Why my newest airbnb lost money (learn from my mistake)

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  • เผยแพร่เมื่อ 27 ส.ค. 2024

ความคิดเห็น • 59

  • @Robuilt
    @Robuilt  4 หลายเดือนก่อน +22

    Update: Just had a $4085 booking for September come in at Pink Pickle. Which puts me RIGHT up to the break even for this property for all of my expenses (plus or minus $1000). This property is officially COOKIN'!

    • @jpanderson6145
      @jpanderson6145 4 หลายเดือนก่อน +1

      You didn’t post the link on purpose?

    • @Robuilt
      @Robuilt  4 หลายเดือนก่อน +1

      @@jpanderson6145 what do you mean?

    • @MrHamlet
      @MrHamlet 4 หลายเดือนก่อน

      Halfway into your video I was thinking "someone is going to be stoked to find that property and book for SXSW". I was going to book it myself and found someone already had. :)
      Feeling your concern a bit. I'm building a beach property that won't be online until September. Hoping I'll get some holiday bookings. That being said, if you ever want to come to the PNW in the Spring or Summer, I'll give you the owner rate on my beach house.

    • @FireBadTreePretty
      @FireBadTreePretty 3 หลายเดือนก่อน

      Is it registered in the city of Austin? Do your management people know the recycle laws here? No. They’re always overflowing with garbage. Neighbors are getting pissed. Get on it!

  • @jallisonh28
    @jallisonh28 3 หลายเดือนก่อน +1

    Hi Rob. No shade, but I'm a neighbor and everytime i see the trashcans out at that property the recycling is full to the brim with non recyclable items such as food, pizza boxes, garbage bags etc.. this is a problem for everyone else who takes the time to meticulously wash and sort they recycling because it contaminates it and it all likely gets tossed. Might i suggest just having more trash cans and no recycling bins to avoid contamination, or maybe issue a fine to patrons who use the rwcycling bins incorrectly? Cool lookin place! Thats the only issue I have! Thanks for listening!

    • @networth00
      @networth00 2 หลายเดือนก่อน

      Recycling is a scam. Do a little research.

  • @Boostly
    @Boostly 4 หลายเดือนก่อน +1

    Thank goodness Caleb is okay ❤

  • @chadhaugen-leathertech4848
    @chadhaugen-leathertech4848 4 หลายเดือนก่อน +2

    You’re in the flow for sure. I like this format a lot also. Congratulations 🎉

  • @Myneighborhoodsolution
    @Myneighborhoodsolution 4 หลายเดือนก่อน

    Congrats Rob! My wife is part of your host and creative camps! We’re coming to this years host con and we love all of your content. Thank you for all you do for all of us. We live vicariously through you until we get our str legs under us! God bless

  • @BuildwithBrady
    @BuildwithBrady 4 หลายเดือนก่อน +2

    Nice! Like this style of videos. It's nice to see what other hosts are going through and how they tackle it. Keep it up!

  • @travelingtimothy
    @travelingtimothy 4 หลายเดือนก่อน +11

    Colorado is preparing to tax str’s as commercial property @ 400% hike in property taxes. This in addition to a 600% hike in license fees in the Breckenridge area, on top of other fees. Airbnb has been noticeably absent in the opposition to this new proposal.

    • @Realtyguy
      @Realtyguy 4 หลายเดือนก่อน

      It’s crazy. Chaffee County has done similar hikes with permits. From $100/year to $1000/year. No vote, just decided by the commissioners.

    • @CJ30123
      @CJ30123 4 หลายเดือนก่อน +1

      @@Realtyguy not crazy at all. Great for locals looking to actually live in their homes they buy.

    • @Realtyguy
      @Realtyguy 4 หลายเดือนก่อน

      @@CJ30123 couldn’t be farther from the truth. Prices have continue to increase despite the restrictions. Truth is, local building codes and zoning restrictions have made it very expensive and time consuming to build.

    • @networth00
      @networth00 2 หลายเดือนก่อน

      Liberals are terrible for business.

