How to Run an Airbnb Business from Anywhere in the World!

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  • čas přidán 7. 08. 2024
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    As your Airbnb business grows you'll more than likely have to start managing your properties remotely. I currently have properties across the US and I can run my business from anywhere in the world. Here's the best tips on how to choose who manages your property, how to find them, and how much they cost. Enjoy!
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Komentáře • 118

  • @NoName40460
    @NoName40460 Před 6 lety +26

    It's rare that I find a video that talks about EXACTLY what I needed to hear. So thank you for making this video concise.

  • @SamosCheesecake
    @SamosCheesecake Před 4 lety +6

    Hi, I live 10.000 km from my properties. i work in China and manage my property. i have been doing for a year and is going very well

  • @HellaBella
    @HellaBella Před 6 lety +39

    Great tips! I have a cleaner who I pay $40 and she has a full checklist to get my property ready. She knows where everything is and let’s me know when we’re running low on amenities or cleaning supplies. I was cleaning it myself, but I’d much rather save 2-3 hours of my time and energy and pay her.

    • @imrichardfertig
      @imrichardfertig  Před 6 lety +8

      Boom. That's the right mindset Hella

    • @oliverbytes
      @oliverbytes Před 6 lety +2

      Hella Bella hi Hella, thanks for sharing. Do you pay her hourly or per cleaning?

    • @michaeljones5552
      @michaeljones5552 Před 5 lety

      Can you call me 7026371612 Mike I have a home owner interested

    • @HellaBella
      @HellaBella Před 5 lety +3

      Oliver Martinez I pay per cleaning. She is a trusted family member and I want it to be worth her time. Especially since sometimes she is coming on short notice.

    • @Reddylion
      @Reddylion Před 2 lety +1

      Good

  • @reachtrita
    @reachtrita Před 5 lety +4

    Really helpful information that we’ve been waiting for. You’ve answered every question we’ve been wondering. Excellent, simple explanation. Thank you so much!

  • @utmosthosthawaii8723
    @utmosthosthawaii8723 Před 6 lety +3

    I've watched every video on your channel multiple times, and just joined the waiting list for STRU! My wife and I run a STR management company (option #2 in your video) here in Hawaii, and your channel has helped us in helping our clients (Home owners) to maximize their listings! Thanks so much for all your advice, and looking forward to much more!

  • @isstadrashadeemrealestateh7240

    Richard,
    thank you so much for sharing this valuable info.
    This video highlights the choosing an Airbnb management expericence perfectly. thanks again.

  • @edyrovelo3719
    @edyrovelo3719 Před 5 lety

    Once again thank you Richard for sharing such valuable information, can't wait to get to the stage and do my own part
    Best to you Richard !

  • @mitchellwarden4764
    @mitchellwarden4764 Před 5 lety +2

    I really like your channel. Thank you for the advice

  • @ojbeez5260
    @ojbeez5260 Před 4 lety

    Great, no bull approach to your videos. Subscribed!

  • @katherinejimenez4956
    @katherinejimenez4956 Před 5 lety

    Excellent Tips! Thank You!

  • @loveaatl
    @loveaatl Před 3 lety +4

    Hi Richard,
    Great videos! I'm so glad I found your channel. When you hire option 1 and 2. Are you still listed as the host and the managers as co-host? Or are the management companies become the host and your are the co-host? Or stay completely behind the scene?
    For new hosts which way is better? I'm guessing listed as the host might be better for building long term reputation and if a change of the property manager is needed. What do you think? Thank you so much!

  • @ChiChi-zw3fw
    @ChiChi-zw3fw Před rokem

    Newbie to the AIRBNB world . Great information. Very knowledgeable! I’m excited .

  • @aishahe4225
    @aishahe4225 Před 3 lety

    Thank you very much. Extremely beneficial info.

  • @rainboots8069
    @rainboots8069 Před 7 lety +4

    This was super informative thank you !

  • @akintola12370
    @akintola12370 Před 3 lety

    This was a great video. Thank you

  • @JeanYoungmyphotos
    @JeanYoungmyphotos Před 2 lety

    Excellent content! I manage 6 listings (one +31 days) and am at my overwhelm point with a full time job on top of it. I agree with your assessment of professional prop mgmt folks (Option 1) come at a high price tag 20% and lowest quality. I use Option 3, my own team for turnover cleaning. I am trying to unload more responsibility by finding Option 2 folks for greeting, laundry, and correspondence, since I have done this for 5 years without the opportunity to take much time off.

  • @Empresskimz
    @Empresskimz Před 5 lety

    You are excellent! Excellent!!!

  • @VictorGarzaPhotography

    Excellent tips!

