Profitable Properties - Airbnb Insider Secrets from managing, living in & working at AIRBNB with Daniel Rusteen - Episode #228

2,000 nights as a guest, six continents, and over a hundred cities, Daniel has been living permanently in Airbnbs for the last seven years. He couldn’t have introduced himself any better but that isn’t even the most interesting part about today’s episode. Like we always say, we love true practitioners here in the lab, and none more verified than Daniel, who’s journey took him from wanting to be the best accountant to building his own consulting firm. Daniel Rusteen began his CPA Accounting career at Airbnb but it didn’t feel right because to Daniel, if you can’t be the best, then you’re on the wrong path. Airbnb, before its popularity, encouraged their employees to host. Around this time, Daniel had already been hired and fired by Airbnb, and was now at the cusp of being rehired again in a different department. That was when Daniel took on Airbnbs referral program and performed incredibly. It was obvious he could pull it off without working as an employee, so he ditched the CPA life in exchange for the unknown and it paid off! And that isn’t even the most interesting part of this episode! Daniel breaks it down with us, about how you can optimize your Airbnb, how to look for profitable properties using ‘soft stats’, what makes people stuck, how to get unstuck, and his experience during his time working at Airbnb. A collection of invaluable expertise built through years of experience, that you can only find with guests here at the lab. This episode is a peek into the mind of an expert who’s worked with Airbnb, stays at Airbnbs, and now writes and consults about Airbnb management. It can’t get any better than that. Oh but it can, because listeners can get an exclusive discount when you purchase his book here https://www.amazon.com/dp/B0BZBS4C4F. Use code LABVERIFIED23 to get your 50% discount. This will only be available for three months, so get yours now and let’s build! GUEST SUMMARY Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint HIGHLIGHTS OF THE EPISODE: 22:48 How to get unstuck 42:57 There is no go-to thing; just ‘one in a hundred’ KEEPING IT REAL: 03:04 Daniel’s Airbnb story 09:38 Hosting in San Francisco before Airbnb got famous 12:16 Airbnb wanted their employees to host 14:08 Getting fired from Airbnb 17:52 Airbnb hired me back 20:51 Ditching CPA life Airbnb property management 22:48 How to get unstuck 25:15 Going into the unknown 32:03 You don't have to have a hundred properties 37:48 What makes a property profitable 42:57 Optimizing Your Airbnb 49:35 What you should include in your title 51:25 Rapid fire questions 54:12 Giving an extra star for reviews 56:36 The item that is missing the most 58:28 What is next for Daniel 59:41 What is a minimalist travel 1:10:17 Closing NOTABLE QUOTE (KEY LESSONS): “You don’t have to have a hundred properties to be a successful Airbnb short-term rental host.” – Daniel Rusteen CONNECTING WITH THE GUEST Youtube: https://www.youtube.com/c/OptimizeMyAirbnb Instagram: https://www.instagram.com/optimizemyairbnb/ Twitter: https://twitter.com/Optimizeairbnb Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT: https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ FOLLOW ME ON: Instagram: https://www.instagram.com/therealestateexperiment/ Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network #propertymanagement #minimalist #shorttermrental #airbnb #optimizeyourairbnb