How we DOUBLED the revenue potential of this Airbnb

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If you’ve seen any of our videos over the past 6 weeks then you know that we have been working basically nonstop on transforming our newest property in New Mexico which we’ve been calling the castle.

When we bought the property 2 months ago it was already operating as a short term rental and event space and making around $120k in annual revenue.

We saw big potential in the property, not just because it looks cool but because it was a cash flowing property as-is. Meaning that even if we made zero changes to the design and functionality of the house we’d still do fine.

But we weren’t looking for fine. We were looking to knock it out of the park and bring something new and exciting to the area while maximizing the revenue potential of the house for both short term rentals and small events.

So we’re going to take you room by room today and tour the castle while showing you what we changed in each space, why we changed it and how we think that will impact the potential rental income for the property.

[Alex]

Very elegant update - looks so much better now - I'm sure this project will be a massive success!
Looking forward to see how the bookings go for the various income streams in a future video.

[tammyrussell-rice]

I've got to hand it to you two: the artificial turf looks fabulous! Reminds me of an English garden. In fact, I am loving everything you have done to The Castle.

[hvoelker]

You guys outdid yourselves! Looks phenomenal 🤩

[successwithstacee]

This was incredible! It sounds like the project was so much work but so much fun. When you said there are keys for each door I just imagined so much time that would need to be spent dealing with lost keys and guests locking themselves out. Now I need to plan an event. On one of my recent set ups, there was a bathroom with a door that locked from the inside that needed a key on the outside but there was no key. I immediately changed out the knob so it can be opened if it was accidentally locked. The castle looks amazing!!

[jessicafreese]

Y'all. This is ah-mazing! I cannot wait to hear how this place explodes. You worked so hard, and it shows!

[lost-south-lake-crafters]

Beautiful! Love your upgrades/changes.

[scarletowl]

Beautiful especially ❤️ all the stained glass! Am sure guests will love this unique property!

[meghanco]

wow!!! any idea when this would be ready to host events? your hard work is so incredible!

[fabielouis]

I enjoy your videos, very informative. Thanks for sharing. I just put up my first listing on Airbnb, I can’t wait to see what’s coming up next!

[catherineduncan]

This was a fun reveal!

As an interior designer, I am a little bothered that you kept some things traditional while adding other contemporary furniture. Like the big awesome table with traditional, castle-like dining chairs. But in the next room, the sofas and rug look like they’d be in a modern home. If it’s a castle, I think the furniture should have that feel. It’s all about the castle experience.

[yancie]

I love your videos thank you for the knowledge you give out to the rest of us. I have a question. I’m starting on my first Airbnb and I’m super nervous but I would like to know how would you suggest market the property with local hospitals and local insurance company?

[TikoBlane]

Do you guys havw a community I can join? I love the way you teach and share.

[AlexAlex-gjjd]

What was wrong with the original chandelier?