Short-term rental co-hosting means managing vacation and short-term rental properties (Airbnb, Vrbo, and similar) on behalf of owners, handling guest communication, booking management, cleaning coordination, pricing optimization, and the intensive day-to-day operations these properties require,...
Log in to followMy first long-term rental closes in six weeks and I've been reading about screening nonstop, but a family friend asked whether I'd run her two-bedroom short-term unit for a cut on…
Rough model I keep coming back to. Eight listings, call it $55,000 gross booking revenue each per year, which is what the market data I can find suggests for a 2 bed near me. That…
I'm still building the owner list rather than managing anything, but every co-host I've talked to this month splits hard on the same question, so I want to see where this room lan…
Portfolio is 12 listings across two markets. Eight in my home city, four in a beach town 90 minutes out. Average gross per listing is around $62k, I'm at 18% on ten of them and 15…
I hold land and long rentals and I don't normally sell services. This one came out of a favor. Someone I've known for years bought six units in a mid-size college market over two…
An owner two towns over has a three-bedroom that's been sitting empty since her mother passed. She wants it on Airbnb and wants me to run it at 20%. I've done long-term units for…
Finished a full gut on a 1920s two bed bungalow for a client, $118k of work, closed out the final inspection three weeks ago. He was going to sell. Now he wants to furnish it and…
Third owner is signing and I still don't have a consistent way of getting paid. My first two are set up with the Airbnb co-host payout split, so my percentage lands in my account…
I've been mapping out what a 20 unit co-hosting book would look like before I take a single owner, and I keep landing on the same fork. Density in one submarket is the operational…
Eleven listings under management at 18% of net rental revenue. Portfolio does about $1.1M in bookings, so the fee line is roughly $198k. One owner holds four of those units, about…
The condo has been rented long term for three years at $1,650. Two bedroom, walkable to a hospital and a small downtown, nothing fancy. Tenant gave notice for April and a co-host…
An operator in my market is winding down after three years and wants to hand me his four short-term rentals. I've been researching this for six months without doing anything, and…
I've been looking for somewhere to put capital and instead an owner I know offered me the operating side. Two cabins, both his, and he wants out of the day to day. 15% of revenue.…
An owner of two units near me asked me to take over management starting February. Both are permitted today. The city has a proposal on the agenda for March that would cap the tota…
Owner of a lake cabin about 40 minutes from me wants me to run it. 18% of what the guest pays, he keeps paying the cleaner and the linen service directly. He told me his policy is…
Two units in a beach market with a permit cap, same owner, both already registered. He's had a co-host who quit in September and he's trying to close the gap before spring. What I…
Two owners I did renovation work for want me running their units next season, and both drafts I've been sent handle pricing completely differently. One says I set rates at my disc…
Structure I'm running on a two-bedroom: guest pays a $135 cleaning fee, my cleaner invoices me $95, I keep the $40 as coordination on top of 18% of accommodation revenue. All of t…
Two bed two bath, 1,050 square feet, lake town, $312k, closing early next month. My plan was long-term rental and I'd have been happy with it. Then I read the HOA rental rules pro…
I mostly read about notes and lending, so this is not my area at all, but a friend asked me to look at a co-hosting proposal for her condo and I got stuck on the first line. The a…