Airbnb Hosting Tips: TOP 5 THINGS I WISH I KNEW WHEN STARTING OUT! 

1. 2 night minimum 2. Dynamic pricing - use beyond pricing get free trial 3. Ask for reviews on checkin how we can make it 5stars 4. Enable Instant book but have requirements favourable reviews and must be an Airbnb verified

Investing in Airbnb properties has been a lucrative venture for me. It's like having your own mini-hotel empire that generates passive income month after month. By carefully selecting the right locations and providing top-notch hospitality, my Airbnb investments have consistently outperformed traditional real estate. I wasn't financially free until my 40s, and I'm still in my 40s. I've got 3 Airbnb's already, earn on a monthly basis through passive income, and achieved 3 out of 5 goals. Investing was the decision I made.

Whoo-hoo! My new Airbnb is now live! It went live at midnight last night, and within 6 hours I had 5 bookings! Thank you so much, Richard, for your videos, they are really great!!

Your videos have helped me reach over $200,000 in stocks by age 23! Thanks STR University. Keep the videos coming. 👍🏽

We travel full-time using Airbnb and love it! One thing I think every Airbnb should offer is coffee. It's a simple thing to supply and really helps us, full-time travelers, out. We can't carry around a coffee pot after all. : )

Rock on Richard! Once again right between the eyes with some sound advice Thank you really.

We truly enjoy the information and I take notes as we listen. Have you put together your airbnb tips book yet? It would be much easier to search under chapter titles than through RU-vid.

I love Airbnb and recently I've been wanting to try out an experiment. I've often been fascinated by the idea of RVs and being able to tour around the US and visit anyplace I want and be very mobile. But then I thought why not use Airbnb to be just as mobile? If you have a good Airbnb location or your home is in a good location for Airbnbs. You can just put your own home on Airbnb when you want to be travelling and just lockup your personal items in a certain room or garage and lease out the rest. The income you make from leasing your airbnb you can use to stay in other Airbnbs all over the world. It's kinda a fast form of home swapping.

Fantastic content & presentation, Richard! Concise, clear and actionable.

Richard, thanks for sharing your knowledge! I became super host during our first 3 months of operations. Thanks for the great advice and tips you are giving in your channel!

If you have an Airbnb, and you’d like to put an arcade cabinet in it, I do a pretty nice build for Umbrella Arcades. Its a modern, wall-mounted unit with most of gaming history pre-installed. The cabinets are hand-made in PA using powder coated steel.

Depending on one stream of income had never made any millionaire and earning check don't put you on forbes

Great info! Thanks for getting to the point.

Super! This was perfect. Straight forward, to the point, useful info.

You, Sir, are the reason we are taking a leapt!

Looking to set up an airbnb part time, in my part time house . This was definitely helpful and I did hit the This was definitely helpful and I did hit the like botton.

This has been very helpful. I have one room almost ready and a second one in transition. Hubby and I are doing this to pad our retirement, so we are newbies to Airbnb. Thank you for helping out in our new venture to give great advice! ;-) Much appreciated.

The most helpful hint is VRBO is the way to go esp. With AIR BNB requiring you to do illegal activity. Been Doing this 10 yrs now VRBO less of an issue, Tenants are usually better and the customer service at least their.

"Success in life is the result of good judgment. Good judgment is usually the result of experience. And experience is usually the result of bad judgment." Tony Robbins

Yes it depends where your place and level also.

Thanks for this valuable information.

Off topic. Is protection needed on the box springs as is needed on the mattress? If covers are on both they tend to slide. Thanks for all your videos. Have watched most. You are an asset to the short term rental business.

well done, to the point with many informational tips thank you

New subscriber - super helpful, thank you!

Wonderful tips. Thank you for this video

Thanks for this great knowledge you just impose in me

thank you! This was really helpful

Here's 1 thing I wish I knew: Airbnb does not care about hosts! I've been hosting since 2014 and anytime there is an issue with a guest where they break stuff or smoke in the house, Airbnb will tell the host there is nothing they can do. If the same thing happens with a guest from VRBO, it's gets resolved. They make sure we don't get screwed. Airbnb only cares about transaction fees which is why if you host on their platform, expect them not to have your back. VRBO on the other hand has been great. And this is based on 7 years of experience on both platforms.

This is good info. The coronavirus has brought a lot of travel activity to a halt. Hopefully it's only temporary hiccup.

