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994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO

994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO

FromBiggerPockets Real Estate Podcast


994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO

FromBiggerPockets Real Estate Podcast

ratings:
Length:
44 minutes
Released:
Jul 24, 2024
Format:
Podcast episode

Description

Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you own, EVEN if you’re not in a vacation destination. So, what do you need to do NOW to get more guests, bookings, and money from your short-term rental investment in 2024 and 2025? Experienced short-term rental investor and CEO of Rent to Retirement, Zach Lemaster, is here to help.

You may know Zach as the turnkey rental guy, but his skills go FAR beyond long-term rentals. Zach owns the highest-grossing short-term rental in the ever-popular Breckenridge, Colorado. This is a HOT short-term rental market with fierce competition, but even so, Zach’s vacation rental stands out from the rest. How did he do it, and what changes can YOU make to your Airbnb experience to become the best in your area?

Today, Zach gives a masterclass on Airbnb and short-term rental hosting. He covers market trends he’s seen in 2024 and into 2025, dodging regulations, and what to look at BEFORE you buy. Zach even shares easy ways to stand out and the amenities that will wow your guests so they keep coming back for more. Plus, he’ll give tips on what you can do NOW with your current Airbnb to quickly increase bookings! 

In This Episode We Cover
A short-term rental industry update and why hosts MUST make changes now
Guest trends and why people want better deals and experiences, not just places to stay 
How to avoid short-term rental regulations and what to do if your area already has them 
How to easily stand out in your market by providing top-notch amenities 
Simple tweaks to your listing that will get you more bookings 
2025 short-term rental predictions and what hosts should know 
And So Much More!

(00:00) Intro
(01:36) The Best Short-Term Rental Ever?
(02:53) Airbnb is Changing 
(11:11) Airbnb is Changing 
(13:34) Regulations and Airbnb Bans
(20:51) How to Stand Out
(24:45) Tips to Increase Bookings
(31:49) 2025 Predictions 
(35:16) Meet Zach at BPCon24! 


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-994
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Released:
Jul 24, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.