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Condos, DIY, Revenue Management, Direct bookings w/ Chase Ryan!
Description
Chase Ryan runs eight short-term rentals in San Diego and Vermont, leveraging his decade of marketing experience to optimise revenue through aggressive pricing strategies and custom direct booking sites. He opens calendars to one-night minimums at premium rates, uses length-of-stay discounts in Airbnb rule sets to pull prices down for longer stays, and builds Wix-based direct booking sites that integrate with Hospitable - a service now turning into a revenue stream as other hosts pay him to build theirs.
The conversation covers DIY property setup (Chase painted his first rental himself, taking six hours on the first wall), condo hosting under HOA restrictions, the risk of arbitrage when you cannot control lease renewal, switching cleaning fees to 'management fees' to game Airbnb's simplified pricing display, and the danger of chargebacks on direct bookings processed through Stripe. Chase avoids long-term bookings during high season, preferring short-term churn despite the extra work, and warns that Airbnb's flexible check-in toggle keeps resetting to let guests arrive at 10 a.m. when checkout is 11.
Work with us. Interested in professional management or consulting?
Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com
Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts
Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage
All our links: linktr.ee/liveletthrive
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