All Forum Posts by: Oren Harel

Thanks for all your feedback and interesting ideas!

I indeed already listed myself in the co-host section of Airbnb for those searching for a property manager. My problem with this approach is that my target audience is only those searching for managers, which is only a very small percentage of Airbnb owners since most owners are convinced that managing the property themselves is most logical and profitable.

My approach is to try to target those who don't think they need a manager, and to try to explain to them why it's worth considering. I think when presented with logical facts and low overall fee, some might consider it.

I like the idea of the real estate investor club, and I think that's a very interesting idea Joseph pitching to owners advertising their property for rent. I had a similar idea by attaching myself to an real estate agent so that they can refer me to clients buying properties to rent through Airbnb, but I like your idea even better.

Hi Kimberly,

Thanks for your reply.

I indeed need to investigate it further, but first I'm checking if there's any potential business out there for me since I don't know if this initiative will work.

There is indeed a big enough market of Airbnb properties in my area, I just need to find out how to contact them and explain to them why it's worth using my management service rather than self-managing. The fee I will charge is low because I will work based on quantity of properties, but I do believe it can create enough income for me.

Hi there,

Although I'm new to this site, I'm not new to managing an Airbnb property - we've managed our own guesthouse for the past 5 years with over 200 reviews and 5 stars in every category. Nice to be good at something we enjoy! ;)

That being said, I've decided it could be a good passive income for me to offer my experience and expertise to other hosts on short-term rental sites. I could basically do everything related to management for them, including optimizing the listing to increase earning potential, organize the cleaning, and everything in between!

How would I go about offering short-term rental owners my management services? I don't know much about marketing in this field. I plan to offer a very discounted rate for incentive, allowing them to see how practical it is and how easy it makes their life!

I noticed that nobody replied, so I thought I would add a few comments even though I'm new to this site since I've been offering my property through Airbnb for 5 years now.

My property is a guesthouse, so I would always recommend considering the option of adding a guesthouse if you have room on your property since it's a smaller investment and easier to manage. The owners before we bought our property already converted the big 2 car garage into a guesthouse.

That being said, if you plan to buy a separate property purely for Airbnb, start by ensuring the location is convenient (driving distance) and then begin finding comparables in the area to check pricing and possible demand. Airbnb property supply and occupancy rates can help decide if it's a good location. If you can find demand vs supply information obviously that would help you lots.

You can consider properties outside your driving range, but then you need to have someone manage the property for you.