SIX MONTHS on Airbnb: What We Learned + How Much We Made

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Kristen & Michael

Kristen & Michael

Күн бұрын

Пікірлер: 575
@Ky-zp1my
@Ky-zp1my 2 жыл бұрын
Awesome videos, very detailed and well thought out! Thank you! Question regarding checkouts. If you have someone request a late checkout are usually able to make it work or does it throw off the whole schedule with the cleaners and the new people coming in? How do you work your scheduling is it completely open where people can book it one stay after another? Or do you typically block of 1 day between bookings so you have the time you need for a deep cleaning and whatever else you may need?
@kristenandmichael
@kristenandmichael 2 жыл бұрын
If we have someone request a late check-out we text our cleaners as soon as we are asked to make sure they are able to fit it into their schedule. If it won’t work we let the guests know it’s a busy weekend and we hope they understand (usually they do, esp if it is a last min request). We leave the cal open and we do deep cleanings in between guests and block off a day during the week to get in there and do the job ourselves! We do this about once every week / week and a half depending on our work schedules. Hope this helps!!
@Ky-zp1my
@Ky-zp1my 2 жыл бұрын
@@kristenandmichael Yes very helpful! Thank you!
@zalaelle190
@zalaelle190 11 күн бұрын
I appreciate this video! I am looking into starting my first airbnb here in Canada and this has been helpful. Thank you for the in depth video 😊
@neomorphs7583
@neomorphs7583 Жыл бұрын
My friend tim wishes you well he had nothing but kind words to say about yous amazing airbnb owners ❤
@kristenandmichael
@kristenandmichael Жыл бұрын
Thanks so much! Glad you're here :)
@moddified360
@moddified360 Жыл бұрын
😂 Tim’s synopsis was right on. That’s all I’ll say.
@samuelcollinsTX
@samuelcollinsTX Жыл бұрын
Oh my God! Too funny! Tim really is a good Judge of character!
@iamdannygl0ver440
@iamdannygl0ver440 Жыл бұрын
Tim really showed us your true colors about speaking your truth
@WKaliberr
@WKaliberr Жыл бұрын
I came here cause your page got featured on the Tim Dillon show. It was funny.
@TheRetirementality
@TheRetirementality 2 жыл бұрын
Congrats on the house! I have airbnbs in Florida and Puerto Rico. I've been doing it for about 10 years and I retired at 45 and live off my rental income. You'll be very happy you've gone down this path. New Sub.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
That’s awesome, congrats!! Thank you for the support! 🙏🏼
@SelfLoveBoost
@SelfLoveBoost Жыл бұрын
what part of florida?
@TheRetirementality
@TheRetirementality Жыл бұрын
@@SelfLoveBoost Panama City Beach
@SelfLoveBoost
@SelfLoveBoost Жыл бұрын
@@TheRetirementality ok cool. Im by tampa. thank you
@Talk_insurance_to_me
@Talk_insurance_to_me Жыл бұрын
Where in Puerto Rico? I’m looking into doing this in Dorado, PR. But so scared to pull the trigger
@BeastieRaj
@BeastieRaj Жыл бұрын
This channel is a treasure trove of knowledge. Thanks Tim Dillon for introducing me to this channel!
@lewisburton1852
@lewisburton1852 2 жыл бұрын
managing the cleaners and the home in general will get old really quick, oh and add laundry, inside maintenance, normal wear and tear of the house and items, inventory count, bad guests, guests request/demands/questions, trash day 🥵 much success to you guys.
@sheilakilby5162
@sheilakilby5162 2 жыл бұрын
We self manage 3 STR's. Great advise. I get into my property at least once a month to do a deep clean and restock. Also having good cleaners is key. Can't wait to watch you grow your business.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you! And congrats to you guys on 3! That’s awesome 🥳
@b5846967b
@b5846967b 2 жыл бұрын
I think your final point about how this allowed you to enter the realestate market in CA is a big factor. Well done..... This will set you up for your future.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you… we hope so!
@therarebreed8038
@therarebreed8038 Жыл бұрын
Amazing video guys. Myself and my wife watched your video before starting our Airbnb Maple Blue in St. John’s Newfoundland and now we are into our second month. We opened to guests on June 29th and have been booked everyday since and everyday up until Sept 17th (minus days between guests of course) We have had more success so far then we could have ever dreamed possible. Thank you for your tips and tricks and I hope you guys continued success with your listings. Cheers Chad and Janine
@kristenandmichael
@kristenandmichael Жыл бұрын
Oh wow! Thank you so much for the super sweet comment. And congrats on all your success so far! We are so happy we could share our experience with you guys and so happy we could help in some small way. Best of luck on your journey! Keep us updated 👏🏼
@therarebreed8038
@therarebreed8038 Жыл бұрын
@@kristenandmichael No doubt. Will do. Thank You!! 👍
@Ruthta
@Ruthta 7 ай бұрын
Hi Dear, I was wondering how did you start your Airbnb. I'm from NB and looking to start an Airbnb. What advice would you give someone starting?
