Remote Airbnb Management with Andrew Street - Episode# 196

We got another experiment here at the lab for y’all. Andrew Street is both an entrepreneur and a short term rental host. His company, BnB monthly provides a new model for short-term rentals. His brand’s vision is to innovate midterm rentals: a 30-day plus stay. It's an elevated way of investing through a flexible leasing strategy. Plus, another factor is that it's an automated business, a marriage of technology, innovation and in the case of Andrew, dedication. You’ve heard of short term rentals, now hear MIDTERM rentals, tune in to learn what a game changer it could be. In this episode, he'll share his insights about the goal of his company, hosting hacks, the Four Pillars and a whole lot more. Opportunities are rapidly popping up everywhere, and its our goal here in the lab to find them and share it to aspiring superhosts. Never has the real estate industry been this ripe for innovation, especially in the rentals space. All it takes is for the right timing, the right ideas, and the right team to come together, and just like it was for Andrew, innovation is just one experiment away. HIGHLIGHTS OF THE EPISODE: 22:02 Hosting hack 31:01 BnB Monthly goals 42:01 Four Pillars KEEPING IT REAL: 0:34 Introduction 1:00 Bigger Pockets 4:59 About Andrew 9:16 Remote management company 11:31 Andrew's call to action 12:52 Turnover BnB 14:04 Hospitable app 17:31 Hostfully app 26:30 Amazon hack 29:39 Customer service is key 33:56 Midterm rentals 36:43 Structuring a 30 day minimum stay 40:05 www.BNBmonthly.com 42:45 Technology insight 43:47 Furniture insight 45:08 Analysis insight 47:38 Management insight NOTABLE QUOTES (KEY LESSONS): “Having that ability to just be responsive is gonna change the world for your guest” - Andrew Street CONNECTING WITH THE GUEST  Website: https://bnbmonthly.com/ Facebook: https://www.facebook.com/realandrewstreet Email: [email protected] 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 Instagram: https://www.instagram.com/therealestateexperiment/?hl=en Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0  #airbnb #shorttermrental #bnbmonthly