As Airbnb Falls apart. Only these properties will Survive

Free Short Term Rental Course by Sean Rakidzich
25 Feb 202315:33

Summary

TLDRIn the era of oversupply in the Airbnb market, Sean from YouTube emphasizes the importance of novelty in property listings to stand out. He suggests focusing on unique design, contrasting with competitors, and creating a curiosity gap through artistic photos. Sean also discusses the significance of offering novel experiences and amenities that are underserviced in the market, such as ADA accessible spaces. He highlights the importance of market research to identify gaps and adapt to the local context, ultimately suggesting that being different and innovative is key to success in the short-term rental business.

Takeaways

  • 😀 The ease of making money from Airbnb properties has decreased due to oversupply and economic factors leading to more real estate in the short-term rental market.
  • 📈 To stand out in an oversupply market, Airbnb hosts should focus on creating 'novelty' in their properties to attract guests.
  • 🏠 Novelty in design is crucial; hosts should aim for a unique aesthetic that contrasts with the competition and creates a curiosity gap for potential guests.
  • 📷 The 'hero photo' of a listing should be strategically chosen to represent the property's uniqueness and should change with the seasons to highlight relevant amenities.
  • 🌞 Novel experiences provided by a property, such as unique locations or themed stays, can be a significant draw for guests seeking something different from standard accommodations.
  • 🎨 Market research is essential for identifying under-serviced amenities and opportunities to offer novel combinations that are not widely available in the local Airbnb market.
  • 🛋️ Basic furniture and designs are being left behind; properties with a commitment to a full and unique design are more likely to be booked.
  • 🚀 Novel amenities, such as EV chargers or ADA accessibility, can provide a competitive edge by catering to specific guest needs that are not commonly met.
  • 💡 The concept of 'novelty' can be applied to various aspects of a property, including design, amenities, and the overall experience offered to guests.
  • 🏡 Properties that are inherently unique or located in a remarkable setting can provide a novel experience without needing additional thematic elements.
  • 📊 Cost efficiency in operations, such as hiring and managing housekeeping staff, is crucial for maintaining profitability in the short-term rental business.

Q & A

  • What was the initial ease of setting up an Airbnb property according to the script?

    -The script describes the initial ease of setting up an Airbnb property as simply requiring a bed on the floor, which would then be booked for a high price, leading to a quick cash flow and perceived wealth.

  • What factors have contributed to the oversupply of properties on Airbnb?

    -The oversupply of properties on Airbnb is attributed to the platform's previous reputation for easy money, the influence of 'covid-19 and revenge travel', inflation leading to real estate purchases, and economic factors encouraging people to invest in short-term rental properties.

  • What is the main theme suggested for profitable Airbnb properties in 2023?

    -The main theme suggested for profitable Airbnb properties in 2023 is 'novelty', which includes unique, hard-to-recreate aspects that set the property apart from the competition.

  • Why is 'novelty' important in the context of short-term rentals?

    -Novelty is important because it allows a property to stand out among a sea of similar listings, attracting guests who are looking for unique experiences and potentially leading to higher bookings.

  • What are the three areas of novelty mentioned in the script?

    -The three areas of novelty mentioned are: novelty in design, providing a novel experience, and offering novel amenities.

  • How does the script suggest improving the 'hero photo' of an Airbnb listing?

    -The script suggests using a photo that contrasts with the competition, possibly changing the hero photo according to the seasons to highlight relevant amenities, and considering artistic, zoomed-in shots to create a curiosity gap.

  • What is the significance of creating a curiosity gap in the hero photo?

    -Creating a curiosity gap in the hero photo is meant to intrigue potential guests, making them want to click on the listing to learn more, which can improve the listing's SEO and ranking on Airbnb.

  • How does the script relate the concept of novelty to the idea of market research?

    -The script relates novelty to market research by emphasizing the importance of understanding what the competition is offering and identifying gaps in the market where a unique property can fill a niche.

  • What is an example of a novel experience that could be offered by an Airbnb property?