@Ruthta
@Ruthta 7 ай бұрын
@therarebreed8038 Congratulations 🎉 I'm looking to do research on Airbnb I lived in NB what advice would you give someone looking to start this business? Would you be eligible for a small loan? Who should speak to ask more questions? When buying the house do you have to list the house as a business home?
@kara5958
@kara5958 2 жыл бұрын
Great video!! I’ve commented on your last video about dogs. We have a granny flat that we built on our property but we had a full remodel of our property and had the granny flat built so it’s completely private from ours (fenced off and has their own steps). We did install a spa (guests LOVE this), heated floors in bathroom and anywhere and everywhere I could add luxury, we did it. High end guests want high end amenities. I knew allowing dogs was going to be a big deal, and I fully believe many guests will find “ways” to make sure they can bring their dog, so we just went with it and all of our guests except one had dogs (most have two). I could not agree more with you about spotless cleaning. Luckily, I manage our airbnb and I am in there cleaning the unit with our cleaner when we have to flip it. I also schedule my handyman every 4 months or so to go in and touch up anywhere that needs it. I always am buying new fresh WHITE towels/sheets to replace anything stained. I try to make our unit the absolute best I can and we have been so lucky with being rented all the time (we are at least one month STR due to local laws). I have asked every guest how I can improve on anything and I’ve been surprised with some of the answers but I appreciate the feedback and make changes where I can. I can not stress how great airbnb has been for us. They definitely are more slanted towards the guest than the host but that is their platform and it works. We only built a 725 sq ft one bedroom and we clear anywhere from $6500 to 8G a month. If you guys can swing it, try to get closer to a highly desirable beach town (ours is in San Diego) because the draw is year round for bookings. Best of luck to you!!!!!!!
@Blissiplinedone
@Blissiplinedone Жыл бұрын
Lol at "Love= gas, money, and time" great work guys! Thanks 4 sharing❤️
@tomaqsetoma
@tomaqsetoma 2 жыл бұрын
It's not easy to find youtubers so natural, humble and honest as you are. You are not trying to sell anything and you keep it real and clear. Thank you so much for the video, I found it very informative.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thanks so much for this comment. We are trying to be as transparent as possible about our Journey in STRs. :)
@user-iv6ty3cd5i
@user-iv6ty3cd5i Жыл бұрын
plants are a no brainer. Tons of realistic faux plants on line. Worth it. Also make your check list for cleaners ahead of time and save yourself a headache!
@allenspencer6672
@allenspencer6672 Жыл бұрын
Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if you are interested
@aaronoldchannel
@aaronoldchannel 2 жыл бұрын
What a coincidence - I just found your one month update video today and you also today uploaded the six month update LOL Appreciate the in-depth insights. My wife and I are thinking about grabbing a property to Airbnb but just trying to weigh the pros and cons!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Haha, perfect timing on both our parts! In the long run... hopefully, more pros than cons. Good luck to you guys!
@MultiBthompson
@MultiBthompson Жыл бұрын
Thanks for the sharing, really appreciate it. Best of luck in your venture 🙏
@ashleydempsey-henshoney7583
@ashleydempsey-henshoney7583 2 жыл бұрын
Oh my gosh, do not get a hot tub! It's my biggest regret. I bought a brand new one to put in our airbnb because I felt like we didn't have something to really draw people in. It definitely helps with bookings, especially in the Winter here. But it's soooo much work and such a headache. No one follows the rules and it leads to serious time and money in cleaning. Nightmare.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
This is good info to have! Thank you for your honesty!🙏🏼🙌🏼
@EverydayNutritionHQ
@EverydayNutritionHQ Жыл бұрын
Thank you for the good information. You were more transparent than i would think at the beginning of the video. Greetings from Belgium 🇧🇪
@Abu-Lutfy
@Abu-Lutfy Жыл бұрын
tim daddy dillon entered the chat
@shellypoffley8401
@shellypoffley8401 2 ай бұрын
Thanks for sharing your experience. We've considered being hosts (currently in the research stage), and your videos are very insightful. I can't remember in what video you recommended a wall heater/AC unit. Could you share that again? Thank you! :)
@colinmcgraw
@colinmcgraw Жыл бұрын
Great tips guys! This is something I'm seriously considering. Starting the initial research stages. Little nervous about airbnb laws and regulations - so educating myself there as well.
@kristenandmichael
@kristenandmichael Жыл бұрын
Good luck on your STR journey! Thanks for watching :)
@WKaliberr
@WKaliberr Жыл бұрын
Seems like a nice couple, I wish them well.
