Realtor · FL · Member since 2020 · 225 posts · 101 votes
Hi everyone,
I'm a real estate investor and realtor based in the Orlando area and I've recently been focusing more on the short-term rental side of the business. I currently manage a few Airbnb properties and have been really interested in learning more about the co-hosting / STR management model and how others have grown it successfully.
One thing I’ve realized is that this business seems to grow fastest through collaboration and shared knowledge, so I wanted to reach out here and see if anyone would be open to connecting.
A few things I’d love to learn from others who are doing this at scale:
• How you found your first few co-hosting clients
• Systems you use for pricing, messaging, and automation
• How you structure management agreements and fees
• What helped you grow from a few properties to 10+
I’d also be happy to share what I’m seeing in the Orlando market and some of the strategies I’m experimenting with on the management side.
If anyone here is running a co-hosting or STR management business and is open to connecting or sharing insights, I'd really appreciate it.
Thanks in advance, always grateful for the knowledge shared in this community.
Realtor · FL · Member since 2020 · 225 posts · 101 votes
5mo
Interesting question... No license is required to do Airbnb co-hosting. That said, I am a licensed realtor, and the property management company I work with carries insurance. Airbnb also provides its own host protection coverage, and most property owners already have their own landlord insurance as well.
The policy I use is specifically for my co-hosting operations, so it wouldn't directly benefit the owner, but it does protect my side of the business.
Out of curiosity, do you currently host on Airbnb, or are you just keeping an eye on things here on BiggerPockets?
Interesting question... No license is required to do Airbnb co-hosting. That said, I am a licensed realtor, and the property management company I work with carries insurance. Airbnb also provides its own host protection coverage, and most property owners already have their own landlord insurance as well.
The policy I use is specifically for my co-hosting operations, so it wouldn't directly benefit the owner, but it does protect my side of the business.
Out of curiosity, do you currently host on Airbnb, or are you just keeping an eye on things here on BiggerPockets?
Actually Adrian STR management in FL falls under DBPR - Division of hotels and restaurants. They regulate STR licensing whereas FREC deals with Real Estate Licenses and non transient rentals defined as over 6 month and 1 day.
Interesting question... No license is required to do Airbnb co-hosting. That said, I am a licensed realtor, and the property management company I work with carries insurance. Airbnb also provides its own host protection coverage, and most property owners already have their own landlord insurance as well.
The policy I use is specifically for my co-hosting operations, so it wouldn't directly benefit the owner, but it does protect my side of the business.
Out of curiosity, do you currently host on Airbnb, or are you just keeping an eye on things here on BiggerPockets?
Actually Adrian STR management in FL falls under DBPR - Division of hotels and restaurants. They regulate STR licensing whereas FREC deals with Real Estate Licenses and non transient rentals defined as over 6 month and 1 day.
Interesting, I haven't heard of that. So do you just need to have a real estate license with DBPR or is it a separate thing?
Interesting question... No license is required to do Airbnb co-hosting. That said, I am a licensed realtor, and the property management company I work with carries insurance. Airbnb also provides its own host protection coverage, and most property owners already have their own landlord insurance as well.
The policy I use is specifically for my co-hosting operations, so it wouldn't directly benefit the owner, but it does protect my side of the business.
Out of curiosity, do you currently host on Airbnb, or are you just keeping an eye on things here on BiggerPockets?
Actually Adrian STR management in FL falls under DBPR - Division of hotels and restaurants. They regulate STR licensing whereas FREC deals with Real Estate Licenses and non transient rentals defined as over 6 month and 1 day.
Interesting, I haven't heard of that. So do you just need to have a real estate license with DBPR or is it a separate thing?
scratch that looked it up, you can manage you just can do certain things like manage money, and put management in your title. Thats when a real estate license is needed. Thats what I meant when I was saying it was not needed.
Interesting question... No license is required to do Airbnb co-hosting. That said, I am a licensed realtor, and the property management company I work with carries insurance. Airbnb also provides its own host protection coverage, and most property owners already have their own landlord insurance as well.
The policy I use is specifically for my co-hosting operations, so it wouldn't directly benefit the owner, but it does protect my side of the business.
Out of curiosity, do you currently host on Airbnb, or are you just keeping an eye on things here on BiggerPockets?
Actually Adrian STR management in FL falls under DBPR - Division of hotels and restaurants. They regulate STR licensing whereas FREC deals with Real Estate Licenses and non transient rentals defined as over 6 month and 1 day.
Interesting, I haven't heard of that. So do you just need to have a real estate license with DBPR or is it a separate thing?
Separate thing - Real Estate license falls under FREC and covers real estate sales and leasing over 6 months. Division of Hotels and Restaurants regulate Short Term (Transient) Rentals.