How to Manage Airbnb Remotely
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This video answers the question, “Can I manage Airbnbs remotely?” I go over the steps to get started in remote Airbnb management and what exactly you should focus on.
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This is a video packed with gold. I am asked constantly if they can manage Airbnbs remotely.
Working remotely was already popular, but it became VERY popular thanks to COVID.
The good news is that managing Airbnbs remotely is very possible. And you can do it from zero to six figures quickly, or anywhere in between.
In this video I break down the two main types of management, and which one is better suited for fully remote management.
(That’s not to say you can’t do all types remotely, but there is one definite winner.)
I talk about exactly what services you’re likely to cover and how you would serve your clients.
Then, I go over the exact steps to actually starting your management business.
Because certain things happen with certain steps, it’s very important to do these things in a certain order.
I break down the steps and the order of events. After watching this video, you can go from having no idea to having a presentation for potential clients that you’re confident to present. You will know that your offer will be like music to their ears.
Finally, I share the types of property owners you are likely to find looking for pre-check in management.
What's up guys, it's James here and in today's video, I'm going to talk to you about the key to success managing other people's properties on Airbnb remotely. So I want to talk about this because I get a lot of people reaching out saying, hey, I want to manage properties, but I want to manage them remotely, I want to manage them in some other location. And I want to start building a full time income managing other people's properties on Airbnb, but I don't want to do it locally to me, and I want to do it in a way that allows me to travel like I want to go see the world, I want to have the freedom to travel, live, where I want to live, do what I want to do, while I'm making a nice income. And so this video, I'm going to talk to you about the key to being able to make that a reality. Now before we jump into all that I do want to remind you, there is a link in the description down below to a free training that's going to walk you through the step by step by step process for exactly how to do this and how to build this business, it's going to walk you through everything, how to find clients, how to get them on board under management, how to actually get the property up and running, how to maximize its profitability, how to manage it ongoingly, everything from A to Z, it's going to help you to get a six figure business built in record time. So I highly recommend checking out that training. The reality is there's just only so much that I can talk about here on a YouTube video that I can actually cover in the few minutes that I have in these YouTube videos. So if you want that in depth training, then just register in the link down below. Now, that being said, let's talk about the key to success when you're managing properties remotely. And it's something that I think honestly, a lot of people, it just doesn't occur to them. But it is pretty basic, it is pretty common sense. It's just not common practice. And that is that you want to focus if you want to manage properties remotely, you need to focus on finding property owners who want a remote manager meaning property owners that want ideally, if you're managing remotely, the easiest way to do it is to do what's called pre check in management mean that you're only managing the online aspects of the listing for the person basically everything that happens before the check in. So that would be pricing, the listing, optimizing the listing itself, you know, getting a photographer in there. So the listing is optimized for getting the listing kind of up and running, managing it in terms of the guest communication and managing the calendars, availability, that sort of stuff, that is all stuff is done exclusively online. And so that's the easiest way to manage other people's properties remotely. And I'm not saying you can't do what's called full service management remotely, you can and we have a lot of students that I work with that do that as well. It just requires more systems to be built to, you know, do things like for example, scheduling and managing the cleaners and the maintenance team if you're not near the property there. So that's what I want to focus on here is let's talk about pre checking management, because that's one that's the easiest, and the most common if you are doing remote management. Now, in order to do that, you need to find people that actually want that pre check in service, you don't want to go and find people that want full service, they want a full service property manager, and then go Okay, well, I'll give you half of what you want, that's just not going to go so well. Because ultimately, the value proposition isn't going to be strong enough for them to say yes to you. But the really nice thing is that there are some property owners that are just looking for pre check. And they actually don't want those other elements of the full service management, things like cleaning and maintenance management, they just want someone to go behind the scenes and optimize their listing for them and do some of the guests munication those are your ideal customers. And usually those people will have multiple properties. Because from my experience and my students experience, what we're seeing is that the majority of the property owners that fit that bill fit that mold are going to be property owners that are usually investors with three to five or more properties. And the reason that they don't want to have a cleaning and maintenance management included in the service package is because they usually once they have a portfolio of multiple short term rental properties, they usually already have a cleaner and maintenance people that they like to use. So for them to then switch over to your team, there's not really much benefit of doing that they would have to take work away from these people that they have an established relationship with, which they usually don't want to do. And they would also then have to, you know, be comfortable with whoever you have on your team there, you're kind of solving a problem that just doesn't exist for them if you try to take that stuff over. Whereas if they can integrate with someone that can just take care of the online aspects, they can still use that cleaner they're comfortable with and have a relationship with. And same goes for the maintenance, that can be a dream come true for them. So it really comes down to finding that niche figuring out exactly what specific groups of property owners you want to be focusing on and serving. And then you also do want to really focus on one specific area, you know, the common mistake that I see you're making is they go well, I want to manage properties remotely, so I'll just manage them anywhere and everywhere. You don't really want to do that because it makes your business more complex than it needs to be suddenly now you're managing properties in three different states. Well, you have to understand the seasonality of three different states. You have to stay in touch with what events are happening in three different states throughout the year. You To go and do all this understanding of all three different locations just to manage three properties, let's say as opposed to just doing it all once so it basically just triples the complexity in your business without any real benefit. So you do want to focus on one specific area and you do want to focus on one specific type of property owner that actually needs the service and their ideal solution to their problem is the service that you want to offer them Don't try to fit a square peg into a round hole. So those are my number one tips for managing properties remotely on Airbnb successfully but again, if you want the full in depth step by step walkthrough exactly how to do this and how to build a six figure income then I highly recommend checking out the free training that's linked in the description down below. Now if you like this video if you got value from it, give it a thumbs up I do my best to bring as much value and bring as much interesting insightful information to these videos as possible so if you did get value from it if you liked it or if you didn't like it and you just want to be a nice person and support me and support this channel, then go ahead and click that like button I really do appreciate it means a lot to me It helps the channel out tremendously. So please just go ahead and click that like button and if you're new here to the channel if you haven't subscribed yet, then you're sleeping make sure that you hit that subscribe button I do post two new videos every single week talking about all things Airbnb, short term rental, both investing and managing for other people. So if you want to stay up to date with all that content, hit that subscribe button, make sure you stay in touch with the channel and I'll see you in the next video.Expand