@kristenandmichael
@kristenandmichael Жыл бұрын
Appreciate that. No hard feelings here!
@indiablackwell
@indiablackwell Жыл бұрын
Hehe
@kristelwalton3141
@kristelwalton3141 2 жыл бұрын
I've had STR & furnished rentals since 2016 and one thing I've learned is that people spend A LOT of money on their pets. I suggest you consider allowing pets, raise your prices, and that gives you room to offer discounts to guests who are considering your house and don't have a pet. Plus a higher price house draws more serious guests and gets rid of people who don't make decisions based on value. That makes guests happy all around! and people who travel with their pets are USUALLY clean about them.
@allenspencer6672
@allenspencer6672 Жыл бұрын
Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if you are interested
@willtKel1109
@willtKel1109 Жыл бұрын
I disagree. Not everyone wants to stay in a smelly dog house! Slobber and hair all over the place! Gross! No Thanks!
@izakventer3374
@izakventer3374 Жыл бұрын
As a host & co-host of numerous properties, I always make sure I have both options available to my clients when it comes to pets & kids.
@albinothug
@albinothug Жыл бұрын
@@willtKel1109 must send pics of dogs for approval
@tamaskalman1939
@tamaskalman1939 Жыл бұрын
We have a dog at home but i don’t want to rent a place with dog hair all over the place.
@MsBush-zi4gd
@MsBush-zi4gd Жыл бұрын
Saw these two on tim dillons pod cast. Hilarious.
@thattannerguy856
@thattannerguy856 2 жыл бұрын
I'm in Denver. Started Airbnb May 2021. Made about the same in my first 6 months. Learned a lot. 2br 1ba, use pricelabs. Reinvested my money too. Huge expense of $15,000 to completely gut the backyard and landscape it, let alone buying a grill, outdoor furniture, firepit. Had over $4K repairs already this year too. But hey, it pays my mortgage after all expenses paid and sometimes and as much as more than 2X my mortgage. Congrats!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
So glad you're having a positive experience as well and we're on track with what you're doing in your first year as well. That's comforting to know! Best of luck to you and your STR!
@ellamaurergraduation
@ellamaurergraduation 2 жыл бұрын
I'm renting out my condo annually in Denver (Aurora actually)... the market is crazy, pricing is crazy & I honestly don't think the market is far off from CA. What I'm currently collecting for rent is DOUBLE+ my mortgage on a 2/2. It has legit been a huge blessing, allowing upgrades, double payments, and ultimately financial security 🙏💖🙏
@alexannatv5754
@alexannatv5754 2 жыл бұрын
Привет! Мы в Centennial, CO. Ищем инвестора из Colorado или другого штата, хотим переехать в горы и принимать гостей в доме,в который купит инвестор. Если заинтересованы, то пишите пожалуйста. Спасибо 🤗
@jalensykes5677
@jalensykes5677 2 жыл бұрын
I’m also in Denver, I just recently acquired an LLC and am looking to get into short term rentals. Any advice for someone just starting out?
@MegaBuzzedGaming
@MegaBuzzedGaming Жыл бұрын
@@jalensykes5677 check their 1 month update video
@001yinkus
@001yinkus Жыл бұрын
A few questions: 1. Where is your property located? 2. How many bedrooms are in the house?
@adelitavalle1852
@adelitavalle1852 10 ай бұрын
I been in some of the AirBNB homes, and deep cleaning is so important.
@kristenandmichael
@kristenandmichael 10 ай бұрын
10000%
@CyrusMurphy
@CyrusMurphy Жыл бұрын
That's why we went with barrel sauna over hot tub. Don't want to deal with maintenance, cleanliness complaints, and higher electric and water bills. So happy we went that route
@kristenandmichael
@kristenandmichael Жыл бұрын
How much does the sauna require clean/maintenance? We have a sauna at our personal home but think it’s prob too hot the majority of the time in the desert to justify one
@CyrusMurphy
@CyrusMurphy Жыл бұрын
@@kristenandmichael At first, it tripped the breaker every few weeks but once we figured out where moisture was coming from and sealed it, maintenance has been zero. Our cleaner spends 5 min with a portable vacuum in between guests. And once a month we deep clean it
@nathanroberson
@nathanroberson 2 жыл бұрын
Here in Louisville I only spent $1500 renovating a shotgun house in the restaurant district. And regularly have income double the house overhead. A large place to be able to tweak the mathematical equation of profit is spending very little on the renovation. I found that keeping things clean is more important than having new things.
