All Forum Posts by: Myka Artis

Yes, Airbnb's stock price has plummeted and guests are leaving the platform for hotels due to the "hidden fees" by Airbnb so with the winter release they had to do something to cater to both the host and the guest. The guest gets to see the total price while the host can now easily remove unfavorable reviews. Airbnb's algorithm took a major change and a lot of vacancies started to happen across the board. I personally took advantage of it and started running Google ads toward Airbnb's SEO to get direct bookings. Airbnb taking the brunt hit is actually a good thing for STR operators.

We have to start keeping short-term rentals separate from Airbnb. Airbnb is just a listing platform. If true STR operators wanted to protect short-term rentals they would be building a brand where customers can book direct. Just use Airbnb as a lead generation tool.

My suggestion if Airbnb is now showing the total price to the guest would be to keep your prices the same and brand all of your photos with your logo. The total price exposes Airbnb's 15% fee. I can almost guarantee most cleaning fees aren't as high as the service fee for the guest so in this case I've branded all my photos with my logo. Guests have been googling it and booking direct and saving on the service fee. They easily see the cleaning fee isn't the issue. I've even gone so far as to where now I purposely use my PMP to price my units on Airbnb 10% higher so they see an even bigger price. Also, a great way to build your brand so you're not being dependent upon Airbnb and letting them control your revenue.

I provide access to all streaming services. I don't log into them because I like to put my TV's in guest mode and let the guest choose which streaming services they are using and log into their own account. 

@Brandon Spurlock FF & Airbnb both have their pros and cons. Furnished Finder for example depending on your market may not be the best option if you're renting out an entire place because nurses might not want to pay what you need just to make the mortgage and utilities however if you are renting by the room it may make more sense but of course, all of this is market dependent. You can google the average stipends for housing for travel nurses in your area and make that decision. 

Airbnb on the other hand is dependent upon how you set up your calendar. I get a lot of mid-term rentals through Airbnb because I have my calendar set up to attract them and I set my listing up to cater to business travelers.

You using your realtor network is a great way to get good clientele. You can also find people that are going through claims on their homes and need temporary housing. This is a great market because insurance is covering the cost of the stay. 

All and all its about knowing your target clientele and catering to them.

I moved to Arlington in 2013 and I love it. I live on the southside and it's in between Dallas and Fort Worth so there is always something to do. 

Hello Rebecca!

Meeting time is above and there is another event link on FB.

Hosted by the Live Let Thrive podcast team, this group is our opportunity to network with like-minded individuals about real estate, short-term rentals, real estate investing, and small business development. If are interested in networking, exchanging, and learning new ideas while helping to promote anything to do with short-term and vacation rentals then this group is for you.
Learn how to become a better operator, improve guest experiences, and generate more revenue! Cleaning, meet and greets, taxes, regulations, insurance, and more. Each meetup features a speaker who will help you make the most of your property, followed by networking with other hosts. We will talk about everything from acquisitions, startups, operations, and building an empire! Looking forward to seeing you in person!

I tried to correct the address but had no luck. Here is the correct address for the event.

484 S Tyler St.
Dallas, TX 75208

I hope to see you both there.

Hosted by the Live Let Thrive podcast team, this group is our opportunity to network with like-minded individuals about real estate, short-term rentals, real estate investing, and small business development. If are interested in networking, exchanging, and learning new ideas while helping to promote anything to do with short-term and vacation rentals then this group is for you.

Learn how to become a better operator, improve guest experiences, and generate more revenue! Cleaning, meet and greets, taxes, regulations, insurance, and more. Each meetup features a speaker who will help you make the most of your property, followed by networking with other hosts. We will talk about everything from acquisitions, startups, operations, and building an empire!

This particular event is the inaugural event of 2022 the year and relaunch/re-branding of an old meetup pre-COVID.
Drinks and light fare will be served. 

Looking forward to seeing you in person!

Check out the podcast & official FB group here for more opportunities to learn. https://linktr.ee/liveletthrive

LLT is a podcast about Airbnb and the sharing economy in general. Steve and Myka tell you about their experiences both hosting and guesting.