All Forum Posts by: Bailey Kramer

In this post, I'm going to share the two strategies that I highly recommend not using to get Co-Hosting clients: 

1) Facebook Groups - Someone will post in a FB group that they need a Co-Host and 100 people will comment on the post. This is what I call a needle in a haystack strategy. 

2) Reaching out to hosts on Airbnb - Airbnb does not allow solicitation and you could risk getting your account banned. 

If you are looking for the strategies that get results, check out my favorite strategies to land Co-Hosting clients on a past discussion post here!

@Chris Tarpey Okay got it and good to know!

Thanks for sharing the strategies @Chris Tarpey!

Do you give the local agents a referral fee? 

Currently I Co-Host a couple mid-term rentals and always looking for ways to increase bookings. 

How are you targeting people for 30+ stays for your property? 

Currently I am using Airbnb, VRBO, furnished finder, and Facebook. 

I am having a hard time connecting with the right person at the local hospitals to partner together. 

Are there certain nursing housing agencies that people have liked working with? 

@Steve Lovelace Definitely makes sense for that market and to maximize your revenue by using a nightly and MTR combination. What strategies have you used to target snowbirds?

@Tyler Winget Good point in using mid-term rentals as a strategy for slow seasons and doing nightly at the peak times.

Hi @Ke Nan Wang and thanks for your comment!

Sorry for any confusion and definitely good point that each state can definite it differently. 

I was referring to mid-term as a 30 day minimum with people staying anywhere from 30-90 days. 

I agree that it is going to be based on the market demand and finding the right property where the numbers make sense. 

@Leslie Anne Morris Thank you! I am focused on continuing to grow the Co-Hosting business and always thinking of ways to maximize revenue in providing additional services when working with homeowners. 

@Evan B. Thanks for sharing your thoughts! I Co-Host a couple mid-term rentals now and they have definitely been the easiest to manage.The property was very cheap for the owner to buy and fix up. Converting the property to a Mid-term rental made sense for the owner in this area, because he was able to make so much more as a mid-term rental versus continuing to run it as a LTR. 

I definitely agree that they are not going to give you the greatest amount of cashflow compared to a nightly rental. 

I think it's nice to have a mix of nightly for the cashflow and mid-term for the stability. 

Curious on your opinion on short term rentals versus mid-term rentals? 

While short term rentals typically provide higher cash flow, mid term rentals help to provide stability. 

What type of rental do you prefer and why?