100% Booked! AIRBNB SLOW SEASON STRATEGY - How to host in seasonal and down markets

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  • Опубліковано 24 гру 2024

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  • @JonathanReichel
    @JonathanReichel 3 роки тому +53

    Due to your advice and pricing strategies, our main rental has been booked over 300 days this year. We just have to fill up November and half of December. Thanks for everything Sean.

    • @kimberiysmarketstrategy
      @kimberiysmarketstrategy 2 роки тому

      John, help me..Il not exactly getting it. Im getting weekend stays only right now

    • @izi.z2384
      @izi.z2384 2 роки тому +2

      @Johnathan Reichel _ Is November and part of December normally considered a slow season?

    • @JonathanReichel
      @JonathanReichel 2 роки тому +2

      @@izi.z2384 unless we get a long term guest. Yes. It is slow now.

  • @fpm8338
    @fpm8338 2 роки тому +4

    Hey Sean, guess what? I just put in a monthly discount on my listing and hours later got a booking for 1 month! Thanks for the tip! You are the true MVP in the short term rental space! Thank you

  • @sqlim85
    @sqlim85 2 роки тому +2

    I've adopted some tips form this channel and really cant complain. Someone just booked my apartment for a record price, for me it was insane. It was all about 1 day availability and long stay discounts.

  • @thomsieloff3463
    @thomsieloff3463 3 роки тому +2

    Man... I made a HUGE mistake and hired Evolve to get me bookings. After 4 weeks they got me ZERO bookings and my calendar was blocked off (to prevent double bookings) starting Sept 1. So I fired them about a week ago. Fortunately I had gotten a couple of longer stays and some smaller bookings for August and we finished with around $23,000 for 7 doors. But Sept had nothing (except for one of my places)... Big. Fat. Goose Egg! As of now, one of my units is on fire (I did not relinquish this one to the Evolve crew) and I have a full house for my 6 plex in Cocoa Beach for Labor Day. But after that is slim pickens (really slow for most of us here in Cocoa Beach). I am grateful I found this video and will implement the notes that I took. Thank you Sean!

  • @paulomendes9345
    @paulomendes9345 2 роки тому +2

    Your hair is a lot better this way brother

  • @tammyrussell-rice5508
    @tammyrussell-rice5508 2 роки тому +2

    "Do not run out of CASH!" Boy, we all learned that lesson thanks to COVID. I have now increased my Rainy Day Fund significantly. As always, mahalo for the lesson.

  • @thesandman8642
    @thesandman8642 3 роки тому +8

    Pure value Sean! Use game theory, implement dynamic pricing strategy to account for seasonality, deploy pattern interruption to engage future potential guests with discount strategy.

  • @dusicamitrovic8840
    @dusicamitrovic8840 2 роки тому +3

    As a newbie I just watched a couple of your videos. Great ideas. Looking forward to implementing some of them in Serbia. One suggestion, though, I feel visual aids for some of what you are explaining could go a long way. I found myself backtracking several times to make sure I understand the explanations, which would be much more clear if I could see the actual example you are explaining.

  • @TheTerrisElliott
    @TheTerrisElliott Рік тому +1

    This intro is outstanding 👏

  • @lucasxavier6611
    @lucasxavier6611 3 роки тому +5

    I love your teaching videos like this. Please post more hard content!
    Really wonderful

  • @shireeni123
    @shireeni123 2 роки тому +1

    Thank you for yet another great video !

  • @catherineduncan6611
    @catherineduncan6611 3 роки тому +1

    Absolute gold! Thanks for the video!

  • @crisfranco4717
    @crisfranco4717 Рік тому

    Hi, Sean! What happened to us in L.A. initially during COVID were cancelations. But soon those cancelations were quickly rebooked by people who were literally marooned in Los Angeles -- or just preferred to stay in Los Angeles than return back to their hometown. So, ultimately we had an abundance of potential booking, many seeking long-term short-term rentals. So that's how COVID played-out for our property in SoCal.