@jayr1170
@jayr1170 Жыл бұрын
Amazing that this wonderful lesbian couple can help others achieve their airbnb dreams ❤
@michelleachacoso4983
@michelleachacoso4983 2 жыл бұрын
Thank you kindly! I appreciate your transparency! Hope you all are wildly successful!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank YOU for the support! :)
@swicheroo1
@swicheroo1 2 жыл бұрын
I just got notice of my VRBO Pay Out. It doesn't get old. One thing for viewers to consider in terms of profit: Your mileage will vary! So for me, the numbers you guys have recounted are great--and realistic--but don't reflect my numbers as a host in nearby Los Angeles. Ohio, Alabama, or Florida--they all have variable rates and profit margins. So, look at the comps in the area where you will actually set up your operation. And that will provide you with a realistic benchmark!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Yes! Thank you fellow STR’er! We make sure to say we are in the Joshua Tree area in the intro so hopefully viewers will know where we’re at.
@mens_essentials
@mens_essentials Жыл бұрын
who else is here because of the Tim dillon podcast?! Imagine calling cleaners "weeds".
@karen_y_andres
@karen_y_andres 2 жыл бұрын
Congrats! you inspire me all the time!... please !! Share the rute for deactivating the airbnb service fee ? Please !!!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you and yes, the direct website link is in the description of this video!!
@sammysolis8495
@sammysolis8495 2 жыл бұрын
The whole pet advice is really good . Had someone sneak their pet in and after they checked out, they said it was a service animal. I placed that lack of transparency on their review despite me reviewing them well. I had told them to let hosts know next time. Can’t assume it’s ok without consent .
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you so much! Yeah, that's not very cool. But it's nice of you to let other hosts know.
@brianwood155
@brianwood155 2 жыл бұрын
FYI: Guests do not need to inform the host if they are bringing a service animal.
@smokymountainlookout5287
@smokymountainlookout5287 Жыл бұрын
What about a pet cleaning fee. Can’t we charge that fee even though it is a service dog?
@chrisrojas9455
@chrisrojas9455 Жыл бұрын
@@brianwood155definitely should lol
@CourtneyRobinson
@CourtneyRobinson 2 жыл бұрын
I’ve had an Airbnb for three years in Arkansas on our property, a ranch. We are located in a national park. I am a little confused about the service fee. I did some research and I cannot find where to lower it. Currently it looks like it’s about 15%. I hate that we charge $115 per night for our little studio cabin and people have to pay $40 for two nights in service fees. We’ve had the same issue with pets, I get asked all the time. I’m very clear in our listing that we have Donkeys and that if someone’s dog got loose it could get killed. We are also an allergy free unit due to family members who stay there. When I say this I have no problem. I learned the same about amenities. I have guest occasionally suggest things like bird feeders that would be a lot of work and I just say “Thank you for the feedback.” I also learned that putting fresh fruit in the house is a waste of money. And 100% on the cleaning. I try to clean mine randomly between the cleaners just to find things that may get overlooked. One thing I have found with the hair is lint rollers on the sheets are so valuable. I love your honesty and authenticity.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
In the description of this video we link to a video that shows where to adjust service fee, it’s not lowering it it’s just switching it so that it doesn’t come out of your pocket. And same, we have coyotes that run through our property so we don’t want anything to happen to anyones pet but all we can do is warn them to be cautious. Thank you so much for watching. 🙏🏼
@CourtneyRobinson
@CourtneyRobinson 2 жыл бұрын
@@kristenandmichael thank you so much. Somehow I overlooked it. I will watch.
@Boubacar-Basse-dev
@Boubacar-Basse-dev 7 ай бұрын
I love the honesty, your genuine vibe really makes me wanna follow you guys for more : ) keep up the hard work !!
@kristenandmichael
@kristenandmichael 7 ай бұрын
Thank you so much!!
@thepricklyonesbyyanawhelan
@thepricklyonesbyyanawhelan 2 жыл бұрын
Good to be here! I like this video, very educational and informative...I am taking notes. I am an REI with multiples LTR but looking to expand my endeavors into the STR.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thanks for watching!
@lostislander253
@lostislander253 2 жыл бұрын
I am about to start my AirBnB journey in the next few weeks..... you guys are awesome, thank you for this video!!!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thanks so much for the nice message. Best of luck on your journey and let us know if you have any questions. If you want you can sign up with this link and get $40 and you can message us through airbnb if you have any questions setting up your account. www.airbnb.com/r/mchaelm9
@danielho3347
@danielho3347 2 жыл бұрын
Thank you for sharing the tips. Awesome videos. Very valuable!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Glad you like them! Thank you so much for watching.
@yugantshekhar782
@yugantshekhar782 5 ай бұрын
Great video guys! Helped alot I am going into this business and I think your channel will be really helpful.
@stephaniemulroy2541
@stephaniemulroy2541 Жыл бұрын
Would you ever buy/build a brand new house to air BnB? We are debating if it is better to get a fixer upper or just purchase land and build. I like the idea of knowing there will not be issues with new but also worry a new house will get trashed. Costs will be slightly higher for new but also won’t take months to do our own renovations. Thoughts?
