue with each stay.

Airbnb Experiences is another great option to make use of your knowledge of the local area or to share your hobbies and passions with your guests. Offering an Airbnb Experience is convenient because hosts can offer unique and interesting experiences for guests or tourists through one centralized platform.

6. Optimize Property Features and Amenities

Boost your revenue by leveraging property features and amenities such as pools, hot tubs, fire pits, outdoor kitchens, and bars. These attractions enhance the overall guest experience and attract more bookings, especially during peak seasons and holidays. Pools and hot tubs, in particular, are sought-after amenities that can significantly increase the value of an Airbnb listing.

By installing a pool or hot tub, you appeal to guests looking for relaxation and leisure during their stay. These luxury amenities provide a unique selling point that sets the property apart from others, leading to higher demand and occupancy rates. Additionally, guests are often willing to pay a premium for access to private pools or hot tubs, allowing you to charge higher rental rates and maximize earnings. 

Furthermore, platforms like Swimply offer the opportunity to rent out pools by the hour to guests in the local area – monetizing your pool investment. This allows you to generate additional income from your pool when your property is otherwise unoccupied. 

With an Airbnb swimming pool and/or hot tub, you can offer special packages or amenities for guests to purchase. Items like sunglasses, sun hats, additional towels, sunscreen, and aloe make for perfect pool and hot tub-related amenities. The same concept can be applied to having an outdoor kitchen or bar! Adult beverage mixers can be a great addition to your Airbnb property’s amenities, allowing guests to enjoy refreshing drinks while lounging by the pool or relaxing in the hot tub.

7. Become an Airbnb Consultant

Being an Airbnb host can be difficult and stressful at times, especially for those who are just starting out.

If you are an experienced host, then you likely have valuable knowledge that would be helpful for new hosts trying to find success. Your insights and knowledge on how to successfully run an Airbnb business is information that other people would likely pay money for. If this sounds up your alley, consider starting your own Airbnb consulting business.

The main role of a consultant is to provide an objective evaluation of the operations and strategies of a business and help them to improve. For Airbnb hosts, some common points of improvement revolve around the content and photos of their listing, pricing strategy, not understanding reviews and competition, and trying to handle everything on their own versus implementing tools to automate operations.

Being a third-party observer who has experience in the game, and providing crucial insights, can help you form a profitable side business that builds out from your hosting experience.

Hosting is hard. Cleaning doesn’t have to be!

Maximize Your Airbnb Revenue Today

When it comes down to it, it just takes some creativity and a bit of extra effort to increase your Airbnb earnings.

“More options means more opportunities. Not everyone vacations the same way, and having a versatile offering may bring more returning customers who appreciate the flexibility you provide that others don’t.”

– Aaron Rawlins, CurbNTurf CEO

We hope this list provides you with some new ideas to make extra income with your vacation rental business. That said, one of the best ways to increase your Airbnb revenue is to focus on the experience that you are offering, and that starts with ensuring consistent and quality cleaning.

Turno makes keeping up with cleanings a breeze by managing scheduling, payments, and messaging all in one place. Download our host app today.

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Top Instagram Accounts to Follow for Airbnb Hosting Tips https://turno.com/top-instagram-accounts-for-airbnb-hosts/ Fri, 08 Mar 2024 19:25:00 +0000 https://turnoverbnb.com/?p=8708 In the fast-paced Airbnb market, staying updated on the latest insights and trends means knowing where to look for the best advice. A great way to keep your hosting habits sharp and your business successful is to start following these 10 Instagram influencers today!

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Airbnb Instagram: Where Information Meets Influencers

According to Social Pilot, more than 1.15 billion people actively use Instagram every month. Whether it’s to keep up with friends, get inspiration from celebrity influencers, stay in tune with events and communities, or learn new skills, Instagram is a powerful hub for it all.

Instagram has also emerged as a valuable learning platform for aspiring and seasoned short-term rental (STR) hosts. With its diverse features, Instagram offers an ideal space for STR content creators to share their insights and experiences in personal and approachable ways.

Instagram Reels, both short and long, are dynamic tools used by STR hosts to convey information in an engaging and digestible format. Airbnb hosts glean insights through bite-sized Reels that offer quick tips, best practices, and proven strategies for success. These concise videos cover a wide range of topics, including property management, guest communication, interior design, marketing tactics, renovation ideas, and more. 

Best Airbnb Instagram Accounts to Follow for Hosting Tips

Following short-term rental experts is a great way to keep up with industry news and trends. Below are some of the best Airbnb Instagram accounts hosted by creators to help you get inspired, build your STR skills, create a buzz about your properties, and attract future guests and revenue.

Kendra Barnes, the Key Resource

1. @thekeyresource

The founder of The Key Resource, Kendra Barnes, utilizes her platform to be a voice of women and people of color (POC) empowerment. Her success and platform have made the Airbnb industry more accessible to women and POC – creating opportunity for women and minority groups to enter the vacation rental market and thrive. 