    -An example of a novel experience mentioned in the script is providing accommodations in unique structures like spaceships, tree houses, or themed properties that are inherently experiential.

  • How does the script suggest using novel amenities to differentiate an Airbnb property?

    -The script suggests identifying under-serviced amenities in the market, such as EV chargers or ADA accessible spaces, and incorporating these into the property to attract guests who are looking for those specific features.

  • What is the importance of cost efficiency in running a short-term rental business according to the script?

    -Cost efficiency is crucial as it directly impacts profitability. The script highlights the importance of managing housekeeping costs, suggesting that having in-house staff can significantly reduce expenses and increase profit margins.

  • What advice does the script give on adapting to market changes in the short-term rental industry?

    -The script advises being flexible and adaptable, learning from market research, and being brave enough to implement unique designs and amenities that are not yet common in the market to gain a competitive edge.

Outlines

00:00

🛏️ The Evolution of Airbnb Profitability

Sean, an experienced Airbnb host and educator, discusses the changing landscape of Airbnb profitability. Initially, it was easy to make substantial income with minimal effort, but an influx of properties due to factors like inflation and the appeal of 'easy money' has led to an oversupply in the market. He emphasizes the importance of novelty to stand out in an oversaturated market, suggesting that unique and hard-to-recreate properties will be the most profitable in 2023 and beyond. Sean introduces three areas of novelty to focus on, promising to teach viewers how to rethink their Airbnb approach by the end of the video.

05:02

🎨 Novelty in Design for Airbnb Success

The speaker delves into the first type of novelty: design. He stresses the need for properties to stand out from the competition by offering a unique aesthetic that creates a contrast. The use of a distinctive 'hero photo' in listings is highlighted as a crucial marketing tool to attract potential guests. Sean advises hosts to change their hero photo according to the seasons to maintain relevance and curiosity. He also hints at the importance of understanding the local market to identify gaps in what's being offered and capitalize on them with unique design elements that can significantly increase a property's appeal and booking potential.

10:03

🌳 Providing Unique Experiences in Short-Term Rentals

Sean explores the second aspect of novelty: offering unique experiences. He mentions that properties located in special settings or with inherent experiential value, like spaceships, tree houses, or unusual architectural designs, can naturally attract guests. The speaker also talks about the potential of glamping and staycation trends, suggesting that hosts can tap into these markets by providing themed properties or finding locations with natural draws. He warns, however, that hosts must be aware of the size of the market they are entering and the competition within it, advising to conduct thorough market research to find gaps and opportunities for differentiation.

15:03

🛋️ Novelty in Amenities for Competitive Edge

In the final section on novelty, Sean focuses on amenities, which are key to providing memorable experiences for guests. He explains the concept of 'under-serviced amenities' and how finding the right combinations of these can give a property a competitive edge. The speaker suggests that hosts look for opportunities to offer unique amenity combinations that are not widely available in their market. He also points out the significant potential in making properties accessible for people with disabilities, which is an underserved market with a high reward for those who can meet this need. Sean concludes by emphasizing the importance of cost-effective management practices in running a successful short-term rental business, inviting viewers to a webinar on hiring and managing housekeepers to reduce costs.

🚀 Embracing Failure as a Path to Success

Sean wraps up the video by sharing his personal journey, including the failures and lessons learned along the way. He encourages viewers to embrace the process of trial and error as a necessary part of growth and success. The video ends on a motivational note, with Sean thanking viewers for watching and inviting them to continue the conversation in the comments section. He positions his teachings not just as Airbnb strategies but as broader business and hospitality fundamentals that can be applied to various aspects of the industry.

Mindmap

Keywords

💡Airbnb

Airbnb is a platform that allows individuals to rent out their properties for short-term stays. In the context of the video, it represents a business opportunity where hosts can generate income by listing their properties. The script discusses the evolution of Airbnb from an easy money-making venture to a more competitive market, necessitating unique strategies to stand out.

💡Oversupply

Oversupply refers to a situation where there is more of a product or service available than the market demands. In the video, it is mentioned that the Airbnb market has an oversupply of properties, leading to increased competition and a need for hosts to differentiate their offerings to attract guests.