@rachaelmoran5205
@rachaelmoran5205 Жыл бұрын
cant wait to watch this. I'm still clearing my mums today in NZ and listening to you guys.
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you!
@tommccoy6708
@tommccoy6708 2 жыл бұрын
Here is an idea for you. I am setting up an Airbnb and wanted outside plants. You guys should look into a Blumat system. Perfect for miro irrigation. I have the best looking plants on the street.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Wow! The Blumat system is actually really cool. I'm curious if there's a way to hide the water source so guests can't see the long tube running out of the pot (for inside plants). Thank you for sharing! We had no idea.
@hugoleivaa
@hugoleivaa 2 жыл бұрын
Thank you guys for being so transparent, especially with your numbers. Y'all rock! Keep it going!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We appreciate that! It's always scary to share but it's our truth... we did have one more month of $ we did not include which is in our first month on Airbnb video. Thank you for your support!
@deafdaoboy
@deafdaoboy Жыл бұрын
Tim Dillion absolutely roasted you on his most recent show 😂
@kristenandmichael
@kristenandmichael Жыл бұрын
Absolute toast. It was amazing!!
@Jbone306
@Jbone306 Жыл бұрын
I am also friends with Tim. Sounds like you two might be getting some new subs and comments.
@kristenandmichael
@kristenandmichael Жыл бұрын
We love a good roast at our expense so no hard feelings here 🙌🏼🤍
@TJ-th9hw
@TJ-th9hw 2 жыл бұрын
Congratulations on your 6 months anniversary on Airbnb. I appreciate your openness about the setting up of the property and the numbers. I really love the fact that you’re working side by side. It’s Powerful! All the best to you both. 👍👍
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you all around! We have realized we’re a good team, that’s for sure. Thanks again!
@sophiathe380sl
@sophiathe380sl Жыл бұрын
This is a very helpful video. It shows that it’s a lot of freakin work. I’m also have real estate in southern cal. Passive income is great when there isn’t much work to it but you guys sure are working hard for that money. Also, 4k income is great but you didn’t mention the purchase price. I’d like to know the return on investment so you can compare short term vs long term rentals. I hope Joshua Tree houses are in the 250s. Thanks!
@jeannelinenbach305
@jeannelinenbach305 Жыл бұрын
We are just starting waiting to get our local license...super excited
@kristenandmichael
@kristenandmichael Жыл бұрын
Congrats & good luck! 🙌🏼
@mfnannygram
@mfnannygram 2 жыл бұрын
Well done, kudos to you both! An incredible amount of hard work and effort goes into maintaining and managing a vacation rental (been there, done that)... But in a market like CA, such a smart way to get into the real estate market. Best wishes for continued success. And can we all just say how much we love good guests...!?
@necromeowcer1672
@necromeowcer1672 Жыл бұрын
Haha youre both psychopaths. Thank god for tim, this video was funny!😂
@jackt.2516
@jackt.2516 2 жыл бұрын
Love how transparent and honest you guys are about this entire process. Thinking of going into it but don't know the startup costs of owning an Airbnb property VS renting out someone else's property. Do you guys have a Vlog on the startup costs? Why buy a property in the Cali desert vs Miami, LA, etc? Would love to hear your take! Thanks for doing this and I wish you much success!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thanks so much! The start up costs are significantly lower if you can airbnb a rental property but that comes with its own caveats. You're also limited on what you can do in terms of decorating and remodeling. I don't think we did a vlog on the start up costs but it was somewhere around 60-70k (that's off the top of my head) but some people spend way more. We chose Cali desert because we love it out there and we wanted to buy in some place we loved and could use if we ever needed a break from the city. Thanks for watching and let us know if you have any questions and we'll try our best to help :)
@jackt.2516
@jackt.2516 Жыл бұрын
@@kristenandmichael Thanks so much for the quick reply! I think (IMHO) a video on the costs associated with the start-up costs, location scouting for max revenue, etc. would be so helpful for those looking to get started. Appreciate you guys!
@pauljasmin8383
@pauljasmin8383 2 жыл бұрын
You, too, have inspired me to open my own Airbnb property. You guys are so honest and open about your mistakes and good things , and I really appreciate it. Keep these types of videos coming. Keep up the good work. Also can you guys make a video how you list your property in Airbnb?
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you, Paul! That really means a lot to us. Congratulations & good luck to you on your STR journey! Definitely keep us posted on the progress. We wish we had filmed a step-by-step on how to list your property when we did it initially but maybe if /when we launch another one, we will! We have a "create your own direct booking website" coming in the next week or so, so keep an eye out for that!