On her Instagram feed, you’ll discover not only her personal journey in managing a prospering Airbnb business but also the shared insights and advice of other successful women. As a real estate investor, Barnes’ content provides valuable information about what takes to start your Airbnb business. From investing in your first property to managing tenants and guests, The Key Resource is a go-to account for STR real estate content. 

Through Barnes’ community of followers, you can connect with like-minded individuals, share experiences, and seek advice from others who have faced similar challenges. Find the quality information you need to navigate each stage of your STR journey through Barnes’ Instagram feed. 

Madeleine Raiford-Holland

2. @madeleineraifordholland

Madeleine Raiford-Holland, a short-term rental investor and entrepreneur, is well-versed in optimizing vacation rental businesses. Her expertise extends across various facets of the industry, from property management to investment strategies. 

Through her popular Instagram account, Madeleine serves as a valuable resource and guide for aspiring and seasoned short-term rental hosts, property managers, and real estate investors.  

With a keen understanding of the unique challenges and opportunities within the vacation rental market, Madeleine’s content is crafted to address the diverse needs and goals of her audience. Whether you are just starting your journey in the industry or seeking to refine your existing practices, Madeleine offers practical insights, actionable tips, and strategic advice. From optimizing property listings for maximum visibility and bookings to implementing effective guest communication strategies and revenue management techniques, Madeleine covers a wide range of topics essential to running a successful short-term rental business. 

Cameron Philgreen

3. @cameron_philgreen

Cameron Philgreen has established a prominent presence for himself and his family within the short-term rental and real estate industry. Since 2017, Cameron has steadily built a vacation rental business that includes an impressive portfolio of 11 properties and 16 units. 

Recognizing the value of social media platforms to share his insights and experiences, Cameron creates compelling Instagram and TikTok content tailored to the interests aspiring hosts and investors. 

Cameron shares his successes and challenges, providing valuable guidance and inspiration to others navigating similar paths in the industry. Cameron delivers a range of authentic and transparent content, from practical tips on property acquisition and management to share lessons learned from his own experiences. In addition to his intelligent and helpful Instagram content, Cameron offers coaching to other aspiring vacation rental investors. 

Justin Richardsons

4. @ayooojus

Justin Richardsons’ influence in the short-term rental world extends far beyond being a host, investor, and entrepreneur. As a high-profile figure in the industry, Justin has leveraged his expertise to cultivate a dedicated following on Instagram, where he shares invaluable insights aimed at assisting individuals in launching and growing their vacation rental businesses.  

Justin’s content offers valuable insights into various aspects of the vacation rental business, including property acquisition, listing optimization, guest communication, and revenue management. Through his engaging and interesting Instagram content, Justin demonstrates how success in the STR industry is attainable with dedication, perseverance, and strategic vision. In addition to his popular Instagram content, Justin spends time coaching individuals on ways to maximize their vacation rental potential. 

Brindy Bringhurst

5. @airbrindy

Airbnb hosts of any experience level should follow Brindy Bringhurst because she’s an award-winning Airbnb Ambassador who specializes in design and hospitality education and coaching. 

Her Instagram content offers practical tips to enhance your Airbnb properties and guest experiences through fun and engaging posts. Brindy’s expertise in design ensures you learn how to create inviting and stylish spaces that attract guests and boost positive reviews. 

Additionally, Brindy’s focus on hospitality education and coaching equip followers with the skills and knowledge needed to provide exceptional customer service and create memorable stays for guests. Hosts who follow Brindy get inside access to valuable insights and guidance that help properties maximize income by standing out in the competitive Airbnb market. 

mamma mode

6. @mamma.mode

Mamma Mode, created by Andrea, an Airbnb ambassador, is one of the top Instagram accounts for operating a vacation rental business. Not only is Andrea’s feed aesthetically pleasing, it provides followers with a variety of tips and tricks for running a successful Airbnb. 

Her content includes expert advice as an Airbnb mentor, design and decor tips with Amazon links to specific sought-after products, and applicable workbooks and manuals on running a short-term rental. This thoughtful approach helps her followers easily copy her style, making their Airbnb properties more attractive. Also, her comprehensive resources give hosts practical tips and tools to improve their operations and boost guest satisfaction. 

By offering a holistic approach to success in the vacation rental business, Mamma Mode is trusted, go-to resource for many Airbnb hosts. Her feed also shares success stories and testimonials from real-life hosts who have worked with Mamma Mode one-on-one. 

Ruben

7. @therealestateexperiment

If you are interested in learning about all things real estate, following Ruben Kanya on Instagram is a great place to start. His expertise is focused on short- and mid-term rentals – giving you a comprehensive view on how to maximize rental revenues with different types of properties. 

Ruben’s Instagram feed includes clips of him speaking alongside STR industry professionals like Avery Carl, Dr. Rachel D. Gainsbrugh, and others on his podcast, “The Real Estate Experiment”. His entertaining episodes cover key topics related to financial management and property protection, equipping followers and listeners with the tools they need to navigate the challenges of the rental market with confidence.