  • @nkishorebabu
    @nkishorebabu Před 6 lety

    Hi Richard, Thanks for the valuable info. May I pls know if you have any suggestions for finding small business owners/entrepreneur (#2 model) online, apart from talking to realtors.

  • @mkptrsn
    @mkptrsn Před 3 lety +6

    Dealing with laundry remotely is the tough part for me.

    • @RobertLinthicum
      @RobertLinthicum Před 2 lety

      Especially difficult when there is no washer and dryer, yes! Paying someone to go to the coinop is expensive as well.

    • @lindam4259
      @lindam4259 Před rokem

      @@RobertLinthicum My cleaners will do it...told me to have three sets of sheets for each bed...they take the soiled ones and return them cleaned the next time they come.Ditto for towels!

  • @georgefrank2003
    @georgefrank2003 Před 2 lety

    As always. Thank you.

  • @kennedycurrie6487
    @kennedycurrie6487 Před 2 lety

    Thanks a lot!

  • @dorishua5581
    @dorishua5581 Před 7 lety +2

    Hi Richard , thanks for so many informations I have some questions :
    1 . How we collect money , credit card , check
    2 . What we side for looking customer
    3. Do u have the basic rule of renting house
    4 . Where I can hire someone taking care for us when we are sick or vacation

    • @imrichardfertig
      @imrichardfertig  Před 7 lety

      Hi Doris!
      1) Airbnb or VRBO will collect the payment
      2) Not sure what you're asking here
      3) Yes I have house rules such as no parties or smoking
      4) Watch this video: czcams.com/video/OcsjWvaiMK8/video.html

  • @douglasjre
    @douglasjre Před 5 lety +2

    Richard I follow your videos faithfully and I've seen almost every one of them. They're all insightful and helpful. Thank you so much. As I look to purchase my second unit I consider issues of managing it remotely. The biggest issue I have is which lock set to purchase. It seems to me that batteries will need to be replaced and housekeepers will be fumbling in crating issues doing so. Which lock set do you recommend for rentals?

    • @imrichardfertig
      @imrichardfertig  Před 5 lety +1

      Douglas Re I’m currently testing the August lock. So far, digging it. We are putting together a tool to help with all those reminders, automate those tasks! Join us at the Facebook free group: short term rental university

    • @douglasjre
      @douglasjre Před 5 lety

      Thanks a bunch!

  • @euanzhang1620
    @euanzhang1620 Před 7 lety +5

    Thanks for all of your hard work Richard. I'm also interested in whether you've tried any wifi connected smart locks, particularly the ones by Schlage. What are your teams composed of? Do you have a lawn guy, or someone who looks after the exteriors?

    • @ryantfinchum
      @ryantfinchum Před 7 lety

      Lockstate locks are expensive.. But so worth it..I will not go without them

    • @imrichardfertig
      @imrichardfertig  Před 7 lety +2

      Still testing smart locks. I've traditionally just just standard masterlock lockboxes. Want to fully integrate smart locks before giving a recommendation. And yes, each property is a little different sometimes I can find people who take care of multiple things

  • @jodylowe8476
    @jodylowe8476 Před rokem

    Next year, i will convert a long term rental i have in colorado to a str, which i hope and think will greatly increase my revenue on that property, and will likely go with the Full Scale management model, just to get started up. Then maybe work towards self management as i feel more comfortable.

  • @tonyravelo9485
    @tonyravelo9485 Před rokem

    Hi , my name is Tony and I’m trying to start doing air bnb with the 3rd option. My question is ,how do I get the clients for rentals. How does it work. Where do I advertise and what to do in order to keep the apartments rented. Thanks

  • @jimboagustin4107
    @jimboagustin4107 Před 2 lety

    Hepful video👍

  • @dustin2go
    @dustin2go Před 7 lety +9

    Love the shirt. Do you know where I can get one?

    • @imrichardfertig
      @imrichardfertig  Před 7 lety

      I bought it at the Airbnb Open last year but I think you can buy them here as well: geni.us/YHfTOR

  • @alohastateofmind3565
    @alohastateofmind3565 Před 5 lety

    I'm interested in buying a property in Mexico to Airbnb, do you have any advise or insight that would help me avoid any pitfalls?

  • @arturomagallanes6183
    @arturomagallanes6183 Před 5 lety

    thanks

  • @jamescc2010
    @jamescc2010 Před 6 lety +2

    Great info. What do you think of future of Airbnb in slow down economy in USA?
    Is it better than renting out a property?

  • @yugottam
    @yugottam Před 6 lety

    How can i host many properties using one phone number and Email for each. please reply

  • @LM-cl6ys
    @LM-cl6ys Před 3 lety

    Any recommendations regarding airbnb/ property managers in panama city and/or panama pacific coast?

