fbpx
🎉 FREE WEBINAR - July 24th, 11am / 8pm CET - Learn Airbtics in 7 Minutes - Revenue and Market Analysis Tips and Best Practices!
Categories
Podcast

Interview with the CEO of AirHospitality Pro – S2 EP59

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Our guest for today is Gabriel Aramayo, an Airbnb remote co-host based in Bolivia. Gabriel manages several listings located in Seattle, Pittsburgh, Miami, Tampa Bay Area and Los Angeles, providing different services like messaging, schedule cleanings, schedule maintenance, listing optimization, calendar management and guest support among others. Most of his clients are professional hosts with over ten listings who may don’t have time to manage all their listings, so, if you’re one of them, this episode is for you! Keep listening to hear more about Gabriel’s story and experiences as remote co-host and also what he offers.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 59: Remote Co-hosting from Bolivia all the way to your listing 🌎 In conversation with AirHospitality Pro – CEO & Founder

Delia:

So can you tell me how did you get started with your co-hosting services?

Gabriel Aramayo:

Sure. So I started working with an agency here in my country, the agency was working for a Canadian company, it was quite a big company with 100 listings, mainly in Toronto, a few of them in Montreal, and then as well as spreaded in the US, in LA and Miami. And after I worked with them for about three years, decided I wanted to do it on my own. So I started freelancing and get clients, get hosts, so I can help them with co-hosting of their listings.

Delia:

And you told me previously that you’re currently located in Bolivia, right?

Gabriel Aramayo:

Yes, I’m located in Bolivia and I perform this service from here.

Delia:

Yes, that’s right. And you offer your services for listings located all over the US, right?

Gabriel Aramayo:

Yes, correct. Right now, I’m helping with listings located in Seattle, Pittsburgh, Miami, Tampa, the Tampa Bay area and LA.

Delia:

And what are those services that you offer as a remote co-host?

Gabriel Aramayo:

Anything that can be done remotely, we can do it. Started freelancing on my own and then now I have a team, I have three people helping me. So we do everything that can be done remotely, we can do it. Our service is tailor made for the needs that every host is requiring because every house is completely different, their processes are different, so they have different needs in their business. So we offer a tailor made service we do, the only thing that we don’t do is pricing because the hosts are local to their listing, so they know much better the market and they know how to feel the market, how to feel the difference between supply and demand and they do a better job regarding pricing. So anything else that can be done remotely we can do it.

Delia:

So for example, you do the messaging with the guest, right?

Gabriel Aramayo:

Right. We do messaging, we respond to inquiries, try to keep the occupancy at the maximum possible, schedule cleanings, get to repairs if needed, manage the calendars and set up the auto messages if needed. Many hosts work with PMS with property management software’s like Guesty, so we can set that up as well. Yeah, among many other tasks.

Delia:

Okay, and can you tell me a little bit more about your customers? For example, you told me that there are some hosts that are local to their listing, so am I right to assume that most of your clients are local hosts that can deal with some things for example, checking and maybe also the pricing as you told me, but they don’t have much time to do like messaging, scheduling and everything else you get to do, right?

Gabriel Aramayo:

Right. So my clients are actually professional hosts. They don’t host one or two listings and a client that has less properties that I have, has 10. So between 10 and 50 to 60 properties where we can help them. So yeah, they don’t usually deal with the operational side of the things, they don’t like do the check ins, they don’t meet the guests, they only manage their portfolio, they focus on growing and we focus on everything that can be operational of all the operational tasks that can be done remotely, we help them with that. And they also have a team on the ground to help with repairs, to drop off supplies if needed, to restocking. So yes, my clients are actually growing companies and we help them to grow even more, and get more properties in their respective markets.

Delia:

Oh, that’s super interesting! And can you tell me a little bit more about your clients? For example, do they usually guide you through what would they like service to be made? Like you said, the tailor made service or do they usually just like you do your thing? Like they set up, you know, these are my 10 listings, I want you to do whatever you want to do with this, you just tell me what you’re going to do and I’ll prove it. Is it like that or do they usually guide you with what you’re going to do?

Gabriel Aramayo:

They gave me a lot. The good thing is that we know the basics because of the experience that we have on Airbnb and short-term rentals in general. So they don’t need to teach me how Airbnb works, how to navigate and that industry because it can be, specifically Airbnb can be very sided with the guests and many hosts have complaints about that. So we are very careful on how to navigate the Airbnb industry, and then not getting in trouble with them. So they don’t need to teach me that they only teach us their processes. They have different processes. They have different ways of escalating issues, of handling repairs and things like that. They tell me they get me on their processes, but the basics, the fundamentals on how Airbnb works and short-term rentals in general, we already know that. So that’s a good thing about this, that we already know the basics.

Delia:

I understand. And now that you’ve commented about Airbnb siding with the guests, do you usually also deal with the problems that they have with guests?

Gabriel Aramayo:

Yes, we deal with Airbnb in behalf of the owner, as a co-host with a co-hosting account. From time to time we encounter a difficult guest who just complains, and then maybe it’s more focused on getting a refund or getting a discount on their state than the actual experience that we’re providing. So no matter what they are going to complain. I think that many experienced hosts already experienced this kind of things, and these type of guests. So yes, we also deal with Airbnb in behalf of the hosts and then try to just come up with the best possible resolution for us.

Delia:

And can I ask which are the most like common types of problems you deal with? I imagine that there can be maybe some damage into property in that case, do you also deal with that? Or in that case, the host deals with that?

Gabriel Aramayo:

Okay, so yes, we had cases where the cleaning team arrives and they say “Hey, the place smells like marijuana or smells like cigarette and we need to take action”, we have on our rules and almost all of our clients have these on their rules that we need to find a guest if they smoke, so the first thing is to collect evidence of course we coordinate with the cleaning team, with the people that’s on site to gather all the photos as much evidence as possible and we first contact the guest and we deal with Airbnb, we escalate the issue to Airbnb if that’s required, but yes, we also can help with that.
Delia:

I see, that’s very helpful then. And what about the reviews if for example after good staying, maybe you didn’t have much contact with the guest, they leave a bad review. Do you also deal with that?

Gabriel Aramayo:

Yes, we deal with the reviews mainly if everything goes smoothly and we get a five star reviews, we make a nice response to the review, we respond to the review politically but if we had a review that we believe it’s unfair we tried to dispute it. We know the terms of Airbnb on how to handle the reviews, what’s allowed on the Airbnb side and what’s not, so we just try to find reasons to get a review removed as per the Airbnb Terms of Service and yes, we also help with that as well.

how much can you make on airbnb

Delia:

Okay, that’s really helpful then and what about listing optimization? Do you also work providing that service?

Gabriel Aramayo:

We do. Most of our clients are already very experienced. So they just guide us on what needs to be done with the listing. And of course, with the experience that I have, I also give my opinion to another clients who perhaps are not too experienced, specifically, things that need to be on the listing just to avoid issues with a guest afterwards, like, for example, if there is a camera outside, it needs to be disclosed or we can get in a big call with Airbnb, if I noticed that we have a camera and it’s not disclosed on the listing, I give the suggestion to the host to add it as well. That’s what we do in terms of listing optimization.

Delia:

I see right now. And previously, you mentioned that you also help getting the occupancy rate up for them, right?

Gabriel Aramayo:

Yes.

Delia:

And can you tell me a little bit of what are the steps that you take? And what services do you provide to get the listing to get a higher occupancy rate?

Gabriel Aramayo:

Sure, so for one of my clients, I have permission to change the price because as I mentioned, that’s perhaps what many hosts don’t want to delegate, but I have a client that delegated me the pricing of a few units. So regarding the pricing, to maintain occupancy high is just to play a little bit with the prices on the takings and take out dates to avoid gaps. Perhaps lower the price when we are closer to the to the dates that helps us well, and keeping an eye on on days with high demands. And that’s if we are not connected with a pricing software, like PriceLabs or Beyond Pricing. That’s what can be done in terms of pricing to keep occupancy high. But I think that we have more influence with inquiries, when we’re receiving an inquiry, we try to respond as soon as possible and we try to sell the unit without our promising because that could generate high expectations and end up like, perhaps we cannot fulfill some things if we over promise. So we try to sell the listing, if we notice that it’s not a good fit, we cross sell between our listings that the same host also has. So that way, we noticed that it can be a really good difference to respond to the inquiries as soon as possible and to be able to sell their properties or cross sell if needed.

Delia:

That sounds pretty good. And can you tell me a little bit for our listeners that might be interested in also hiring you and your team, can you tell me how much can they expect to like pay you for your services? I know you make many like different types of services according to every host needs. But if you can give me a range of your prices that would be really good.

Gabriel Aramayo:

Absolutely. So when we start with a host and it’s a house that doesn’t have many units, let’s say between 5 and 10, we charge around $120 and $90 per month per listing. If it’s a professional host and the tasks are only guest communication mainly and escalate issues, then it’s not a lot of workload for us, so we can lower the price. If the host has many listings, perhaps I will say above 20, above 20 listings we can negotiate the price if the tasks are not very time demanding because if the tasks are demanding, then I will need to add more people to my team and the price will increase. But that’s basically the range.

Delia:

Okay, so the range would be, can you repeat it once more?

Gabriel Aramayo:

Sure, between $90 and $120 per month per listing.

Delia:

Per listing, okay, that sounds pretty good then. And can you tell me how can they expect them for you to leverage their listings? Like, what results can they expect from you? They can expect for you to rise the occupancy rate, maybe rise the revenue, take a lot of time off of them, you know?

Gabriel Aramayo:

Yes. So it depends on the goals of each host, but we focus on give the hosts peace of mind. We focus on giving the hosts the opportunity to relieve their workload and have more time to focus on their portfolio and we follow the instructions we try to make everything a streamlined process, so they don’t have to like being on top of everything or micromanaging. We try to free their time and give them peace of mind in that we are taking good care of their properties.

Delia:

Yeah, I understand. I understand totally, so that sounds really really great. And can you tell me, is there any way they can contact you?

Gabriel Aramayo:

Sure, absolutely. My email address is [email protected] that’s the name of my company.

Delia:

AirHospitality then. So that would be it for today. Thank you a lot for being my guest today and for give us all this useful information. I bet our listeners are going to love this.

Gabriel Aramayo:

Sounds great. Thank you so much for the interview and for the opportunity to share my experience with your audience.

Do you want to maximize your profit?

As a professional in the short-term rental industry, you’d definitely know that there are intense competitors who are probably obsessed with maximizing profit & exert efforts to promote Airbnb listings. What are their unique tools, you ask? We say:

A super-accurate & reliable data analytics tool.

Are considering investing in an Airbnb but are financially limited of doing so? Learn how to start Airbnb with no money

Designed to showcase accurate short-term rental analytics data, not only does our app help you optimize your listing, but it can also provide VERY useful data for simulating cash returns using the Airbnb Calculator. try looking at real-time data from Airbtics & stand out among your competitors!

Airbtics
Categories
Podcast

Interview with an Airbnb Host from Tampa, Florida – S2 EP58

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Our guest for today is Laura Spaulding, an Airbnb host who owns and manages four listings in Tampa, Florida. She started 7 months ago and decided to go with hiring a property management company to manage her listings, after some time she noticed that the numbers didn’t make sense and not everything was being reported to her, so she decided to start managing herself and she noticed a big difference with this change. Join us today to hear more about Laura’s story, how she overcame this bad experience and also super interesting insights from her market.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 58: From $1700/mo to $3700/mo after leaving a bad property manager company – 4 Airbnb listings in Tampa, FL
airbnb monthly revenue Tampa

Delia:

So can you tell me how you got started with Airbnb or short-term rentals?

Laura Spaulding:

I’ve been in the real estate investing space since 2016 and I was doing kind of fix and flips and some long-term rentals. And then when I started looking at the numbers, I realized that I could double or triple my revenue on a place if I would do a short-term rental on it. So I decided to kind of just dip my toe in it and try it out on a couple places and it worked out really well.

Delia:

And how did you find out about Airbnb and short-term rentals?

Laura Spaulding:

I was using them myself when I travel, so I knew that, you know, there was a big community out there that was kind of bypassing hotels and doing more of a, you know, live in the city, experience the city rather than just go to the tourists side of things.

Delia:

And did you already own those properties that you started renting on Airbnb?

Laura Spaulding:

So I was in the middle of a couple rehabs and one of them is by an amusement park in Tampa here, so I thought I’m going to try that one out first. So as I was rehabbing it, I kind of switched because I was going to do a long-term rental and I thought, “You know what, I’ll just furnish this place and try it out” and that was about six months ago. So I’ve been in this space for about six months and it’s going very, very well.

Delia:

And how was your experience just getting started like the first month?

Laura Spaulding:

Well, initially, I decided to hire a management to take care of all the cleaning and the scheduling and all that, but I wasn’t really happy with the lack of transparency, like I wasn’t getting good financial statements, I wasn’t getting told that either things were missing at the property or things were not going right or there was going to be claims and I just wasn’t happy with it, so I decided to take it back myself and start learning how to do it myself. So I got, you know, all the software that you needed to run it and I still feel like I’m learning something every single day. So I’m definitely, you know, not a perfect expert at it by any means, but I’m learning from the experience.

Delia:

And if you don’t mind sharing this, which were your main problems, like main problems that you had with that one property management that you decided to hire for the first time?