Ruben regularly shares success stories that serve as inspiring examples for hosts, and illustrate the potential for growth and achievement in the short- and mid-term rental industry. By showcasing the real-life experiences of successful hosts, Ruben motivates others to pursue their own entrepreneurial aspirations and strive for excellence in their rental businesses.

Jared Condon

8. @jaredbnb

Jared Condon stands out in the Instagram crowd as a visionary who believes in the power of creativity and uniqueness. His insights into the STR industry are redefining the Airbnb experience, and through his Instagram content, he encourages hosts to transform their properties into interesting and memorable stays that drive high ratings and great reviews. 

Jared’s approach to hosting goes beyond mere accommodation; it’s about curating unforgettable experiences that resonate with guests long after their stay. His content offers you a look into how he manages guest relationships and reviews to transform ordinary spaces into areas of comfort and style.  

Jared’s personal approach and communication style comes through in content that is relatable and easy-to-understand. His advice and strategies offer real-world guidance on how short-term rental hosts can cultivate positive interactions with guests, respond effectively to feedback, and create memorable moments that enhance the overall guest experience.

Kierra Castleberry

9. @kierracastle

Airbnb super host and real estate investor, Kierra Castleberry, provides followers with real-life, practical advice that resonates with aspiring and seasoned hosts alike. Kierra’s insights are rooted in her own firsthand experiences of successfully operating a sustainable Airbnb business. 

Her advice covers a wide range of topics essential to running a vacation rental, from optimizing listings for maximum visibility and bookings to effectively managing guest interactions and ensuring exceptional guest experiences. Kierra’s approach is results-oriented, focusing on actionable strategies that hosts can implement immediately to improve their operations and drive success.

Kierra’s expertise extends beyond the day-to-day aspects of hosting. She also offers valuable guidance on long-term sustainability and growth, including tips on property acquisition, investment strategies, and building a portfolio of profitable Airbnb properties. Her insights into the broader real estate market and investment landscape empower hosts to make informed decisions that align with their financial goals and aspirations. 

Taylor Adams

10. @taylorcolemanadams

Spice up your Instagram feed with vacation rental DIY renovation projects and design inspiration from real estate investor Taylor Adams. From property makeovers to investing tips, Taylor offers actionable advice in a fun and creative way. 

Her popular content provides cost-effective solutions for hosts and showcases budget-friendly alternatives to expensive professional services with her DIY renovation projects. Taylor’s Instagram followers learn the tools they need to boost the aesthetic appeal and functionality of their properties without breaking the bank. She and her loyal followers know that intentional renovations lead to increased property value.

Enhancing the appearance and amenities of vacation rentals can attract more guests and command higher rental rates, ultimately boosting profitability. Additionally, the unique design elements she offers can help differentiate properties in a crowded market, leading to higher occupancy rates.

Level Up Your Airbnb Game with Insights from Top STR Instagram Influencers

Instagram is more than a social media platform for funny memes and recipe inspiration – it’s a valuable resource for you to learn and grow your hosting business. With over a billion monthly active users, Instagram serves as a limitless source of information and inspiration for short-term rental professionals.

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The Short-Term Rental Tax Loophole: A Guide for High W2 Income Earners https://turno.com/str-tax-loophole/ Mon, 04 Mar 2024 18:48:05 +0000 https://turno.com/?p=36830 The real estate sector provides numerous opportunities for wealth creation, but the tax landscape can be complex and challenging. In this article, we'll discuss how the STR tax loophole works, the requirements needed to meet the IRS's Material Participation Test, and why self-managing your short-term rental is a crucial component.

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One area of tax strategy that often piques the interest of those investing in short-term rentals is what’s known as the short-term rental (STR) tax loophole. This provision, particularly beneficial for high W2 income earners who can invest time to self-manage a rental property, offers an opportunity to save significantly on federal taxes. 

In this article, we’ll discuss how this tax strategy works, the requirements to meet the IRS’s Material Participation Test, and how self-management of your STR can set you up for success.

Plus, we’ll introduce you to Ben, our hypothetical yet realistic real estate investor, and show you how his smart tax strategy enabled him to buy and self-manage a short-term rental condo in Waikiki that earns him amazing cash-on-cash returns.

Meet Ben below! 

BONUS: We’ll share Ben’s investment calculator so you can plug in your income, investment, and other assumptions to begin the due diligence of making your STR dream a reality. 

Understanding the Short-Term Rental Tax Loophole vs. Real Estate Professional Status

The short-term rental tax loophole presents an advantageous tax treatment for income derived from STR properties, provided certain conditions are met. 

This tax strategy involves using short-term rental properties to generate income while simultaneously offsetting taxable income through the deduction of depreciation (a non-cash expense) and other expenses. The unique aspect of this approach is its exemption from the “passive loss limitation rules” which usually apply to rental properties, potentially offering tax benefits similar to those of the Real Estate Professional Status (REPS).

This provision serves as a boon for high-income-earning property owners who don’t meet the stringent criteria for REPS. It does so by redefining rental activity and altering the taxation process for the income it generates.

