What do top short-term rental (STR) operators from around the world have in common? This past summer, Eric Moeller and I hosted the STR Legends Live Mastermind in Puerto Rico, and we uncovered three buckets that successful Airbnb hosts focus on, whether their business is in South Africa or Siberia or San Diego. So, we are compiling this information in a three-part series and providing you with the blueprint to launch and scale a profitable STR business!
Beyond partnering with me on STR Legends Live, Eric also serves as host of the Airbnb Mastery Summit, a program designed to help aspiring hosts build a professional and profitable business on Airbnb, and founder of Cohost Mastery, an online training academy that teaches you how to start an STR company without owning or leasing any properties. In addition, he runs his own successful vacation rental leasing and property management company in California.
On this episode of Get Paid for Your Pad, Eric and I sit down to discuss our upcoming masterclass, STR Profit Academy. We offer an overview of the three pillars of a successful Airbnb business we plan to cover in the series—business, hospitality and mindset. Listen in for insight around who would benefit most from attending our live masterclass and learn the blueprint to launch and scale a successful STR business!
Topics Covered
The three-part masterclass Eric and I are putting together
- Compile personal experience with STR Legends
- Pillars necessary to build + grow STR business
What successful STR operators have in common
- Business
- Hospitality
- Mindset
Pillar #1—Building the Business
- Identify marketplace, property type
- Strategic plan to set up for success
- Properties run like McDonald’s
Pillar #2—Hospitality
- Stand out with unforgettable experience
- Understand customer journey
- Manage through automation
Pillar #3—Entrepreneurial Mindset
- Willing to invest in personal growth
- Thrive on challenges, competition
- Overcome limiting beliefs
Who should sign up for STR Profit Academy
- Just starting out, struggling to get started
- Hosts looking to live life by design
- Obsessed with Airbnb/short-term rentals
- Willing to take action + grow as person
Connect with Eric
CoHost Mastery Airbnb Mastery Summit Eric on LinkedIn
Resources
STR Profit Academy Eric on GPFYP EP285 Eric on GPFYP EP278 Eric on GPFYP EP256 Eric on GPFYP EP175 STR Legends David Krauss Tony Robbins The Obstacle is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday
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