The AirBnb Boom

How to Capitalize off the AirBnb Boom, Using Rental Arbitrage: A Guide to Being a Superhost and How to Optimize Your Listing as a Means of Building Up Your Real Estate Profile

By: Baxter Simon

Narrated by: Christopher Lawson

How to make six figures on Airbnb: a scaling strategy for consistent success.

Did you know that Airbnb hosts make nearly three times more money than other participants in the sharing economy?

A typical host earns an average of $924 per month (in comparison to Lyft drivers who earn an average of $377 and Etsy creators who make $151 per month). Fifteen percent of hosts make more than $1,500 per month.

So, what makes these people different from everybody else?

Reaching the superhost status provides amazing and consistent opportunities.

Here’s a quick overview of what it means to reach that status:

• Seventy-eight percent of Airbnb hosts don’t qualify for that status
• Superhosts benefit from an 81 percent higher occupancy rate than regular hosts
• Superhosts earn 60 percent more revenue per available day
• There’s already an elite, small group of superhosts earning at least $100,000 per year

As you can see, reaching the status is important to turn Airbnb hosting into an actual business.

To fulfill the program requirements, however, you will have to meet the Airbnb rigorous quality standards.

Accomplishing the task requires strategic planning, consistency, turning your property into the little haven travelers want to experience, and fine-tuning your communication skills.

If you’re tired of the nine-to-five routine, you’ve probably explored Airbnb hosting alongside other opportunities to earn a living and quit the daily hustle.

To be successful, however, you need the right property at the right location. You need to understand the upfront costs, the market dynamics, the competition, and the specifics of the personalized service that your clients would want to receive.

That’s a lot to take in, isn’t it? Luckily, a reliable, step-by-step source of information does exist. It will give you the A to Z of building an Airbnb business from scratch to start earning a six-figure income.

In Airbnb Boom, you’ll discover:

• The history of Airbnb and the perks of using this business model as your entry into the sharing economy
• The unique action plan all successful Airbnb hosts share
• Strategies for getting your property ready to appeal to the target market (and also - how to recognize that market!)
• What it takes to make your listing pop and stand out from all other competing entries
• The secrets of maintaining stellar customer ranking on Airbnb
• Pricing strategies to make your property popular and boost occupancy
• The best plan for becoming a superhost and keeping that status
• The automation of Airbnb hosting (so you can dedicate your time to making money in another way or simply being with your family)
• The next step - scaling up through the addition of more properties to your portfolio
• And much more!

©2020 Elijah Sarge (P)2020 Elijah Sarge

Wow this is basic!

There is literally more time spent on how to write catchy titles of listings than there is on how to successfully purchase of price for success a property. There are no insider secrets in this at all. This author could have kept their knowledge as a pamphlet and saved us all 3 hours.