To understand this loophole, it’s critical to distinguish between passive and non-passive activity. If your rental activities are classified as non-passive, they fall under the purview of this loophole. The federal tax code delineates the standards for demonstrating that income produced by a rental property is non-passive.

Here are the key conditions to meet the passive income exception, according to the IRS:

  • The average stay of a guest does not exceed seven days.
  • The average period a guest occupies the property as a rental is 30 days or less, and the owner offers basic services comparable to those provided by a hotel.
  • Owners deliver exceptional personal services to prepare the property for use.
  • Property rentals are deemed incidental to the non-rental activity of the owner.
  • Use of the property is accessible during specific business hours and is not exclusive to any one guest.
  • Any provision of the property for use in activities conducted by a partnership, S-corp, or joint venture in which the property owner has an interest is not considered a rental activity.

So, what does this mean in layman’s terms? Essentially, the short-term rental tax loophole can lead to substantial tax savings if you qualify. 

By self-managing your vacation rental (more on that below), you can demonstrate non-passive material participation, without necessitating you to become a full-time real estate professional.

woman calculating her airbnb property taxes

Decoding the Material Participation Test

While the STR Loophole is more accessible than REPS, it doesn’t completely absolve the investor from involvement. The IRS still insists on material participation in the rental activity.

The Material Participation Test is a set of seven criteria established by the IRS to determine whether an individual is actively involved in a trade or business. These criteria are designed to prevent taxpayers from claiming tax benefits for activities they’re not materially participating in.

To pass this test, you must meet at least one of the seven criteria defined by the IRS during the tax year. In the context of STRs, the three most commonly met criteria include:

  • Participating in the activity for more than 500 hours,
  • Having your participation constitute virtually all of the participation in the activity, or
  • Participating in the activity for more than 100 hours when no other individual participates more. 

Importance of STR Self-Management

For high-income earners looking to leverage this tax strategy, self-managing the rental property is a critical component. As an investor, you must show material participation and the easiest way to do that is through self-management. 

If your interest in owning a vacation rental property hinges on a desire to hire a property manager or outsource much of the operational tasks required to list, book, host, and turnover your place, then rethink your ability to meet the material participation criteria.

Thankfully, self-managing an STR is simpler than ever thanks to several easy-to-use software tools. Implementing a time-saving, cost-reducing, effective short-term rental tech stack will help you satisfy the material participation requirements while also making the management of your STR an efficient and automated process. 

Why Invest in 2024? Phase-out of Depreciation for Short-Term Rentals

If you’ve toyed with the idea of investing in a short-term rental, now may be the best time to act. 

Since 2018, the bonus depreciation rate for STRs and other business activities had been set at 100%. However, 2022 marked the final year of this 100% bonus depreciation, with a phased approach to reducing the percentage over five years. Here’s how that looks:

  • In 2023, the bonus depreciation decreased to 80%. 
  • In 2024, the rate reduces to 60%.
  • By 2025, the bonus depreciation will drop to 40%.
  • In 2026, the rate diminishes to 20%.
  • In 2027, the bonus depreciation is slated to disappear entirely.

While changes and extensions are possible, this is the current trajectory. It’s vital to note that the STR depreciation loophole itself is not under threat and may remain intact. However, the 100% bonus depreciation is naturally phasing out according to existing laws, diminishing the impact of the strategy the longer you wait to get in the game.

stack of tax forms and united states money

Utilizing Depreciation in Your Short-Term Rental Tax Strategy

Even as bonus depreciation diminishes, there remains an opportunity to depreciate portions of your property at 5 or 15 years instead of the standard 39 years, presenting another avenue for savings. 

Engaging a skilled, demonstrated real estate professional can help you strategically utilize depreciation for your short-term rental. They will guide you through the following pivotal steps:

  • Cost Segregation Study: They will advocate for the execution of a cost segregation study on your property. This is an essential first step.
  • Reclassification of Property Components: The objective of the cost segregation study is to reclassify certain components of your property, transitioning them from a 39-year life (the standard depreciation life for a short-term rental property) to 5 and 15 years. This applies to tangible personal property, land improvement property, and qualified improvement property.

Understanding the significance of this strategy is crucial. The potency of this tactic lies in the fact that 5 and 15-year property components typically constitute 20-30% of a property’s purchase price. This strategy is powerful because your losses are non-passive, and that tax loss can be utilized to offset taxes on your W2 income.

The short-term rental tax loophole presents a unique tax-saving opportunity for high W2 income earners considering investing in real estate, provided they can actively self-manage their rental properties. As always, it’s wise to consult with a tax professional or real estate attorney to understand how this strategy could impact your specific situation.

Meet Ben and His Tax-Friendly Short-term Rental in Waikiki

Ben is a successful doctor interested in becoming a short-term rental owner-operator. With the right transaction structure, careful planning, and a willingness to self-manage his STR property, Ben can eliminate (or rather defer until death*) his federal tax bill. 

See how he does it and try Ben’s calculator for yourself! 

