254. Hosting Hotline: How Should I Price my Parent-Child Listing?

ama May 16, 2023

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Angela asks:

How should I price parent-child listings? I have three specific questions: 1. Do I price the parent listing at the same price as the two child listings combined, or should I increase the price of the parent listings since it sleeps more? 2. Should I overprice the two child listings further out to encourage people to book the parent listings first? 3. Is there ever a good reason to do mostly flat pricing versus dynamic pricing?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

Resources:

Thanks for Visiting is produced by Crate Media.

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#STRShareSunday: The Everwoods

strsharesunday May 14, 2023

It's time for #strsharesunday! Today we are sharing The Everwoods

Shoutout to our Columbus/Hocking Hills neighbors!

This property is amazing

There are multiple properties on their 10 acres, but the big thing we want to highlight and encourage to all our listeners: they have the blueprints of their property available online for sale!

To all you hosts: whatever you have created for your short-term rental that you think could add value and be shared to others, whether it's another product, another service, another potential revenue stream from something that you've already done and you've already gained expertise through, GO FOR IT!

We love the creativity and ingenuity! Please go check them out so you can see the way that they have positioned this and selling these blueprints for the property.

Kudos to you! Psst... we're going to have to come down and visit

The Everwoods on Instagram

Book Direct: The Everwoods

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253. 7 Essential Apps For Your Airbnb

Uncategorized May 11, 2023

Today, we are going to share with you our top seven favorite apps that we use in our own hosting business. We’ll cover why we love this technology and how we’ve leveraged it for our own properties. And, each app is linked below with a special offer just for our TFV listeners.

NoiseAware:

The Indoor and Outdoor Sensors monitor noise levels at your property and will alert you through your Dashboard or Mobile App when the noise levels go over your set thresholds. Use code TFVNA20 for 20% off ($144/year including 1 free indoor sensor) and 20% off any additional indoor or outdoor sensors.

Wheelhouse:

Wheelhouse helps you manage your short-term rentals as professionally and efficiently as major hotels—from understanding performance to better nightly pricing. Use code TFV for 50% off your first two months.

Breezeway:

Breezeway's property care and operations platform helps coordinate, communicate, and verify detailed work, and deliver the best service experience to...

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252. Hosting Hotline: Marketing Your Airbnb: Instagram 101

ama May 09, 2023

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Pam asks:

We’re new in our hosting journey and need to start marketing. What kind of content should we be posting on our Instagram page?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

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#STRshareSunday: Sunset Inn

strsharesunday May 07, 2023

It's time for #strsharesunday! Today we are sharing Sunset Inn

Second week in a row of sharing some amazing Vermont hosts! Maybe it's time for a VT getaway

Sophia and Ashley are the hosts of this beautiful circa 1787 inn. We LOVE their story! From high school besties to college besties at Boston University to roommates in NYC... to hosting biz besties! We love to see it!

Their experience in fashion and design really shines through in this historic inn. The photos are just so lovely! We just can't stop staring at their gorgeous exposed wooden beams. The attention to detail and the mix of old and new have been woven with the utmost care.

Please give them some love. Check out their rooms and all the stunning renovations they've done (that kitchen though )

Book with them during your next stay in Vermont!

Sunset Inn on Instagram

Sunset Inn on AirBnB

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance!

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251. Behind The Scenes Of A Large-Scale Property Management Company

Uncategorized May 04, 2023

Today we’re giving you an insider's view of a rockstar manager who is running a ton of rentals and has so much valuable experience and data to share. Whether you’re managing your own property, looking to partner with a management company or simply want to learn more about how it all works behind the scenes, today’s guest, Meaghan Moylan, is the perfect person to learn from when it comes to customer satisfaction and operational excellence.

An industry leader with 8+ years of experience in the STR space, Meaghan leads a team of passionate and entrepreneurial-minded professionals at The Outpost Group, a private investment office based in Jackson Hole, Wyoming. The company's portfolio includes Outpost, Snake River Roasting Company, Terrain Landscaping and Snow Removal, O2 Cleaning, and Provisions Catering. Prior to her role with The Outpost Group, Meaghan held several leadership roles at 360 Blue, one of the largest luxury vacation rental businesses in the US. During...

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250. Hosting Hotline: How To Hire Inspectors For Your Airbnb

ama May 02, 2023

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Greer asks:

I'm looking to hire inspectors to help with the cleaning process and get some work off of my plate so I can focus on growing my business. What advice do you have on hiring: should they be employees or contractors? Should we pay hourly or per turnover? Should we charge different rates for different properties?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

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#STRShareSunday: VT Stays

strsharesunday Apr 30, 2023

It's time for #strsharesunday! Today we are sharing VT Stays!

Brad and his wife are just killing the short-term rental game in in Vermont! It was their dream to move to Vermont, and they have an Airstream and an in-progress cabin on their property. Their instagram goes right to their direct booking site (you know how we love a direct booking site!)

On their website, you can read about them and their story. And I mean... we're invested! We want to hang out with you! If you can make that connection with your potential guests, they will be that much more likely do deepen their investment with you and your story by paying to stay at your property.

They show their personalities on their Instagram. They have amazing properties. They love Vermont, and they want to show you also why you should come visit Vermont.

We would love for you guys to reach out so we can have you on the show and we can all play air guitar together

VT Stays on Instagram
Book Direct: VT Stays

We would love to...

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249. Maximizing Revenue: Insights on Dynamic Pricing Strategies with Andrew Kitchell

Uncategorized Apr 27, 2023

We are so excited today to have Andrew Kitchell, the CEO and founder of Wheelhouse, a revenue management platform that serves leading professional operators in short-term rental, vacation rental, corporate rental  & boutique hotel spaces on the podcast today. Andrew has 10 years of experience in the accommodations space, having built multiple technology and operating companies. Prior to Wheelhouse, Andrew was the founder & CEO at Beyond Pricing, the first data-driven pricing engine for the STR/VR space. Additionally, Andrew founded Lyric, a network of tech-enabled rentals designed for the modern business traveler that developed properties in 14 US markets. Collectively, Andrew has raised $100mm from investors such as Airbnb, NEA, FifthWall, Highgate, Certares, Tishman Speier, Barry Sternlicht, and other property/technology investors.  

In this episode we talk about Andrew’s first job in hospitality, what he loves about the industry, how he came to host...

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248. Hosting Hotline: Maximize Your Revenue with Parent-Child Listings for Neighboring Properties

Uncategorized Apr 25, 2023

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Blue Sky Villas asks:

What do you recommend for a parent-child listing strategy if my neighbor wants us to manage their rental property along with our own?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

Resources:

Thanks for Visiting is produced by Crate Media.

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