hello everyone ok I'm going to run
through the complete setup for listing a
property on Airbnb I'm sure there are a
lot of you out there who are interested
in making some money listing the
property on Airbnb the opportunities
keep growing and changing the landscape
B&B landscape continues to change every
year depending on the market you're in
location the type of property so it's
it's continuously changing and I want to
go through all of that with you but
we're going to start with the basics of
listing a property so here we go Airbnb
does change their website their format
the way their platform works so
sometimes there there are changes so
yeah it's good to keep abreast of the
changes I try to stay up to date on the
changes first let's click in here let's
click into my settings so I can show you
a sneak peek so let's see here let me
just run through this real quick
so 2012 was when I started and you can
see here there we have ten thousand
about ten to ten thousand dollars in
payouts in 2012 in 2013 twenty four
thousand almost twenty five thousand
2014 almost the same less than 25
thousand 2015 we get up to thirty eight
thousand 2016 140 mm so a big jump there
in 2016 2017 192 thousand what this does
not take into account is the fact that
some of the properties that I'm managing
are not always managed directly through
Airbnb so this payout doesn't
necessarily include all the money of the
income that we've made and obviously
doesn't reflect what I made personally
on it
so it's not the net income this is the
top-line gross rental income for several
properties as you can see here there are
a lot of properties here and not all of
them are still current some of them were
short time I was might have been working
with a renter or an owner for a short
period of time so I can go through a lot
of those opportunities with you now
let's go ahead create new listing okay
what kind of place do you have entire
place that's all I do
shared space I've done a little bit of
that don't love it okay so I miss is
gonna be a kind of a mock set up for a
real property that we have so entire
place for seven guests Richmond
California let me just back up here so
entire place for seven guests Richmond
California they're estimating an income
of fifteen hundred and sixty seven
dollars which is completely wrong
I don't know where they get these
numbers from but you know their machine
that will not be able to tell you what
you can make in the longer you do it the
more you will learn that you want to
make the experience the guest experience
the best possible experience which means
you're going to raise your potential
income a lot more 1567 i have no idea
what that would be for but nothing that
I work with so is this listing at home
yes it's a home what type of property it
is a house
what will I guess have access to the
entire place is it set up as a dedicated
guest space yes there are no personal
belongings in there so how many guests
can you accommodate seven guests it says
here how many bedrooms can guess whose
three bedrooms how many beds we have a
total of excuse me four beds within the
three bedrooms so we're gonna say
bedroom one has a double which isn't a
great
situation there should always at least
be a queen in my opinion but this is a
real property has a double bedroom - has
a queen bedroom three has one queen and
one single otherwise known as a twin and
then Common Spaces has zero beds how
many bathrooms one we I'm just gonna
make up an address how about that let's
not put the real address to protect the
innocent so here is a little tip if you
have a hostile neighbors or people that
you don't want completely in your
business you can drag this property off
the pin you click adjust to move the
property maybe a block away just so you
don't have people like us and two
snooping snooping too much looks good
so what amenities do you offer you
better have all the essentials Wi-Fi
shampoo closet drawers TV Heat no AC in
the Bay Area AC would be nice but no
breakfast desk this place happens to
have a fireplace they should all have an
iron a hairdryer no pets in the house
but there is a private entrance smoke
detector carbon monoxide first-aid fire
extinguisher all there there's a kitchen
laundry parking
now photo time it says many hosts have
at least eight photos make sure the room
is well-lit yada yada yada shoot from
the corner etc etcetera what I do is I
hire a professional real estate
photographer I have almost every time
because it's worth it and this is photos
are really important to put your best
foot forward and just realize that your
property people aren't gonna be able to
walk through your property they're not
going to be able to touch it and test it
nice all based on the photos and the
reviews in the description so in photos
obviously is the main part of that so
now you don't want to put anything
misleading because or don't you know you
don't want to edit it too nicely because
they might be disappointed if they get
there and that's not what they were
expecting but the photo should be
professional and can look really good so
let's see here all these photos and I
also have more my laundry photos just
add those laundry photos and my internet
speed test screenshot now we're not done
here let's put captions in kept captions
are important so we're gonna say front /
side of house
living room coffee table shake down wash
up and high-speed Internet high-speed
Wi-Fi test next describe the decor light
what's nearby well-lit newly furnished
private house complete with four beds
clean sheets towels blankets cooking
supplies gas fireplace two TVs with
Netflix and local channels it's good for
families big groups no furry friends
and nearby and always nearby if you
should always fill out as much of this
information as possible the more the
better but you don't have to fill it all
out the first time you can come back
later
you can even publish the listing if it's
all not finished and still come back
later
one o'clock play mark facing is 10 years
my listing title very very important now
what is the strongest selling point of
this property clean fresh 12 minutes to
Berkeley clean and fresh I don't know
freshest the right word
clean and fresh private house minister
barking I'm a clean and cute
boom so get ready for guests booking
settings calendar price okay so review
Airbnb guests requirements hmm err
so all Airbnb guests must provide email
address confirm phone number payment
information absolutely before booking
your home each guest must agree to your
house rules etc confirm etc let you know
how many guests are gonna be coming so
