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The Airbnb Filter That Was Killing Our Bookings - Turning Off the Three-Stay Rule
Description
Steve and Myka wrestle with a suspected Airbnb bug suppressing bookings for hosts who require guests to have three or more prior stays. They landed on turning off that filter after realizing it blocks newer travelers - potentially 60-70% of the market. The hosts then compare wild revenue swings in short-term rentals to the unpredictable stakes of Texas Hold'em poker, explaining how they survived the latest dip by manually slashing prices week by week, flipping on instant book, and eliminating cleaning fees until demand returned.
The conversation ranges across raising prices again now that bookings are flooding back, the mechanics of owner-finance deals versus traditional mortgages, an owner-finance townhome offer at 4% interest with an HOA eating most of the Section 8 rent, and why both hosts now use friendly profile photos instead of corporate logos to attract the demographic their Dallas and Fort Worth properties suit best. Myka announces he is swapping queen beds for kings across his portfolio and advises anyone taking over a client's arbitrage to budget for new furniture rather than buy worn-out Wayfair pieces at a loss.
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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