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All Forum Posts by: Ian Tyndall

Ian Tyndall has started 15 posts and replied 129 times.

Post: Games VRBO plays

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

Maybe we should add Airbnb to the Wikipedia examples. They are literally following this playbook. 😀

Post: Games VRBO plays

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

It’s not just Airbnb or VRBO. It is all platforms and there is a name for it:

https://en.wikipedia.org/wiki/Enshittification

Post: AirDNA Promo Codes?

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

Hello, I am considering resubscribing to AirDNA based on some of their new features and was wondering if anyone has any luck with a promo code?  

Even if you don't have a promo code, but have a referral link, I am happy to click that to help out.

Thanks!

Post: How are you spending on 3rd party software?

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123
Quote from @John Underwood:
Quote from @Ian Tyndall:

John, 

I am managing 3 properties and spend on the following:

Hospitable 

PriceLabs

Intellihost (for click rates and pricing optimization)

Canva

OpenAI

Houfy for direct websites

How much does all these cost annually?

 Monthly rates are a mix of variable and fixed costs based on the number of properties; with three properties here is what I pay (published rates):

Hospitable $72

Pricelabs $50

Intellihost $59

Canva $14

Open ai $10

Houfy $11

$216 * 12 = $2,592

Post: How are you spending on 3rd party software?

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

John, 

I am managing 3 properties and spend on the following:

Hospitable 

PriceLabs

Intellihost (for click rates and pricing optimization)

Canva

OpenAI

Houfy for direct websites

Post: Cleaning Costs (Actual vs. Listed)- Tax liabilities?

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

There is no issue that I can think of regarding taxes. You report your total revenue from all sources and then deduct your cleaning expenses for income tax reporting. There isn’t any special treatment for this. 

Post: Spread on Cleaning Fees per turn

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123
Quote from @Bill B.:

Hopefully some day they’ll force listings to include cleaning charges in the rates. I guarantee people would lose their mind, and the government would get involved, if hotels started charging everyone cleaning fees. One of the few charges more offensive than “resort fees” hotels charge. 

I would rather have the market decide. Hotels can chose to add all the fees they want to but for business reasons they don’t. Same goes for hosts. 

Post: Spread on Cleaning Fees per turn

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

Similar situation. My spread is negative. Make it up in the ADR

Post: Game rooms/arcadea return for STR

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

I think this can help your short-term rental really stand out. A low-cost way to do it would be to paint the walls, the garage door, and close off any access to utilities. We just put down some rugs and painted a mural on one of the walls for interest. Instead of using arcade games, we decided to put into 50 inch TVs in an Xbox and a PlayStation five with game pass on them. We also put some gaming chairs and a couch and a table for classic style Families love this set up because they can leave the kids in the game room and then have fun playing on the pool table or other parts of the house that they’re younger children playing in the game room a mini split to help with temperature control and get really cold at night and really hot in the afternoon in the summertime. The mini splits probably the biggest expense.
https://www.dahliadelsol.com/

Post: Airbnb latest release 1%

Ian TyndallPosted
  • Investor
  • Glen Allen, VA
  • Posts 132
  • Votes 123

The 1% release will put a trophy icon listings that are in Airbnb's top listings globally.

If there are and estimated 7 million listings, then there will only be 70,000 listings getting this designation.  If you get it, then I bet you will get great traffic to your listing and be able to command a higher ADR and occupancy.

It is probably happening already today in Airbnb's algorithm, but hosts and guests don't explicitly see it.  If I were to guess, it will go to every listing on the homepage for each of the categories.  There are currently 60 categories.  Each page has 20 listings.  That would be 1,200 listings right off the top.  Airbnb has room for 3,500 full pages of 1% listings.

Overall, I think it is likely a good thing.  It will help us assess where the "bar" is in terms of competition and what consumers are looking for on the platform.