330. Hosting Hotline: Tips for Starting a Co-Hosting Business

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Claire asks:My name is Claire and I have started managing a number of other Airbnbs on the island that I live on. I made the mistake of having the listings under my Airbnb account. I really need support on how to run this (co-hosting) business from an admin/legal point of view. What do I need to get in place so that I can grow? (00:01:27) How Should I Expand My Airbnb Hosting Business?(00:03:14) Finding the Perfect (Licensed) Co-Hosting Partner(00:05:35) Understand the Nuances of Longer Term Listings(00:08:26) Benefits to Being a Licensed Host or Co-Host(00:09:23) Sarah’s Advice from Personal Experience (00:12:38) Pros & Cons to Owners Keeping Their STR Listings(00:14:40) Take Home Tips for Managing Rapid STR Business GrowthThanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.comThanks for Visiting is produced by Crate Media.Mentioned in this episode:Booked & Profitable Boot Camp | Get on the waitlist now at thanksforvisiting.com/waitlistJoin us for our live Get More Bookings Bootcamp.