  • @alexanderchenf1
    @alexanderchenf1 Před 6 lety +1

    Appreciate it. But in my current situation, with one 3-bedroom unit (I live in the master room) and limited capital ($17,000), I really think about relocating to a better city instead of New Orleans - which is a good place for hosting profit, but a bad area in general.

    • @fighterflight2492
      @fighterflight2492 Před 6 lety +1

      C Alex How is it a bad area… the crime rate? Tough to find properties much cheaper than in New Orleans I would think.

    • @ThePorshaEdmun
      @ThePorshaEdmun Před 5 lety

      Lol we always do AirBNB when we visit New Orleans

  • @stanmoney8470
    @stanmoney8470 Před rokem

    Is that 10-15% per booking or a month?

  • @abrahamjimenez92
    @abrahamjimenez92 Před 4 lety +2

    I'm hiring a cleaning lady and have my aunt that lives in the same building hang they key to the guests and cleaning lady. I will also leave her money so she can pay the cleaning lady

  • @Reddylion
    @Reddylion Před 2 lety +1

    Good

  • @tobsstone
    @tobsstone Před 6 lety +3

    Just because I​ know you like to nitpick (for good reason), and you are probably a perfectionist, at 07:45 you spell currently 'currnetly' :)

  • @aga2353
    @aga2353 Před 3 lety

    I want to become a property manager, how to do this? I live in Europe

  • @roseyy6905
    @roseyy6905 Před 5 lety

    hello Everyone..I would like to be a property manager but i have no idea how to start... Please Help

  • @AngcoolJay
    @AngcoolJay Před 4 lety

    Im really interested in setting up an airbnb business now

    • @jaesoncortez9859
      @jaesoncortez9859 Před 4 lety

      @Angcool Jay, I Met a guy who knows Airbnb like the back of his hand.
      He helped me get started and personally hand held me through the process of picking up my first AirBnB Passive Income property in a couple of weeks, without owning. JimGCoachingClub YT video's go deep. You guys should connect...

  • @daurenasrymbetov2382
    @daurenasrymbetov2382 Před 4 lety

    7:47 current is misspelled. it just caught my attention

  • @dwightlassiter6143
    @dwightlassiter6143 Před 6 lety

    I see several can go Around a Steering wheel😂😂😂💯

  • @drrettner
    @drrettner Před 6 lety +1

    I'm in the process of purchasing a tiny house and plan to do an airbnb. What do you suggest watching or reading of your materials that will take me step by step in order to be a success?

    • @imrichardfertig
      @imrichardfertig  Před 6 lety

      I'd say just go to all the videos on this channel and click on the ones that interest you. Any specific questions you have?

    • @jaesoncortez9859
      @jaesoncortez9859 Před 4 lety

      @Raphael Rettner D.C., I met a guy who helped me get started and personally handheld me throughout the process of getting my first Airbnb generating income property. FYI in just 4 weeks and without owning it. His name was Jim from Jim G Coaching Club. Checkout his YT channel "Jim G Coaching Club" his vids go deep. Hope this helps.

  • @gofdoom10
    @gofdoom10 Před 3 lety

    do i need to send the cleaners a 1099? or can i list it as an expnese on schedhule e

  • @juanchirino9641
    @juanchirino9641 Před 6 lety +1

    In Tennessee, the management companies charge 40%

  • @anzelic9
    @anzelic9 Před 6 lety

    Hi Richard , thanks for so many informations! I live in Greece at Thessaloniki city and i have a cleaning services office. How can i clean for Airbnb business houses etc. here in my city? is it possible? thank you and greetings from Greece!

    • @orpheasnestos7444
      @orpheasnestos7444 Před 6 lety

      anzelic ennea You should probably get in touch with each and every property owner listed on Airbnb in Thessaloniki. The thing is that you will probably find few that manage their property remotely. Most of owners in Thessaloniki actually live in or near the city and do the cleaning on their own or have relatives do it for them. You probably have more chances in Halkidiki because there are many properties there that have owners who do not live nearby as it is a huge holiday destination. Good luck!

    • @anzelic9
      @anzelic9 Před 6 lety +2

      thank you Orpheas! :)

    • @orpheasnestos7444
      @orpheasnestos7444 Před 6 lety +1

      anzelic ennea Παρακαλώ ! :-)

    • @estherpeggy2160
      @estherpeggy2160 Před 4 lety

      Hi anzelic ennea, I am starting an airb&b in Perea .
      I am searching for a cleansing service.
      Can I contact you ?

  • @jakeb9757
    @jakeb9757 Před 6 lety +1

    what do you do about furniture? do you rent furniture...

