If you’ve read or seen Eat, Pray, Love, you’ve probably considered vacationing on the beaches of Bali. René Theil fell in love with Indonesia long before Julia Roberts, and he has owned his own ‘little escape’ on the island for 17 years. When he wasn’t using the property, he rented it out to friends and friends of friends.

In 2011, René was living in Hong Kong, and he had just started both a business and a family. With fewer and fewer opportunities to use the vacation home himself, he decided to renovate the villa in Sanur and list it on Airbnb. Now René is scaling up, managing five properties in Bali—with nine more on the horizon in the coming year.

René has been a Superhost for the last ten quarters, and today he is sharing his vast experience with the Get Paid for Your Pad Audience. He explains the process of leasing a villa in a country where foreigners are not allowed to own land and the concept of having a staff, which is common in Bali. Listen in for René’s insight on providing guests with a stellar under-the-roof experience and leveraging technology to manage multiple properties remotely!

Topics Covered

The lucrative vacation rental market in Bali

How René got into hosting

  • Purchased vacation home in Sanur
  • Rented to friends, friends of friends
  • Renovated for safety to list on Airbnb
  • Perfect space for family, two couples

How René is scaling up

  • Expanded to five properties
  • Adding nine in new year
  • Started managing friends’ investments
  • Leverages technology to scale up

René’s insight around investing in Bali as a foreigner

  • Not allowed to own land
  • Can buy villa on 35 + 15 lease hold agreement
  • Option to extend once lease term is up
  • Landowner not obliged to extend, but usually do

What René has learned as a host in Bali

  • Focus on under-the-roof guest experience
  • Replicate five-star hotel service

The concept of a staffed villa

  • Common in Bali to have staff
  • Make breakfast, shop, babysit, etc.
  • Guests grow into comfort of having staff
  • Staff won’t disturb if guests want privacy

How René manages remotely from Hong Kong

  • Very colorful Outlook calendar
  • Uses Vreasy to sync calendars, communicate

Connect with René

 Keys to Bali



Beyond Pricing

Connect with Jasper

Email: jasper@getpaidforyourpad.com

Twitter: @GetPaidForUrPad

Instagram: @GetPaidForYourPad 

Facebook: www.facebook.com/getpaidforyourpad

This episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests!

To subscribe to the podcast, please use the links below

Click Here to Subscribe via iTunes

Click here to Subscribe via Stitcher (Android users)

If you like the show, please consider leaving the show a review in iTunes or Stitcher. A couple minutes of your time can help the show immensely! Thanks!

December 25, 2017

EP215: Superhost in Bali Shares Airbnb Tips

If you’ve read or seen Eat, Pray, Love, you’ve probably considered vacationing on the beaches of Bali. René Theil fell in love with Indonesia long before […]
December 22, 2017

EP214: This Week in the World of Airbnb

If you are spending more than 30% of your monthly income on rent, you fall into the category of rent-burdened—and one popular way to earn the […]
December 15, 2017

EP213: This Week in the World of Airbnb

Toronto. Singapore. Paris. Seattle. Hosts around the world are learning to navigate the new regulations introduced by local municipalities. Making headlines this week are the controversial […]
December 11, 2017

EP212: The Power of Under-Promising and Over-Delivering

As Airbnb hosts, we have a natural inclination to show our property in the best possible light in order to secure more bookings. But what happens […]
December 8, 2017

EP211: This Week in the World of Airbnb

Has Airbnb lost its charm? All startups experience growing pains. That’s just part of the process. But as Airbnb expands its influence to become a major […]
December 4, 2017

EP210: How To Manage Multiple Listings with AirGMS

So you want to expand your Airbnb business, but the complication that comes with managing multiple listings has you a little overwhelmed. How do you prevent […]
December 1, 2017

EP209: This Week in the World of Airbnb

If you could change anything about Airbnb’s website, what would it be? Hosts had their say in the news this week, with a Forbes article polling […]
November 27, 2017

EP208: Short-Term Rental Investing in the UK

With changes in UK tax policy, smart property investors are shifting to the vacation rental market to avoid the hit of a higher tax bill. The […]
November 24, 2017

EP207: This Week in the World of Airbnb

Melbourne is joining the growing list of cities introducing regulations around short-term rentals, but the municipality is taking a very different approach: Rather than simply limiting […]
November 20, 2017

EP206: Investing in Airbnb Properties in Medellín

Are you looking for an ideal place to invest in short-term rental property for Airbnb? How about a little spot known as The City of Eternal […]
November 17, 2017

EP205: This Week in the World of Airbnb

If you’ve ever used Smart Pricing, you know that the tool tends toward the lowest prices—favoring guests over hosts in order to increase the number of […]
November 13, 2017
Hosting bridal parties at the Ohio city getaway

EP204: Hosting Bridal Parties at ‘The Ohio City Getaway’

While most Airbnb hosts avoid party-going guests like the plague, Airbnb Superhost Walter McCormick welcomes them. In fact, he caters specifically to bachelor and bachelorette parties […]