14 Things I Wish I Knew BEFORE I Started Airbnb

When I say Airbnb I also mean Serviced Accommodation, Short Term Rentals, etc!

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Chapters:
00:00 - Occupancy means nothing
01:11 - Location is the most important thing!
02:29 - Supply and demand
04:08 - Guests can be d*cks 🍆
05:21 - Guests don't care about you
07:13 - Growing the business is not easy
08:19 - Booking sites don't care about you
09:30 - Vetting is so important
10:58 - You can't please everyone
12:20 - Guests can be idiots
13:30 - Guests are careless
14:18 - 1 night stays are the devil
15:08 - Keep costs in line
16:10 - Better doesn't always mean better

[davecordnerairbnbcoach]

Get my Amazon No.1 best selling book and Airbnb Starter Bundle at www.davecordner.com 🙌🙌

[FR-tbxh]

As an AirBnB guest, I’ve always preferred to stay at ‘mom-and-pop-nearby’ little houses with kitchens so I could pursue my side passion — cooking. As a homeowner of many years, I’ve always treated my hosts as partners in my renting. The last one I stayed at, I was visiting to see my daughter deliver her first baby. I was planning on making enough big dishes to tide the family through the milestone, and noticed the AirBnB listing lacked a blender or food processor to make my signature Chile Rellenos sauce. After messaging the host, she actually went out and bought a $400 Ninja! Once there, the toilet started running in the middle of the night. It was just a faint trickle, but I knew from experience how a leaky toilet could result in an enormous water bill if gone unrepaired. It was trivial to diagnose the issue as a dried out flapper stopper, and I shut the water to the tank off and informed the host the next day. She was surprised, and scheduled the repair (really an inexpensive DIY project). It led me to wonder, how many prior guests had heard the same trickle during their stay yet never bothered to mention it? Too, I deliberately left my silicone whisk and newly-purchased dried spices with the unit, seeing it lacked them. I think sometimes homeowners make the best AirBnB guests, because they’re more likely to treat the host’s property like their own, and leave it better than it started.

[stonep]

AirBnB used to be so great. It’s turned into a truly awful movie experiance (at least in the US), unless you are booking larger homes for several days. I used to book a basement room or some guest room or a smaller apartment for like $40-$80 a night. Now it’s $200+ minimum with a $100+ cleaning fee and a list of closet chores, rules, cameras, sound meters, etc. Hotels are the way to go 99% of the time for me now.

[andrearamirez-iqqf]

Many new things from airbnb property owners. One thing: if you don’t want guests cooking at your property makes no sense. One of the major points for a person to choose airbnb over a hotel is the amenities they come with against all the services provided at a hotel and let’s be honest, hotel prices are the same as airbnb prices.

[SherriAllen-ny]

I have hosted 2 houses for 7 years. I prefer short term over long term. We have experienced far less damage in comparison. Since we are in our properties frequently we are able to keep them in great shape. Very few repairs

[Linda-bjbb]

Hi Dave. What you are so honest it's scary. I'm just starting out with one property a stone thrown away from the beach. I have watched numerous videos on the subject of hosting, but yours are so good and helpful. Thanks a million from South Africa 🇿🇦

[gaiasgrowinggarden]

If you set up live cameras outside your fine if people start coming over hire someone close to drive up and enforce the rules. I think this is a must if your renting multiple units

[Azurta]

Once we were visiting the US staying at the Airbnb for $2, 600 per month in San Francisco area!!! It was the cheapest 2-bedroom flat with a full kitchen that we could find. We went for it because we wanted to save money on food and cook at home. The rating were 5 stars, the owner was nice but the property.. There was a hole in the bathroom floor, closets were dusty, and sofa was stained (of which this lovely host warned us, to be fair). But the horror came later. When we were moving out, I wanted to be nice and cleaned both rooms, living room, bathroom and kitchen. Then I decided to remove bedding from both beds to make it easier for a cleaning lady… When I saw the mattress, I almost puked. There was no mattress cover and the whole fabric was covered with biological stains of all kind including urine and blood… I was sleeping on it the whole time… I let host know but he was not interested… No more Airbnb for us. Ever.

[timetraveler]

We offer extra services like massages and a tuck in service where the same masseuse will come and sit by you in bed tickle your back or play with your hair, or read you a story till you fall asleep. Those two services alone increased our rentals across 5 properties by 47% over the last 6 months.

[Myster-Man-Channel]

Getting ready to open up our STR located in a rural town that sits very close to Yellowstone, Jackson Hole wy. It was my grandma's house and my husband and I have put so much work into cleaning it out, updating it. We don't have huge aspirations to make millions, just enough to cover upkeep, taxes, utilities so we can also enjoy the home several times a year.

[carloserodrod]

I have been a host for five months and your advice is realistic. I appreciate you share your experience!

[joeywharton]

I like your communication style, just subscribed 😊
Your points are spot on per my personal experience.

[SomewhatHonest]

So glad to hear my experience reflected in this video

[HumbleChilduk]

Gotta give credit where it’s due! This video is absolutely excellent, so informative straight to the point. You don’t know how much people you are going to help with this information. Thanks so much 🤗

[JC-buzd]

Well said. I have a number of long term rentals but no short term. So much of what you say also applies to long term as well.

[KoalaB]

Awesome video, thank you. I'm looking to do Airbnb in Aberdeen, just outside the city centre (suburbia). Hoping to get golfers as guests as it's right on a golf course! Any advice? I haven't bought the property yet but have one in mind that's coming on the market soon. Also, if a guest makes the bills skyrocket by using lots of heating for example, any advice for this?

[AdamNelsen-ib]

Thank you for sharing these tips! Your generous mindset of 'knowledge is power (and should be shared)' rather than a market scarcity mindset is rare and deeply appreciated.

[robynetaylor]

I’ve stayed in a couple Airbnb’s and found that the hosts over decorated. There was so much of their cute stuff on every flat surface, there wasn’t room for my stuff. Irritating to spend my time carefully moving pillows, vases, nic nacs, spare pillows, blankets, linens, small appliances in small kitchens then spending my time putting it back before I left. I check photos and if a place looks cluttered, I don’t bother.

[garyh]

As a neighbor to an AIR BNB I can totally agree that the guests do not care. I share a private road with the AIR BNB making it basically a 2 house cul de sac. It is miserable and my area does not have many laws that I can use in my favor. I can suggest that you ensure the neighborhood or neighbors are not going to be a constant battle. Because as stated, what can happen will happen. it helps to have a neighbor that will assist, not looking for a reason to report you.

[amymeisak]

New subscriber! Great insights! I’m a fellow host and this is all so relatable 🎉 Happy hosting yall