Laura Spaulding:

Well, it was a couple things. So I mentioned is the lack of transparency. So she initially wasn’t, I don’t know what she was using software wise, but I wasn’t getting detailed reports showing that people stayed in the property. I charge extra for pets, I knew through cameras that pets were staying in there, but yet that fee wasn’t coming back to me. Things were either getting stolen or broken. They weren’t being relayed to me that that was happening. So you know, I felt like I didn’t have any control over what was going on and the numbers just were not good because I knew that I should be making more than what was being given to me and then once I took it back, I realized my numbers just tripled.

Delia:

And what were the steps that you took when you started managing it yourself to manage it the right way and get the amount you were projecting?

Laura Spaulding:

So what I did, my first step was to find a software so I get automate as much as possible. So I did, you know, quite a bit of research on it and I ended up going with Guesty for my management software, and then I use PriceLabs for pricing. So that really takes care of all the pricing and communication. Guesty is definitely not perfect, it’s got issues as well, their customer support, I would say is, is very poor. You can’t talk to anybody, if you have an issue, you have to put in a ticket and it could be two to three, maybe even four days before you get a response. So that I’m not happy with it is expensive as well, but it does have a lot of bells and whistles.

Delia:

And when you started managing yourself did you also notice that there was a change in the quality of the guests you are getting versus the ones you were getting back with the property manager?

Laura Spaulding:

Not really, because I didn’t know anything about the guests that I was getting with the property manager, like there was just no transparency at all. So there was, you know, issues that were going on, that I wasn’t even aware of. But you know, I found a cleaning company and I had to kind of outsource, you know, all that and manage it. So I’m still in the process of really automating everything, so I can be extremely hands off, but right now, I’ve got a VA that does all the communication with the guests, cleaning company gets all of their schedules via the guests the automation, and then I really just handle anything that has to do with like issues, stuff that’s broken, stolen, ruined anything like that.

Delia:

Okay, I get it. And when you heard that property manager, do you think like you made a mistake when you like filtered her or them? If you ever try to hire again another property management company, do you think you’re going to do a little bit of more through research before?

Laura Spaulding:

Well, I would never hire a property manager for long-term rentals. Regardless of it, I don’t think they take care of your property like you do, they don’t inspect them, they don’t treat it as if it were their own. So I’ve never used a property manager for long-term rentals. The reason that I decided to go with one for short-term is because there’s a lot more moving parts, there’s cleaning, there’s communication with guests, and I have other businesses, so I didn’t really want to deal with it. But then once I was looking at the numbers, I knew something was not right, you know, we weren’t making what we should have been making and the reporting just wasn’t good. So you know, I don’t know if it was just a case of bad reporting lack of data or if it was actually like a theft. So I’ll probably never use a manager again.

Delia:

Yeah, I completely get it, I completely get it. But your bad experience with this property manager is actually, I don’t regularly hear about other people having these troubles when they hire a property manager, did you get to hear like, after your experience, did you ask and find out that other people were getting like the same problem as you?

Laura Spaulding:

In terms of long-term rentals, property managers, they know when it has a very good reputation, it’s kind of well known that property managers just don’t look out for your place. Now, in terms of short-term, they’re very, very expensive and they run the gamut. So you know, it’s just I find it very easy to run it myself when you have the right software’s in place, and to me, it’s not worth 20-25% of my revenue, when it’s something that I can just pay, you know, a couple $100 a month for software to automate it for me.

Delia:

That’s right, I get it. And can you tell me if you don’t mind sharing this, how much were you getting with that property manager? They were like managing your property? And how much are you actually making now that you are managing yourself?

Laura Spaulding:

Yeah. So I’ll give you an example, the property that I have, that’s next to an amusement park here in Tampa, I was getting about $1,700 a month from the property manager and now I’m getting $3,700 a month renting it myself.

Delia:

That’s a really, really big difference, right? A little bit suspicious, right?

Laura Spaulding:

Yes.

Delia:

I see now. So it was a very bad experience that you had with this one property manager. I see. Can you tell me a little bit about your market? You told me that one of your rentals is near an amusement park and what about the other ones? Do you have like three more if I’m not wrong, right?

Laura Spaulding:

I have six total. So I’m in the Tampa Florida market. So our market is very touristy vacation location, except for the summer. The summer is kind of our downtime because it’s extremely hot. So I have one near Busch Gardens and I have four near Ybor City which is a historic area that’s full of like nightclubs and restaurants and kind of like a Bourbon Street type place. And then I have one that’s by a Air Force Base that I rent out quite a bit on a short-term rental as well.

Delia:

And for all of those listings, are you getting really like different numbers when it comes to occupancy rate, revenue, demographic of guests?

Laura Spaulding:

Yes, absolutely. So that was really eye opening to me. The four of them that I have in the Ybor City Market, they’re very small, they’re just one bedrooms, and those are rented nonstop, there’s like a 97% occupancy rate on there. And then the larger homes that I have, have the lower occupancy rates. So I thought it would be the other way around, but the one bedrooms do very, very well.

Delia:

And why do you think it’s the reason that the larger ones get lower occupancy rate?

Laura Spaulding:

Well, I think the larger ones are being rented mostly by large families or people that are vacationing together and it’s cheaper for them to rent a house together than it is to get like five hotel rooms. Whereas a lot of people either travel for business or maybe just couples, they’re only wanting a one bedroom and they don’t want to spend a ton of money on a giant house if they don’t need that space.

Delia:

Yeah, I understand. What is the difference of revenue that you perceive in these different locations?

Laura Spaulding:

Well, it’s based on the occupancy really. So the one bedroom apartments that I have, I’ve got four of them and those are the ones that rent very, very well. So as a long-term rental, they were only getting like $850 a month, when I bought the building and now I get about $3,500 a month each apartment. So it’s a big, big, big difference.

Delia:

Yeah, for sure a big difference! And about the larger ones, if they’re not getting like the same amount of the smaller ones, are you thinking, sorry, about getting them to be long-term rentals again?

Laura Spaulding:

I’m considering it, but I’m not sure yet because I really would like to cater it more towards corporate housing, which is longer, but not exactly a long-term rental. So I’m really kind of testing it right now. And this is probably the worst time for me to make a decision because the summertime is our slow time.

Delia:

Oh, so you’re waiting for the high season to start, so you can try out.

Laura Spaulding:

Exactly.

Delia:

I get it. And we the smaller ones, so do you think in the areas you’re hosting, those are the ones that work best?

Laura Spaulding:

Yes, absolutely because it’s such a hot market, and it’s gentrifying. The city is putting a lot of money into that area. So I bought the building in January of 2021. I’ve already noticed a huge shift in the money that the city is putting into that area, and the rents have just skyrocketed. I’m also renovating the building too because it was set up as long-term rentals for every unit and it just wasn’t taken care of very well at all.

how much can you make on airbnb

Delia:

Okay, I see now. And can you tell me a little bit about your area like, what’s the high season? What’s the low season?

Laura Spaulding:

Yeah, so Tampa’s high season is basically the fall all the way to like, I would say September, October, all the way to April. And then people kind of stay away for the summers just because it’s so so hot. So right after spring break is really when it starts to slow down.

Delia:

What’s the average occupancy rate? I know you’ve only been live for six months, I guess, right?

Laura Spaulding:

Yeah.

Delia:

But do you have any idea of what’s the average occupancy rate in those seasons?

Laura Spaulding:

You know, I can’t remember what it was when I pulled the reporting off of PriceLabs, but my one bedrooms are around 94% until it hit our slow period, now it’s a lot slower. But I don’t have enough data yet on the bigger houses.

Delia:

I get it then. One thing that I’ll like to ask you about is, you recently bought the house, right? So are you able to cover for example your mortgage cost with the revenue you’re getting from Airbnb?

Laura Spaulding:

So I am with the exception of the one house, the largest one. So that one is the most recent short-term rental, I think I put that on the market in February of this year. So it hasn’t been that long and it’s okay it’s not covering the mortgage yet, but we’ve got to get through the summer periods for me to be able to make a real evaluation and decision on what I want to do with the house.

Delia:

I see, so the smaller ones are covering the mortgage?

Laura Spaulding:

Yeah, absolutely.

Delia:

That’s amazing. And for the areas you’re hosting in are there very like competitive markets when it comes to short-term rentals, Airbnb?

Laura Spaulding:

Yeah, I think it is because anytime you have a vacation tourist spot, like, you know, Tampa, you’re gonna have a lot of Airbnb, so I think there’s, you know, there’s no regulations here that we have to worry about in the city, but I don’t feel like it’s oversaturated.

Delia:

But despite the competition that’s there, are you still able to perceive like a good amount of revenue? Do you think you’re doing good despite of the big amount of short-term rentals in the area?

Laura Spaulding:

I do on the apartments and on the smaller house. The larger one not so much.

Delia:

Okay, I get, that’s great. And would you still like recommend people to invest in that area?

Laura Spaulding:

Yeah, definitely. I would say, you know, there’s a lot of popular areas, you know, like Gatlinburg and the Smoky Mountains and stuff like that, everybody’s kind of going there. I happen to live in Tampa, so that’s why I invest here. You know, if you’re in an area where it’s not touristy, like the middle America, you know, you can pick beaches or mountains or anything like that to invest in and I think it’s always going to be a good bet.

Delia:

Yeah, I see. And can you tell me about what’s your, like your hosting style?

Laura Spaulding:

Everything is automated for us, so we don’t like actually meet the person there or anything like that. We are very kind of hands off, we’ll be there if you need us, but you know, I don’t want to interrupt them. We do all of our communication through Guesty. We do our inspections before and after cleanings. You know, everything has door codes and there’s cameras outside and all that stuff to kind of monitor our assets, so to speak. So I would say it’s very kind of live and let live, very hands off.

Delia:

And do you see that’s working with your guests? Do they like the way it gets managed? Do they like the communication they get with you and all this stuff?

Laura Spaulding:

Yeah, we haven’t had any complaints on it. I think when people are on vacation, the last thing that they want is some host, like looking down on them and you know, monitoring their every move and all that and you know, frankly, I don’t have time for that and I’m not interested in it.

Delia:

I get it totally. And you told me that everything is automated, so am I right assuming that your pricing is also automated?

Laura Spaulding:

It is.

Delia:

And how do you manage that? Do you get it like completely automated? Or do you like planning strategies for the slower months? How does it work for you?

Laura Spaulding:

Well, we use PriceLabs for our pricing and automation. And so far, I’m happy with it because the algorithm allows for the slow periods and then it knows when the high periods are, it knows when there’s big events here or anything like that. So it’s much easier for us to do it that way.

Delia:

I see. Yeah, it’s actually easier when you automate it that way. That’s great. And what about the challenges that you had so far as an Airbnb host? I know you had a very, like big challenge with your property management service, but are there any other particular challenges with I don’t know, maybe the guests, maybe the automatization, maybe the Airbnb platform?

Laura Spaulding:

You know, the biggest issue that we’ve had has been with booking.com and it’s been such a terrible experience that we’ve actually removed our listings from them. So they have no customer support, they don’t check credit cards and authorizations before someone checks in. So we have people that haven’t even paid and they couldn’t care less. So they don’t help you get paid, they don’t monitor that type of thing. Then the ones that do put in a credit card, sometimes it’s fake, but they don’t alert you to it until the person has already checked in. So it’s just a really bad platform and it was something that I learned through the experience and then once I looked into other people’s experiences, everybody seems to be having the same problems with them. So we removed all of our properties from there.

Delia:

So booking.com is no for Airbnb, short term-rentals.

Laura Spaulding:

No way. Don’t use it. No way.

Delia:

Okay, I see now. And what about the other platforms? Do you use for example VRBO or the booking site, the website?

Laura Spaulding:

We just use VRBO and Airbnb.

Delia:

And how has been your experience with VRBO?

Laura Spaulding:

Very little. They don’t have a high volume of guests that are looking on their platform.

Delia:

I see, that’s right. And how what’s been your experience with the Airbnb platform so far?

Laura Spaulding:

They’re okay. I heard many horror stories about if you have damages or anything, they’re almost impossible to collect. So that was one of the reasons why we went with Guesty because we can make the guests pay for their own insurance and we can file a claim through Guesty and we never have to go through Airbnb. So that was one of the reasons that we went with them instead because we just don’t want to deal with Airbnb.

Delia:

I see now and Guesty, can you explain a little bit more about how Guesty works in case someone is like listening and would be interested in doing the same as you?

Yeah, so like you pick your coverage. So for like my one bedroom apartments, I pick like $2,500 or $5,000 in coverage, and that is $45 for each guest, so I make the guests pay it instead of a security deposit. So they’re paying that $45 if I have a claim, I go through Guesty and Guesty takes care of it with no deductible. So that way, I never have to bother Airbnb and I don’t have to deal with their bad service.

Delia:

Oh, so most of your bookings come through that one platform, Guesty?

Laura Spaulding:

Well, the bookings go through Airbnb and then through Guesty, but Guesty ensures it.

Delia:

Oh, I see now how it works. Okay, thank you for explaining that to us. And lastly, are there any tips that you’d like to give for other Airbnb hosts?

