First Air bnb property

[David Nino]

Just picked up first Airbnb property. Riverfront property on Mississippi River in quad cities. Any advice???

[Mark Miles]

Originally posted by @David Nino:

Just picked up first Airbnb property. Riverfront property on Mississippi River in quad cities. Any advice???

Congrats! Running a successful STR comes down to 3 Ps: pics, people & pricing.

1) Decorate your house nicely & pay a professional photographer to take some amazing pics

2) Hire amazing people - cleaners, handyman, recruit some neighbors to help fill in the gaps, & self-manage or hire an offshore VA to manage the property if you'd rather make yourself rich instead of making a local property manager rich (more on that here: https://www.biggerpockets.com/... )

3) Price fiercely to maximize profits not occupancy (they're not the same thing)