The HARD TRUTH of Airbnb Investing in 2024

[@RicksCafeAmericana]

Great content! Thank you. I own one rental in an affluent suburb in nor cal and I co-host another in the same area. These are furnished midterm rentals. I don’t get travel nurses. The homes are too big for what they typically need. Occasionally a physician with a family will inquire. But I have managed to have a high rate of tenancy because I charge a fair rate (still $1500 over what I would get for a long term rental). Most of my guests are people moving to the area, getting their homes remodeled, or contracting with an employer for a time. I also keep in contact with corporate and insurance housing agencies and middlemen. Remember, the guest is a customer. Give them first class treatment and build a relationship with them.

[@toasgreece]

Hard Truth as neighborhoods get saturated with homes turned into hotels rents and prices become unaffordable to the people living in that neighborhood with a job where they do actual work leading to local governments banning or limiting them

[@GeoffGroves]

Until the government starts regulating (and Taxing) air bnb mult unit vendors as Hotels. AND THATS WHAT THEY ARE.

[@RexPonder-y6b]

We lost our butts.on our Airbnb in Mexico. No one wants to pay. Everything has gotten so expensive now down here.

[@christobar]

Buying a vacation house in Portugal, excited to start on my STR journey!

[@russellbaker6745]

FED interests are 5.5%. Shelter (which s 36% of overall inflation is 5.4%). It lags 6-12 months. Inflation is now around 2.5%. Without shelter (including insurance inflation), it is 0.1%. America is almost in deflation. Just like the FED WAITED to increase interest rates when inflation was 7.5%. The FED is doing exactly the same in REVERSE. Whether interest rates cuts are speeded up creating a panic, who knows, but with large inventories and low interest rates, people who HAVE to sell, can now sell, and then it will stabilize. IMO.

[@campfit505]

Tony J, do you even lift bro?! lol jk great vid guys, thank you!

[@TheRealEstateRobinsons]

😂 probably not enough

[@campfit505]

😂

[@robynsplittstoesser2782]

I have a landlord in CO Springs, CO interested in talking to someone about leasing to a small airbnb arbitrage biz... any advice on how to find and shop these businesses

[@JasonJFlippingLife]

Loved the video. I have several long-term rentals in the Birmingham alabama area. I am considering turning a few of them that are a 5min drive to downtown into short-term or midterm rentals. What is the ratio comparison of revenue you would suggest to consider changing a property from long-term to short-term?

[@TheRealEstateRobinsons]

It's a bit of a personal decision. But run your analysis and see if the revenue difference is there. Here's another video that we did on analysis kzbin.info/www/bejne/m6bMd3enqZ2iqpY

[@paulnastasi5545]

Hello, my property is currently on VRBO since July 1st. So far I have 3 bookings. Do you recommend Airbnb as well? Thanks, Kevin

[@andrewcannon8552]

90% of our business comes from AirBnB and we have them listed on VRBO aswell.

[@TheRealEstateRobinsons]

Definitely list on both platforms!

[@pooperscooper145]

How’s it going?

[@wildernesscapes]

I don't see the link to your video on more detail about your PMS?

[@TheRealEstateRobinsons]

Here ya go! kzbin.info/www/bejne/naPEg6euh99srck

[@lifehappensfast_21]

Explaining supply and demand😂

[@ElCoronelChannel]

First one on here!

[@admin-dl3dn]

Keep Rocking it!

[@TheRealEstateRobinsons]

Thank you!

[@ihorhordiienko-oj9qp]

Excellent. Our company provides architecture and interior remote consultation services for house flippers and investors.

[@FeliPeltier]

The hard truth is that those who own Airbnbs are helping with the destruction of their communities and the housing market. So, thank you, I guess.

[@romankacin8365]

I used to rent long term. Then my tenant stopped paying rent. Because of pro tenant laws I didn’t have an income for 6 months. But the bank demand I pay my mortgage every month. I almost went bankrupt. I have to look after my family. I don’t feel bad offering my property on Airbnb. The opposite.

[@missmaryjanegreen]

Your problem is with Capitalism so reroute your anger to the appropriate people/institutions, not the hosts.

[@BK-hq7tn]

Equally culpable is spoiled millennials who think they are entitled to cheap rent cause their parents had it, so they refuse to live at home, or get a roommate, to save up to purchase, and they keep paying the exorbitant rental costs. So you're bias if you focus on only one cause.

[@davidmeeks3932]

How is the little guy with their airbnb competing with major hotel chains destroying anything?

[@Mike-n2f8k]

I hope all super hosts......super fail!

[@JoeMarine]

Why?

[@yodajackson9871]

We send our guests 2 messages, A Greeting at the beginning of a stay and a reminder for checkout at the end, I'm curious as to what the other 11 messages would be that you have automatically sent? As a Host and guest, the less correspondence I have with a guest/host, the better.

[@TheRealEstateRobinsons]

Here's another video we did on this topic! kzbin.info/www/bejne/nGTZoHiLpNWhodU