Laura Spaulding:

Yeah, there’s a lot like I’ve learned always have like an owner’s closet or an owner’s locker that’s actually locked, that you can store your extra supplies in. You know, try to buy in bulk and restock, you know, as you need it for, you know, toilet paper, paper towels. I like to have three sets of sheets for every single bed, two towels per person for each day just in case and then I’ll keep extra in the owners locker. You just basically have to plan for anything that could possibly happen because it will happen and you don’t want to be, you know, rushing at midnight to try to, you know, find the key to get these people in. So I use lists for everything, you know, and then the Guesty monitors that, the automation sends them the combination, so it’s virtually hands off.

Delia:

Okay, yeah, that’s great to hear. Thank you for the tips, they are really useful. So that will be it for today. Thank you a lot for your time and for your tips!

Laura Spaulding:

Thank you for having me. Appreciate it.

Do you want to maximize your profit?

As a professional in the short-term rental industry, you’d definitely know that there are intense competitors who are probably obsessed with maximizing profit & exert efforts to promote Airbnb listings. What are their unique tools, you ask? We say:

A super-accurate & reliable data analytics tool.

Relatively, you can also profit thousands of dollars without owning a single property through Airbnb rental arbitrage in Florida

Designed to showcase accurate short-term rental analytics data, not only does our app help you optimize your listing, but it can also provide VERY useful data for simulating cash returns using the Airbnb Calculator. try looking at real-time data from Airbtics & stand out among your competitors!

Airbtics
Categories
Podcast

Interview with an Airbnb Host from Anchorage, Alaska – S2 EP57

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Today’s guest is Allie Shepherd, an Airbnb host who owns and manages one listing in Anchorage, Alaska. She started a year ago trying Airbnb for the first time after doing long-term rentals for a few years, she definitely took off really quick, not only because of the popularity of her market on Airbnb, but also because of her great listing, which is remote worker friendly and pet friendly as well! Listen to the full episode today to hear more about Allie’s journey and experience and also get some super interesting insights on the Anchorage market.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 57: $5K-6K monthly revenue with a 2/2 Airbnb listing in Anchorage, Alaska
airbnb revenue in Anchorage

Delia:

Can you tell me how did you get started with Airbnb or short-term rentals?

Allie Shepherd:

We used to live in North Carolina actually, and we had a long-term rental. And we moved to Alaska six years ago, and continued to rent it as a long-term rental. And right before COVID, we actually sold the long-term rental just because being across the country was too much for us to handle. Then we had the money from the long-term rental, just kind of sitting in a bank account, we weren’t quite sure what we wanted to do in terms of investment. We were looking for maybe a long-term rental here. And then we have a friend who was moving to California during the pandemic and she was getting ready to sell her house and because she was moving out of state, she was selling all of her furniture and everything else. It’s in a good location, it was kind of near us. And she’s an architect, she had remodeled it, it’s beautiful and the opportunity was just perfect. So we bought our house that we use as an Airbnb now from a friend, and with another couple, and we bought it furnished and basically ready to go.

Delia:

And how was the market research there to see if it was going to be at the better as a short-term rental than as a long-term rental?
Allie Shepherd:

Well, we probably could have done it as a long-term rental, but since she sold it to us furnished and everything it really made sense to try it as a short-term rental and Anchorage is, definitely Alaska in itself is a tourist destination year round to some extent, but mostly in the summer and we figured we’d try it. She moved in July, so we figured we’ll try July, August, September, you know, the summer months as a short-term rental on Airbnb, see how it went. And depending on how it went, we would go ahead and switch to a long-term rental in the fall if we needed to and as it turned out, that never needed to happen.

Delia:

So the short-term rental works really well there for you?

Allie Shepherd:

Yeah, it’s worked really great for us so far.

Delia:

Can you please tell me what city are you currently located in? Like the Airbnb?

Allie Shepherd:

We’re in Anchorage, Alaska.

Delia:

And can you tell me a little bit more about the market there? How is it like in relation so if you have a high season, if you have a low season, what’s your average occupancy rate, like?

Allie Shepherd:

There’s definitely a high season in the summer say, probably starts around Memorial Day around the end of May and that’s really when it starts to warm up, the snow is gone. It goes through the end of August, a little bit into September. That’s definitely the highest season. When we started, we listed it in the beginning of July and by the end of July, we were booked for I think we had six open days between July August and September like it was completely booked within a matter of weeks, which was surprising to us. We didn’t think it would do that well but we were really pleased that it did.

Delia:

And when you started right, how long ago was that?

Allie Shepherd:

That was the last summer. We started last summer, so this is only work just coming up on a year of having our Airbnb now.

Delia:

And how has been your experience so far in that particular city? For example, when it comes to the type of guests you get, how is the Airbnb service for you working?

Allie Shepherd:

We have the two types of guests, one are the vacationers and then the second one… Alaska has a lot of, it’s huge state, we have a lot of rural villages, and people fly into Anchorage to go on like little miniature vacations or to go to doctor’s appointments, to do some shopping because there’s a lot of the other places. So a lot of the people come from the rural areas into Anchorage to go to doctor’s appointments to have babies, a lot of times they come, we haven’t had anybody coming to wait until they had a baby, but they’ll come to go shopping, they’ll come for a lot of different reasons. In the winter, we actually had someone come from Kodiak, with his wife and child for like two months because he was going to a training for electricians union and so they stayed for two months almost because they needed to come to town for the training. So those are the two types of people we’ve had as guests in our property.

Delia:

I see now, it’s very diverse. And what about when, you told me the high season is around, I think May through August, right?

Allie Shepherd:

Yeah, our high season is May through August.

Delia:

And what about the occupancy rate you get during that season?

Allie Shepherd:

For the most part, it’s been people traveling here from other states, vacation and for different reasons, but vacationers mostly. We do have some people coming in next week, who are going to be there from a village and they’re just coming in for some doctor’s appointment and some shopping. She’s meeting up with her mom who’s coming from out of state and they’re just having a week of or almost a week of just some girl time.

Delia:

Are you fully occupied during those seasons? Like 100% occupancy rate, do you keep the short-term stays going?

Allie Shepherd:

So in the summer, absolutely. We are probably at like 95% occupancy rate. We have an odd day here and there where we’re not booked just because of the way people stays fall. It’s very rare that we have availability and openings during the summer, so far. And then in the winter months, between a few long-term stays that we’ve had, we’ve had very little openings in the winter. We had a couple of weeks in the spring, but so far we’ve been pretty well occupied.

Delia:

On winter as well.

Allie Shepherd:

Yeah and that was something that we were not expecting at all. But we’ve had some long-term stays. We had people coming into town for training. We had some folks stay, their house sold before they were expecting it to and they were building a new home and it wasn’t ready for them to move into yet, so they stayed for a few months in our property.

Delia:

I see now and do you usually like, you told me that you have longer stays during winter, are you planning to switch this year maybe also accept some longer stays on winter as well?

Allie Shepherd:

Yeah, well, we’re absolutely open to longer stays and actually it’s adds a lot of security and it’s easier, so there’s not the constant change over. My friend and I who we owned that both of us are teachers and my husband’s an engineer and her husband is really busy also, so when we have to do the changeovers, if there’s changeovers during the week, during the school year, it gets a little tricky because we both are busy during the day. So we’ve had a few times where we’re like scrambling really quickly to get things changed over because we do most of the changeovers, but we have a crew in case we’re working and we can’t get it done in the window.

Delia:

And it’s not a big place, right? That’s why you can do by yourself sometimes.

Allie Shepherd:

No, it’s pretty small. We’re able to do it ourselves. It’s two bedrooms and two and a half baths. We have a full fenced in backyard, which I think is one of the appeals because we accept pets and so people can have a place for their dogs to run. And we did end up, last summer we did the yard ourselves and then this summer we hired a yard crew. We’re like we can’t keep up with everything. So.

Delia:

Yeah, I get it. Now that you mentioned that you accept pets, how has been your experience with that so far?

Allie Shepherd:

So far it’s been great. And we’ve had people come with a variety of different size dogs. We’ve had one dog, two dogs, Somebody came with a bunny, which actually left more hair all over the house than any of the dogs we’ve had and I mean, I still feel like sometimes we find that like fine bunny hair from that visit and that was a few days ago and I’m like “still here”. But mostly it’s been dogs and there’s pet hair, but we’ve had pets stay and we’ve had big dogs, small dogs ad none of it’s been a problem with pet accidents or anything else. We have a dog door, which I think helps with some of that. And the only problem that we really had was the people who had the bunny left so much hair everywhere. That was all and she didn’t tell us she had a bunny until like, she checked out and she was like, “Thanks so much. It was a great stay and my bunny and I loved it!” and we’re like “A bunny?”, but it is what it is.

Delia:

Yeah, I understand. And what about, what do you offer for these guests, who bring their pets, to make their state like more enjoyable?

Allie Shepherd:

We have pet bowls and other than that, I mean, people haven’t asked for anything else. We have some like towels and things that we leave out that are dark colored in case the dogs are muddy or anything else like that, you know, just kind of like the things that you use as a dog owner. Oh, and we have a dog, like a pooper scooper for the backyard, so they can clean up after their pets.

Delia:

Yeah, I understand and what about what type of screenings do you make for these guests who are going to bring in their pets?

Allie Shepherd:

We so far have just taken them at their word that they’re bringing whatever pets they say and that it’s not an issue and it hasn’t been except for our surprise bunny, but again, that really wasn’t too much of an issue other than some fur.

Delia:

And do most of your guests bring their pets? Or it’s just our smaller rate of your guests?

Allie Shepherd:

Maybe not all of them, but I’d say especially the ones who are coming from Alaska, they all seem to have pets with them. So anybody who’s in state has an animal, most of the people who are coming on vacation, do not. But sometimes they’re coming up to meet with friends and thenm the friends have a dog and I think oh.

how much can you make on airbnb

Delia:

I was about to ask you about a pet fee, do you also request a pet fee for people who bring in pets?

Allie Shepherd:

We don’t request a pet fee mostly because the way Airbnb had it set up. When we started, it made it really complicated to request a pet fee because you had to request it after the booking and other things. And I’ve noticed that they’ve changed it, but we haven’t changed our policy.

Delia:

I get it completely. So do you include like, kind of fee with your same fee or not at all?

I do think we are priced maybe a little bit higher than some of the properties that don’t accept pets. But I do sort of check out the hotels in the area and we’re much less expensive than hotels, which I think is another attractive thing about our property is that we will take pets, and we’re less expensive than the hotels in the area.

Delia:

And can you tell me a little bit about the difference between you and the other listings in your market?

Allie Shepherd:

A lot of the listings in our market have a very Alaska cabin vibe to them and ours doesn’t have that look, it’s more of a modern, maybe boho-type look, more hotel-ish than some of the other listings in our area.

Delia:

Can you tell me a little bit about, now that we touch that topic, about your daily rate?

Allie Shepherd:

Our daily rate, we are usually around $250 and we offer discounts for week long stays and then for month long stays. And we have some offseason discounts as well, we lower our price a little over $50 for the winter months and that seems to have worked well.

Delia:

Okay, so about $200 on those slower months. And if you don’t mind sharing this, how much is your revenue per month?

Allie Shepherd:

In the high season, we are usually bringing in maybe around $5K-$6K a month before our expenses

Delia:

In the slowest season?

Allie Shepherd:

In the slower season, it was closer to $3K a month, but it was still covering our expenses, so we were happy with that and then a little extra beyond.

Delia:

And can you tell me if with the revenue you’re making with Airbnb, were you able to cover the price of the property you bought yet, I mean, it has been used for a year but…

Allie Shepherd:

So right now our plan has kind of been to… Well, before the market kind of went crazy this year, we were saving to see if we wanted to get another property, either long-term or short-term, but now we’re just sort of waiting to see what happens with the market.

Delia:

And mostly you’re going to stay with short stays for now?

Allie Shepherd:

You know, we’re not really sure. With the market the way it is right now, we’re also looking at maybe a multi unit long-term property, especially with all of us being as busy as we are. We know we’d have to contract out more of the cleaning if we have more than one unit and we’d have to contract out all the yard work and other things. So it would be a lot more management that we might not have time for if we had multiple short-term properties. But I don’t know we’ve talked about a lot of different things and we’re not quite sure what we’re going to do from here.

Delia:

Yeah, I can barely get a so don’t worry. And can you tell me about the challenges that you had so far as an Airbnb host?

Allie Shepherd:

I think the biggest challenges or the biggest challenge, we had someone staying for two and a half weeks, they had just moved up, and their home wasn’t ready. And they were having a rental property but it didn’t start till the first of the month and they checked into our property. They were like, “We love it. It’s great”, the snow was melting at the time, so they were like, “Oh, hey, there’s a lot of dogs in the yard” because as the snow falls, a lot of it gets buried, so we’re like, “Oh, gosh, we’re so sorry”. So we went out there and we had, we cleaned all that up a couple times as it was melting and then I mean, I feel so sorry for these poor people that they had that issue. And then one day, they call us and they’re like, “There’s no hot water, we don’t know what we’re doing wrong. Maybe like the pilot lights are out or something”. We went over there and the hot water heater was dead, so we had to replace the hot water heater for them. And I mean, it was just, they were super understanding and it was very fortunate that we had a plumber booked for my husband’s office the next day for the building that he owns, where his business is. And we just had him come to the Airbnb and replace the hot water heater the next morning instead. So you know, we were very fortunate that it was less than 24 hours before we were able to completely replace this hot water heater for them and it wasn’t in the middle of the winter and it wasn’t too much to put them out. But that has been the biggest challenge that we had. I kind of felt like with these poor people, it was like one thing after another and it wasn’t that they were complaining, it was just like legitimate things that kept happening and it was just like, “Oh, no”.