Ben makes $480K a year in W2 income. His federal tax bill is $135K with a maximum tax bracket of 37%. (see tab: W2 Income) 

Ben purchases a $1.7M Waikiki condo with a $340K down payment. (see tab: Tax Brackets) 

Without the STR tax loophole, this is not a great investment. Ben is bringing in about $23K a year after interest payments – only about 6% cash on cash return. 

income tax forms with hand using pen to fill out the forms

Let’s see how we can help Ben. 

We’re going to make some reasonable assumptions about the rental income and operating costs. (see tabs: Investment and Rental Performance) 

  • Conservative rental income is $143K based on $490 per night with 80% occupancy
  • Conservative operations costs are $31K
  • Net operating income is $111K
  • Mortgage interest is $88K
  • Cash flow is $23K 

Remember: A crucial point in this tax strategy is understanding that different parts of the property depreciate on different schedules and that the accelerated depreciation applies to the structure and elements other than the land value. (see tab: Depreciation)

What does Ben do? 

Ben hires a qualified firm to conduct a cost segregation analysis that finds that $680K of his property is eligible for bonus depreciation. In 2024, Ben is allowed to depreciate 60% of that $680K ($480K).

Ben can also depreciate the rest of his property value according to straight-line depreciation over 39 years. This equates to $1.02M / 39 years for a regular depreciation of $26,000.

Factoring in depreciation, Ben is amassing a $411K “paper” loss for the 2024 year. This includes his bonus depreciation of $480K + regular depreciation of $26K – operating cash flow of $23K. 

This loss (mostly depreciation) offsets Ben’s other W2 income, resulting in a new AGI of $69K and a federal tax bill of only $4.5K, down from $135K – a savings of $130K! 

For the first year, this brings Ben’s cash-on-cash return to a staggering 42%, up 36 points from the measly 6% return he started with. (see tab: Tax Savings) 

Ben was able to take advantage of this windfall opportunity because he self-manages his rental property and meets the IRS’s material participation test requirements. He doesn’t pay a property manager, invests his time and some money in a valuable tech stack, and operates his short-term rental efficiently and successfully – all while still practicing medicine as his “day job.” 

Congratulations, Ben! 

Check out Ben’s calculator and plug in your numbers and assumptions to see how you might also make STR ownership a revenue-generating reality. 

*It is important to note that bonus depreciation creates a tax deferral, not a pure credit. In the event Ben chooses to sell the condo, he would be liable to pay taxes on the depreciation, but never fear! There are ways to defer that tax bill too, like buying another property in a 1031 exchange. 

Disclaimer: This article and the calculator tool are for informational purposes only and should not be relied upon as tax, financial, or legal advice. Always consult with a tax professional and/or real estate attorney for advice on your specific situation.

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Managing Your Vacation Rental as a Side Hustle https://turno.com/managing-vacation-rental-side-hustle/ Tue, 27 Feb 2024 19:59:10 +0000 https://turno.com/?p=35341 If you are looking for a potential side hustle, renting out your property to travelers for short periods can be a good option. It can be a great way to earn extra income on top of your full-time job, even if you don't have much extra time.
In this post, we'll share some tips and strategies for managing your vacation rental as a side hustle without trading much of your time for money.

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It’s Easy to Get Started as a First-Timer

If you have no business experience, the easiest way to start with your first vacation rental is to list your unoccupied property on major booking sites. Each OTA has its advantages and disadvantages, so listing your vacation rental on multiple platforms is always better. This way, you can easily reach more travelers who can become your potential guests.

Although learning how to make money with vacation rentals takes some time and effort, if you organize everything right, you can successfully manage your property in your spare time and ensure a steady flow of income.

Can you make good money from your vacation rental? It depends on many factors, but the short answer is yes. If you own a home or apartment in an area that attracts many tourists and offers plenty of opportunities for leisure activities, using it as a short-term rental can generate serious money.

Operating a vacation rental can be both rewarding and profitable if you are willing to put in the required work to set up solid business processes. It can be an ideal side hustle that fits perfectly into your life if you’re already working full-time.

How to Manage Your Vacation Rental as a Side Hustle

When managing your vacation rental, the most important thing is ensuring all your guests get everything they expect when staying at your place. You also need to ensure that your guests enjoy their stay and check out satisfied with their experience (and, hopefully, willing to come back in the future).

Some property owners hire a property manager to help them with hosting and ensure everything runs smoothly. But you can also self-manage your property and use technology to streamline operational tasks.

Hire Someone to Help You

Managing a short-term rental can be rather effort-intensive for a property owner, especially during a high season, and requires consistent work. One of the possible solutions to avoid the constant hassle and create a work-life balance is to hire someone to manage your vacation rental for you.

A property manager will handle all the day-to-day tasks of running a vacation rental, including setting competitive rates, keeping your booking calendar up-to-date, communicating with guests, cleaning, maintenance, and other responsibilities. It’s up to you to decide what tasks you want to delegate to them.

A good property manager can make running a short-term rental much easier and free up your time so you can focus on your career or your family. But you’ll need to pay for their services, and this can significantly reduce the profitability of your vacation rental property.

