Why my newest airbnb lost money (learn from my mistake)
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- Опубліковано 2 лип 2024
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Update: Just had a $4085 booking for September come in at Pink Pickle. Which puts me RIGHT up to the break even for this property for all of my expenses (plus or minus $1000). This property is officially COOKIN'!
You didn’t post the link on purpose?
@@jpanderson6145 what do you mean?
Halfway into your video I was thinking "someone is going to be stoked to find that property and book for SXSW". I was going to book it myself and found someone already had. :)
Feeling your concern a bit. I'm building a beach property that won't be online until September. Hoping I'll get some holiday bookings. That being said, if you ever want to come to the PNW in the Spring or Summer, I'll give you the owner rate on my beach house.
Is it registered in the city of Austin? Do your management people know the recycle laws here? No. They’re always overflowing with garbage. Neighbors are getting pissed. Get on it!
You’re in the flow for sure. I like this format a lot also. Congratulations 🎉
Nice! Like this style of videos. It's nice to see what other hosts are going through and how they tackle it. Keep it up!
Hi Rob. No shade, but I'm a neighbor and everytime i see the trashcans out at that property the recycling is full to the brim with non recyclable items such as food, pizza boxes, garbage bags etc.. this is a problem for everyone else who takes the time to meticulously wash and sort they recycling because it contaminates it and it all likely gets tossed. Might i suggest just having more trash cans and no recycling bins to avoid contamination, or maybe issue a fine to patrons who use the rwcycling bins incorrectly? Cool lookin place! Thats the only issue I have! Thanks for listening!
Recycling is a scam. Do a little research.
Thank goodness Caleb is okay ❤
Nice job Rob! I had the same experience with an Earthship I just launched. I wasn’t done but posted it anyway, then didn’t get the full potential of the algorithm boosting. Thanks for sharing your journey! ❤
True inspiration, my man!
Great video, Rob!
Congrats Rob! My wife is part of your host and creative camps! We’re coming to this years host con and we love all of your content. Thank you for all you do for all of us. We live vicariously through you until we get our str legs under us! God bless
I find your content to be so incredibly helpful. I learn something useful every time.
Lol your pretty new I can tell😂 he made lots of people to lose lots of money
Great update on the Pink Pickle, crazy how that works out. I was wonder if you had a planned update on "America's Ugliest House" and how that ended up for you. As always thanks for sharing your experience and knowledge.
Nice! Glad you’re still wearing the mastermind shirt! Still one of my favorites that my team designed!
Thank you Rob! Congratulations on the turn around🎉. Did you have to re-list or relaunch the property before things picked up? If you did, did you relaunch with the same pictures?
Colorado is preparing to tax str’s as commercial property @ 400% hike in property taxes. This in addition to a 600% hike in license fees in the Breckenridge area, on top of other fees. Airbnb has been noticeably absent in the opposition to this new proposal.
It’s crazy. Chaffee County has done similar hikes with permits. From $100/year to $1000/year. No vote, just decided by the commissioners.
@@Realtyguy not crazy at all. Great for locals looking to actually live in their homes they buy.
@@CS30123 couldn’t be farther from the truth. Prices have continue to increase despite the restrictions. Truth is, local building codes and zoning restrictions have made it very expensive and time consuming to build.
Liberals are terrible for business.
first comment! love your channel man, i've learned a lot
Bro all I can say is PERROOOOO HELL YEAH MAN. Super happy for you 👍🏽
Look at Rob with the fancy Mastermind t-shirt! 👀
Rob, is this listing licensed? Were you able to get a str license in Austin? Are you paying the 11% Austin hotel occupancy tax?
Rob What is a Great AIRBNB Deal for a $865k House Austin Area? How much per Day does Rental Day rate need to be? How many Days rented for the 365 year? Roughly What percent of Total Revenue goes to expenses?
After a while the design fee doesnt make much difference. It needs to be a unique property for that to work. People dont notice the difference between a 5000 dolar couch and a 900 euro couch most of the times, depending on the guest profile.
My question is what do the neighbors think of the crazy, loud parties going on each weekend? Do they complain? Call the cops for noise violations? Just curious, because in my neighborhood that would definitely happened. Maybe you found a property in the middle of no where?
Dude. I live near this place. PLEASE ensure the recycling and trash is put out correctly. The people in the neighborhood actually fix this shit for you. They’re getting pissed off so get on it!
Recycling is a scam. Research it if you don't believe me.
Building an expensive pickle ball court at a "women" only themed airbnb I think was also a mistake. Wouldn't you want to appeal to as many groups as possible for pickleball? As a woman, I just think the design was too over the top and if you are trying to charge more for all of these maybe unnecessary amenities. Although your future bookings seem to be building, I think to myself of the opportunity cost of narrowing your market for this property.
You are certainly more experienced at this than I but I personally would not pay that high a rate a night. I also have a lot of men friends and wouldn't want them to feel weird coming to this pink a place.
I feel you. Ultimately, I'd say the results speak for themselves ;)
Totallllllllllly agree! I saw the pink and wanted to vomit. I do not like pink, firstly, and secondly too much of any bright/strong color can make some/most people run away. Even when looking for Airbnb's domestically and abroad---if I see too many white walls or too many "prison gray" walls and cabinets, I run for the hills! I book airbnb's to be at peace, not to create anxiety and resentment.
@@morganstubie I have aEcon/Math degree and I always think of what could have been if we did something different. If a STR is trying to cater to a specific group I would want to include amenities that align with that. So for the Pink Piikle catering to bachelorettes and weekends I am just not sure how much the pickel ball court would be used. I mean most bachelorette parties are driking, dancing, partying. I would imagine that most activities would not be at the house. I also think "what type of design that would be group neutral that would appeal to any type of group" Maybe the ADR from bachelorettes would be a little lower maybe not, but now instead of just wekeends rented it could be rented during the week too. Total revenue for the weekends might be a touch lower but overall occupancy would be a lot higher and ADR for weekdays would also be higher.
@@morganstubie Sounds like you can't be pleased. Stay at a hotel.
Holy p****e those are outrageous booking numbers!
Are your competitors charging this much a night, are these normal prices, or can you really charge that much of a premium due to the great design?
@Robuilt what’s the deal with the STR Company? I’ve been trying to get a Cost Seg for this year. Please let me know if the business is still going and how to book your team.
Hello there! We're still out there crushing it for people! Check us out on www.strcostseg.com
Are you bringing guests from UA-cam and Instagram? Is that the plan?
If you don’t like the term ‘Avatar’, you could say ‘Persona’
Robuilt how about being a rental landlord if you buy a new townhome in my city I will rent from you long term I’m not in market to buy
You have single days randomly blocked out. FIY JIC that wasn't intentional
Its only a start for the airbnburst
What is the property address.
123 Rob's Mom's House.
Might be overpriced too. We are in a shitty economy, most people will be looking for the best price and not about a pickle ball court
Welp, once you watch the video, you'll quickly realize you're wrong lol.
LOL! Wawaaaaaaaa.
Stop making excuses for airbnb, the brand and people willing to book are all down...and yes Im a recovering airbnb host.
I can see why you USED to Host.
I'm sure you're a superhost😂
I mean just because it’s down doesn’t mean anything. Plenty of people still make money on the platform
Really enjoying being a part of host camp! I have learned so much from your channel. Thanks for all you do Rob!
@bluegrassrentalsofeky