Delia:

So if any of this were to happen again, do you think, according to what you told me, you don’t have much time to get to… How do you say this, to get there to help these people, right? That’s the main reason why you don’t know if you’ll like to continue with short-term stays?

Allie Shepherd:

Yeah, just the time that it takes. And part of the reason why we’ve contracted out some of the cleaning and the yard work for the summer, was that there’s so many turnovers and the summers are short in Alaska and the time is valuable and depending on how the turnovers fall it was limiting for us on when we could travel and when we could go camping and go to the cabin and do our fun summer activities. If we were to have more short-term rentals, we definitely would have to contract a crew for, to take on more of that just because we have found it kind of eats into the time that we want to spend in the summer. In the winter, it’s a little bit easier. There’s less things that we want to do ourselves. But in the summer, you know, you don’t want to have to plan your own fun time around having to go clean the Airbnb and change the sheets and vacuum and do cleaning.

Delia:

Yeah, I get it. I get it completely. So would you say Anchorage is a good market for people to invest in Airbnb or maybe for people who already owns our property there and wants to start with Airbnb?

Allie Shepherd:

Last year, I would have said it was a great time. But right now I’ve been noticing like some person I kind of know through the neighborhood was saying that the apartment complex she lives in, their landlord has five units in their complex and is changing them all into short-term rentals. And I think that the market in Anchorage is a little bit saturated right now. And I think you really have to have kind of a unique property or something like either the price has to be very low which comes with its own set of problems if your price is too low, the type of people who are going to book a very discounted property may not take care of it the way that you want them to. Or you have to have like a unique something about your property that makes it different from others. I think that the market right now, tourism is picking up and that’s great, but I don’t know that investing in another, that’s been our hesitation too, like investing, it would have to be like just the right property for another short-term rental because I don’t know that just any old property would be beneficial right now, would be a good investment.

Delia:

Okay, so it can work, but it has to be a pretty unique like property.

Allie Shepherd:

I think it has to be well planned out and well thought out. So when this woman in my neighborhood said that her landlords changing all five units into short-term rentals, I just, I don’t know maybe they’ve got some math that works a different way and maybe their finances on that are different but I was just like, I can’t see that working for like the small two-bedroom apartments that they have with no yard and there’s five units all together right there, changing them all into short-term rentals, just kind of it doesn’t make sense to me. So I don’t know exactly what you would need to be as successful short-term rental with a saturated as the market it is, but would it have to be something that just hit the sweet spot and was just right.

Delia:

Okay, okay. Yeah, I get it. So lastly, are there any tips that you’d like to give out for other Airbnb hosts?

Allie Shepherd:

You know, we have gotten a lot of compliments on how like immaculately clean we keep our property and I think that that means a lot to people. My dad also had a property that he listed on Airbnb in North Carolina on the coast and that was something that he said to us, he was like, you know, that was one of the biggest things is people constantly comment on how clean our spaces and he’s like so if there’s nothing else, make sure that your property is super super clean. And we’ve had people compliment us on how clean it is and also how well equipped it is. I know, I’ve stayed at Airbnbs and you’re like, looking everywhere for a can opener or there’s, it sleeps 10 people and there’s five forks, you know, things like that. We make sure we have tons of plates and cutting boards and a blender and a mixer and all those different things that make people stay, especially if they’re there for more than a few days comfortable.

Delia:

Those are great tips. Yeah, I agree with them. And yeah, that’d be it for today. Thanks a lot for your time and for being my guest today.

Allie Shepherd:

Thank you so much!

Do you want to maximize your profit?

As a professional in the short-term rental industry, you’d definitely know that there are intense competitors who are probably obsessed with maximizing profit & exert efforts to promote Airbnb listings. What are their unique tools, you ask? We say:

A super-accurate & reliable data analytics tool.

If you can’t decide which city in the world you should invest in an Airbnb, take the right path by looking at the Airbnb occupancy rates by city

Designed to showcase accurate short-term rental analytics data, not only does our app help you optimize your listing, but it can also provide VERY useful data for simulating cash returns using the Airbnb Calculator. try looking at real-time data from Airbtics & stand out among your competitors!

Airbtics
Categories
Podcast

Interview with an Airbnb Host from Lake Norman, North Carolina – S2 EP56

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Today’s guest is Jessica Lane Harris, an Airbnb host who owns and managers one listing in Lake Norman, North Carolina. She barely started on Airbnb a year ago renting her primary residence, but since the very first guest, everything went great for her. By allowing dogs, adding a boat for guests to rent and more amazing amenities she reached around $55K to $60K just in her first year with the rental. Come and join us, listen to the full episode today to hear more about Jessica’s journey, and also get a great insight about lakefront listings.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 56: Lakefront pet friendly Airbnb rental with a boat rental rocking $55-60K annual revenue in Lake Norman, NC
airbnb hosting tips lake norman

Delia:

So can you please tell me how you got started on Airbnb and short-term rentals?

Jessica Lane Harris:

So we got started on Airbnb in May of last year 2021. And we only did it seasonally last year, May, June, July, August and then the week of Thanksgiving as we have a waterfront property on the lake.

Delia:

And now are you going for full short-term rentals all year?

Jessica Lane Harris:

We are.

Delia:

Okay, that’s great. And how did you decided to get started on Airbnb? Like, why did you decided to do it?

Jessica Lane Harris:

So like I said, we live on the lake, on a waterfront with a private dock and our neighbors rent their home out. And so when we finally met them and found out how much money they were making a night, it was very intriguing. Also, we like to camp a lot. We are currently living in our travel trailer camper right now, on some land that we bought because we made so much money on Airbnb last year. The price of camping fees was relatively high and we were able to purchase land and lieu staying at a campground. So when we found out how much they were making, realize how much we traveled and how much I was paying and pet sitting fees for somebody to just stay at our house on the lake and pay them to watch our dog and realize that we could take our dog with us and people could pay us to stay at our house. It just made sense, so we gave it a shot. Our very first guests, we did not go through Airbnb, we did not have an Airbnb setup at that point. We had a friend of a friend that wanted to see what it was like and we just said look, we’ll give you a steep discount on what we would typically charge if you could just give us feedback and it was very, very helpful. It was the best way to get started because there was a lot less stress on getting a bad review or the fear of a negative response or forgetting things which we did. We learned a lot we forgot to unlock the screen door to the front door keypad. So we had to let them in our garage on the very first day which was mortifying and had we not had the Wi-Fi access to the garage, I don’t know how they would have gotten, so less than learn very first right out the gate. It was embarrassing but humbling.

Delia:

But it was like a good experience to learn and to not like get these bad experience through Airbnb and also get like a very first other view and everything. So it’s a really good way to start. So when you started definitely on Airbnb, everything was already set up and how was your experience with those first Airbnb guests?

Jessica Lane Harris:

Okay, so our very first Airbnb guests were probably our worst ones we’ve ever had. We made it very clear that it was a dog only pet friendly, but dogs only no cats. My son and I are highly allergic to cats. And we also advertise that we have a ring camera on our front door and on our private dock in the backyard. And upon their entrance we saw one of the guests stand in front of the camera and got a quick peek of them carrying in a cat carrier for one cat and then another person sneak in another cat in their arms. So and then a litter box followed that but again, they were very sneaky on standing in front of the camera, they knew what they were doing. So we immediately caught Airbnb. We were ready to quit, we were ready to just cancel all the other reservations that we were just mortified that somebody would do this because remember this place is our private residence that we were renting out while we were camping. So we call it Airbnb and they were incredibly responsive and that’s really where they won our trust and I won’t ever use another platform because it was handled so quickly. They called right away, I went on to the platforms on Facebook gave my situation and everybody their response was overwhelming. “Get them out of there, get them out of there, call Airbnb have them vacate the premises”. And you know, round and round, they were supposed to stay there for 12 days. So it was a hearty amount of money that we would be losing. And they eventually called us and we had a conversation but not until she talked to Airbnb first. And then Airbnb called us back and said, “They’re willing to, you know, can you please give them 24 more hours? They’re gonna find somewhere to put the cat’s”, did we believe that? I don’t know. They rented our boat from us, which we ran out through another third party for insurance purposes. So it forced us to go to the house the next day to give them the keys to the boat and that was our opportunity to kind of browse through the house, they wanted to prove that the cats had, indeed vacated the premises and that they gave them to a friend that live locally. Did the cat stay there the whole time? We will never know I’m gonna go on good faith that they did. The house was not destroyed. But it was handled so quickly and so professionally and it kept us out of it. Airbnb managed it very, very well, I thought.

Delia:

Oh, but those people did evacuate your house, or did they just stay there and give the cat?

Jessica Lane Harris:

They stay there. They kind of you know, cried us, there was no hotels available. It was on a busy weekend, they had a lot of guests, they had a you know, their brother flying in from Puerto Rico or something. And you know, this was their last big family vacation before the son got deployed. I mean, it was this very long, drawn out things. So really, Airbnb said, it’s up to you, you know, you’ve not been transferred the money, so you will lose all of it. But the one night stay that they were there, or you can proceed and handle it on your own. So because we felt like we toured the house, there was no damages made, they promised that the cats were out. I think the worst part was in hindsight, was that we were so new that we didn’t know to leave a poor review.

Delia:

Oh, I get it. So you didn’t leave that bad review? So they wouldn’t give it to you back, right?

Jessica Lane Harris:

Right, because we didn’t know that they can’t see your review until, you know, they’re both private, right? Until both been published. So our fear was getting a bad review first out the gate. So it was a very short review and they were you know, they said a lot of nice things and that’s kind of all we asked them. We said, you know, we really will let you stay, but we really want you to honor what we are doing for you and reflect that in your review for us.

Delia:

And they did?

Jessica Lane Harris:

They did.

Delia:

Okay, okay, that’s good. So your very first guest was like the kind of a bad experience.

Jessica Lane Harris:

It was a nightmare and then after that, it was so easy. We’ve had such wonderful guests. So I’m glad that, I’m glad that we did and I’m glad that we learned right out the gate how to really revise our rules. I was really grateful that I had taken the time on the house rules to really detail that cats are not allowed and that not have that in there Airbnb would not have had a leg to stand on. And so they said “Look, it says in her house rules, dogs only, no cats allowed”. A lot of people wouldn’t think to do that, right? We collected a pet fee, not a dog fee. So it saved us.

Delia:

So now what type of prevention do you take, so other guests don’t do like the same thing, if this ever were to happen again, what would be the steps that you’d like to follow?

Jessica Lane Harris:

Since we stay locally now, we would probably ask to come over and to verify that there’s only dogs. I also request for an image of the dog, we are dog people, I don’t want puppies I don’t want older dogs, I want dogs that are crate trained because we request them not to have them sleep in the beds or go into the back bedrooms and to be mindful of how often they’re sitting on the couches and such, so just trained animals. So I asked for pictures now of the dogs so that and when they check in, it’s all on the ring, right? And a lot of people I don’t think really read through that there is a ring camera there. So watching that just first 30 seconds of them checking in and seeing the family at the door figuring out the keypad, that’s all we have to do and I’ve never seen any problems since then. Our neighbors are also very attentive so that if we do have more than two or three vehicles in the driveway again we have the ring to verify that or to peek in it on ourselves but we try to give them privacy and I don’t want, I’m not going to spend my whole day watching our guests but if there does look like there’s a party that our neighbors will usually contact us.

Delia:

And so aside of that one first guest, you didn’t have any other troubles with with other guests?

Jessica Lane Harris:

No. The only other problem, we did have a family, a probably a very wealthy family from New York that, I understand like their title thing is probably a little bit different than ours. They wanted a concierge service for their groceries. So we just did, you know, Instacart and had it delivered, but they wanted it put in the refrigerator. They gave us a very detailed order and then they complained, probably two days later, that the refrigerators smell. And so they wanted us to go over and check why the refrigerator smell and clearly it was the broccoli. And we tried our best to put an extra baking soda in there to absorb whatever smell, but we don’t leave groceries in the refrigerator and it had been there a few days before they even arrived per their request. So I think that would probably be the only other awkward thing. The only real damage that we had was a little break in the in the wall from a hanging thing in my son’s room that rips the drywall off, it was probably three or four inches. Again, not enough for us to file any claims with Airbnb, I feel like it’s kind of for the amount of money that we make and for the little damages that we incur, that wasn’t something that we felt was worthwhile to request any kind of refund or leave a bad review, I wish that they would have told us but they’re actually one of our returning guests too and they stay for a long time. And they’ll be coming again this August and you know, we kind of just cross our fingers and hope that there isn’t any damage is done. And now that we have some good reviews and 14, no 5-star ratings, I’m not afraid to say something this time in a review.

Delia:

Okay, that’s great. So it’s great that you have really, really good guests. And now that we know that you accept dogs, how has been your experience with that so far?

Jessica Lane Harris:

It’s a really good. I would say though, the one thing that if again, we’re still kind of new, I wish that we didn’t accept certain breeds just because the dog hair is so long, and it flies in the air, so you find it on light fixtures, you find it on top of the stove, you find it and in areas that, we have very short haired dogs, that we weren’t prepared for that. So the extra cleaning, it’s a lot, but we’ve never had any pet smells, any kind of damages, any messes. People are usually pretty good about picking up after themselves. We leave a whole trash can with bags and a little scooper for them. And it’s in our house manual that is requested as part of their checkout procedures to clean up after their dogs. It is nice that Airbnb allows the guests to pay for the pets through the booking process now, but I have found that it’s 50/50. Most people don’t know how to do that, so I have to walk them through how to go back on to collect that extra fee and I feel like it’s kind of a pain and confusing for the guests. So if they don’t get it, then we collected on our end on Venmo. And I wish everything was streamlined. So I think I liked the concept, but guests are not prepared to do that right now.

