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Home > The RV Entrepreneur with Heath Padgett > RVE 206: How to Remotely Manage Multiple Vacation Rentals
Podcast: The RV Entrepreneur with Heath Padgett
Episode:

RVE 206: How to Remotely Manage Multiple Vacation Rentals
Category: Business
Duration: 00:53:58
Publish Date: 2020-11-24 09:00:00
Description:

After emigrating with his family from Israel, Erez was disenchanted with living in suburbia. One winter he and some friends all went to Destin for a vacation where the home rental owner shared how easy it was to make money renting on the Florida coast.

Erez was intrigued.

So he bought a house.

And then another a year later.

And then another.

And now he and his wife actively manage four vacation rentals in Destin while they RV full-time. He even gets photos of his properties texted to him by his cleaners so he can manage landscaping and home details from a thousand miles away.

In this episode, Erez shares some major insights into managing an Airbnb remotely. Like

  • How one house can bring in $100,000/year
  • How to calculate what you charge nightly + for cleaning fees
  • What yield management is and how it affects bookings
  • Why Erez doesn’t use management companies or channel managers to run his home rentals remotely
  • Why being a good communicator trumps being skilled when it comes to hiring

Plus he shares all the tools he uses to manage his property his answer to the question: how often do things get broken?

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