  • @cbauman106
    @cbauman106 3 роки тому +2

    Such great content as always thanks bro 🙏🏼🔥

  • @angelalouis5970
    @angelalouis5970 2 роки тому +1

    Loved the video! Currently I am cleaning an Airbnb and want to begin managing it! The host is happy about this as well but I want to present why picking me to manage their property over big companies is a better choice! Also, I want to learn more about providing experience to the guests stays ! Look forward to hearing what you have to say!
    Also, at what percent do I ask for or would a percentage number move according to how successful I am at booking the place?

  • @davidacosta8060
    @davidacosta8060 3 роки тому +2

    So so good information
    Thank you!!

  • @SLCKaled
    @SLCKaled 3 роки тому +4

    I love ❤ your word choices and enthusiasm It's fun to learn with you!! Haha. "Fortune cookie 🥠 advice"
    "slow season blues"
    You are the best!

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому

      Glad you enjoy the quirky commentary.

    • @SLCKaled
      @SLCKaled 3 роки тому

      @@AirbnbAutomated haha "revenge travel" was my fave. What a perfect name 😀

  • @cmillerx41
    @cmillerx41 2 роки тому +1

    Super helpful video!

  • @eveprice6944
    @eveprice6944 3 роки тому +4

    Hey Sean!!! Love the 'video content info markers' at the bottom of your screen. Such a great idea only a perfectionist would think of. LOL

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +5

      Thanks :) trying to put a little more work into my edits to make life better on your side of the screen. Glad you like it

  • @cindyavalos6200
    @cindyavalos6200 Рік тому

    I don’t have an AirBNB but we do have an RV and I almost sold it back cause we only used it once in 6 months but then the agent who sold it to me told me to rent it. We made $4200 in 6 months (it paid the RV for 12 months) with absolutely no knowledge on how to be successful. This year we’re focusing on being more strategic, hoping some of these tips will help us 🙌🏼

  • @VolleyballAddict521
    @VolleyballAddict521 3 роки тому +2

    Sean been in the gym. Thanks for this!

  • @janetvalencia597
    @janetvalencia597 3 роки тому +1

    Total eye opener video! Thanks for sharing all this wealth of knowledge!

  • @Vidaesuna
    @Vidaesuna 3 роки тому +1

    So much awesome info in this video 😍😍

  • @joshbranch6468
    @joshbranch6468 3 роки тому +2

    You a beast bro sheesh 🙏🏾

  • @Londonlamborghini
    @Londonlamborghini 2 роки тому +1

    Revenge travel.I love that!

  • @luztv101
    @luztv101 3 роки тому

    Always great info and advice. Thank you. Oh, and those big arms make everything just more enjoyable to watch. ✨🙏✨

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      Haha thanks. That was the whole goal. Lift for watchtime gains

  • @mr.c1989
    @mr.c1989 3 роки тому +4

    I love the timeline of topics at the bottom of your video screen. Would you be considering putting timestamps in the description to match that? Timestamps are hyperlinked and allow viewers to jump right to the section. As always, outstanding video!

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +3

      I want to tease the knowledge but would prefer they watch the whole video to not miss any goodies.

    • @mr.c1989
      @mr.c1989 3 роки тому

      @@AirbnbAutomated - I need for you and I to purchase my very first property within a week or two. ♥️ Let's talk.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      What do you need help with?