Delia:

Yeah, I get it and how do they interact with that? Do they usually accept the fact that they have to pay an extra fee for the dogs and proceed okay with that?

Jessica Lane Harris:

Yeah, they do, there’s never a problem. Oftentimes, we’ve had people add a dog very late in the game, maybe like a couple of days before they’re going to stay, so I can’t imagine why you would do that. Again, we have dogs, so I would imagine that you have boarding setup for the animal or you would have requested the dog to stay upon booking because that is one of our perks is that we, you know, a lot of lakefront homes do not allow pets and we have a fully fenced in yard too. So that’s another benefit that people are looking for that you don’t find often out here.

Delia:

Okay, so it’s pretty unique. And what about, do you offer any particular amenities for the dogs?

Jessica Lane Harris:

We do. We do. So I always leave a little gift for the dog as well, a little of you know, dog treats. I also remember the dog’s names, right? Like I ask what’s the dog’s name is so that I put a little note for the dog on the bag. I know it sounds stupid, but if your pet people, especially if these people don’t have children, that is their kid and it is nice that people can remember the pet’s name it’s in the messaging, it’s not that hard to look through and so I put a sticky note on the doggie bag. We do have two crates two custom made for large dog crates that again are for our own dogs and we also leave them fresh water and the food bowl when they arrive as well. We also leave the extra water bowls on the porches and that kind of stuff.

Delia:

Okay, yeah, that’s amazing! And would you recommend for other people, you know, with the kind of listing that you have like lakefront, would you encourage them to accept pets or do you think it’s a work that not everyone is up to do with short-term rentals?

Jessica Lane Harris:

I would recommend it only if you are charging a certain amount per night. I have a girl friend that owns two Airbnbs and manages three others and a lot of hers are charging, you know, they’re the $150 and under a night so she gets a lot of one night stays and just a hodgepodge of people and they are pet friendly but they’re not as exclusive and I feel like when you get guests that are spending, our average night rate is $526, when you’re getting guests that are spending that kind of money and a $200 pet fee, we also require a four night minimum, I think you just get a different type of clientele and they don’t want bad reviews. And again, we really stress that this is our home, that we are so excited and blessed to open up to them, but please treat it as though it was their own. And you don’t get a lot of that when you stay at other Airbnbs. We’ve stayed in all kinds of yurts and domes and different types of glamping styles and real eclectic visits. And if there’s no house manual half the time and there’s definitely not a drive to keep the place clean and to treat it with respect and we really drive that home.

Delia:

So would you say that the main thing that drives good guests to your listing is, you know, pricing, location and all of the amenities you offer?

Jessica Lane Harris:

Yes. And we offer I mean, we open up our whole house except for our garage. So and we leave dishwashing tabs, extra paper towels, toilet paper. We even leave because it is our primary residence, we leave all of our spices, our cooking oils, you know, Ziploc bags, foil, you name it, we have it. We even have, you know, a whole hospitality kit in the linen closet, a extra toothbrushes or toothpaste or aspirin or band aids. We make it there’s nothing that you could miss coming to the house. It’s all right there.

Delia:

Yeah, and also aside of that I took a look to your listing and you also for many interesting things like a game shed, and a firepit and also boat rentals, right? Can you tell us a little bit more about like the real important amenities you offer?

Jessica Lane Harris:

Yeah, because we offer the game shed, I think it really encourages more families and a lot of the families with little kids love it. It was just utility shed that had a little window unit that we put in, put a big flat screen in there and since our kids are camping there, they’re not needing their games. So we leave like our Nintendo Wii and a PlayStation and they also have a little mini fridge in there with all sorts of board games. My kids are 14 and 11, so I have years of books saved up, we leave all but the kids books so they can read, there’s hammocks outside the game shed for them to hang out on. The boat rental, we learned through some of the neighbors and we didn’t really know how to do the boat rental because we didn’t want to do it through Airbnb, but we also didn’t want to use our own insurance as that’s a huge liability. So our insurance company, I think it’s Boat US, required us to use a third party vendor, so we use boat setter and it’s also been a great company to work with. So we send the guests the link, and it’s got the whole manual on how to register and how to apply for the boat and we charge $350 a day, we probably make $290 out of that every day. So they take a good chunk, but they have their own third party insurance policy for the dates and times that they rent the boat out. We do an inspection a walkthrough when we drop the boat off, count the mileage, the gas, we do, you know, show them where the life jackets are and then we also inspect it at the end. So we did have, one of our first guests again that rented the boat, shipped to the motor, they had gone over a shoal and part of the propeller chipped. They were very upfront about it and very apologetic, said that they would pay whatever, which of course they would have to, so we reported it to boat center and within 24 hours, we got a refund of probably $300. We took it to a boat maintenance plays down the lake and it was handled very quickly. So that was also a good experience. Only problem we’ve ever had on the boat, again, knock on wood, I feel like I shouldn’t be saying these things because we still have a busy season ahead, but the game shed is a real attractive thing and the parents love it because it is within the fenced in backyard, the kids can kind of get out of their hair. We have a walkie talkie that we keep inside and a walkie talkie in the game shed so that the parents can communicate to the kids. We did that for our own children and parents really liked that too.

how much can you make on airbnb

Delia:

And everything is really, like really thoughtful when it comes to the guests, what are they going to need, everything that they need is there. So I bet you had really great reviews then.

Jessica Lane Harris:

Yes, it’s been great. And I think one of the things that’s different for us that sets us apart is that most of the guests do rent the boat and because of that we have to do the walkthrough before and after. So it’s an awesome opportunity to walk through the backyard, get to meet the family, show them how the boat works. They’re always really curious, so “Where are you livind? And how does this work? And where’s your stuff?”. So they get to find out a little bit about your journey and why you’re doing this and it gives us an opportunity to explain to them how grateful we are that people trust our home and trust us to provide them with a memorable vacation. So that personal experience that we get, I believe really drives our review home even stronger than most, and people leave lengthier comments and reviews because there is that personal relationship that we’re able to make with our guests that most people never would.

Delia:

Yeah, that’s right. I was about to ask you about the rate of guests that you have to also rent the boat, so you just answer that. And yeah, I think it’s good that you have this experience, to get to experience it with the guests, to get to be closer to them. And when they don’t rent the boat, there is no like opportunity you get to, for example, meet them or anything?

Jessica Lane Harris:

Right. Right. And that’s been kind of weird. I feel like with the economy right now, we have had less people rent the boat this season, which has made it feel a little cold. Again, they leave really nice review, but we really enjoy getting to meet our guests and hearing the positive things that they have to say or responding to any questions or issues they have. A lot of them want to know where to go eat on the lake, and where’s the best spots to dock the boat at and you can share some of your experiences, which gets you excited and gets them excited to get out there and we’ve not had the opportunity as much this this time around, which has been a little bit unusual. So there has been a loss in income with people not renting the boats, or they’re bringing their own boats, which is a little unusual to whether they have a friend that has a boat, they’ll find a boat launch and keep it at our dock. We’ve never had any of that last year. So we’re, again we’re still learning and we’re making relationships with some of our neighbors to be able to park our boat at their dock when we have guests because there’s nowhere to park either their jet skis or their boats when they stay and don’t use ours.

Delia:

I totally get it. And now I would like to switch the thing to your market. So can you tell me a little bit about it? Is it like popular when it comes to Airbnb, short-term rentals?

Jessica Lane Harris:

So we are on Lake Norman in North Carolina , we’re right off of the main channel, which is pretty imperative. We’ve looked at purchasing other Lake houses as investment properties, but a lot of them that we can afford are off of the main channel and not easy to access. So you can’t get to restaurants, you can’t find the good islands and and really enjoy the wide open Lake scene that we’re able to give our guests. So I feel like being off the main channel, the location is pretty ideal. We’re also on the more quiet side of the lake, the houses are more modest. So our house doesn’t have the “wow factor” when you pull up, most of the people just comment on the design inside. So when they open the door, you hear that “Oh my gosh”, but not necessarily when they pull up. It’s just a modest community, which makes us feel a little bit more comfortable to rent out an older style home that doesn’t have that “wow factor” on the outside, it’s just a more quiet humble or older part of the lake. I feel like it’s safer as well. So we’re at the end of a cove, I think attracts a lot of families as well as safer that you don’t have as much through traffic. I also think that we price it pretty well, we do use the smart tip most of the time. But like I said our neighbors, their house sleeps 12 to 14. So they’re able to charge a lot more, but they also have a lot more problems. They really attract a lot of bachelor parties and things like that while we attract more families and being in the cove and offering just a modest pontoon boat seems to be what attracts families. Again, the pet friendly thing too, that’s your family, it’s like that’s kind of a key to bringing a family together, versus just having a party of, you know, six women or six guys going together to party it up. So I think our market is unique. We’re also about 40 minutes from the Charlotte airport. So we do have a lot of people that will fly in and it’s not an exorbitant amount for them to get an Uber from the airport or to rent a car, it’s very accessible. And we’re very close to grocery, again, kind of small town restaurants, not a lot of, you know, chains or franchises in our area and I think people really like that we have horses and donkeys across the street that we really try to market that to show them how it is a very peaceful, quiet country part of the lake. Whereas a lot of the other part of Lake is a little pretentious, newer money, bigger homes and a lot more restrictions. So I feel like because of that we’re not in an HOA and there’s comparable houses very close to us. I feel like we price it really well and we offer a lot more.

Delia:

So according to all of what you told me, there must be competition, but there’s no much competition that can compare to your listing, right?

Jessica Lane Harris:

I think that there’s relative competition, I think especially because we don’t sleep more than six. I think that that really limits us. I will say that we have gotten probably out of the 14 guests that we’ve had so far, I would say at least four of them said that what drew them to our property was the boat rental and the heat of the season, you cannot find a boat to rent, they’re all booked out. And so the simple act of having a boat to rent drew them to our house, which we found really interesting that was not something we used as a marketing tool, it was just a way to make more money for us, and to set us apart and to use the boat while we couldn’t, so that is unique. And again, another thing is the pet friendly. There’s very few from what I’ve researched on the lake, very few pet friendly waterfront homes.

Delia:

I get it now then! And can you tell me a little bit more about demographic of guests you usually get? You told me a little bit about families, is that the only kind you go so far? Or are there any other type of guests you’re getting on your rental?

Jessica Lane Harris:

That’s a tough one, I really do feel like it is mostly family. Sometimes it’s a young couple that brings friends in. I had, again, we had a family that own a private plane and we have a private airstrip, about 15 minutes north of us that they were able to fly into, leave their plane at the little airstrip and get an Uber to the house and they had some of their other wealthy friends also fly in and meet them, no kids. I noticed that she was a very high rated host too, so we were really nervous about that one. So the clientele and the demographics is, I would say it’s a hit or miss, but mostly it is families. Rarely do we get a couple without a child. And if we get a couple without children, they always have an animal with them. We’ve never had an individual stay, it’s always usually been two or more. Sometimes we’ve had a group of guys come in that are doing work locally that need a place to stay and want to mix business with pleasure, right? So they’re able to enjoy while they’re in this area. That happened one or two times, but typically it is, I would say a nuclear family of usually five to six people.

Delia:

And from what I was able to see from your rental, I think families are the typical demographic that will look at it and say that it’s like a good location for, you know, with the game shed, and I think you have bunk beds for kids? Yeah, all of that, so it’s really nice. And I think that’s the reason why you get most families out of everything. So yeah, that must be it. And another question that I would like to ask you, if you don’t mind sharing is about your revenue, how much revenue are you actually perceiving? You’re already like one year into the business, right?

Jessica Lane Harris:

Yeah, we made about $38K last year, and we are set to make probably a little bit more than that. Now, that’s without the boat rentals. So I believe that last year with the boat rental, and pet fees, we probably made closer to $60K, probably 55 to 60 with the boat rental, and pet fees because that wasn’t included last time. So and we’re also hiring a cleaning company sometimes where there’s quick turns, we can’t manage that on our own and last year, we collected all the cleaning fees. And we intentionally left a day or two in between rentals so that we have the time as a family, we cleaned it all ourselves, my boys and my husband and I, so that that was pure income and we’re not doing that. So we’re losing a little bit more this year and again, the boats not being rented out. But I would project for us to make about $40K again this season, that’s just between June and August.

Delia:

June and August, is that the high season there?

Jessica Lane Harris:

Yeah, July is fully booked out. June, we probably had three or four vacant days. July I think we have two. And then August, we still have a few weeks out. But as I looked on the statistics, we usually have about a 30-day booking lead before people book. So I’m still anticipating August to fill up.

Delia:

Okay. And about your market, do you know if there’s any particular like low season you’re getting prepared for?