Another disadvantage of entrusting someone to handle everything for you is that you may feel you’re losing control over your vacation rental, which can be risky. Some property management companies may provide excellent service, while others may not live up to your expectations.

If you hire a bad one, they can create more problems than they solve. That’s why if you hire a property manager, ensure they have experience in your market, and you are comfortable with them as a person.

airbnb property manager looking at checklist in notebook as cleaning crew works in the background

Automate as much as you can

If you don’t think hiring a property manager is the right choice for you, you can manage your vacation rental on your own and outsource the tasks you don’t have time for while balancing a full-time job.

Managing your own property will allow you to avoid management fees, have full control over the process, and add a personal touch to a positive customer experience. In this case, automation and tech are crucial to help you run your side business in the long run. Automating and outsourcing different aspects of running a short-term rental will earn you more money by doing less work.

Using advanced software tools, you can make your side business flourish with minimal effort and take care of your daily tasks when convenient. You won’t have to pioneer this approach. For example, 67% of Hospitable hosts manage their vacation rentals on the go, accessing their accounts using smartphones or tablets versus desktops.

Automate Cleaning and Maintenance

Wherever they go, guests expect to stay in a welcoming and comfortable space that is clean and well-maintained. That’s why it makes sense to outsource and automate cleaning and maintenance. You should partner with reliable vacation rental cleaners who can efficiently handle the turnover process and ensure your home is as pristine as possible after every guest’s stay.

Turnover software can help you automate the cleaning process between guests. For example, with Turno, you can easily find trusted local cleaners. If you enter details about your property, such as square footage, the number of bedrooms and bathrooms, etc., you can compare bids from top-rated cleaners in your area and communicate with them using Turno Chat.

After you sync your booking calendar with Turno, the platform will automatically schedule cleaning projects based on check-in and check-out dates and share them with your cleaners, sending instant notifications. You can create cleaning checklists and share them with your cleaners to show them what they should focus on. Cleaners can upload photos of completed tasks to their assigned checklist for hosts to see.

The platform will allow you to automate payments to your cleaners and save over 40 hours of your precious time each year. It can also help you keep track of your inventory and get notifications when specific essentials are out of stock or running low and need to be refilled. Cleaners can send hosts reports about property damage and other problems in real-time so that hosts can address the issues and coordinate repairs.

Hospitable in app dashboard

Use Software to Manage Your Primary Hosting Responsibilities

There are other aspects of running a short-term rental that you may want to automate using technology and software tools to reduce your workload and address specific problems. Your tech stack should include vacation rental software with comprehensive, advanced features.

It’s a cost-effective alternative to hiring an external team of property managers to help manage your short-term rental. Vacation rental management software can help you automate many routine tasks to make your life easier:

●       Manage multiple listings on different platforms in one place

●       Synchronize your calendars across multiple platforms so you can get instant protection from double bookings

●       Ensure fast and clear communication with your guests via automated messages

●       Manage guest reviews

●       Smartly adjust your prices through integrations with dynamic pricing tools

●       Ensure a smooth self-check-in process for your guests through integrations with smart locks

●       Develop a direct booking website that will appear in Google Vacation Rentals and bring you an extra flow of leads without high third-party fees.

Running a short-term rental can be a lucrative side hustle. Although it requires active, regular effort, vacation rental software tools can help you do all your tasks more efficiently and conveniently. They can remove the hassle from every part of the process and put your vacation rental management on autopilot.

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Top Noise Monitoring Devices for Your Airbnb https://turno.com/airbnb-noise-monitor/ Fri, 23 Feb 2024 23:47:56 +0000 https://turno.com/?p=34052 Effective management of your short-term rental (STR) properties includes the use of noise monitoring devices. These devices help enhance the guest experience, protect your investment, and maintain positive relationships with neighbors. Learn more about the top 5 noise monitors chosen by Airbnb hosts and how they can benefit your STR business.

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How Airbnb Noise Monitors Protect Your Investment 

Noise-detecting monitors help track noise levels in vacation rental properties and manage disturbances that may arise. These devices enable STR operators to proactively address noise disturbances by offering real-time insights into noise activity at the property. This helps ensure a pleasant and peaceful experience for both guests and neighbors. 

Integrating noise monitoring technology enhances the overall management and profitability of short-term rentals in several ways:

Preserve Guest Safety and Satisfaction 

The goal of every vacation rental host is to provide guests with a safe, enjoyable, and memorable experience. Noise monitors in your Airbnb can aid in doing just that. They enable you to analyze objective data to address complaints or noise concerns effectively. You can use this information to resolve disruptions and minimize the risk of guests not following house rules. 

Safeguard Against Property Damage

Airbnb noise monitors can help safeguard a vacation rental property from damage by alerting hosts to potential disturbances or emergencies. For instance, if the noise monitor detects sounds indicative of property damage, such as breaking glass or slamming doors, it will immediately notify you. This early warning allows you to investigate and address the issue promptly, potentially preventing further damage or losses. 