  • @veneno276
    @veneno276 Před 2 lety

    I tried to post a house in Cancun Quintana Roo México THEY DON'T even let me finish to post it, the cancel my account, a guy named Reo decided it, who knows why, then I escalated then a guy Leon ask me for a lot of stuff and still lock,then now no one answered my emails and when I call they don't know anything, Airbnb is a very scary company to work with. They just decided to accuse me of something but they don't know

  • @ChefCateringLeeds
    @ChefCateringLeeds Před 4 lety

    You would have to have a high yielding property to justify paying others to clean up and sort the beds and tea trays etc!

  • @lsmitty8839
    @lsmitty8839 Před 6 lety +1

    Can a town legally prevent you from Air B&B ing your property ?

    • @blueblur1984
      @blueblur1984 Před 6 lety +1

      In a round about way, yes. In the south lake tahoe basin you are required to have a business license for vacation rentals and they limit the number of permits available. Fines for violating range from a couple of hundred to several thousand depending on the severity and frequency. The locals are tired of having their neighborhoods overrun by bay area tourists.

  • @emilio4974
    @emilio4974 Před 5 lety +2

    I'm having trouble getting owners to agree to allow for subletting. Any suggestions during your initial pitch (if planning to rent rather than buy)?. Thanks

    • @jaesoncortez9859
      @jaesoncortez9859 Před 4 lety

      @Emilio, I met a guy who helped me get started and personally handheld me throughout the process of getting my first Airbnb generating income property. FYI in just 4 weeks and without owning it. His name was Jim from Jim G Coaching Club. Checkout his YT channel "Jim G Coaching Club" his vids go deep. Hope this helps.

  • @elizabethsergent6354
    @elizabethsergent6354 Před 5 lety

    I have a house full of furniture how do I get started on Airbnb it empty for 11year how do i talk to you private

  • @hampigh3323
    @hampigh3323 Před 7 lety +2

    Hey love the vids
    How would you automate the check and checkout
    Has anyone tried smart locks
    I have a unit in a condo and find it difficult to automate
    Anyone have a similar issue
    Thanks

    • @ryantfinchum
      @ryantfinchum Před 7 lety +1

      Karno robertson automate how? I have lockstate locks and they are a dream..I don't check in, checkout, or do anything but message my guests.. Totally automated..

    • @olenDJ
      @olenDJ Před 7 lety +1

      Karno robertson I just use a number lock, and attached the main door key on it 😂 works great and I change the code every once in awhile.
      and I only put the number lock on the gate when there is a check in.

    • @hampigh3323
      @hampigh3323 Před 7 lety

      Ryan Finchum is your location a condo?

    • @hampigh3323
      @hampigh3323 Před 7 lety

      olen (DJ) ideally one lock boxes that real estate agents use would be perfect except not use how it works if the door handle is is just a handle L shape instead of round

    • @ryantfinchum
      @ryantfinchum Před 7 lety +2

      no...it's an apartment i lease...the owner knows how i'm using the property (for AirBNB) and i disclosed everything, including changing the lockset, in a lease addendum...i don't do this business without the owner (or condo association) knowing EXACTLY what i'm doing...then i go above and beyond in terms of taking care of their property...i'm better than any tenant ;)

  • @jcjimenez5327
    @jcjimenez5327 Před 6 lety

    Hi Rich. ill be in NYC soon. I'm working on somthing big. We should meet.

  • @aliacunanan7899
    @aliacunanan7899 Před 4 lety +1

    Anyone here looking for a Property Manager/Virtual Assistant? I'm from the Philippines and I used to work with Airbnb Customer Experience Team. 😊

  • @dwightlassiter6143
    @dwightlassiter6143 Před 6 lety

    Haven't seen that in A while....

  • @elcaboofficial1932
    @elcaboofficial1932 Před 5 lety

    Hey can you contact me I have a small business husband wife cleaning/maintnence I have all tools llc everything high end clients but I’m looking to get in this business any info

  • @kylerodgers600
    @kylerodgers600 Před 6 lety +2

    Need help finding properties? I have landlords willing to rent for Airbnb purposes.

  • @codylocklin4610
    @codylocklin4610 Před 6 lety +1

    Is anyone interested in a co-host/property manager??

  • @ChefCateringLeeds
    @ChefCateringLeeds Před 4 lety

    It took me four hours to turn round my air BnB, the guests were mingers, the worst I’ve had, washing up everywhere.

  • @rclee2461
    @rclee2461 Před 5 lety

    Terrible music

  • @adyfrijan6217
    @adyfrijan6217 Před 3 lety

    Aint no body watch this!

  • @shirleydiwert943
    @shirleydiwert943 Před 5 lety +2

    Air bnb should be shut down, putting many homeless. It is evil taking all housing from locals, a weapon of mass destruction, not needed, devastating neighhoods etc etc

    • @TheLeo4975
      @TheLeo4975 Před 5 lety +4

      Shirley Diwert could you please explain how??