Jessica Lane Harris:

Yes, I feel like by the time October hits, you’re done. But one thing we did learn is that Thanksgiving week is big and so it was Christmas, which I wouldn’t have thought about staying on the lake, but people are looking for destinations to bring all their families together. We do have a lot of people that don’t travel together, we have people that will fly in and the people that will drive in to meet one another. Also, we’ve had twice now where other people will rent other homes on the lake and have a family reunion and so that has been something that’s been interesting too, and they’ll usually meet at the larger house to celebrate Thanksgiving or celebrate a birthday party or anniversary or whatnot. So I think that’s been, we’re prepared. But again, the money that we make in just a short amount of time, makes it worth it. Now we also did not rent it out past August because we wanted to, we were homeschooling our kids at the time and needed the home to live in. This year, we will be renting it out and then just reducing the price. So I’m curious to see if it will continue to stay rent it out. And then we have to make the decision at what point is it worth it to rent out the house and what kind of market are we looking for because if we price it too low, we’re worried that we will get people who won’t treat it as kindly as the previous guests have.

Delia:

Yeah, yeah, I understand completely. And by any chance, is there any particular pricing strategy, or maybe planning to switching to a little bit more longer term stays during the slower season?

Jessica Lane Harris:

Yeah, that’s a great point. So last year, we did a 4-night min, and a 7-night max and we did that because I have probably 60 to 70 houseplants that I was nervous would die if we didn’t have the time to go home and water them and my girlfriend that does all the Airbnb houses thinks that’s just silly. So I probably will open it up more, move out some of the plants or ask them to water them and just know that we might have some plant casualties. It just it really helps with the feel of the house, makes it feel very warm and comfy and it’s something I’ve always enjoyed having to keep the air fresh in the house and make it feel nice and vibrant. So during our summer seasons, we will have to be more flexible on at least on the maximum nights of stay. We do notice that our neighbor has a lot of like solo people that will come in. We have Duke Energy that is right down the road and they do a lot of big projects around here at the nuclear plant and a lot of times they will bring you know engineers in or just guys that come in just for a job for a month. And they have a guy that’s spending over $500 a night to sleep in a house that sleeps 12, but his companies paying for it, so why not stay on the lake? So I’m anticipating some of that in our slower seasons, we just have to be more flexible with the length of time that will allow people to stay.

Delia:

I understand, yeah. So that’s something you have to see this year and see if it works for you, right?

Jessica Lane Harris:

Right.

Delia:

So can you tell me a little bit about the challenges that you have encountered so far as an Airbnb host? Could be with your rental, with Airbnb platform, with guests, any particular types that you found challenging within this experience so far.

Jessica Lane Harris:

I would say the most challenging would be the lack of communication or responsiveness that always is a little stressful and frustrating. I don’t know why, if they’re on vacation, I don’t expect responses back every day. But if we do have to remind them, “Hey, it’s Tuesday, our yard service guy will be there between two and four, please make sure your pets are put away and that you’re prepared. We apologize for the inconvenience. How’s your stay going?” nothing. Same thing on garbage night, right? Like, “Hey, the garbage comes early, just want to check in. We’re happy to put the garbage by the driveway, you know, at the end of the driveway for you if you’re not around. We don’t want this to be an inconvenience your stay but it does help keep the smell on the flies and the, you know, the sanitation of the property”. So we always again, follow that up with “I hope everything is going great. Please let us know if we can do anything else” and usually there’s no response which always has me worried which I don’t take personally but the lack of responsiveness or communication or the delay and leaving a review, I think that always has me a little nervous too because we do try to be really prompt with our reviews. And you know, I assume no news is good news, but for the majority of the time, we do get pretty responsive people that are quick to respond and their reviews and that’s a little stressful and frustrating and it also is awkward having to remind them about the pet fee. I don’t like having to ask people for more money when I would say the average income that we make on a guest is usually around $3K, so to ask them again for another $200 days before their stay gets a little awkward and then I have to go through the fee to see did they actually pay, did I send them the Venmo, did I show them the instructions to try to do it through the platform. That’s probably I would say my biggest struggle that we’ve had so far but that is minimal considering what a lot of other people struggle with. I do notice a little bit more wear and tear on the house on the furniture, we don’t buy anything new, so we don’t take anything personal if things start to wear down but we’re noticing some of the decks, right? That the paint is wearing off the deck much faster than it was when we were living there. Some of the boards on the decks are getting looser and wearing out faster. So we’re just now we have to look at the income we’re making and realize that we’re going to have to start putting some of that back into the house. And last year we really didn’t think much about that.

Delia:

Yeah, but I understand also about your concerns. They’re completely valid as well, despite them not being like “wow, that much”. I completely understand. So do you have any tips that you’d like to share for other Airbnb hosts?

Jessica Lane Harris:

Yes, I would say find a good backup house cleaner, maybe even two because that you might run into a pinch and not be there or your company might not be able to be there. That’s a big one. Either find a good laundry mat or a good commercial washer and dryer, a lot, a lot, a lot of laundry. Have a third set of everything for linens and towels, especially extra washcloth. We provide makeup remover, some people use it, some people don’t. We do requested in the house manual that they try to keep the towels as makeup free as possible because we do use white. I would say not allowing people to use your garage. I think it’s a great place to store stuff and I think that unless it’s empty, it can be an area that could cause problems with missing items or people snooping through stuff that they shouldn’t. I would say the yard service has been one of our favorite expenses that we incur. We spend $250 a month on that, they mow every Tuesday, they’re on time, they’re timely, they blow off all the patios so that is money well spent, that we’re not having to worry about the yard service anymore. I would also say personalized reminders and responses. I know a lot of people just have those automated responses. But I can personally tell as a guest myself using Airbnb, that I know when I’m not being really paid attention to they don’t know my name. It’s a very, very clearly an automated response and if I don’t like it, I’m not going to do that to my guests. So I tried to add a little bit different every time. And I would say the one big thing would be the ring cameras that has saved us a multitude of times, especially being waterfront, I always worry about the liability of somebody getting hurt on the dock or god even drowning or even damage to the boat or the dock. So that we have one on the front door and one on the dock that we’re very public with. We don’t try to hide that and it’s definitely just for liability purposes. I would say that those are the tips that I would give.

Delia:

Amazing tips especially with the one about the ring door camera and about the garage thing. I think those are real important points to start. So that will be it for today. Thank you a lot for your time and for your tips and for all the experience that you’ve shared with us!

Jessica Lane Harris:

Thank you, thank you so much for thinking of me and for this opportunity to share our experiences. It is a big part of our life now and I would not have been able to do what I’ve been doing without the platforms through Facebook and different communities sharing their tips and pictures and ideas. It definitely it takes a village to get to be a great host!

Do you want to maximize your profit?

As a professional in the short-term rental industry, you’d definitely know that there are intense competitors who are probably obsessed with maximizing profit & exert efforts to promote Airbnb listings. What are their unique tools, you ask? We say:

A super-accurate & reliable data analytics tool.

If you can’t decide which city in the world you should invest in an Airbnb, take the right path by looking at the Airbnb occupancy rates by city

Designed to showcase accurate short-term rental analytics data, not only does our app help you optimize your listing, but it can also provide VERY useful data for simulating cash returns using the Airbnb Calculator. try looking at real-time data from Airbtics & stand out among your competitors!

Airbtics
Categories
Podcast

Interview with an Airbnb Host from Salisbury, North Carolina – S2 EP55

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Our guest for today is Laurie Barwick, who owns and manages two listings in Salisbury, North Carolina. She started by running a wedding venue in her family house premises until she noticed there was a high demand for the big house to be rented as well, that’s when she decided to put it on Airbnb. It has been six years now and she’s doing great by renting both her old family house and doing $65K a year and a cottage on the same land, doing around $20k/year. Join us today to hear more about this amazing host’s story and experience.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 55: Airbnb as a side hustle turns into the main business doing $83K with two properties in Salisbury, North Carolina
airbnb revenue hosting in salisbury

Delia:

So can you tell me how did you get started in Airbnb or in short-term rentals?

Laurie Barwick:

Yes, so I kind of came to it, probably a little bit less usual than some. It’s a bit of a long story, but I’ll try to summarize it. We have a property in Salisbury, North Carolina that’s on 130 acres with a historic farmhouse. And it was my parents home and my father passed away, and then my mother got ill. And we were trying as a family to think of ways to keep the property in the family because it was very important to us, but also be able to take care of my mom properly. And so we started trying to figure out what were ways to support the farm and pay the bills. So I came up with the idea, this is about 6-7 years ago, I came up with the idea of a wedding venue. So we started a wedding venue, I knew nothing. I was a speech pathologist and I’ve kind of put that to the side and started researching and learning all about weddings and venues and how they run. And within two years of that we were up and running and paying all the bills, so that was pretty great that it worked so well. But in addition to that all my brides would always say, “Can we please rent the house and stay in it for our wedding with our bridal party or our family?”, so I was like, “Yeah, we could do that”. So I just said to make it easy, I’m going to list it on Airbnb and VRBO to take some of the work out of it on me. So taxes are out and everything’s taken care of. And I listed it and I opened a few extra dates just out of curiosity and all of a sudden we started booking every day that opened and I could not believe it because I was like “Who’s coming to Salisbury, North Carolina and wants this big house?”. My husband, I also have a cottage on the property that we, it’s historic cottage, we had moved on to the property and renovated years ago, 20 years ago. So we started opening that up as well and that doesn’t rent as well because it’s not as big a house, but it rents as well. So we have been very successful and we no longer really doing weddings. We may do one every now and then, but now our bread and butter is the Airbnb, which has been wonderful.

Delia:

Oh I see now, that’s a very interesting story! And by any chance, when you open up the Airbnb, like profile, where you catering to those people who wanted to do both the wedding begging and also stay in your place?

Laurie Barwick:

That’s kind of how it started. But then as I opened more dates other than my wedding dates on the calendar, I would get bookings for other things. People come into town for family reunion, someone wanting a big house so they could have a big family, multigenerational reunion and be all in one place. Then we have a really nice wedding venue down the road, so I had called them and spoken to them and said “We’re doing a lot of Airbnb now and know that if your people can’t stay at your place, please let them know we’re here”, so we host a lot of their people. And they’re are having weddings of that venue, they’ll come and stay at ours. And a lot of times they’ll do like a rehearsal dinner at ours, you know and then have the wedding at the other venue. So that’s worked out really well to just try and make context in town to tell people what we’re doing.

Delia:

Okay, I see about that. And I previously interview people in North Carolina that was like starting an Airbnb, but he also got requests to do big gatherings or weddings even in his like backyard. Do you also get that kind of requests for gatherings and all of that stuff?

Laurie Barwick:

We absolutely do and so what generally happens with that is I’ve just talked to my people because this is a historic house, it’s a family home, so it’s pretty special to us. So we’re kind of careful about all that. But we do charge an event fee and I usually just talk to them about what they have in mind and then we work it out from there. But yeah, we do allow them, we do that, what type of events and how big and that type of thing.

Delia:

I understand now. And can you tell me a little bit about the market you’re currently in, is it like popular with Airbnb, short-term rentals, any kind of rentals, really?

Laurie Barwick:

There are some in our area. It’s not a huge, it’s a small town in North Carolina with about 30,000 people. But it’s very close to Charlotte, which is a big city and Winston Salem, and Greensboro. We’re kind of right in the middle of all that. And our town hosts some pretty neat things. We have a drink culture one that’s very, very popular. It’s a soft drink, and they do a big festival every year for that there. It’s a historic town, so there’s a lot of historic things that happened there. And so we do get draws from that. We also have a couple of colleges in town, so we also have those drawls. But like I said, it can be anything from a girls weekend to a family reunion to Gosh, it’s just been a little bit of everything, it’s been pretty interesting. It’s not been one thing or another. It’s been a multitude of different types of renters. I’ve even had a renter that found us on Airbnb because he likes to try new places, from Pittsburgh of all places, which is very far away and he’s coming again this summer, this will be his second time and he just loved it so much. His family came for a week and they just thought it was the greatest thing. We have an inground pool, so it’s it’s a beautiful property. It’s really spacious and lovely. So they now this will be their second year. I’ve got people that are coming back on their third and fourth visits. So we do have a good bit of repeat business, which is been very nice as well.

Delia:

Oh and why do you think that’s happening to your listing?

Laurie Barwick:

I think because I think we are a little bit less usual than some because you’re coming you’re getting 130 acres to walk around on, you’ve got an in ground pool, you’ve got in the fall beautiful leaves, beautiful land, fireplace in the house, that wood burning, big kitchen, really nice to cook in, lots of space. So I think it’s just appeals to people and it’s just a little bit different. It’s not the beach, it’s not the mountains, it’s like a little farm vacation, but it’s not a working farm, it’s just land, but it’s very pretty. And I think people just enjoy the peace and quiet and being with their people.

Delia:

Okay, that’s really nice! And you told me previously that you get every kind of guest, so if I were to ask you what typical demographic of guests you get, you won’t be able to tell, right?

Laurie Barwick:

Not really, I would say it’s bigger, the house sleeps 10, so it’s usually families or multi generational families or friends, groups of friends that are tend to be a little older, usually, you know, 30 and above, like women who are gotten babies and husbands and want to go away for a weekend, a long weekend and just be together. So it’s a little bit of everything. It really is.

Delia:

I see, so you have hosted every every kind of guest. And have you got any particular like problems or challenges with any guest so far?

