Episode 187: Managing Airbnb's - Business Tip of the Month with Bryan Banta of National Pool Partners

Episode Summary:  In today’s edition of Business Tip of the Month, we’re joined by Bryan Banta, Founding Partner and President at National Pool Partners.  Listen in as Bryan answers the two questions, “Should you consider Airbnb accounts?” and, “How can you reduce risks and make a profit servicing vacation rentals?” When it comes to these accounts, pool professionals often become confused when it comes to pricing and factoring in liability.  “The problem we have here is that these are pools in residential neighborhoods, they have the same size as every other pool on the street that you’re probably already servicing, and maybe they even bought the house from a previous customer and now they’re renting it out.”  Bryan stresses the importance of clarifying with the prospect whether or not the property is a vacation rental right off the bat and setting expectations with them in a way that minimizes risk and maximizes profit.  Topics Discussed:  00:40 - Challenges that the AirBnB phenomenon presents  01:41 - Determining which properties are AirBnBs  05:50 - What to require of clients with vacation rentals  09:30 - Dealing with vacation rentals emergencies  13:24 - Additional time and chemicals typically needed