💡Novelty

Novelty in the video script is used to describe unique and innovative aspects of an Airbnb property that can attract guests. It is highlighted as a key factor for success in a saturated market. The video suggests that properties offering something new and different, such as unique design or special amenities, will be more successful.

💡Design

Design is a critical aspect of an Airbnb property's appeal. The script emphasizes the importance of creating a distinctive design that contrasts with competitors to attract guests. It mentions painting walls in unique colors and using artistic photography to create a novel aesthetic.

💡Experience

Providing a novel experience is another way to differentiate an Airbnb property, as mentioned in the script. This could involve offering properties that are inherently unique, like a treehouse or a spaceship, or creating themed experiences that guests cannot find elsewhere.

💡Amenities

Amenities refer to the additional features or services provided at an Airbnb property. The video discusses the importance of offering unique combinations of amenities that are underserviced in the market, such as EV chargers or ADA accessibility, to attract a specific type of guest.

💡Market Research

Market research is the process of gathering information about what guests want and what the competition offers. In the script, it is suggested as a vital step for hosts to understand gaps in the market and to identify opportunities for creating novel offerings that meet guest demands.

💡SEO

SEO stands for Search Engine Optimization. In the context of the video, it refers to the strategies used to improve the visibility and ranking of an Airbnb listing on the platform's search results. The script mentions that getting more clicks on a listing can improve its SEO.

💡Pricing Strategy

Pricing strategy involves setting the cost for a service in a way that maximizes profit while remaining competitive. The video mentions a webinar on a zero-dollar cleaning fee pricing strategy, indicating that hosts need to be strategic about pricing to attract guests and maintain profitability.

💡Hospitality Fundamentals

Hospitality fundamentals refer to the core principles and practices of running a successful hospitality business, such as cleanliness, customer service, and creating a welcoming environment. The script emphasizes that managing an Airbnb property is more about hospitality than real estate, highlighting the importance of these fundamentals.

💡Housekeeping

Housekeeping involves the cleaning and maintenance of a property. The video script discusses the cost benefits of hiring and managing one's own housekeeping team to reduce expenses, which is a critical aspect of running a profitable Airbnb business.

Highlights

The ease of setting up an Airbnb property has changed due to oversupply and economic factors.

Properties that stand out as most profitable in 2023 and beyond are characterized by the element of novelty.

Novelty in short-term rentals can be achieved through unique design, experiences, and amenities.

Design novelty involves creating contrast with competitors and using artistic representation in photos.

Seasonal changes in hero photos can attract attention and bookings based on current demand.

The importance of a unique hero photo to create a curiosity gap and improve SEO ranking on Airbnb.

Committing to a full design with unique elements can help properties stand out in a saturated market.

Providing a novel experience through the property's location or unique features can attract bookings.

Market research is crucial for identifying underserviced amenities and gaps in the market.

Combining amenities in unique ways can give a competitive edge in the short-term rental market.

Adapting to market needs, like making properties ADA accessible, can significantly increase bookings.

The importance of cost-effective management practices in running a profitable short-term rental business.

Hiring and training housekeepers can lead to significant cost savings in property management.

Webinar on hiring housekeepers to reduce housekeeping costs by 60-70%.

The value of learning from failures and adapting strategies in the short-term rental industry.

The speaker's experience in building multiple seven-figure businesses and applying lessons to Airbnb.

Invitation for viewers to ask questions about running a profitable short-term rental business.