Laurie Barwick:

We have had one and I’m very happy to say in six years only one and that was just a very unfortunate event. It was a guy that I had talked to extensively, and I was allowing him to have a moving up party for a group of children and parents during COVID because school wasn’t in and they wanted the kids to have some type of party. We talked extensively. It’s a long story, but they weren’t going to really stay in the house overnight, they just wanted to use it but still pay for overnight and I made some exceptions for him after many, many conversations and it stormed that day, they sent all the children home and the grownups promptly texted every friend they knew and had a giant party in my house, unbeknownst to me until the next day, and they did about $5,000 with damage to the property. Yeah, not to the house per se, I mean some things like stuffed up toilets and that kind of thing, but it’s mostly outdoor, they drove cars on my lawn and you know broke landscape lights and ran over a pipe that drain the well. But Airbnb, I will say we were very prompt and we got our evidence to Airbnb right away. I called them immediately as soon as we knew what happened, took pictures, did everything properly and Airbnb, I think reimbursed us within four days for all but about $150. So we were pretty pleased with that.

Delia:

You deal with that directly through Airbnb?

Laurie Barwick:

I did. Yes. Through their resolution center.

Delia:

Okay, so that help you a lot, right? You didn’t have any kind of inconvenience with the Airbnb team?

Laurie Barwick:

No, not at all. They were actually very helpful. I mean, they are pretty thorough about what they want from you as far as receipts and pictures and proof. But I can’t blame them for that because you can’t just reimburse people for just what they say you have to show them what it was. So I thought they were really reasonable and very helpful to me.

Delia:

How did they feel with the guest? Do you have no idea if they by any chance canceled him?

Laurie Barwick:

I feel that blocked him. I don’t know, but I feel sure they blocked him. I can’t imagine for a second that, you know, they’ve let him stay on the platform at least and I certainly gave him a review that wasn’t five stars.

Delia:

Yeah, I get it. I completely get it. And when that happened to you, how did you feel? Did you feel like you might have to leave Airbnb like, it was really emotionally, did it break you?

Laurie Barwick:

It didn’t break me, it was just really, really disappointing, especially because I’ve had so many conversations with this guest and had been so explicit in what we allowed and didn’t allow. So that was very disheartening. Yeah, it stung for a little while, but it made me a better host because of that a little bit harder, when I have a feeling maybe something maybe lurking in the request, so I tend to bet a little bit harder, you know, I have a caretaker that goes to the property quite often because of the pool. So he’s always on the lookout as well, he doesn’t invade property, he stays away from them. He just goes and treats the bowl and cleans it. But you know, it’s nice to have eyes on the property occasionally, but ever all, I would say it has not changed my perspective because I think bad things happen and luckily, it’s, knock on wood, that’s hopefully going to be our worst story.

Delia:

What do you feel that you learn from this experience?

Laurie Barwick:

Just like I said, to be a little more careful about the questions you ask to groups wanting to come in and use the property and making it very clear to them, they’re not allowed to have a big party and you know, all those things, and that there will be consequences, like fines. So I’m just more explicit now. I think my house rules are more organized and straightforward, so they’re easy to understand. Just things like that.

Delia:

Yeah, I completely get it. So that’s the lesson you learned from that. I think you were doing like really great when it comes to your Airbnb, just like this things can happen like you just said, right?

Laurie Barwick:

Right. We can’t control everything in this industry. So I just chalked it up to experience and I’m a kind of a fast learner. If something happens, I’ve learned from that and I move on. I don’t dwell. So I kind of just keep going.

Delia:

Okay, yeah, that’s pretty good for the industry you’re in because sometimes you hear stories about Airbnb hosts that went through the same thing as you but were like completely destroyed, didn’t want to make Airbnb again in their lives. And I completely get it from their side as well, you know, but there are things like you can’t help in this business.

Laurie Barwick:

Right, really. Exactly.

Delia:

Well, now I’d like to move on towards the numbers you’re making if you don’t mind sharing that with us. Would you mind sharing about how much is your monthly and annual revenue since you’ve been already doing that for a whole year or more, right?

Laurie Barwick:

Six years.

Delia:

Six years now? That’s great. Can you tell me a little bit about the revenue you’ve been perceiving through Airbnb?

Laurie Barwick:

Yeah, I think monthly, it depends on the month. So our high season is generally April through October. And then pretty quiet usually, we a lot of times we rent the house out over Thanksgiving to a family like an extended family. Sometimes we’ll rent after Christmas, but not often. And then it’s pretty quiet again until April, we’ll have a few here and there. And then once we get into May-June, we start getting back to back bookings pretty much through August and then we’ll get several in September and several in October. Monthly, it depends, but I will tell you our gross revenue last year was $65K, so we were pretty pleased with that and that’s just one house. So the cottage rent separately from the main house and it is significantly less because we rent it a good bit less.

Delia:

Do you know why do you rent it a little bit less? It’s just people not looking for that kind of small place?

Laurie Barwick:

I think the appeal to in our house is having that big house with lots of space to spread out in and the cottage is wonderful, but it’s more of a small house. And it’s one-bathroom, it’s charming and pretty, but it’s not on the big expanse of land, sitting up on a hill like the other house. What happens a lot of times people will rent the main house and have more family or friends and then will rent the cottage as well. So that’s when we tend to rent more when a really bigger group wants to have both houses.

Delia:

And how many people do the cottage sleeps?

Laurie Barwick:

It sleeps eight and the main house sleeps ten. But the cottage is just, it’s very quiet and sweet with one bathroom.

how much can you make on airbnb

Delia:

Okay, yeah, I get. It still sleeps many people! And can you please tell me how much yearly revenue you do with that one cottage in comparison with the bigger listing?

Laurie Barwick:

You know, that’s a good question. I haven’t looked at it recently, I would guesstimate $20K or a little less possibly.

Delia:

Per year?

Laurie Barwick:

Yes.

Delia:

Okay. And most of those are like the ones you told me like, they come in like, really, really big groups of people and they just have to rent both of them?

Laurie Barwick:

Right. And I will say, sometimes we’ll get like a small family with two small children. They will rent the cottage because they don’t need all the space at the main house, so that does happen. But it’s just probably 50/50 that type thing versus also renting in addition to the main house.

Delia:

Yeah, that’s right! And about the revenue you’re getting involved, you told me $65K in the bigger one and $20K in the cottage, were those the amounts that you were expecting to do with this rentals?

Laurie Barwick:

It’s interesting because when we started six years ago, I never thought in a million years, we would get to this ever. Because our family still uses the property as well, so we don’t have dates open 24/7 because sometimes family wants to use it because it’s also a vacation home for us. But had no idea we would do this well and it’s been really nice, because it really does. It’s a big piece of property with a lot of upkeep and the house is an older historic home, which you know, there’s a lot of upkeep. So we’re been able to do that and keep it in tip top shape, which has been nice.

Delia:

Yeah, that’s really nice. And when you started six years back, would you were like, you just started with Airbnb because you thought it will be convenient for the wedding venue thing? Or do you also get to make market research to see how the property would do on Airbnb?

Laurie Barwick:

No, back then. Honestly, I was such a newbie, I didn’t know even how to go about that other than looking on Airbnb and VRBO to say what else is in my area? And what is their pricing? You know, I did that kind of research. But I certainly didn’t do it because I thought we were going to, you know, do this well. I did it originally as a convenience for the weddings so that people could rent. And it would be easier on me to rent it that way than having to go directly through me and file taxes and hospitality tax and all that.

Delia:

Yeah, yeah, I completely get it. When you started, were you pricing your listings competitively against other similar rentals near your area or in your area?

Laurie Barwick:

So yeah. So what I did was, I would look at the thing that would be the most comparable, which there were hardly any that were comparable, because we are very different from most and I priced above, I was probably the most expensive in the area. But I decided it was worth it because of the type of property it is and the amenities that had which were bigger and better than anything else I’ve seen in the area and that’s formula has seemed to work well for us.

Delia:

Okay, yeah, I completely get it. Now you’re keeping that same formula?

Laurie Barwick:

We still, I mean, I have noticed it’s been interesting to watch, I’ve noticed some of the Airbnbs have gotten more expensive near me and I don’t know if they saw my pricing and started to up theirs. But yeah, so they have come up in some of their pricing, but I still think we’re near the top. But like I said, it’s a very unusual property comparatively to anything else around me, so.

Delia:

Yeah, I see now, I completely understand. And still you being like the highest end property in your area, people still choose you because you have these really unique things to offer, like the size of the listing and the pool you told me about, the fact that the area is really, really big.

Laurie Barwick:

Yes. I think that’s it and I do think that I really enjoy the hospitality industry, enjoy people and I really get a lot of satisfaction out of them enjoying our place and loving it and feeling like I was helpful to them. So I think a lot of times, I put a lot of extra effort into being a really good host about answering questions, telling them where to go eat dinner, where they can get a caterer, you know, all those kinds of things. And you know, I’ve even helped somebody who’s also repeat, this is probably their third year, they come every year to celebrate their daughter’s birthday and the first year, they want to know if I knew anybody who had pony rods nearby and I helped connect her up with someone that would bring a pony on to the property and let them do little pony rides for their nieces and nephews and daughter, so that was fun. So I tend to try to go out of my way to be helpful to my guests and I think they do appreciate that.

Delia:

Yeah, I also would agree with that because when a host is like communicative and also is able to help a guest in their needs, despite it not being like the main thing they have to do is like real nice that people can potentially get back to you and people tend to also enjoy the stay because you are doing those extra things for them.

Laurie Barwick:

I agree. Yeah, I agree. I agree. And I tend to get reviews, saying things like that, which I really appreciate. And then that makes me feel happy that I hosted that way because I felt like they had a good experience.

Delia:

Yeah, also, I’ve seen that this whole industry seems to work more for people who do really enjoy hospitality, rather than the people that choose to do it as purely as business.

Laurie Barwick:

I agree. Yeah, I think it’s really important to keep your professionalism, but also treat people like you would like to be treated, if you’re staying somewhere. That’s how I try to anticipate needs, as far as the comfort level of the house and the amenities we provide in the house and then also try to bring the friendliness and the “How can I help us? Do you have any questions?”, you know, to it. And I think if you treat people with that kind of respect and kindness, generally, not always, you will get that back or that’s hopefully the thought, right?

Delia:

Yeah, that’s right. And have you got any experience with guests who didn’t like when you were really friendly and approaching with them?

Laurie Barwick:

Yeah, I don’t really feel like I’ve had any negativity from it, maybe not quite as reciprocal or as communicative, which is fine too because everyone’s different and maybe they don’t want to chat. I don’t bother them, but I usually text them after check in the next day and say, “I hope you settled in and you have everything you need. Let me know if I can answer any questions”, you know, just that general stuff. If they don’t ask anything else, then I tend to leave them alone, so they can enjoy the vacation.

Delia:

Yeah, that’s right, as well. So all these revenue you make with the house, does that help you with, you know, your own living costs? Or do you purely invest that in your Airbnb, like in your business growth again?

Laurie Barwick:

I pay myself a little. But primarily, it goes back into our property because it is family owned and as I said, the whole purpose originally was to make this not a family burden financially, and to keep it in our family for generations and that seems to be working at the moment. So it does, a lot does go back into it, but I do get paid a percentage.

Delia:

Okay, yeah, that’s really nice though. And one thing that I’d like you to tell me about is if there has been any particular challenges that you have encountered as an Airbnb host, maybe with the Airbnb platform, maybe with your guests?

Laurie Barwick:

Yeah, so pretty much, I would say the most challenging aspects for me, and I’m sure this is probably for a lot of hosts is when something goes wrong that’s out of your control. For instance, the power went out, well, we have a well system. So when our power goes out, not only do they lose electricity, they also lose water because the pump can’t work. So that’s been challenging at times. And of course, you’re scrambling trying to make it okay, and you’re, you know, in touch with the guests, and you’re in touch with the electric company, and you’re trying to do what you can, but some things are just what they are. I have had really lovely guests that have been pretty darn nice about the things that have happened, they’ve been understanding, I’m sure they were inconvenienced and a little disappointed at times. But those are the stressful times is when something like that happens or we had last summer for whatever reason we had torrential rains for like 10 days straight, and our pool balance got out of, the chemicals got off balance, and the pool was a mess and we were working day and night trying to correct it and we had guests there with children who wanted to swim. So that was heartbreaking to me and I offered them a refund, not for the whole place but partial refund. I’ve offered several different things which they were very candid did not pick me up on it, but they were just, you know, I tried to make it as right as I could under the circumstances. But those things are few and far between luckily.

Delia:

I understand the things that frustrate us the most sometimes are the things that we can’t control. And luckily your guests have been very comprehensive with that because there are some guests that might not be.

Laurie Barwick:

Right. I’m very fortunate, I really feel overall that I’ve had some really pretty awesome guests. So I do appreciate that.

Delia:

Yeah, that’s right. And now I just realized that I didn’t ask you about this, how do you typically screen your guests so you can ensure that they are the right demographic and also the right type of guests you’re planning to get?

Laurie Barwick:

A generally you know, if they just say is your home available or I’d like to stay there I usually at before accept or decline,I just ask more questions. I say “What brings you to the area? Who will be traveling with you?”. I ask some questions and most people give more information but the ones who don’t give me a whole lot, I generally get a feel for and usually, I’ve had pretty honest guests that will say, “We’re attending the festival and such and such and we’re bringing friends” and then I’ll say, “Well, you understand, we have a strict no party rule in our property. Please understand that before you proceed with booking”, and then they a lot of times will go away, which is fine because they realize, “Oh, she’s not going to allow that. So this probably isn’t the right place for us”. So I just tend to ask questions and make sure that I’m comfortable with who they are. And I like to see that they have some reviews obviously, that helps me know that they’ve traveled and used Airbnb, and they’ve had been reviewed by other folks.

