Jon Bell:                              00:00                    In this episode, we’re talking about strategies and how to still generate some revenue during the Covid-19 crisis.

Julian Sage:                       00:09                    Vacation rental machine helps hosts just like you learn how to start, grow and scale your short term rental business. The show’s all about creating systems that help you automate your business, give any more time and money freedom. If you’re ready to start living the vacation rental life, then subscribed to this podcast today, come and join us on our Facebook group, the host nation, where we’ll be talking about starting automating and scaling a short term rental business now onto the show.

Jon Bell:                              00:36                    All right, welcome back, host. Of course, we’re all going through the exact same thing right now. We are either stuck in a poll of an empty calendar or very little bookings. What can we really do to really start to generate some more revenue so we can hit and get above whatever numbers we need to get above, just so we can either break even or still bring in a small profit? So of course, everybody is feeling the effect of all the things that have kind of just calm down. I mean, just today, DC, Maryland have said, “Hey, all businesses need to close at 5:00 PM and there can only be takeout and drive through available for all the restaurants, no movies, none of that stuff is accessible to the public.” What could happen next? What should we be doing in this time?

Julian Sage:                       01:27                    So Jon, everybody’s talking about ways to get more bookings and obviously, you know, expanding onto different platforms like VRBO, HomeAway, Expedia, all those maybe also doing things such as like furnish finders to find your longterm rental tenants. There’s also other sites out there where you may be able to find people that are looking for furnished properties, but what are some of the other strategies that you’re using in your business to make it through this time?

Jon Bell:                              01:51                    Well, you, you named a good one, right? Being able to still list your place furnished is an advantage because it keeps you still ready whenever you want to go back to short term. You don’t want to take the furniture out and then have to put it back whenever your longterm tenant does vacate, but that leads me right into the other option, which is to go ahead and take out the furniture and then list it longterm. The next thing that I would look to do is to try to spread into some of the medical markets. We all know that Hey, traveling nurses are a good niche, but now there is a demand for patients to be placed in external facilities just because people with the virus or thinking that they have the virus are going to the hospitals trying to get tested and the hospitals want to make sure that they are not spreading the virus throughout the other patients that are just there for other treatments.

Jon Bell:                              02:46                    So there is a niche for that. If you do have maybe an elevator inside of the building or you got a first floor master, those people can go there and be accommodated in that way. One of the other that I’m also looking to do is, because my local area is saying that Hey, gatherings of 50 or more people should not be permitted. But at the same time everybody is almost permitted to telework. I want to provide a facility for smaller teams to go and collaborate maybe into my space with my high speed internet and just workable space that they can just come and use that space and we clean pretty much whenever they check out daily. Not necessarily having somebody stay and spend the night, but maybe they’re there just for a meeting or two. That is revenue that we can capture if we can put ourselves in the right niche. These are just a few things that I’m looking to try or looking to do today, but of course this is ever evolving. We all should be creative. We all know our own markets. We all know the drive and the draw. We should look at that and then also try to spell out something that actually could work in our local markets.

Julian Sage:                       04:04                    So question of the day, what are you doing to be able to incentivize business and get people into your properties? Leave it in the comment section down below. Until next time, host nation. Keep on hosting.

Julian Sage:                       04:14                    Hope you hosts found value in this episode. If you did, please go on over to iTunes and leave us a review because that would greatly support the show. If you’d like to connect with Jon the community, and I, then go on over to our Facebook group, the host nation, talk to you hosts in the next step episode.

Julian Sage:                       04:28                    Keep on hosting.