Transcripts

play00:00

an Airbnb property used to be so easy

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right you threw a bed on the floor and

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somebody would book the place for like a

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million dollars and you'd be like cash

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flow Rich everybody was like yes I'm

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making so much money but then in comes

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coveted right and then Revenge travel

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and then this time where everyone's like

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oh all my real estate should be on

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Airbnb it's gonna make way more cash

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flow and then people were gobbling up

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real estate because of inflation and now

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we've just got a bunch of real estate in

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the Airbnb space right we have over

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supply for a lot of reasons and not just

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because airbnb's been easy money but

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other economic factors have led people

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to buy up more properties and then put

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them into the short-term rental space so

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now here you are with some properties

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that aren't making as much money as they

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used to what do you do well this video I

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want to tell you what properties are

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going to make the most money in 2023 and

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probably on for a good long while in an

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era of oversupply all of the best and

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most profitable properties can be

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summarized by one word novelty there's

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gonna be three areas of novelty I want

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you to focus on and in this video I'm

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going to teach you those by the end of

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this video you'll be rethinking your

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entire Airbnb approach let's go Welcome

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Back YouTube world my name is Sean as

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you might know I've been doing Airbnb

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for eight years been teaching it for

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roughly six and this is where you go to

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learn everything on how to run the

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business because this is a business can

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I get a like and an amen what I mean by

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novel is unique different something

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that's harder to recreate we are going

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to dive into the three types of novelty

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in the short-term rental space but let's

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first talk about why it's so important

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for us see hotels are very much

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different but they compete with us

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directly people can stay at a hotel I'm

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staring at the W right here and they've

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got how many hundreds of doors there so

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what they can do is they can spend a

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bunch of money on making this beautiful

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bar at this beautiful pool and then they

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could spend a bunch of money on

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marketing and build out a brand where

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people are searching to stay in Dallas

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the W pops up in search because they

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have so many keys there's this higher

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reward that comes with spending that

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money if you tried to do the same thing

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you try to put a bar in your house with

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a full-time bartender that's not going

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to work you cannot have enough guests to

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fund something like a bar you can't have

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enough guests every night to fund

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something like an ad campaign you have a

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one-to-one relationship with your

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property typically even myself with

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places that have 10 or 15 properties

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it's really not price efficient to try

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to do some big marketing campaign to put

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myself on the map you'd want to have a

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hotel so there are advantages to

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short-term rentals and there are

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disadvantages and one of the main

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disadvantages is you don't have the

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scale for a marketing campaign you don't

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have the scale to build a bar or

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restaurant in your space right it's that

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one-to-one relationship this affects so

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much of your property like how you

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should design it what kind of

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experiences you should give what your

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pricing strategy should be and yes this

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channel has been all about pricing

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strategy for years I even did a recent

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webinar on how to do one with a zero

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dollar cleaning fee you should check

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that out because Airbnb is pushing

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listings that have a zero dollar

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cleaning fee right now because of their

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whole PR Fiasco where everybody's been

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mad at Airbnb off fees that one's called

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my Target price webinar check it out the

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benefits of novelty here is if you can

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do something right once you can be the

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one person getting booked because you're

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the one person who's cornered that

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Market Per Se if there's 10 000 listings

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in somewhere like Dallas and there's 10

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or 15 super interesting listings they

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will always get booked there are

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inexpensive two-bedroom properties here

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that are making 14 000 a month because

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they have a really interesting design

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style and that's all they ever needed

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and now these little two bedroom

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properties are popping design case in

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point is a good example of creating

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novelty so let's jump in with that as to

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number one you need novelty in your

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design but what does that mean you might

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ask let's go deeper you want contrast

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from your competition that is why in one

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of my recent videos I talked about why

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we were painting all of our wall star

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now you'll see with your hero photo the

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very first photo that anybody can see in

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your listing if you go through map view

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and you're searching through your city

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your listing pops up next to your

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competition everybody has one photo to

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represent themselves your one photo can

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either fall in line with everyone else's

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or pop in contrast against theirs now

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big brain move is to actually change

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your hero photo for the seasons right if

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you have an amenity that's a hot winter

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amenity then you want to have that photo

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showing when it matters but in the

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summer if that amenity no longer matters

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you take it off of your hero photo you

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want your best photo forward at all

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times and that can change that might

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actually be the first time I've given

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you guys that advice for free and with

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that a lot of the advice that I give

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comes from me like years and years of

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experience I test it out on myself and

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then I give it to my students usually

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first and then they get to run with it

