All Forum Posts by: Jeffrey Reyes

I'm not an expert but based on my personal knowledge. I would open a separate LLC or fill out some type of paperwork stating that you are working with Airbnb now. Your current LLC falls more into the Real Category while Airbnb deals more with Hospitality. Two different professions.

Also as a Host, you are protected in 3 different ways:

1. Airbnb $1 million host guarantee

2. Renter's Policy Insurance

3. Homeowner's Insurance ( Update your insurance; inform your insurance that you are doing Short Term Rentals.

3 Votes

Try to make yourself stand out as much as possible. You are in a very saturated location so competition will be tense. Would love to look over your property listing if you'd like so I can give you some more detailed advice

0 Votes

If the guest is in town for a special occasion you can provide a decoration service. For example: A couple comes into town to celebrate their anniversary, you can provide them with a little romance package. Decorate the place into a romantic getaway.

Provide an Instacart service , transportation from airport, etc..

1 Vote

Indianapolis, Indiana

Maybe get some electric scooters or bikes and just charge the guest by the minute. Less cost effective. Just gotta let the guest know you are not responsible for any injuries.

0 Votes

Maybe you can do something similar to a Lime or Bird Scooter. Where the owner pays for the amount of time spent on the scooter. Im sure it wouldn't be as cost effective as a golf cart. You just gotta let the guest know youre not responsible for any injuries.

It also depends on how your property's location.

0 Votes

Quote from @Alicia R Miller:

I understant. I think I may have mixed up airbnb with short term rentals. This information helped me out a lot. Now, I have to research the process of how an investor establishes short term rentals as well as air bnb's in DC. Thank you again @Russell Brazil

Yup I think Virginia is the best location for an Airbnb if you are looking to open one in the DMV

0 Votes

Washington, DC

Quote from @Dan Wickramasinghe:

Hello Everyone,

Would you guys be able to share contact info for a good property manager (Air BnB) in Detroit area?

Thanks,

Dan W

Hey Dan, are you having trouble with your Airbnb? I'd be happy to answer any questions if so.

0 Votes

Detroit, Michigan

Would you ever consider Airbnb?

0 Votes

Washington, DC

Quote from @Melissa Allen:

We've had our STR 2/1 cabin in Broken Bow, Oklahoma for over a year. Superhost on Airbnb and Premier Host on VRBO. My husband and I are still working our W-2s (and extra), but we can't move on another property until this one is at least paying for itself. Is something like RankBreeze really worth the price to help get our property seen more often? When going incognito on booking platforms, our place is really difficult to find. I've called support for Airbnb and VRBO many times -- super friendly but no real difference.

I would love to hear from those familiar with this option (or any similar option available). Thanks!

Honestly I would say just try it out for 1-2 months and if its not creating a huge difference then just cut it off. Everyone has different experiences with everything.

3 Votes

All Forum Posts by: Jeffrey Reyes

Jeffrey Reyes has started 3 posts and replied 35 times.

Post: MTR Property Management

Post: AirBnb Management Liability/Insurance

Post: Rental Abritage in Orlando

Post: How are you setting yourself apart on Airbnb?

Post: Golf Carts at an STR?

Post: Golf Carts at an STR?

Post: Alicia Miller-Short term rentals

Post: Air BnB Property Manager- Detroit

Post: Suggestions for receiving premium rental in small Maryland town

Post: Is RankBreeze worth it?