  • @lorahish5444
    @lorahish5444 4 หลายเดือนก่อน

    Nice job Rob! I had the same experience with an Earthship I just launched. I wasn’t done but posted it anyway, then didn’t get the full potential of the algorithm boosting. Thanks for sharing your journey! ❤

  • @smithmiki03
    @smithmiki03 4 หลายเดือนก่อน

    I find your content to be so incredibly helpful. I learn something useful every time.

    • @tutnetam
      @tutnetam 4 หลายเดือนก่อน

      Lol your pretty new I can tell😂 he made lots of people to lose lots of money

  • @tylermcnamara9778
    @tylermcnamara9778 4 หลายเดือนก่อน

    Nice! Glad you’re still wearing the mastermind shirt! Still one of my favorites that my team designed!

  • @FireBadTreePretty
    @FireBadTreePretty 3 หลายเดือนก่อน

    Dude. I live near this place. PLEASE ensure the recycling and trash is put out correctly. The people in the neighborhood actually fix this shit for you. They’re getting pissed off so get on it!

    • @networth00
      @networth00 2 หลายเดือนก่อน

      Recycling is a scam. Research it if you don't believe me.

  • @wwgbert
    @wwgbert 4 หลายเดือนก่อน

    Great update on the Pink Pickle, crazy how that works out. I was wonder if you had a planned update on "America's Ugliest House" and how that ended up for you. As always thanks for sharing your experience and knowledge.

  • @thegalhorowitz
    @thegalhorowitz 4 หลายเดือนก่อน

    After a while the design fee doesnt make much difference. It needs to be a unique property for that to work. People dont notice the difference between a 5000 dolar couch and a 900 euro couch most of the times, depending on the guest profile.

  • @johnjohnjohnjon394
    @johnjohnjohnjon394 4 หลายเดือนก่อน +2

    Rob, is this listing licensed? Were you able to get a str license in Austin? Are you paying the 11% Austin hotel occupancy tax?

  • @thehammah8039
    @thehammah8039 4 หลายเดือนก่อน +2

    Building an expensive pickle ball court at a "women" only themed airbnb I think was also a mistake. Wouldn't you want to appeal to as many groups as possible for pickleball? As a woman, I just think the design was too over the top and if you are trying to charge more for all of these maybe unnecessary amenities. Although your future bookings seem to be building, I think to myself of the opportunity cost of narrowing your market for this property.
    You are certainly more experienced at this than I but I personally would not pay that high a rate a night. I also have a lot of men friends and wouldn't want them to feel weird coming to this pink a place.

    • @Robuilt
      @Robuilt  4 หลายเดือนก่อน +1

      I feel you. Ultimately, I'd say the results speak for themselves ;)

    • @morganstubie
      @morganstubie 4 หลายเดือนก่อน +1

      Totallllllllllly agree! I saw the pink and wanted to vomit. I do not like pink, firstly, and secondly too much of any bright/strong color can make some/most people run away. Even when looking for Airbnb's domestically and abroad---if I see too many white walls or too many "prison gray" walls and cabinets, I run for the hills! I book airbnb's to be at peace, not to create anxiety and resentment.

    • @thehammah8039
      @thehammah8039 4 หลายเดือนก่อน

      @@morganstubie I have aEcon/Math degree and I always think of what could have been if we did something different. If a STR is trying to cater to a specific group I would want to include amenities that align with that. So for the Pink Piikle catering to bachelorettes and weekends I am just not sure how much the pickel ball court would be used. I mean most bachelorette parties are driking, dancing, partying. I would imagine that most activities would not be at the house. I also think "what type of design that would be group neutral that would appeal to any type of group" Maybe the ADR from bachelorettes would be a little lower maybe not, but now instead of just wekeends rented it could be rented during the week too. Total revenue for the weekends might be a touch lower but overall occupancy would be a lot higher and ADR for weekdays would also be higher.

    • @networth00
      @networth00 2 หลายเดือนก่อน

      @@morganstubie Sounds like you can't be pleased. Stay at a hotel.

  • @ssj4deva
    @ssj4deva 3 หลายเดือนก่อน

    Rob What is a Great AIRBNB Deal for a $865k House Austin Area? How much per Day does Rental Day rate need to be? How many Days rented for the 365 year? Roughly What percent of Total Revenue goes to expenses?