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and then if it works out and it seems

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like it's safe enough for me to share

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it'll come to you guys here now my

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mentorship program is called cracking

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super roast and most of the people in my

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program are hosts who already have

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properties what I've noticed lately in

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the last three or four months because of

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the winter bust a lot of hosts were

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underperforming and didn't know what to

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do with their listings how to save

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themselves from losing money and a lot

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of people have jumped into my coaching

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because their listings was just suddenly

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had empty calendars and just so you guys

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know I'm not just a rental Arbitrage guy

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I'm the guy who runs these businesses at

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scale 150 properties they run the same

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way whether or not you own them so the

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concept of novelty has been something

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we've been talking about for the last

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six months the dark wall color something

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that we've been talking about for the

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last six months creating unique artistic

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photos artistic representation of your

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space to create novel marketing of your

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space is something that we've been

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talking about for six months this

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concept of the hero photo is something

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that we've been talking about for a long

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while so to bring this to a very basic

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level if you painted your walls some

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extravagantly different color than your

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comp Edition and you did a photo that's

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not your typical wide real estate shot

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you did something that's more akin to

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like a headshot using a portrait lens

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something that's more zoomed in these

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artistic style shots could get somebody

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to click on your space because they like

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the vibe that you're sending off that

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one photo and the less representative

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that photo is of your entire space the

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more creates what we would call a

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curiosity Gap and that's why I do think

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one of the best photos for your hero

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photo is to have an outdoor photo if

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your outdoor is wonderful like if your

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yard is well manicured you have a

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Pergola or Cabana you have a hot tub

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you've got a pool you've got you know

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textured lawn with like gravel and grass

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and wood chip or you have really cool

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Landscaping anything like that having an

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outdoor photo makes people curious to

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what's on the inside you do want to

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leave enough of a curiosity Gap in your

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hero photo that people click on your

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listing because for SEO clicks lead to

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better ranking the more clicks you get

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the more that they're going to push your

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listing that's one of the elements

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that's still very important in airbnb's

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ranking system being novel in the way

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that you color your space a novel in the

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way that you photograph your space is

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one way to start getting clicks but

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people still need to choose your space

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and one thing that we're noticing is

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that people who haven't really committed

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to a full design right they've just got

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basic Furniture they've got this

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Farmhouse design that they picked up

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from Ashley Furniture or something like

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that and they just went with that but

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they don't have any elements of a

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short-term rental in it those ones are

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getting left behind even the smaller

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listings are getting left behind there's

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things that you can add in I've got this

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plant mirror combination and I'm

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actually going to be selling different

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Decor combos here soon we're actually

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testing out a website model before I can

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start giving you some of my cool Decor

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combos but this plant mirror combination

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that I do I think has been really

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effective for bedrooms using little LED

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signs can be fun too plant walls are

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great as well one of my students asked

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about designing a bachelorette style

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space and what we found when we did

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market research was pretty basic you

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just need places for women to do makeup

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and you need an Instagram wall and

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that's what people are booking there's

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not a lot there you want a cool space

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but the amenities were really just

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makeup stations and an Instagram one to

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summarize the point novelty is different

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than your competition so what that will

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look like for you will be different

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something that I have set up here that

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might look like more of the same in

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Dallas might be really cool in a Beach

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town because nobody else is doing it

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like the whole dark wall color this

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might be really popular in New Orleans

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and everybody's doing it but then you go

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to Denver and no one's doing it so you

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need to do your market research and find

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out what your competition is doing in

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order to find out what they're not doing

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and choosing to go your own way will set

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you apart from your competition and

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change this supply and demand bottleneck

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that you guys are going to be

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experiencing from oversupply because if

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8 000 listings don't get booked you just

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need to make sure that you don't get

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bundled in with that 8 000 listings if

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you're one of the 2 000 or 3000 listings

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that get booked there's going to be a

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reason why and being different is always

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a good plan for short-term rentals

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number two is providing a novel

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experience now this is something that

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you may or may not have active control

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of like for example you can find a