    • @mr.c1989
      @mr.c1989 3 роки тому

      @@AirbnbAutomated - I want to join your student-base and be your poster-child coming out of Chicago. I have binge watched a TON of your videos and have limited capital to start, but I've been preparing for your mentorship. I have created a Business GMail account, a Business Instagram account, a Business Facebook account and now need help with establishing an LLC so I can do what you do full-time starting (yesterday). I have free time now and not working, so I can jump in. Watching you're "slow season" video and I'm wondering if I should use Chicago as my first property acquisition market or if I should look somewhere across the country. I saw that you started your first property ever for about $4,000.
      That's what I'm looking at, about $4,000 startup. I also seen another video where you say that there are some tips and tricks for possibly getting properties that are already furnished or that have been used as a prior rental arbitrage.
      The big final conclusion here is, that I don't have beyond $4,000 to start up, HOWEVER...I do have cushion funds that I may be willing to use for my first property if it means at least starting off with one major mamajama property. What I mean by MamaJama property...what would it take for me to get one single property that can get me net-profit of $3,000 per month all year round'ish after all is said-and-done? Is the answer to that a $7,000 start-up cost? An $8,000 start-up cost just to hit that $3000k/month (or so)? I'm willing to explore. Perhaps a $1800 to $2000 per month (per unit) net profit would also be great if I then had two of such properties, because then that could potentially be $4/month net. The only curiosity is what it would cost to be your student just to start me off in a matter of a week or so because that mentorship cost will have to also be factored into my overall start-up cost.
      All I know is.....I need this really bad. And fast for private reasons that I can tell you away from this public forum.
      I'm ready now. Just need to know how go start an LLC because I want to market myself as a business entity and scale from there on. We love you so much, bro..... you're an angel on this earth to so many people.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      I would say if you started immediately you do have some months of time or Chicago would be good if you start in a few months it would be right before their worst months which would be not ideal but then the spring in Chicago would be perfect

  • @AshleyBrumback
    @AshleyBrumback Рік тому

    great video, is there a video that shows how to do price strategies step by step on the backend of the website

    • @AirbnbAutomated
      @AirbnbAutomated  Рік тому

      I have a playlist on pricing strategy here on the channel

  • @AdiaDance
    @AdiaDance 3 роки тому +1

    This is great info!

  • @davzuni5761
    @davzuni5761 7 місяців тому

    great vid

  • @michael1084
    @michael1084 3 роки тому +1

    Can’t wait for snow! Ski season = $$

  • @TheTerrisElliott
    @TheTerrisElliott Рік тому +1

    This aged well. Sean I see you bro. 👀 I do. I really do

  • @SLCKaled
    @SLCKaled 3 роки тому +2

    Hi Sean can you make a video on STR insurance. Like proper? Do you recomend it.
    I had a slip and fall in my pool house. Luckily the lady didn't sue but it got me curious to know if AIRBNB would cover.

  • @capitaljetsetllc3513
    @capitaljetsetllc3513 3 роки тому

    Great video! Lot’s of value.

  • @HDBnB1
    @HDBnB1 3 роки тому +2

    Loving the graphics! I think the increase for Philly was also due to Made In America(MIA) going on this labor day weekend

  • @superhostreacts
    @superhostreacts 3 роки тому +2

    Fantastic video Sean. topic for a future video-how would you deal with local regulations which are becoming tougher and tougher on Airbnb hosts? A town where I have two properties recently required a STR license and a 2 night minimum. Now they are talking about limiting the number of licenses that they will issue. Any suggestions on combating this?

  • @domgayle7436
    @domgayle7436 3 роки тому

    Love the Harry Potter intro reference 🥰 Imma Subbie…

  • @mollyrharper
    @mollyrharper 11 місяців тому

    Hey Sean, I have my first airbnb that I just listed. We had 3 stays with great reviews, but are struggling to get bookings even with low prices and one night minimum. It is definitely the slowest season. Any tips?

  • @aaronbarash761
    @aaronbarash761 3 роки тому +2

    Sean is there anyway you can make a video on how you found and pay your property manager and how to incentives them to find you new properties?

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +2

      My business doesn’t have that structure currently, but it did for a short period of time so I could swing the bat at this

    • @aaronbarash761
      @aaronbarash761 3 роки тому

      @@AirbnbAutomated thank you Sean.

  • @kelceyward6192
    @kelceyward6192 2 роки тому +2

    I heard a lot about your pricing strategies but I CANNOT believe no one ever told me you were a Harry Potter fan. SMH. Came for the tips and stayed for the Potter cracks.

  • @patn2076
    @patn2076 3 роки тому +3

    Hey Sean, great videos! I've got a question for you (and other fine people here), what about STARTING an airbnb rental business during the low season? I'm currently getting my ducks in a row to start my business and would like to get it running soon, say october, but that will be the start of the low season here (low months are very similar to your Philly market). I get that it could be easier for me to pick up properties to start because of lower local demand, but I'm afraid to loose a lot of money during the first months because I won't have the credentials of an establised listing. Thoughts?