@andrewmerrill9676
@andrewmerrill9676 2 жыл бұрын
Love the video guys! Question, are the figures you stated after deducting your expenses or were they gross revenue before expenses? TIA!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you!! These #s were before we took out expenses. All gross - but we did touch on roughly how much we spend on things in this and our latest vid!🙏🏼
@daniellacaetano1
@daniellacaetano1 Жыл бұрын
First, you guys are so cute and have such a nice/kind approach. I have been thinking about to get something around Joshua Tree and you both are inspiring me!
@kristenandmichael
@kristenandmichael Жыл бұрын
Go for it! Thank you for being here :)
@fraudsfighterscam
@fraudsfighterscam Ай бұрын
Love ur honesty!
@LearnEnglishwithTrev
@LearnEnglishwithTrev Жыл бұрын
Good advice bad guests need to know about them.
@allenspencer6672
@allenspencer6672 Жыл бұрын
Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if you are interested
@Evanthebat15
@Evanthebat15 Жыл бұрын
New subscriber! Thank you so much guys for your videos. This is something we are looking into for short-term and might turn long-term. These videos have been extremely helpful.
@josephputnam7586
@josephputnam7586 Жыл бұрын
I reserved an Airbnb a few months ago. 3 days later I had to cancel. lost over 700 dollars and part of it was a cleaning fee. So, I didn't stay but got charged like I did. Weird fees kind of go both ways.
@allenspencer6672
@allenspencer6672 Жыл бұрын
Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if you are interested
@christianrussell-hb4of
@christianrussell-hb4of Жыл бұрын
I really enjoyed your video and learned a lot. One thing I've been doing is trying to find the perfect 'smart lock' do you have a recommendation on one? The reviews I've been seeing go both ways on a lot of them.
@kristenandmichael
@kristenandmichael Жыл бұрын
We do like the one we have, its a Kwikset Halo but if we had to do it again, we would get one with physical rubber keypad. The touch screen confuses some guests. But any of the Schlage, Yale or Kwikset ones all work. But make sure you get one you can control remotely, just in case something happens and you can lock it or unlock it from wherever.
@LM-ily
@LM-ily 2 жыл бұрын
My partner and I are doing the same thing. It was the only way we could ever see owning a home with housing prices being so crazy. We converted our house into a duplex, we live in one unit and Airbnb the other. It’s been a lot of work but worth it.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
That’s awesome! Congrats to you guys! Yes, we feel you on how much work it is to run it all but again: so worth it!
@ryuhouse
@ryuhouse 2 жыл бұрын
That’s what I exactly did! Congrats - that’s I was able to quit my job :)
@JaimeLynn2002
@JaimeLynn2002 2 жыл бұрын
I adore y’all 💜💜 Great Job!! It’s hard work owning & self managing. Those numbers are fantastic!! 💜
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you so much for watching and we appreciate the support :)
@herplace9827
@herplace9827 Жыл бұрын
Beautiful Couple. May God bless you both on this journey!
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you 🤍🙏🏼
@kyleDhoman
@kyleDhoman Жыл бұрын
Tim Dillon brought me here. Thanks Tim
@kristenandmichael
@kristenandmichael Жыл бұрын
Hahah it's an honor to get roasted by Tim!
@Cali_Girl1
@Cali_Girl1 2 жыл бұрын
Can you make video about airbnb insurance requirements, and permits, and other fees/costs associated with airbnb property.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
This is a great idea! We'll put it on our list of video ideas. Thanks so much
@Cali_Girl1
@Cali_Girl1 2 жыл бұрын
@@kristenandmichael Thank You. I look forward to watching. It.
@universalenergy8060
@universalenergy8060 Жыл бұрын
@@kristenandmichael wow will appreciate that looking forward for that.Thank you for the great video
@d00dl3SEd
@d00dl3SEd Жыл бұрын
Haha y’all got roasted on Tim Dillon
@kristenandmichael
@kristenandmichael Жыл бұрын
hahah We thought it was hilarious!
@wesleytarver629
@wesleytarver629 Жыл бұрын
Way to be a good sport.
@savann.sun1980
@savann.sun1980 2 жыл бұрын
You guys rocks and congrats for all the steps you did. The story gives me some excitement and a little bit of anxiety.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Hahah thank you so much. Appreciate you watching our journey!
@toloveandrestore2472
@toloveandrestore2472 2 жыл бұрын
Thank you so much for all the details! This is like airbnb academy! Can you please give us details about your down payment and how much you spent on renovations? I’m saving for a STR and I would love to be properly prepared! Thank you so much 😊
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Wow! You’ve really. Even going through all of them! Thanks so much for watching. Down payment was 40k (we only put 10% down) plus closing costs which was about 9k. Then we put about 10-15k into renovations and upgrades, but wish we could have done more, but we were maxed out at the time.
@ScottLabenski
@ScottLabenski Жыл бұрын
let me guess...we pay a 200 dollar cleaning fee but are required to clean it all ourselves as guests
@kristenandmichael
@kristenandmichael Жыл бұрын
Ours is only $130. And we only ask you clean your dishes and put your trash in the bin out front.