  • @kobienwemnwa364
    @kobienwemnwa364 4 หลายเดือนก่อน

    Thank you Rob! Congratulations on the turn around🎉. Did you have to re-list or relaunch the property before things picked up? If you did, did you relaunch with the same pictures?

  • @morganstubie
    @morganstubie 4 หลายเดือนก่อน

    My question is what do the neighbors think of the crazy, loud parties going on each weekend? Do they complain? Call the cops for noise violations? Just curious, because in my neighborhood that would definitely happened. Maybe you found a property in the middle of no where?

  • @Leocuteno1
    @Leocuteno1 3 หลายเดือนก่อน

    Bro all I can say is PERROOOOO HELL YEAH MAN. Super happy for you 👍🏽

  • @ventureted
    @ventureted 4 หลายเดือนก่อน

    Look at Rob with the fancy Mastermind t-shirt! 👀

  • @BryanOdom-jg7de
    @BryanOdom-jg7de 4 หลายเดือนก่อน

    Great video, Rob!

  • @adnanshamim4956
    @adnanshamim4956 4 หลายเดือนก่อน

    True inspiration, my man!

  • @mfinaly
    @mfinaly 4 หลายเดือนก่อน

    If you don’t like the term ‘Avatar’, you could say ‘Persona’

  • @miker8687
    @miker8687 4 หลายเดือนก่อน

    Holy p****e those are outrageous booking numbers!
    Are your competitors charging this much a night, are these normal prices, or can you really charge that much of a premium due to the great design?

  • @meshiahenderson8183
    @meshiahenderson8183 4 หลายเดือนก่อน

    @Robuilt what’s the deal with the STR Company? I’ve been trying to get a Cost Seg for this year. Please let me know if the business is still going and how to book your team.

    • @Robuilt
      @Robuilt  4 หลายเดือนก่อน

      Hello there! We're still out there crushing it for people! Check us out on www.strcostseg.com

  • @noahfowler386
    @noahfowler386 4 หลายเดือนก่อน

    first comment! love your channel man, i've learned a lot

  • @kenchapmanpdx
    @kenchapmanpdx 4 หลายเดือนก่อน

    You have single days randomly blocked out. FIY JIC that wasn't intentional

  • @Secret_Rare_Oreo
    @Secret_Rare_Oreo 4 หลายเดือนก่อน

    Might be overpriced too. We are in a shitty economy, most people will be looking for the best price and not about a pickle ball court

    • @Robuilt
      @Robuilt  4 หลายเดือนก่อน

      Welp, once you watch the video, you'll quickly realize you're wrong lol.

  • @wakeup7874
    @wakeup7874 4 หลายเดือนก่อน

    Robuilt how about being a rental landlord if you buy a new townhome in my city I will rent from you long term I’m not in market to buy

  • @blipblop92
    @blipblop92 4 หลายเดือนก่อน

    Its only a start for the airbnburst

  • @db50000
    @db50000 4 หลายเดือนก่อน

    Are you bringing guests from TH-cam and Instagram? Is that the plan?

  • @eddiekeech9227
    @eddiekeech9227 4 หลายเดือนก่อน

    What is the property address.

    • @Robuilt
      @Robuilt  4 หลายเดือนก่อน +3

      123 Rob's Mom's House.

  • @VolcanoKing-dj5px
    @VolcanoKing-dj5px 4 หลายเดือนก่อน

    LOL! Wawaaaaaaaa.

  • @rfreeman5012
    @rfreeman5012 4 หลายเดือนก่อน +1

    Stop making excuses for airbnb, the brand and people willing to book are all down...and yes Im a recovering airbnb host.

    • @hunteraikens8385
      @hunteraikens8385 4 หลายเดือนก่อน +4

      I can see why you USED to Host.

    • @kaizersosai8560
      @kaizersosai8560 4 หลายเดือนก่อน

      I'm sure you're a superhost😂

    • @ShameenYakubu
      @ShameenYakubu 4 หลายเดือนก่อน +1

      I mean just because it’s down doesn’t mean anything. Plenty of people still make money on the platform

  • @Bluegrassrentalsofeky
    @Bluegrassrentalsofeky 4 หลายเดือนก่อน

    Really enjoying being a part of host camp! I have learned so much from your channel. Thanks for all you do Rob!
    @bluegrassrentalsofeky