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property that in itself is an experience

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and that's going to be the move like the

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OMG collection on Airbnb shows like

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spaceships and tree houses and maybe a

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house that looks like a boot you know

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something like that and when I did

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market research for a part of the world

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I think it was somewhere near New Mexico

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or Colorado we found that the only

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properties in this one small town and

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I'd remember the town now but I'm not

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going to tell you because I told my

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student to go there this one small town

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has just a couple of properties that are

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crushing it and none of the properties

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are good but the bones of the properties

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were cooled they're like right at the

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foothills of the of like this desert

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mountain spot and even though the

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properties aren't doing anything special

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the furniture is trash their photos are

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trash the two properties have good bones

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and these properties are making a ton of

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money because they offer an experience

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even though the host isn't doing

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anything else but they had just the

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right property in the right spot they're

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going to make the money I was thinking

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about putting buses on these overlooks

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like over by Lake Mead for example

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that'd be really cool there's this this

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downward grade and there's all these

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little spots that you probably could

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pull off and park I need to get some

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Land Management Group to give me permits

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or something like that to park them up

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there but to have fully independent

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solar powered buses overlooking this

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river outside of Lake Mead would be

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super tight that would be like an

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experience now I do think that's why the

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glamping movement got so big but you do

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need to recognize when you're pushing

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into a fishbowl let's call it that has a

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critical mass for size there are people

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who love to backpack there are people

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who love to road trip so if you popped

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up properties off of Route 66 you're

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going to get a certain amount of

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business for people that are road

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tripping route 66. now if you pick

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spaces that are outside of urban

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locations you might get some staycation

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traffic where people are leaving the

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city and these want to disappear for a

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little while for example Glen Rose is a

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couple hours from Dallas and one of my

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friends owns a house out there and

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there's this exotic petting zoo over

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there and people will go down there and

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stay for a weekend or a few days there

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are staycation elements like that

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whether you decide to try to do

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something that's like glamping or

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whether you try to do like a Suburban

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staycation or just a themed property or

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if you try to find a destination where

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there's no good hosts but really good

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balls for properties like I mentioned

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just recognize that you'll be pushing

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into a market that has a certain size

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you're not going to change the size of

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that market by adding your inventory

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you're only going to be taking up share

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of a current existing market so be

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careful there could be ways that you can

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temporarily tap into providing a unique

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experience even with the very regular

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properties that you have like theming

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for Hall qualities can be fun I have

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students that'll set up Christmas decor

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for about 10 weeks of the year to try to

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get a pop from that whole Christmas

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element because people like it and

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there's so few hosts that'll go that

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direction they'll give them a temporary

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advantage in the market and this segues

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into the third area of novelty this is

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one that you can control in large

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sometimes you can't with Arbitrage

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because you can't change a space that

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you rent but you can still choose spaces

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that have these things you can have

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novel amenities after all what is a

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short-term rental it's a place to sleep

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it's a place to make memories it's a

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place to move on from so really it's all

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about the experience at the end of the

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day and competitive under serviced novel

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amenities are where you can go now when

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I teach my students to do market

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research we're looking for one thing

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called under serviced amenities and

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there's a way to for free without using

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something like air DNA to find an

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intersection of amenities that should

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exist with property types but don't

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where a city should have more EV

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Chargers and hot tubs and pet friendly

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or whatever and combinations thereof but

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there's just no listings that have the

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right combinations of amenities see five

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years ago if you simply had a hot tub

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you were cooking if you simply had a

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pool also infused simply at a gym but

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now as we move on and there's more

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Supply we need combinations of amenities

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and not just singular ones if you had a

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beautifully manicured front yard and an

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electronic charger for a Tesla that is

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visible from the same photo in your

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driveway you can show hey this place has

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got a great yard and it's got an

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electric charger this would be a way to

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have a slight combination of amenities

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shown in your hero photo and there's one

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that has been around for years that no

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one's still taking advantage of which is

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Ada accessible spaces there's such an

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under supply of spaces that are

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available for people in wheelchairs