Additionally, noise monitors can detect unusual sounds that may signal emergencies like flooding or appliance malfunctions. By alerting hosts to these situations as they occur, noise monitors enable swift action to mitigate damage and protect the property, ensuring its long-term value. 

woamn working in home office

Support Remote Management  

Noise monitors support remote STR management by providing real-time data and alerts about noise levels in rental properties when you are not physically present. This means you can monitor noise activity from anywhere using a smartphone or other devices connected to the internet. With remote access to noise monitoring data, you can quickly identify and address disturbances or violations of property rules, regardless of your location.

Most Airbnb noise monitors offer remote control capabilities, such as adjusting settings and customizing thresholds. These features grant you the ability to remotely manage your rental properties effectively and address issues swiftly.

Comply with Local Regulations 

Airbnb noise monitoring devices help reduce the risk of noise disturbances by providing hosts with proactive measures to manage noise levels. These monitors detect and track noise activity, allowing you to monitor noise levels and intervene promptly if disturbances occur. 

By implementing noise monitoring technology, hosts can demonstrate their commitment to addressing noise concerns, stay compliant with local regulations, and maintain a peaceful environment for guests and neighbors alike.

Prevent Noise Complaints 

Noise monitors serve as a proactive measure to mitigate potential complaints or conflicts, helping you maintain positive relationships with guests and uphold the reputation of your rental property. 

Installing noise monitors demonstrates your commitment to being a responsible and considerate member of the neighborhood. Noise monitors show that you value the well-being and comfort of your neighbors by ensuring guests adhere to quiet hours and respect the peace of the community. 

5 Best Airbnb Noise Monitors and Detectors 

Your Airbnb noise monitor should keep guests, neighbors, and you happy. By carefully selecting the right noise monitor, you can effectively manage noise levels, address disturbances promptly, and contribute to a peaceful neighborhood:

Minut airbnb noise monitor

1. Minut 

Minut is a great pick for hosts who want a smart monitor. This sensor gives detailed insights into noise levels inside and outside your vacation rental. Plus, it detects cigarette smoke, temperature changes, and humidity shifts. 

Knowing noise levels inside and out helps you ensure a positive guest experience. You can detect if noise is coming from your property or nearby. Minut’s AudioID filters out wind, giving you data that can help you make informed decisions before taking action. Also, the additional features of smoke detection, temperature, and humidity shifts allow you to keep guests comfortable during their stay – leading to better reviews and more bookings. 

Minut’s noise monitors offer vacation rental hosts peace of mind and security from anywhere. Track, measure, and detect disruptions in your guests’ stay from any mobile device and/or desktop. Minut’s sensor allows for seamless remote management of noise detection and more.  

Alertify airbnb noise monitor

2. Alertify 

The Alertify noise monitor offers a range of features such as measuring noise decibels, detecting indoor smoking and vaping, and alerting you to elevated occupancy levels while ensuring your rental property respects guest privacy. 

Alertify’s built-in backup battery is a unique feature that allows continuous monitoring even during a power outage.

In addition, you can set triggers by violation type. Each trigger has a customizable threshold that can be adjusted at any time. When sound exceeds a set threshold for the violation trigger type, you’ll be notified. The combination of these features ensures guest safety and protects your property from undesirable events. 

NoiseAware noise monitor

3. NoiseAware

If you’re looking for a noise monitor for your Airbnb that is a simple solution to managing noise and occupancy levels, NoiseAware is another smart choice. 

NoiseAware’s sensor offers STR operators privacy-safe insights into what’s happening on their property between check-in and check-out. Their monitors do not identify guest-specific noises or record private conversations. Their promise to guest privacy ensures you only measure sound decibels over time, providing safe monitoring while preventing noise disturbances.  

According to NoiseAware, their products have helped many vacation rental owners prevent costly noise fines and penalties with “an estimated $105 million in noise-related costs.” Be a good neighbor by detecting sounds coming from inside and outside your vacation rental with reliable, actionable data that is collected 24/7.     

PartySquasher Airbnb noise monitor

4. Party Squasher

A targeted way for Airbnb hosts to prevent parties is with Party Squasher. This noise monitor is designed specifically to detect occupancy and noise levels within a vacation rental property. 

With innovative features like its ability to count the number of mobile phones in and around your house, Party Squasher accurately estimates the number of people present in your rental property, giving you real-time occupancy data.

With Party Squasher, you can set an occupancy limit based on your property’s capacity and rental rules. If the occupancy exceeds the set threshold, Party Squasher sends an instant text message or email alert. This proactive notification allows you to take immediate action, whether it’s contacting the guests to address the situation or implementing other necessary measures to ensure compliance with rental policies.

WYND Sentry Airbnb noise monitor

5. WYND Sentry

With coverage for up to 750 sq ft, this advanced monitor utilizes SiSonic™ MEMS technology for precise noise and disturbance detection. But WYND Sentry doesn’t stop there – it’s uniquely equipped to instantly detect and document both smoking and noise disturbances, ensuring a peaceful environment for guests and neighbors alike.

