Wouldn’t it be amazing to be able to travel all around the world, stay at Airbnb’s, and find opportunities to invest in the local area?
In this short term rental success story, I speak with Kate Birtch, who over the course of 6 years has purchased and managed 6 vacation rental properties ranging from Hawaii, Vietnam, Texas, and Cape Town South Africa.
Kate, who runs a successful short term rental insurance startup called Property Protect, has been able to travel and find opportunities in foreign countries to Airbnb.
Kate is an opportunist who likes to identify herself as a digital nomad. She is a big believer that anyone who is interested in investing in vacation rentals overseas should do it as she has also found success in foreign short term rental management.
Contact Kate at:
1. Write clear check in/check out instructions
2. Always trust your gut with a customer and if something doesn’t feel right then don’t let them stay.
3. Setup cameras outside your unit for security and to help against claims such as unregistered guests.
4. Make sure you document and make a claim right away.
5. Have the guest acknowledge they broke something or did something against house rules in the app.
6. Refrain from making direct phone calls and only communicate in the app.
7. Stay in someone else’s airbnb who is doing it right to see what you can employ
8. Include a “Live like a local” guide with everything normal tourists would do.
9. Make custom check ins for special occasions such as weddings, anniversary, valentine’s day.
10. Check zoning regulations before you choose to STR and look for places that are more STR friendly.
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