Delia:

And do you at any, like point of their stay? Do you get to meet them?

Laurie Barwick:

So generally, I do not. I do not live in town. But I have a wonderful, wonderful person that is my cleaning person that kind of preps the house, and does check out for me, and then I have a caretaker. So between the two of them, generally, my caretaker meets them at some point because he’s there to take care of the property. He does a lot of mowing and cleaning up, if there’s a storm, and he’s always working on the pool, so he generally meets folks. And I always tell them ahead of time that “This is his name. This is the kind of truck he drives, he won’t be there a lot. He won’t disturb you, but just know he’s there to do this or that” and everyone’s been pretty good with all that. So.

Delia:

Okay, that’s pretty amazing then. And lastly, I’d like to make you one last question, is there any particular tips that you’d like to give out for other Airbnb hosts?

Laurie Barwick:

Yes. I think the most important things are anticipate your guests needs. Make it a stay, like you would like to receive. Make your place comfortable like you would be if you were staying in someone’s home. Be kind, be courteous, be professional, even when your guests is not professional and they’re not kind, don’t stoop to that level. Always keep your head above water as far as being professional with them. That doesn’t mean cave in. But it just means handle it as diplomatically as you can if problems arise because I think that will go a long way for your reputation and your property if you handle things always positively and professionally.

Delia:

Right. I completely agree with that. Those were really amazing things. So that would be it for today. Thank you a lot for your time, for the story you shared with us and also for the tips. It has been really amazing to hear about your story and your journey!}

Laurie Barwick:

Thanks for interviewing me, I appreciate it.

Do you want to maximize your profit?

As a professional in the short-term rental industry, you’d definitely know that there are intense competitors who are probably obsessed with maximizing profit & exert efforts to promote Airbnb listings. What are their unique tools, you ask? We say:

A super-accurate & reliable data analytics tool.

If you can’t decide which city in the world you should invest in an Airbnb, take the right path by looking at the Airbnb occupancy rates by city

Designed to showcase accurate short-term rental analytics data, not only does our app help you optimize your listing, but it can also provide VERY useful data for simulating cash returns using the Airbnb Calculator. try looking at real-time data from Airbtics & stand out among your competitors!

Airbtics
Categories
Podcast

Interview with an Airbnb Host from Nashville, Tennessee – S2 EP54

Welcome back to another episode of Into The Airbnb, where we chat with Airbnb hosts about their short-term rental experience.

Today’s guest is Wendy Anne, an Airbnb super host manages nice and cozy guest room in her private residence, charging about $150 per night. Wendy loves and enjoys hosting as a hobby that brings money to her pockets, and even helps her over her entire multi mortgage fee with around $3,000 monthly revenue. Keep listening to hear about her story, journey and major challenges as an Airbnb host.

This episode is sponsored by Airbtics, short-term rental analytics for high return investments, comprehensive data for insights, ideas, and inspiration. Go to app.airbtics.com to find precise Airbnb data such as occupancy rate, revenue, average daily rate, and so on. So, without further ado, let’s get into it!

Into The Airbnb Podcast S2 EP 54: Airbnb pays her mortgage making $3K/month – Doing Airbnb as a hobby in Nashville, Tennessee 
airbnb revenue hosting in Nashville

Delia:

So can you tell us how did you get started on Airbnb and short-term rentals?

Wendy Anne:

Actually, it’s a long story but I relocated to Nashville and I originally when I was looking at houses the whole reason I decided to move to Nashville is the house that I was looking at to rent as an Airbnb to come for vacation just made me decide that if and when and where I ever moved, I would find a house that had the availability to be able to also have an Airbnb in it. And so I bought my house here in Nashville, specifically because it had space available to be part of my house but separate. So it has a separate entrance, separate patio, separate bath, and it’s blocked off from the rest of the house.

Delia:

Is it a big area or it’s just like the guest room?

Wendy Anne:

It’s like a hotel room. It’s got a queen size bed, a full size bed, mini fridge, microwave, coffee pot, tea kettle, bathroom and then I have a screened in patio with a table and four chairs out there, off street parking right on a park.

Delia:

I see and since the very beginning you told me that you bought your property and you were already thinking of doing Airbnb. Did you launch it immediately?

Wendy Anne:

No, I bought the house in November and it was garbage, the whole entire house top to bottom. The whole house was an Airbnb before I purchased it but so they rented out the whole thing and so now I live in three quarters of it and the other quarter is the Airbnb. So I bought the house in November, I spent six months working on the whole house, getting the Airbnb ready, also getting furniture, painting, updating door handles, air vents, you name it changing out the window treatments. So about six months after I bought the house, November to maybe late April. So I had my first guest late April the following year.

Delia:

Late April 2016 or 2015?

Wendy Anne:

That would be 2018.

Delia: 

2018, I see now. And how has been your experience so far? I know, it’s like a separate place, but it’s still really near you like, the place you live in? How has been your experience with that?

Wendy Anne:

I would say overall, it’s been awesome. I think like I’m on this page, Airbnb super host and people who are distant owners who just kind of do it solely for the money and are not involved in the house. They seem to have a lot more issues with guest then when people are coming directly into your home. So overall it’s been really good. I mean, I’ve had a couple of people puke on my sheets and things like that, but I live in Nashville, so it’s kind of to be expected. But I mean, my last guest, I absolutely loved like I was sad when they left because they were just so wonderful. So it’s been a good experience.

Delia:

Oh, that’s great! And what’s the typical demographic of guests you get?

Wendy Anne:

Oh gosh, I get a big mix because it’s Nashville. So my last guest was a mother, father daughter trio and she had just graduated her four years of college. So they came here for, it’s called CMA fest, which is Big Country Music Festival here, so I get lots of kind of like that. I get a lot of people come here for events like weddings, so they like that I have the patio that their guests and family and friends can come and hang out. I’m also pretty lenient about that. a lot of Airbnb host don’t allow, like non-registered guest on to the property and I just figure if people are coming to visit people, I want them to feel comfortable enough here to bring their friends and family here as well. So and then I get you know, like this weekend, I have three young guys coming, who I’m sure just gonna drink all weekend because that’s another thing that you do in Nashville is drink all weekend.

Delia:

And how do you find that works so far? The fact that you allow other people in the rental, like visits and all this stuff?

Wendy Anne:

When they want to bring people here to me, it says that they like where they are, and that they feel comfortable here enough to have guests come and visit them here, so that doesn’t bother me one bit, like I kind of find it a little flattering. So I live in, my house is a big box, a two story box, same exact, you know, on the top as it is on the bottom, the bottom is cut in half and they have half at the bottom, so they have a quarter. And you know, they’re like, “Oh, but we won’t make a lot of noise” and I tell them “Make as much noise as you want, I don’t care. You’re on vacation, you don’t need to worry about me, I bring you into my home and I just want you all to be comfortable. The only thing I ask is if you’re going to make a lot of noise that you do it inside if it’s late, because I don’t want you to bother my neighbors”. Where I live in Nashville if you get four complaints from your neighbors, you lose your permit. It’s very heavily regulated here. So but I love to hear people having fun, I like to hear them laughing, I have a Bluetooth speaker down there so they can stream their own music and when they’re doing all those things, and I also have a barn door that I can lock them out of the rest of my house. But I have two dogs and if they want to hang out with my dogs, I leave the barn door open so my dogs can go down and visit with them. I’ve never really had a guest where I felt like I had to lock it because I didn’t trust them to not come into my house, you know, are not keen on the dogs or anything like that, I always lock it. But I feel like if they’re going to trust me with their stuff then I need to trust them with mine and I keep it pretty flexible, pretty cozy like I do it because I like it, you know, the money is good, but I don’t particularly need the money to survive. So, you know, the day that it becomes not great for me as a host personally I’ll stop doing it.

Delia:

I understand and how do you screen your guests so they are like good quality guests?

Wendy Anne:

I don’t. I’ve got the way that I do it is that I have, I don’t have the instant book or you can’t instant book with me unless you have government issue ID, reviews, verified identity, email and phone number, so you have to have all those things, plus have reviews you can instant book with me. If you don’t, you have to send me a request. If somebody like doesn’t have their identity verified, I tell them I need you to go back through Airbnb to verify your identity with the government issued ID and then I can accept your reservation. You know, that’s the only way that I screen them. I’ve had one person, I don’t allow local guest, I had one person message me who I saw was local. So I messaged her back and I just said “Hey, I see your local, I typically don’t allow locals. Can you tell me more about the reason of your stay?” and she said “You don’t allow locals? That’s really mean. You don’t even know people circumstances” and I messaged her back and I was like “Well, you’re exactly right which is exactly why I’m asking you what is the nature of your stay?”. And I was just like you know, I’m not sure we’re going to be a good fit. Best of luck finding a place while you get your floors redone whatever because like I just felt like if you’re coming at me and telling me that I mean before I ever even get out of the gate when all I’m doing is asking because it says right on my listing “No locals. Love y’all, no locals”. So I was given her the benefit of the doubt, even just by asking her, you know, why do you want to stay here? And she said, I was mean and I was like, “Okay, I’ll just follow through with that and tell you, I’m not going to accept your reservation request”. But so, you know, that’s only happened maybe two times, I’ve only gotten two bad reviews, you know. So like, my guest before last was mad because I came out and greeted her. She said, it made her feel like it wasn’t private and I’m like, “You’re in my house lady. Like, I’ve greet all my guests. For four years, I’ve greeted all my guests. You’re the first one to complain”. She complained a lot more than that, but some people you just can’t make happy, but it upset me because I was like, gosh, I try so hard, you know, to make this a good experience for my guest and she just was like, “And this was wrong and that was wrong” and I was like, Oh, my God, you know. Two reviews out of a bunch, I’m not gonna sweat it too terribly bad.

Delia:

Yeah, but also no big complaints. Like just greeting? I don’t know what’s wrong with that maybe the people who visit your page are going to read that and say, “What? It doesn’t make sense”, right? So.

Wendy Anne:

Yeah, I’m like, if you want privacy, don’t stay in somebody else’s home. Like if it’s going to upset you that the owner of the home and your host comes out and greet you and welcomes you and tells you, “Hey, do you all have plans?” and you don’t know what you’re doing, and I make suggestions and that’s upsetting to you, then really just go stay at a hotel, you know. Like, and also staying here in Nashville, is one of the most expensive hotel markets in the country and so if you get a hotel room downtown, it is $500 night for the Holiday Inn. If you stay at my house, it’s $155 a night. I’m eight minutes from downtown, you have off street parking, you have your own patio, set up just like a hotel room. It’s better because, you know, you can jump in an Uber and get there and save a lot of money in a really comfortable space. So.

Delia:

Yeah, the price difference is really big, 500 versus just 150. And now that you talked about the price, are there other Airbnbs near your location with similar pricing?

Wendy Anne:

Yes.

Delia:

Okay, so all the Airbnb market is way lower than the hotel market there.

Wendy Anne:

Yeah, there are a lot of Airbnbs in Nashville. But yeah, I try to stay pretty competitive. I stay higher than like the suggested price through Airbnb. I don’t want the bargain shoppers. I want people that, you know, are willing to pay a little bit more, but I have all 100% cotton linens, cotton sheets, cotton quilts, 100%, quiet towels, you know, I supply everything for them. And I just don’t want the bargain shoppers.

Delia:

Yeah, I understand about that. And can you tell me a little bit more about the financing story of your house? I understand that you bought it for yourself. But were you planning to cover any costs? For example, the mortgage with your Airbnb business?

Wendy Anne:

Yeah, the Airbnb pays my mortgage. When I bought the house, I put quite a bit of money down because my house in South Carolina was almost paid off. And yeah, it pays my mortgage every month, nine months a year. I pretty much shut it down in the winter because it’s pretty slow and frankly, I’d rather have no body than somebody just one weekend in November, one weekend in December, like I’d rather just not be that concerned about it. But nine months out of the year, it pays my mortgage. So I have a three night minimum, so I’m guaranteed a certain amount of money every time I get a booking and then I also book off the days kind of in between. So if somebody is checking out on Sunday, I block off Monday, Tuesday, Wednesday, just to give me, we share the washer and dryer, so it gives me time to get my laundry done without being in their space, you know, that I don’t have to tiptoe around upstairs. Like it just gives me a little bit of a mental break from having somebody in my house every single weekend.

Delia:

Oh, so you mostly do weekend stays?

Wendy Anne:

Yeah, unless people book for longer. But like I said, if it’s booked for the weekend, I’ll block off a couple of days after just to give me a break, and then, you know, so yeah. So mostly weekends unless like my last guest stay for a week.

Delia:

Okay, so is that the longer you accept, the week? Or do you accept longer stays?

Wendy Anne:

Oh no, I’ve had two guests stay in May. And I’ll take whatever, except for short stays. It’s just not worth it for me. So, you know, some people, their main thing is, “what is my occupancy rate?”, like, it’s super important for them to have, you know, 90% occupancy because they run it as a business. For me, it’s like, I run it as a business/hobby, that makes me money and I don’t want it to fully compromise my quality of life too, which is why I block off that time in between.

how much can you make on airbnb