What sets WYND Sentry apart is its ability to speed up resolution time and success rates of claims by 2x, according to the company. By providing irrefutable evidence of disturbances, hosts can address issues swiftly and effectively, saving time and minimizing stress. With WYND Sentry, hosts trust that alerts are backed by accurate data, eliminating false alarms and unreliable monitoring. 

Features to Consider When Selecting a Noise Monitoring Device for Your STR 

To select the perfect noise monitor for your vacation rental property and hosting goals, first consider the functionality and purpose of these devices. 

Noise monitors use a microphone to measure sound waves and their levels within a specific environment. The monitor then analyzes these sounds to determine their volume or intensity. You will be alerted when the volume exceeds a certain threshold, allowing you to take appropriate action.

Important features you’ll want to consider when selecting a noise monitor include: 

Accuracy and Sensitivity 

An essential feature to look for in a noise monitoring device is how well it can detect and measure sound. You want to be sure that the smart technology is advanced enough to provide you with accurate and actionable data to make informed decisions. For example, if the noise monitor inaccurately detects noise when there is none, it could lead to unnecessary interventions or misunderstandings with guests. Conversely, you don’t want a noise detector to miss any noise disturbances as it can result in guest dissatisfaction or neighborly complaints. 

Understanding your desired noise monitor accuracy can be determined by its sensitivity to noise levels. Sensitivity is crucial for detecting a wide range of noise levels, including subtle disturbances that may indicate potential problems or nuisances. You want a noise monitor that can pick up even faint sounds, ensuring comprehensive coverage and early detection of noise disturbances. This is particularly important in vacation rentals where guests may have different schedules and preferences, and noise levels can vary throughout the day and night.

When choosing your noise monitor, look for multiple sensor placements to ensure you’re getting full coverage in certain areas of your property. Accuracy and sensitivity features offer you effective management of noise disturbances through reliable data collection.

monitoring noise in Airbnb

Real-Time Monitoring 

As an Airbnb host, you should consider real-time monitoring an essential feature because it provides instant updates on noise levels. This enables you to address issues immediately, ensuring guests have a peaceful stay. 

With real-time noise monitoring, hosts can intervene quickly if there’s a disturbance, preventing potential conflicts and negative guest experiences. This feature helps your property maintain a positive reputation, leading to more bookings, increased guest satisfaction, and the added benefit of being a good neighbor. 

Additionally, real-time monitoring allows hosts to track noise trends over time, enabling them to implement proactive measures to prevent future disturbances. 

Customizable Thresholds

Customizable thresholds are another important feature of a noise monitoring device because you can tailor the device to your specific needs and set noise levels that are acceptable for your property. If noise exceeds these levels, the device sends an alert. This helps you enforce quiet hours and maintain a peaceful environment in your vacation rental. 

By customizing thresholds, you can also accommodate different property layouts and guest preferences. This feature minimizes disruptions and potential complaints, aiding you in effectively managing your vacation rental business and providing a better experience for guests.  

Integration with Smart Home Systems

Smart home technology integrations allow seamless control and monitoring of your rental property as a whole. You can access noise data remotely and receive alerts on your smartphone or other devices. With smart home integration, you can manage noise levels and promptly address disturbances, even when not on-site. 

Privacy Considerations

Choose an Airbnb noise monitoring device that respects guest privacy by collecting and storing data securely. By making this feature a priority, you build guest trust and confidence. This can lead to more positive reviews, repeat bookings, and recommendations to friends and family. Additionally, adherence to privacy policies helps hosts comply with regulations and avoid potential legal issues. 

Airbnb host sharing noise monitor locations to guest

Understanding OTA Policies for Noise Monitoring Devices

When installing a noise monitoring device in an Airbnb or any vacation rental, hosts must be mindful of privacy regulations set by online travel agencies (OTAs) like Airbnb as well as local laws and regulations. Here are some general guidelines to ensure compliance:

  • Airbnb states that all monitoring devices must be identified and disclosed to guests before they book with you. Smart monitoring devices must only be installed in common areas like the kitchen or living room; bedrooms and bathrooms are prohibited. 
  • Vrbo’s official noise monitoring policy states that hosts may have these devices on their property as long as they only measure noise levels and do not record private conversations. 
  • As a general rule of thumb for monitoring devices, you should disclose the presence of any monitoring devices on your rental property in the listing description or house rules. This includes notifying guests of the type of device present, its purpose, and how the data collected will be used. 

Remember, respecting guest privacy at all times is a high priority when running a vacation rental business. Make sure to address any concerns or questions raised by guests regarding the presence of monitoring devices promptly and transparently. By doing so, you’ll minimize the risk of violating OTA regulations and ensure compliance with relevant privacy laws while still addressing noise concerns in your properties.

Efficiently Manage Your STR with Noise Monitoring Devices 

Noise monitoring devices are essential tools for effectively managing STR properties. From preserving guest safety and satisfaction to safeguarding against property damage and ensuring compliance with regulations, these devices offer numerous benefits that contribute to the success of your rental business. Choose the right noise monitoring device for your STR properties and enjoy peace of mind knowing that your guests’ experience is in good hands.

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