🌅 AirBnb/Short Term/Furnished Rentals
Getting Started
- Understanding Airbnb Market
- Understanding City Regulation (2)
- Airbnb Costs (Furnishings) (2)
- Airbnb Softwares (2)
- Airbnb Team (2)
- Airbnb Operations (DIY) - Be your own STR PM (2)
- Airbnb Property Management (2)
- Airbnb Marketing (SEO, Rankings, Pictures, Description) (2)
- Airbnb Legal Structure (2)
- Airbnb Tips and Tricks (2)
- Airbnb Case Study (2)
- Youtube Tutorials (References) (2)
- Booking Platforms (2)
- ☐ Tools: Look into automation to save time and effort (smart locks, thermostats, noise sensors, security cameras, vacation rental software)
- ☐ TODO: See links below
- ☐ See —> https://www.notion.so/subtlere/Smart-Locks-8ba177c16123425995a3dd4c5fc6659b
- ☐ Figure out if you want pets:
- ☐ If you do how much you charge
- ☐ If you don’t see:
Pro
Higher cash flow
Make use of unused space or vacation homes
Furnished 30 day+ rentals avoids issues with laws and taxes
Opportunity for rental arbitrage
Interior design/decorating to stand out
Con
Higher taxes
Unfavorable laws and HOA limitations
More vacancies
Harder/more expensive to manage
More damage to homes
Income seasonal / less predictable
Requires furnishing and linens
High-touch management if self-operating
Higher PM fee if working with property management
Difficulty in getting lending
Management
Should I lease (arbitrage) or buy an Airbnb?
📺 Airbnb Arbitrage = Glorified Maid
- Inability to Capture Appreciation
- Inability to Grow Equity
- Lack of Control
- Smaller Tax Advantages
(The explanatory text under each point was an excerpt pasted from a published commercial real estate guide on leasing vs. owning; it has been omitted here.)
Subtle Asian Real Estate STR Exchange
You should be spending less than 5 hours on your Airbnb. If this is not the case, there is ALOT of room for optimization.