@poisondamage4564
@poisondamage4564 Жыл бұрын
@@kristenandmichaelYou're telling me I'd have to pay $130 and do a few chores? Hotdog!!! Count me in!
@STR_360
@STR_360 Жыл бұрын
Lovely video ! Great tips ..
@kristenandmichael
@kristenandmichael Жыл бұрын
Thanks so much!
@kmprash
@kmprash 28 күн бұрын
thanks for video, i am planning to set up one. typically how much property management company's charge if owner dont want to manage anything.
@kristenandmichael
@kristenandmichael 28 күн бұрын
We haven't used property management companies but we've heard they charge about 15-20% for STR.
@kmprash
@kmprash 28 күн бұрын
thanks very much. similar lines how much comission airBnB takes.
@juliegeorge8533
@juliegeorge8533 Жыл бұрын
What a lovely young couple you are! Very best wishes in all your endeavours xx
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you! You too!
@libertysprings2244
@libertysprings2244 2 жыл бұрын
Very good video. You guys make a great couple working together on your dreams. The journey is half the reward.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Exactly! And thank you for the love! 🤍🙏🏼
@nathan_johnson
@nathan_johnson Жыл бұрын
Tim Dillon anyone?😂😂
@ncik33195
@ncik33195 8 ай бұрын
He’s spot on lmao
@adinnagy2015
@adinnagy2015 2 жыл бұрын
Great video. Definitely is inspiring as I’m trying to start an air bnb arbitrage business. I am curious though, is this you’re only property or do you have multiple properties you list on air bnb
@kristenandmichael
@kristenandmichael 2 жыл бұрын
This is our only property right now, we are at the beginning of our journey and documenting it along the way.
@adinnagy2015
@adinnagy2015 2 жыл бұрын
@@kristenandmichael nice! Do you think it would be doable to manage one property while working a full time job?
@adinnagy2015
@adinnagy2015 2 жыл бұрын
@@kristenandmichael nice! Do you think it would be doable to manage one property while working a full time job?
@nathanroberson
@nathanroberson 2 жыл бұрын
I’d be interested to learn how long you’re going to have to run your Airbnb to recoup your renovation costs.
@Praenuntium
@Praenuntium Жыл бұрын
Regards from Tim Dillon.
@kristenandmichael
@kristenandmichael Жыл бұрын
Ah, Thanks Tim
@brycehall4995
@brycehall4995 Жыл бұрын
Omg Tim Dillion got me here😂😂😂 dear god
@Investlyy
@Investlyy Жыл бұрын
well done you both doing amazing job, Airbnb has revolutionized the way we travel and experience new destinations,watch for more :)
@PatriciaNguyen-r5g
@PatriciaNguyen-r5g Жыл бұрын
great video! Which app/site do you recommend to sync calendars for airbnb and vrbo, for example?
@kristenandmichael
@kristenandmichael Жыл бұрын
We sync everything through our direct booking website which is hosted through Lodgify
@josemoran2273
@josemoran2273 5 ай бұрын
My wife and I just bought a property out of country and wanting to do airbnb. But not sure where to start and what type of softwares we will need to make it work out.
@vancityflyguy
@vancityflyguy 2 жыл бұрын
awesome content guys! Thanks for sharing
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thanks for watching!
@JimBurch
@JimBurch Жыл бұрын
Who's here from Tim Dillon 😆
@MsGlamourGrace
@MsGlamourGrace Жыл бұрын
I love your guys Thanks for share all those your experiences. It helps a lot I’m ready for my 1st AirBnB in Austin . Nervous and excited at the same time Hopefully things will goes smoothly
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you for watching. We were so nervous our first time hosting too, but you're going to be just fine! Let us know if you have any questions.
@tamaratravels44
@tamaratravels44 Жыл бұрын
just as long as you break even at the very least, its worth it - then in time, once you learn the ins and outs, you can really make good money.
@kristenandmichael
@kristenandmichael Жыл бұрын
100% agree!
@kirk1canedo
@kirk1canedo 2 жыл бұрын
Great video guys. What do you think about Airdna?
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We used it when we were looking at getting into the market. It's a great tool but easy to get stuck in analysis mode while using it. Wish it had built-in smart pricing as well, but we found out it's a separate service.
@altheanewman9867
@altheanewman9867 Жыл бұрын
You guys are so real and so pleasant to listen to. I appreciate all the advice!
@kristenandmichael
@kristenandmichael Жыл бұрын
Thank you for watching! 🫶
@yurimlrs
@yurimlrs 2 жыл бұрын
Very good video! Loved it. Keep it going!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Keep on keeping on is what we will do! Thank you for the support!