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people on crutches people going through

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medical issues that if you simply got

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your space to level 188 compliant you

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could see a 400 percent increase in the

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search ratio for your property compared

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to others it would be a huge land grab

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that you can take advantage of and this

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is where getting started in this

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industry could be really cool because

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what's happening is that people have

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committed to a line of of value offering

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let's imagine Nokia right they make

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certain types of phones or let's imagine

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Sears they've got a certain department

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store model and they commit to a line

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because they've been making enough money

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with that line they start to build

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systems to really serve that and now

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that they've committed to a structure of

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value creation it's gonna be a little

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harder to change so as you do market

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research right now and you see what

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everybody's doing you're gonna see more

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of the same you'll see people failing

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you're going to see a few people doing

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it right and making some money you can

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get inspired by the ones that are being

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different doing it right you can become

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inspired to be brave enough to do a

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design that no one else will do you'll

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be able to find these combinations of

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amenities that people don't have because

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they're already committed to their

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spaces their spaces are done and you can

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find gaps in the market and create

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beautiful spaces that no one else is

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doing and a good example of finding a

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gap if you find a property that sleeps

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14 people that they committed to this

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beautiful design style right something

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kind of wonky outlandish and fun and

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it's doing really well why not take that

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same design theme but just do it for a

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studio where it could sleep four or five

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people but it's way more price

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affordable that person spent a lot of

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money proving that a design worked and

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now you don't have to take the risk

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right so you can spend a little bit more

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on your design but knowing that it's

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already working with a group of people

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and just do it with a different property

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type that's non-competitive to them your

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property that sleeps four or five is not

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going to compete with the property that

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sleeps 14. so you can do a nearly

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identical listing just a junior version

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of it and you get to win that almost

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seems like cheating doesn't it being

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cost effective price efficient is always

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going to be one of these final stands

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for running your hospitality business

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because I'm going to tell you guys this

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again this is not a real estate Endeavor

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everything that we just talked about has

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nothing to do with real estate itself

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you understand that but you could buy a

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property if you want or you could rent

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it or you can co-host but what color you

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paint the walls what amenities you have

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who cleans your home what your pricing

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strategy is all these things are active

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business management like fundamentals

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these are Hospitality fundamentals I'm

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teaching a webinar on hiring

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housekeepers and the reason why this is

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important is you might have a house that

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it costs you 200 to clean because some

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third party is cleaning it for you if

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you could have your own housekeepers at

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14 15 16 per hour you can cut that cost

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to 30 percent it could cost you sixty to

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seventy dollars to clean the same house

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that somebody's charging you 200 for and

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that 140 dollar per turn savings at the

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end of a month where you do six turns

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gives you over eight hundred dollars of

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savings per month which is eight hundred

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dollars of extra profit per month at 155

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dollars we have a staff count about

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thirty something and we have a lot of

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housekeepers and they're making 14 to 17

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dollars per hour and that allows us to

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clean most of our places for about

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twenty five or thirty dollars per clean

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where everyone else is you know charging

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50 or 60. and this is a huge cost

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reduction so if you want to learn how to

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hire a housekeeper how to train them

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from scratch how to manage them and

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operate at half your housekeeping cost

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then I will be hosting this webinar

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March 21st a Tuesday it will be a

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day-long boot camp and you will learn

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everything that you need to know in

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order to hire and train and maintain a

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housekeeping team that will reduce your

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cost by sixty or seventy percent the

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link is in the bio I'll see you there

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and PS if you have any questions on how

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to run a profitable short-term rental

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business feel free to ask in the

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comments as you guys know I've built

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four seven-figure businesses a lot of

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what I can teach you about how to run

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short-term rentals stems from another

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industry that I've experienced in one of

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my other business Endeavors and one of

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my many failures I've failed my way here

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too guys and that's part of the learning

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process we need to try things we need to

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fail we need to learn we need to do it

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again we win and then we celebrate with

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ice cream so thank you so much for

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watching this video and as always guys

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I'll see you on the other side

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foreign

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[Music]

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