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +2

      in the middle of slow season is much better than starting a month or two before. (as a newbie)

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      once you have property and you can soak some costs, then picking up more on the way in to slow season makes sense for the lease savings

  • @johngreen8922
    @johngreen8922 3 роки тому +1

    First person here

  • @Boostly
    @Boostly 3 роки тому +1

    Hayley is the best !!

  • @Yayo509
    @Yayo509 2 роки тому +1

    Will this also work in a seasonal vacation spots?

    • @AirbnbAutomated
      @AirbnbAutomated  2 роки тому +1

      Yes. Changes are a bit more dramatic the more seasonal a place is but definitely yes.

  • @welder161q
    @welder161q 2 роки тому

    Hi Sean, you were mentioning the video where you were showing how you can see how many bookings others in your area are getting. Where can I find this video? /what’s it called

  • @kmurphy1022
    @kmurphy1022 3 роки тому

    During the 24:00 mark are you referring to landlords who typically have long term rentals? You are targeting them and asking if they are interested in subletting to you so you can BNB it out?

  • @FocusOverFear
    @FocusOverFear 3 роки тому +1

    How can we get the superhost course your top course online and skip the first two courses..

  • @RodrigoMontesOrtiz
    @RodrigoMontesOrtiz 3 роки тому +1

    Dude thanks for all the help you provide to your watchers. I live in Oklahoma city, and I own a duplex do you think OKC is a good city for AirBNB?

  • @gastonluken5755
    @gastonluken5755 3 роки тому +2

    Hi Sean! Thanks for your content!
    About to start a rental arbitrage in San Diego this month.
    A little scared since it's technically slow season but it might be offset because it's a really nice PH. Any reccos?
    PS - your link for 1 on 1 coaching isn't working!

  • @Joe-nx7nj
    @Joe-nx7nj 3 роки тому +2

    My slow season is summer because its 120 degrees and nobody comes to the desert

  • @aceoline
    @aceoline 3 роки тому +1

    THANK YOU for such value!
    In my Market, having a Strict Cancellation policy is a reason for Booking Inertia. But right now I am dealing with a less than 10% Occupancy Rate for my entire location. I wouldn't be able to quickly find another Guest with a 24 cancellation before Check In. What would you recommend?

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      you could try the Moderate/non refundable option

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому

      you have less than 10% of your calendar booked?

    • @aceoline
      @aceoline 3 роки тому

      @@AirbnbAutomated No Sir, for the next 3 months, my Calendar is booked for 8 nights and when I go to the "Similar Listings" graph, my location (a Caribbean island) is 5-10% occupied at the most.

    • @aceoline
      @aceoline 3 роки тому

      @@AirbnbAutomated Nationwide, August averaged about 12% with a 15% spike one week.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +2

      Oh I see. My intuition would be to expand your marketing practices to work with all local businesses that touch tourism where they might refer customers to stay at your place

  • @ivelissenovo9720
    @ivelissenovo9720 3 роки тому

    Hi friend do you know what is the form for IRS JUST FOR host no owner

  • @federicamaloch6439
    @federicamaloch6439 3 роки тому

    Do I need a real estate or property management license to cohost or arbitrage?

  • @J-Rod73
    @J-Rod73 3 роки тому +2

    Great video!! I just subscribed 👍. In your opinion is now a good time to get into the Airbnb business? My wife and I are using the great equity (heloc) our primary home currently has to use as a down payment for an investment property/airbnb. We live in St Augustine, Florida where the Airbnb market is great. But as we all know, it's a sellers market right now and home prices are inflated. There are a few good listings out there that can be good for Airbnb. We are torn between holding on to the heloc money vs buying now and getting in the game??? 🤔 Your thoughts? Thank you ahead of time.

  • @stephaniepetroski7397
    @stephaniepetroski7397 3 роки тому

    Hi Sean,
    Huge fan of your content! I watch you literally everyday probably, haha. I have a pretty decent savings and I’m ready to start so that’s all good. But I am unable to find an offering of all your courses, the links to your site never allow me to navigate around. Could you link one? Also the 1-on-1 link isn’t working either, and that is something I was going to consider as well?