Doing a top 5 list seem very simple but is actually very complicated, we do one from the perspective of the person renting.

Very informative! Great video structure

You are amazing. Thank you so much.

Awesome tips.thank you

Straight to the point, thumbs up for me

Thank yo. This was very informative!

Very helpful and inspiring. Cheers.

Great tips, thank you

Interesting videos mate :) Thanks for the info. I am a host myself and some of the tips are great.

Awesome....keep the info coming!

Love it! Right to the point

good advice ... many thanks.

Great tips, thank you.

This is great! Thank you!

Thank you. Very helpful :-)

Thanks for the advice. Nice mo-graph cards too. What are you using?

SO GLAD for this information to get me started... I made an impulse buy on a huge old house for $75K. I'm freaking out about a loan and every thing... but i think there is some real potential here.

wow i was told here in my town fairbanks alaska to avoid airbnb because it was hard to get connected.many of us here do not have such great computer skills and i am one of the worst.so i have chosen b&b.com they seem kinda easy and already a women called from there and told me she was going to give me special help.how wonderful as i really need it!!!this is very very good and lucky for me!!i did contact airbnb last year found it too hard and no help so i dropped the entire idea.well i am sure glad i got rid of the tenant and have spent 4 thousand dollars to fix everything right so now i am willing to give it a try with a good co.who is willing to work with me!!!hha i sound like the kid asking ti get into special help classes!!oh well at least i can make myslef laugh!

you got a new sub!!! thank you so much!!

Good information. Thank you. I need to know how to get into my account to make changes.

I am at holiday towns and weekends get booked as do weeks but never mid weeks alone or rarely so thats only true for cities

What do you do about people challenging payments that they made to you? Telling their bank that it's not a legitimate transaction. Scammers, trying to get a free stay. A friend of mine said that happened to someone he knows.

#Great Tips! Thanks for your video.

If people are ugly. They’re gonna give u what they want to give u. Even if u did ur best.

Thank you bud!!!

Thanks so much for caring and sharing. I am learning so much about maximizing our ARBNB. Which by the way is called "A Wright Place To Stay in Missoula" WE are located in Missoula, Montana, USA. Would appreciate any who will star our rental and put it on their 'wish list.' Judy Helm Wright--Author/Blogger/Intuitive Wise Woman

Great video!

This really helped me

how do you avoid when guests who stay longer than 30 days refuse to leave your property??

Richard do you have a spreadsheet formula that you have to plug in numbers to see if purchase an investment property would be profitable? We are looking in buying our first Cabin in Gatlinburg Tennessee

1:11 love this momment

Individual week nights but batch the weekends.

liked! subscribed! thanks!

Great advice thanks !

Great tips

Thank you!!

How do you get into instant booking. We travel using AirBnB and are highly rated as a guest but not sure if we are part of instant booking. We are about to list a property in the mountains of New Mexico.

I have yet to outsource or ask for reviews. I do allow instant booking but find that people generally book with us need pre-approval

How does Airbnb works when your place is in a different country? I live in Canada and my property is in Vietnam.

Thank you

Great video! If you had a studio apartment with 3 double beds, would you put 1 price for sleeping 6? or make a lower price for 2 ppl ,and add price for every extra person? dilemma... :)

How do you choose the settings for instant booking criteria, I want my guests to have good reviews

Any lock boxes that you would recommend to start with? Thanks in advance! I just subscribed!

I mashed the like button I do what I'm told

thank u

Hello, could you guys advise me if i can trust real estate agent? I am planning to buy my first house for short term rentals and every agent tells me” its very popular area for airbnb” but when i check calendars of comparable houses in area they are almost available, like may be 1 weekend in a whole month is booked, so now i am confused how good of a rental i am buying? and how i could understand the area is renting well and is popular?

Anyone still watch this video?

Would you consider doing a video on what you look for in an investment property?

Really great video.I have just started my journey on Airbnb it is going well. My question is should I be changing the bedding such as bed sheets, pillow case, duvet cover after every guest has checked out. Is this good practice? Also I am looking to help manage other people's property. Should I make the listing on my account or should I create a new Airbnb account on their name and add myself as a co host. Keep up the great work.

Hi there, how do i now send a map and photos to my guests on airbnb? They keep changing it..thanks

How do I get started? Do I have to file paperwork with the parish, county or state I’m in to start my Air B&B Business? I’m just stuck one this one question.