this is an additional option if you have
some reservations or you you want an
extra layer of security then you can
click that they must have a government
issue ID submitted to Airbnb now
obviously most people have a government
ID but not all of them have submitted it
to Airbnb because it's not required but
if you click this box maybe some people
won't be able to book your place just
because they haven't submitted it to
Airbnb already maybe they're maybe it's
a great person a great family and
they're looking to book a place and
they're driving they're looking for a
place for same day and you know maybe
their internet connection is slow on
their mobile phone and they're having a
hard time uploading their government ID
so maybe it's not that they're evil
villain who has a diabolical plot but
maybe they just are having problems with
the internet and so the fewer
restrictions and barriers you put the
easier it will be for the potential
guest to book your home that's what it
is but if you feel strongly or the
homeowner you're working with feel
strongly that they want that extra layer
of security at this time then go ahead
and click that and you can also click
this other box that says recommended by
other hosts and have no negative reviews
that's a strong one also just so you
know I once I don't I usually don't have
these clicked and I've gotten some
reservations
guests who have had bad reviews usually
they've worked out okay like if I see
that they had they've had a bad review
that I will let them know that I've seen
that and I will say hey just checking in
with you I saw you had a bad review
regarding cleanliness or noise just want
to make sure that's not going to be a
problem and then usually in the cases
that I'm thinking of they say it they
ensured me don't worry about it that was
a long time ago I'll take really good
care of your place and they up for the
most part half so let's uncheck those
boxes and move forward set house rules
for your guests suitable for children
yes infants yes pets no unless you're
okay with that it's another cleaning
step but usually as a default I'll start
with no smoking allowed no pets or
parties no guests must climb stairs
these are other hindrances and we're
gonna skip all of those because they
don't apply so this is basically about
instant book and right here you're
almost there almost trying to sneak this
past two but right here in the center
you can see this sentence says I want to
review every request if you click that
an instant book gets turned off and
that's kind of like the other security
layer we were talking about before but
this is a bigger biggest layer which
means nobody can auto book nobody or
excuse me can instant book
nobody can book your place without you
reviewing and approving them and that
will really slow down your bookings it's
not it's not a deal breaker but like
that would be something I might do if I
had a very valuable property and you
know with a lot of potential for damage
if you had the wrong group in there and
you really want to interview and talk to
guests and really thoroughly go through
their background you know a really high
ticket type of property you might want
to do some kind of fancy you know event
mansion or something you might want to
do before your normal kind of properties
where you need you want the volume
coming through
you would want to have this off let's
click that to see what it looks like and
they say before you make this switch
you're gonna lose earnings you're gonna
lose search and if you have it on we can
do the government ID thing and you also
have host ultimate protection if if you
have instant book on so you can allow
instant bookings or continue without
them let's click on allow them ok and
then click Next
so have you rented before I have how
often do you want to have guests as
often as possible let's start there now
here we go
we are almost published how much notice
do you need before guests arrive same
day before 10 p.m.
let's go with that or let's back this
down to 8 p.m. how about that for now
for same day just click on that ok
do you have a time frame well it's gonna
be will say 4 p.m. until 8 p.m.
oh no 4 p.m. we can say 11 p.m. is fine
we can even say midnight in general but
guests can book before 8 p.m. if it's
same day if it's same day they have to
book a p.m. you don't have to do that
you can turn that to midnight off also
but to just always have to make sure
your property is always ready to go if
it's if people have checked out you need
to always make sure your house cleaners
get in there at checkout time to have it
ready by check in how far in advance can
guess booked okay so we want to say for
now we'll start with 3 months usually I
will go 6 or 9 months because I want to
limit the risk of someone booking for a
low price for a short period of time way
in the future which could block the
potential of a better long-term guest
so we'll put 3 months for now
nights minimum will just start default
at 7:00 for minimum if you're in a real
high tourist market you might even do
one day minimum it depends on your
situation but you obviously need to make
sure your house cleaners are ready ready
on deck to go make that happen so we'll
just put maybe 120 max for now so do you
want to sync with Google Calendar iCloud
you should if you're comfortable with
those home away the RBO we can talk
about those later or iCal so block any
date so for now let's block your cat
block your complete calendar and we can
after we publish then we can go in and
open updates so let's double check your
settings click price is fixed but we
don't trust Airbnb price until they go
away to lock so we'll but I guess we
could you could do your minimum you
could set your minimum but the problem
with the pricing tool is they don't have
a separate minimum for weekdays and
weekends which is it is something to
think about
anyhow will most will go with fixed
price for now so our base price for mine
will be 144 now and we'll say no special
up offer for now weekly discount will
say 6% will start with 6 for week and 12
for the month will start like that for
now based on your settings blah blah
blah it says your calendar is blocked
don't worry about that
check your laws don't worry we'll talk
about taxes later finish
you're ready to publish Dada and here we
are let's publish you hear that there it
is so now it says would you like help
hosting your space invite a friend so
this is where you invite me you put in
my email address to invite me if we've
made that arrangement but we'll skip for
now okay and we're done you're published