@Winston118
@Winston118 Жыл бұрын
I am so happy I found you two. I bought a course from some guru couple that teaches Airbnb and long story short I had to schedule a fraud charge for 6k, I just learned more from this 17 minute video than that entire course haha, keep up the good work 😋
@allenspencer6672
@allenspencer6672 Жыл бұрын
Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if you are interested
@scottfitzgerald6299
@scottfitzgerald6299 2 жыл бұрын
Thank you so much for sharing. My wife and I purchased our first investment home as an ABB. 20 days into the renovation. Hopefully be ready in three to four months. I’ve learned so much from you guys. Thank you so much for such great content. Keep it coming!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
You guys got this! It’s so much work but you will be so proud of yourselves. What an exciting (and taxing time🥵)! Just know it’s temporary and KZbin everything if you don’t know how to fix something lol and give yourselves some grace. We bickered A LOT during reno bc neither of us knew what we were doing but it def made us stronger and better at working together. Congrats and good luck!!
@1Cor13-13
@1Cor13-13 2 жыл бұрын
Can you please share where to find the information about getting rid of the extra airbnb fees?
@kristenandmichael
@kristenandmichael 2 жыл бұрын
There’s a video on how to find it in our description!
@1Cor13-13
@1Cor13-13 2 жыл бұрын
Thanks for that, my husband just told me to contact you, didn't realize it was already there...blessings to you!!
@thechosenfxtm1069
@thechosenfxtm1069 Жыл бұрын
@@1Cor13-13 Welcome to our comment section, I can make you a profitable airbnb investor with zero risk Reply if interested
@comelon3
@comelon3 2 жыл бұрын
Great video, I was wondering how much do you pay for cleaning.? Do they charge you extra for laundry..? Thanks!
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We pay our cleaners $130 and only extra if they have to take laundry with them to get it all caught up, but that is pretty rare.
@christheodorou31
@christheodorou31 2 жыл бұрын
Thanks guys for open honesty! Wish you the best! You both are amazing
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you! Good luck to you! 🙏🏼🙌🏼
@kimberlindy
@kimberlindy 2 жыл бұрын
So helpful! I can't help wondering, you said you are netting roughly $1600 a month if I heard you right. Have you compared this to making your place a long term rental? That way the cleaning, laundry, utilities, yardwork, toiletries and furniture is on the tenant, so WAY less to manage. We've been currently doing long term rentals for the past ten years, and as of today I am investigating if making a few of them short term makes sense. My biggest hang that had prevented me from even considering doing short term not knowing where can I find good cleaners who will show up at the day and time they are needed, since they are hard to find for tenant turns in our long term rental.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We agree, that long term rentals might make sense for some people and financially with these numbers also. But as we grow we plan on adding more features to the house that will allow us to charge higher prices that we can't get in the area. We also like using the property ourselves because we love the area whenever we need a break, so selfishly we don't want to do LTR right now. Great insight, we appreciate your comment!
@ColleenGregory-q2k
@ColleenGregory-q2k Ай бұрын
How do you keep track of the items in your home to prevent theft?
@taniaviel6505
@taniaviel6505 2 жыл бұрын
Thank you guys for sharing your experience. I'll begin a change in my apartment in Sao Paulo and I'll put it on Airbnb again for the weekends only, as I'll have to live there during the week. Anyway, you gave me new insights! I am from Brazil, but I already lived in California. I'd love to visit you some day.
@kristenandmichael
@kristenandmichael 2 жыл бұрын
Thank you so much and best of luck!!!
@zakriakhan2752
@zakriakhan2752 Жыл бұрын
Thank you so much for this insight!!!!
@kristenandmichael
@kristenandmichael Жыл бұрын
You are so welcome! Glad it was helpful 🙌🏼
@DaydreamAboutNiceThings
@DaydreamAboutNiceThings 2 жыл бұрын
You guys have the best Airbnb channel on YT. Real deal !
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We appreciate this so much! Trying to be as transparent as possible... which can be hard to find!
@drewclayton5642
@drewclayton5642 2 жыл бұрын
Back up a sec ... the extra service fee. Thanks for sharing the other guy's video, but the Service Fee tab isn't in account settings anymore. Anyone know whether it was removed as part of the Winter 2022 update and the thing where they're showing the full price up front?
@kristenandmichael
@kristenandmichael 2 жыл бұрын
We put the link on how to get there in the description of this video, let us know if that helps! Good luck!
@drewclayton5642
@drewclayton5642 2 жыл бұрын
@@kristenandmichael thanks. I watched it, but the whole Service Fee tab he shows isn't in my settings. His video is from last year, so I'm not sure whether Airbnb made a change or what.
@heatheraw
@heatheraw 9 ай бұрын
@@drewclayton5642did you ever get that figured out? I was looking in comments for something on that setting. Wondering if we’ve been paying more service fee all this time than what’s necessary.
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