Good morning Richard! I am a new real estate investor in Chicago! I am thinking in buying condos for short term rentals in Airbnb. Do you know a good Airbnb host in Chicago that you recommend?

Why do you use a Dynamic Pricing tool outside of what Airbnb has built into their platform?

I have been hosting since 2013 too. But this week Airbnb is cancelling my current reservations without informing me (or the guests). My guests are freaking out and completely pissed at Airbnb...

What kind of insurance does a BNB require?

Why use the Dynamic pricing or Beyond pricing that charge a fee when Airbnb offers a free a Smart pricing

Does anyone know if its possible to automate a message to ask for a review?

I find dynamic pricing difficult. I use Airbnb`s automated system but I submit the low and high price. I may have to look into this more. Thank you for the video! You lost me at asking for a 5 star review however. Whenever someone does that, that is the last rating I want to give. IMHO, seems sleazy. Let the guests decide on what rating they want to give you. I also think asking for a 5 star review could get you banned at Airbnb (if you are on Airbnb).

Not a fan of instant book. I like the back n fourth

I'm thinking of getting started. I travel a lot and my house is often empty. Perfect for airbnb. Question: Since it is my primary home, what do you do with your personal stuff? (You know, clothes in dressers and closets?) Do you remove them? Or do you put everything into one closet and the garage and lock those up? Just trying to learn how others approach this?

Hello, if someone could help me out in this situation I'd be grateful! I have submitted an experience on AirBnb, it was approved but it says "unavailable" (Your experience has been approved but it's not live yet). I have set availability dates in my calendar and set out a payout method (it's being reviewed). It did not seem to help, it's still unavailable and it doesn't show in the listings page. Anyone knows how to fix this? Thank you!

Airbnb end boss. Are you worried about saturation... Airbnb is trending like Bitcoin circa 2017

I like the video tips, but I would never directly ask for 5 stars. It's likely to make the guest uncomfortable. I agree with everything else though.

Has anyone else had to deal with an HOA with a short-term rental restriction? Does this preclude AirBnB use?

AirBNB or VRBO ?

Hi, I'm a fairly new host on Airbnb. I have miraculously been doing most things right so far. I don't know what to do or how to handle guests staining sheets and/or towels. A set of sheets cost as much as a nights stay and I can't use them once they're stained. How do I handle this? Should I charge guests? It has now happened to me on three different occasions.

How many properties to you actually own, that you co-manage? $500k on rental income alone is quite a bit. Just to confirm, that doesn't include any projects like this when you're monetizing your experience as a host, just on rental income alone.

Hey everyone! Good news ahead. I was recently passing out a couple of templates. These are 2 documents I made for the purpose of taking with me when I went to pitch a landlord. While you can still give a landlord your business card this gave them a brief overview of what I do & specific benefits to them. I made these to help myself get the conversation ball rolling until I got a feel for the type of landlord I’d be working with, and was able to really nail down and further practice selling them the benefits-all while hoping to land the place. It gave me a solid starting point. -One was a type of Landlord Letter introducing myself and what exactly I (as an Airbnb STR host) intend to do with the rented property along with some pros and cons of tenants vs guests. -The second was strictly a benefits page for the landlord, and can be tailored to the type of landlords in your area and you can alter what benefits you want to sell to them, basically. LITERALLY 2 pieces of paper. Simple, straight to the point and leaves the landlord with a clear picture of what happens and how they benefit. And aside from chemistry during the pitch they are physically left with something to help them remember you by and what you do and how you help them. Given the popularity of it, I had considered making it an editable template for anyone interested and simply selling it for only $5. Would anyone be interested? So far the feedback has been all positive, especially for those just starting and trying to get more comfortable with pitching, so that is why I am bringing it up

Hi I Nomonde RasayiI would like to know were to start to open an Airbnb as I m looking forward to open my own business Regards

Helpful.......but I don't agree with prompting guests to leave 5 star reviews. The hidden message is 'anything less won't be appreciated' which means potentially biased and unrealistic reviews for those making bookings.

So 5 star ratings are crap, you ORDER your guest to give you a 5 Star Rating! I would never ask my guest to do that! And guess what I receive 5 star ratings without having to beg for them! Isnt' that what ratings are about, the guest NEEDs to decide NOT YOU. far out