What the Media Isn’t Tell You About the Airbnb Investing “Crash”

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“It’s the end of Airbnb investing! Sell your short-term rentals right away, or risk losing your property! Guests have switched to hotels, and they’re never coming back!” These headlines would be scary if they were true. But in reality, Airbnb and vacation rental investments are doing just fine—but the same can’t be said about all the hosts.

Rob (Robuilt) Abasolo will debunk four of the top Airbnb investing myths that mainstream media loves to spread. As a host with dozens of live vacation rentals across the country, he knows what is ACTUALLY happening in the industry, and if you’re scared for your own Airbnb, Rob reminds you why you should or shouldn’t be. In fact, you can beat the “Airbnb crash” by following some simple tips from the king of Airbnb himself.

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#Airbnbust: The Fall Of Short-Term Rentals:
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The 2023 BnBust: Are Short-Term Rental Hosts in Trouble?
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My wife and I went to Asheville recently and booked an airbnb for two nights and a hotel for the other two nights. We were happier with the hotel. Why? Softer bed, car charger, better amenities, cheaper, nicer furniture.

Knappconstruction
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I appreciate your thoughts and perspective. I've been doing medium term rentals in Scottsdale since 2016 and its a great alternative until everyone in the over-saturated short term rental market decides to switch to medium term rentals and now Scottsdale MTR is becoming over-saturated or at least significantly driving down MTR rental rates to even lower LTR rates!

adrianclapp
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I've been watching a bunch of these videos, and, why does no one ever address Liabilities?? What happens if someone gets hurt, or, breaks items on your property? How is your Homeowner's Policy structured so that you're not on the hook, should things go sideways? Seems like everyones talking about how to make money, but, zero discussion about downsides such as what I described above. Seems to me that, once Humans are added into the equation, everything that can go wrong, will.

colinsdad
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No Change in Jersey City NJ. Still 98-100% occupancy

GP-iskd
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As someone who has 2 sisters running airbnbs in the Atlanta suburbs, i can tell you the bust is real. My sisters have converted over 50% of their airbnbs to long term rentals

blipblop
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Dude, by adding all the extra amenities such as a put course you are adding mote repairs and headaches too for the same return you got in 2019....I have one airbnb left, but have sold my large one and transitioned into multifamily. Less headache more steady cashflow.

rfreeman
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You hit the nail on the head, as the pendulum of profitability/loss swings, people will take advantage of either owners or customers. The 'innovators' will always capitalize first on whatever platform they are on, but bottom line, if you provide quality over short-term 'dark' tactics that others will eventually try themselves and customers become aware of these tactics and eventually avoid those listings...you should always stand out from the average crowd of owners.

makeaniiimpactYT
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I have to tell you, it’s pretty much true. I’m the slowest I’ve ever been. October-November in New Orleans are normally two of my balling out months. I’m renting for June prices, and I’m only renting because I have great reviews of course and I lowered my prices. Everyone’s STR across the city are the same way. Then there’s the new regulations. It’s fucked. Right now it’s a free for all because a judge put a hold on the new rules…but I’m struggling…That city can eat my ass at this point. I’m out. That city was my home for 18 years. I am also so sad because these rentals were my life for 5 years—I remotely self manage. I also manage STRs on site at the beach in the FL panhandle. I also have a 90 stay in NM and that’s new and totally experimental for me but so far it’s staying booked. Anyway, I’m off to work for a corporation (y’all know it) managing other people’s luxury condos for way too little money.

FloraBamaGoneWild
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I live in an area that saw a 150% increase in STRs between 2020-2022. I see 4-8 failed STRs that are listed for sale a week after sitting on the LTR rental market empty for months. This area also has very few restrictions on STRs all they have to do is register with the county.

meganlowder
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That Kiavi only seems to be for the USA

carusmike
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His point on midterm rental is so far off..

My airbnb has zero 30 Day vacancies for the next 16 months.

I couldn't rent it for a month if I wanted to, because they're are already weekends booked for every month.

clifft
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I appreciate the perspective you shared. Thank you

creetz
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I really liked this video! It's true that there's a lot of wrong information out there.

DanKohan
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Been dropping prices lately but its slow season sept to Nov

emanuelcollado
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Haven't seen you vids in a while, you're looking trim sir! Nice one!

JT-mrdb
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If you have rent control, you must rent less than 30 days.

hankhanson
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The bottom line in this business or any business is that if you aren’t evolving/changing as the markets change, your business is dead on the vine.

Short-term rentals are totally fine. Remember that the media exploits fear to sell their stories so it’s best to take most headlines with a grain of salt.

The industry is normalizing, like every business does over time.

GaryGregoryMOBS
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Sorry Rob but your “amenity add ideas” almost prove airbnb rentals have “jumped the shark.” If you’re forced to add a shoddily constructed ridiculously high maintenance putt putt golf course, and also ridiculously high maintenance jet skis to some of your properties???I mean really, if that’s what it takes to be competitive, then what business are you in and what’s next? Oh that’s right, you’re now scrambling to leverage your youtube influence/content creator/bigger pockets following into $$$ any way you can. As you should, but just sayin…Pre-internet, real estate ideas like STR or multi-family would’ve taken decades to become known and saturated with competition. Now that cycle happens in a year with the instant distribution of information to everyone all at once.

Tuberder