Creating a Passive Income stream for our Property Owners
Interested in making income from part of your home, or an additional property?
Wondering what all the buzz is about with Airbnb?
Looking for a fantastic passive income stream in real estate?
We're here to help
Here at BnB the Smart Way, we specialize in turning empty homes, campers, basement suites, etc into fully functional Airbnbs in a matter of weeks.
We are with you every step of the way, providing a revenue estimate on your property, furnishing estimates, and then listing and managing every aspect of your new Airbnb while you sit back and collect the ca$h.
But, before we get into all of that, a little background.
What is Airbnb, and Why should I get involved?
Airbnb, and short term rental in general (other sites such as VRBO and Booking.com also allow for these rentals), is a booming business that’s not going anywhere soon. Hosts set up their homes to welcome guests from out of town, who appreciate being in a homey, personal environment when they explore a new city, or travel for business.
Due to the high average nightly rate, Airbnbs can fetch an impressive ROI, fetching more than long term rentals, and sometimes, even double.
The quick turnarounds and frequent cleanings help to keep on top of maintenance and to make sure the property is treated with care and that all issues are addressed quickly.
As such, Airbnb is new, and fast growing model for real estate investors, and is bringing the traditional vacation rental model into new and more urban areas.
But… who’s travelling to Greenville?
Great question. Greenville, along with Pawley’s Island, are the only 2 South Carolina cities listed in Airdna’s top 100 cities to own an Airbnb in the US.
Due to Greenville’s rapid growth and lack of hotels, many travelers are turning to Airbnbs. In addition, people are moving to Greenville in droves, and may come to stay in an Airbnb while trying to choose where to move to. Other travelers come for business, to visit family, and increasingly, to vacation, as Greenville is becoming a better known destination for its beautiful downtown area, beer scene, and proximity to State parks.
Other markets in the area that are also doing well on Airbnb are Spartanburg, Simpsonville, Brevard, Asheville, and many more.
With our access to Airdna’s large trove of data, we can easily access data on revenue potential for Airbnbs anywhere in the US, and can help advise you on the profitability of your venture before you begin.
Airbnb Management-- The Ins and Outs of what we Do
Operating an Airbnb is rewarding, fun, and profitable, but there is a steep learning curb. It requires someone to be available 24/7 to communicate with guests, handle their needs, and ensure that the space is clean and ready.
Rather than spending all of that time learning the system, you can allow us to handle all of that for you.
Your listing will immediately be more favorable listed with ours, as I am a Superhost on Airbnb with rave reviews from dozens of guests. We know what linens are best, what things guests like, and have systems in place to make sure everything runs smoothly from day one.
We truly seek to handle everything for you including:
Staging the property prior to listing
Creating the listing for Airbnb and VRBO
Handling all guest inquiries, requests, and issues
Handle all cleaning and supply purchase
Can manage lawn care, maintenance, and getting quotes on larger projects
Handle any damage claims or resolution requests
Create a marketing campaign for the property to ensure the listing stays competitive
List the property as a part of our brand on our direct booking site
Build relationships with guests and local businesses to earn repeat guests, as well as new guests
Handle all accounting, reporting all expenses to you and sending you a monthly check for your earnings