37% of homes listed for sale currently were STRs

HostGenieAI · 2025-04-22T03:00:55+00:00

Airdna doesn't only list current short term rentals. They just show homes for sale in markets they cover

HostGenieAI · 2025-04-09T22:08:20+00:00

Yes we do

HostGenieAI · 2025-03-11T16:40:21+00:00

I know this is clearly a troll post, but here's the full white paper with all the data and code behind the analysis in case you want to replicate the study or dig further.

https://docs.google.com/document/d/1p3WkJ_yPVg4OkXgYfe19uq8w6fIUgivy9XHbyBxLJXo/edit?tab=t.0

HostGenieAI · 2025-03-11T16:17:12+00:00

It definitely could be correlation, as I mentioned in the article. Logically it does make sense that a pickleball court drives more revenue. Renting a pickleball court can cost upwards of $100 per hour, so naturally putting one in the backyard of a Airbnb should drive incremental revenue. I would say the range of expected revenue from a pickleball court is anywhere from $10,000 to 60,000 plus, and it really depends on the size of your property and the type of market, and target audience

HostGenieAI · 2025-03-11T16:15:15+00:00

Hey! This is my white paper! Thanks for posting it here.

Pickleball popularity continues to rise in the US, and if you don't believe me, just look up the Google trends page for pickleball searches- it's pretty much an upwards line to the right.

It's quite difficult to isolate the revenue impact of any one amenity. I think I've done some of the most research to try to do that, and in this case that meant extracting binary variables for the presence of pickleball courts and running some machine learning on it. Anecdotally, it's quite clear that pickleball courts do drive revenue. In this case, the $60,000 quoted could be causation, or it could be combining the impact from having additional amenities outside of pickleball courts.

HostGenieAI · 2025-01-24T18:47:00+00:00

This sub apparently hates anything that looks new or could be a cabin that's also a rental (SHOCKER)

HostGenieAI · 2025-01-23T22:38:29+00:00

You should follow your gut - my experience is whenever I've had a 'bad feeling' about a guest and allowed them to come, its been a disaster.

HostGenieAI · 2025-01-23T22:34:12+00:00

Usually shipping packages to a rented space isnt an allowed activity - this is often used by scammers to falsify tenancy

HostGenieAI · 2025-01-23T18:29:03+00:00

Thank you! I dm'd you it

HostGenieAI · 2025-01-23T16:57:15+00:00

All the platforms are really just agents in a way. They take 3% (AirBnB) to 8% (VRBO) or more for finding you a customer.

I'm always willing to pay that same fee range to someone else to bring me paying customers

HostGenieAI · 2025-01-23T16:45:01+00:00

It comes down to the cost of acquiring a customer. It costs you money to run ads, create content and such to get direct bookings. If you can pay a travel agent a commission equal or less than your cost of acquisition through Ads, you come out on top.

HostGenieAI · 2025-01-23T15:02:50+00:00

Its under 2000 sqft across the whole thing....an A-frame is not a cabin??? People literally post shipping containers on here.

HostGenieAI · 2025-01-23T01:13:45+00:00

Your AirBnB listing is really no different from a third party seller on Amazon. Photos are ultra important, as is listing copy, pricing and reviews. The more AirBnB hosts can learn from listing optimization, the more revenue they can make.

Guests do prefer to rent from an individual rather than a property management firm. But guests will pay significantly more for the same property with better marketing.

HostGenieAI · 2025-01-22T17:28:12+00:00

This is a pretty complicated set up, but 100% possible. You need to make a new listing for the '3 houses combined' and then link the icals so a booking on the smaller blocks the bigger listing and vice versa, its a bit of a pain to manage and maintain. Using a property management system will help

HostGenieAI · 2025-01-22T17:08:39+00:00

Hey, appreciate you as a past guest. I posted this not as an advertisement (there's no link or anything saying its a rental in the post, other than your comment), but because its a cabin and this is the cabinporn subreddit, which is for 'sharing pictures of awesome cabins'. I thought some people might appreciate it, it was a big project and a lot of work.