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      I’ll have to get that link fixed.
      The 1-1 is clarity.fm/venom
      Classes.Milliondollarrenter.com has everything else

  • @tonya3912
    @tonya3912 3 роки тому +1

    Can I book you for a consultation?

  • @victoriavick3347
    @victoriavick3347 3 роки тому

    Some of your advice is great for the owners but terrible for the cleaners. I run a vacation rental cleaning company and long-term stays really mess with my ability to keep a strong crew on board. Super fast way to lose your cleaning/guests contact team.

    • @victoriavick3347
      @victoriavick3347 3 роки тому

      Your profitable vacation rental would not be achievable without your cleaners. Too many people take advantage. It should be a symbiotic relationship.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому

      I see your point but this video is not a video on how to make your housekeepers happy we have discussed the importance of housekeeper retention in other videos but this video is meant to solve a specific subject in a vacuum

    • @victoriavick3347
      @victoriavick3347 3 роки тому

      @@AirbnbAutomated It's not about keeping your housekeeper's happy!
      You're right it's about keeping them employed! I have now written it in the contract before a home comes on bored.
      No long term stays without a mid stay cleaning. Just sharing information.😊
      I like your videos and I think you give great advice. I just feel like the cleaners get forgotten about since I deal with that end professionally. Thank you for responding back.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +1

      In the specific video yes we are not considering the dynamic of the relationship between cleaners and the host because hosts can have many types of cleaner relationships where you are simply contracting out a large third-party company or you are employing them by the hour.
      Navigating that nuance is a complex topic for an entirely different video.
      Thanks for giving me something to think about

  • @ShaunCraikeHostHack
    @ShaunCraikeHostHack 2 роки тому

    Your website for your course isn't working.

    • @AirbnbAutomated
      @AirbnbAutomated  2 роки тому

      Thanks for the update. Links change over time. You can find all updated links using linktr.ee/rakidzich

  • @theflowerangel5724
    @theflowerangel5724 3 роки тому

    I have a home that would be perfect for air bb. Do I have to tell my town officials I plan to do this? Novice here‼️

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому

      Not likely. But look up local short term rental regulations and join a local host group online.

  • @wherearemyshoesman
    @wherearemyshoesman 3 роки тому +1

    Did you just meme me with Harry Potter?

  • @joyjoslin4577
    @joyjoslin4577 3 роки тому

    you have such pretty eyes I am not a creep or anything but I notice those eyes

  • @albertlatscha
    @albertlatscha 2 роки тому

    Losing around 1,500 a month on mine smh

  • @Dreamworkingg
    @Dreamworkingg 3 роки тому +1

    I’m a little bit disappointed as I thought you weren’t charging anything for your course and you bash gurus who charge for there course then found out that it’s 2800 for your course

    • @ericagriffin8237
      @ericagriffin8237 3 роки тому +1

      But look what he does for free. If he can help me acquire a 3rd of what he has we'd be even!

    • @ivanvillena2188
      @ivanvillena2188 3 роки тому

      If he give all this game for free, imagine what the 2800 dollar course will give you.

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +4

      I have a free course right here on UA-cam. My free course is 10x the knowledge of what any other paid course can teach you.
      I wall off my super secret stuff yes. But you don’t need that course if you’re not a host with multiple properties yet

    • @AirbnbAutomated
      @AirbnbAutomated  3 роки тому +3

      (And I am bashing gurus that don’t teach for free and only charge) huge difference

    • @247hero2471
      @247hero2471 3 роки тому +1

      The extras that you get with the course equate to saved time, and time is money. It's worth it.

  • @truthalonetriumphs6572
    @truthalonetriumphs6572 3 місяці тому

    this guy always bs ... so many irrelevant stories instead of the meat

  • @AndrewDanielartofAndrewdaniel
    @AndrewDanielartofAndrewdaniel 3 роки тому +1

    Thank you! Great vid!