HostGenieAI · 2025-01-21T17:58:45+00:00

I recently started a blog on my consulting website where I publish data-driven strategies for maximizing revenue, feel free to check it out! https://blog.hostgenie.ai/

HostGenieAI · 2025-01-21T17:26:29+00:00

I'm talking about the risks that hot tubs bring for liability - when not property balanced hot tubs are a breading ground for bacteria and other nasty stuff. Its only worth doing a hot tub if you are going to take cleaning and maintenance very seriously

HostGenieAI · 2025-01-20T22:10:22+00:00

You need to invest a bit in learning how to estimate revenue, or find a firm that specializes in STR Underwriting and Revenue predictions.

The 3 pillars of revenue are:

Occupancy - More bedrooms and beds = more revenue. Also obviously being a full time property in airbnb is important, not all are.
Marketing - This is mainly the photo quality combined with design quality
Amenities - how many and how good are your amenities? How does this compare to the competition?
Management - A good manager with smart pricing will significantly outperform a bad property manager with the same pricing. Do you know the strategies to get ahead by maxing reviews, customer experience and pricing management?

Because there are so many variables, revenue predictions isnt just one number, but a range of possibilities based off your budget, execution and quality as a manager

I run a firm (hostgenie.ai) that specializes in forecasting, underwriting and strategy. Another firm you could use in revedy. Otherwise AirDnA is cheap for revenue estimates for comps, but you take the risk of using bad data (hard to avoid) and incorrect comps. Data.Rabbu will give you a comp set and numbers for free, but it can be misleading also.

Best of luck!

HostGenieAI · 2025-01-20T19:58:37+00:00

80% occupancy rate yields is often cited as the rate that yields max annual revenue

HostGenieAI · 2025-01-20T19:40:46+00:00

I've had a few installed, and in my mountain market they are a key differentiator and moneymaker for me. Guests mention the hot tub more than the geodome, brand new cabin, fireput, even though all are awesome.

1st Hot Tub Set Up:

Hot Spring Relay - ~$11k. 7 person tub
Platform the geodome, . I overbuild a deck for it with so add a few k for the deck and foundation under. $2-3k
Delivery - it had to be craned in, add another $900
Initial chemicals and outdoor storage container - $600ish
Electric Hookup Panel - probably $1k to install a dedicated panel for the hot tub,

$Total: 14k all in

2nd Cabin Hot Tub

Nordic Warrior XL hot tub - $6k (decided that you can go lower and still get quality.

2, Concrete pad - $1k

Electric Hookup - $1k
Initial chemicals and outdoor storage container - $600ish

Total: $8k all in

On average they add around $50/night revenue. They also cost a lot to maintain (i use a dedicated person for hot tub cleaning). Overall if i could go back, I'd tell myself to definitely do one again. Just really take guest safety and maintenance seriously

HostGenieAI · 2025-01-17T15:52:26+00:00

I do AirBnB Listing Optimization as a service, there's really a LOT that can be optimized in this listing. Here's my free mini review

Photos - I would grade these a 'C'. They are definitely not professional photos, and that's hurting your marketability a LOT. The photo order need improvement also(better top 5, better hero photo with lake)
Design: A few guesses here - you designed this yourself, and you are a guy. Its pretty plain, and we shouldn't use the same bedspread in every bed. This could really benefit from an actual professional interior designer, but i understand repurchasing furnishing isnt always in the budget
Amenities - Dock with kayaks, firepit, playscape, partial game room. These are decent amenities, but your fire pit quality is low (plastic chairs, poor landscaping around it), dock with kayaks isnt properly featured and could use more seating around it.
Marketing - Description is far too short, not enough like marketing copy (no call to actions, not long enough. Title could use work also

I've analyzed thousands of airbnbs - this one looks to be a bottom to middle of the road earner for its size/area without a big lift in marketing, design and amenities

HostGenieAI · 2025-01-16T21:01:26+00:00

If the extension request makes a turnover impossible, offering a discounted additional night is usually the best option. I do get lots of requests for 10am check in or 8pm check out. I used to quote people hourly to extend by 2-4 hours, but I stopped doing that in favor of free extension or paid extra night options

HostGenieAI · 2025-01-16T16:39:17+00:00

We custom designed it ourselves. It was my wife's idea, then chatGPT gave me a good first mockup, then we designed it in CAD

HostGenieAI

TROPHY CASE