Udemy How to Manage Your Vacation Rental: AirBNB, HomeAway, & More Udemy
Price: USD 95

    Course details

    Do you own a vacation rental home or have you ever considered buying one?
    Would you like to rent your own home while you're out of town?
    Are you interested in real estate investing, but you're not sure what to do after you purchase a property? 

    If you answered yes to any of these questions, you're facing a very big question...

    What's the best way to manage your vacation rental property?


    What if you chose to hire a traditional management company?
    You'd end up paying their fees that average around 30% of your annual rental income. THIRTY PERCENT!!! It is often higher than that in some areas of the country. Let's do a little math. A "good" rental property will be booked around 70% of the time. If the average rate of the same property is $199/night (~$1,200/week), your rental income (without taxes and extra fees added in) would be around $4,180 per month, which is just north of $50,000 per year. Sounds great, right?! Not so fast. Out of that $50,000, you'd pay your traditional management company $15,000, leaving you with only $35,000 to pay your mortgage, utilities, property maintenance, etc. Yikes!


    What if you chose to invest in this course and manage your vacation rental home yourself?
    Using the same numbers as the example above, you'd still be making $50,000 per year BUT your one-time investment would only be $20. That's 0.0004% of your rental income. So, my question to you is: Would you rather have $35,000 or $50,000?

    What websites should I use to manage the rentals for my property?
    The process you'll learn in this course will work regardless of the website on which you choose to list your property. It'll work for sites like:

    • AirBnB
    • HomeAway
    • Flipkey
    • Trip Advisor
    • VacationRentals (.) com
    • VRBO


    "But I'll spend too much time managing my own vacation rental property."

    Actually, that's not true. I spend an average of 1 hour per week managing vacation rental properties (this course teaches you how I do it). 1 HOUR! If you spent an average of 1 hour per week managing your own vacation rental property, and saved $15,000 in the process, you'd be saving an average of ~$288 for every hour you spend doing vacation rental management tasks. If someone offered me a job where I got to work from home and get paid $288/hour, I'd take it in a heartbeat!


    "But I won't get near the number of bookings a traditional management company would get me."
    Again, not true. The process I use (and that I teach you in this course), has led me to average 80-85% occupancy rates (97% in July 2017)--well above the average of "good" properties. Actually, the vacation rental management process I will teach you in this course, has lead me to be one of the best vacation rental managers in my market. Here are some of the statistics I'm achieving, according to my listing website (VRBO):

    • Number of bookings in the last 90 days - outperforming 99% of my market
    • Total listing page views in the last 30 days - outperforming 91% of my market
    • Number of 4 and 5 star reviews in the last 2 years - outperforming 97% of my market
    • Current listing rank - outperforming 96% of my market
    • Number of bookings declined in the last 90 days - outperforming 100% of my market (currently ranked #1 out of 5,588)


    "But I don't live in the same area as my vacation rental property."

    That's not a problem. Actually, most of the hundreds of thousands of vacation rental owner/managers don't live near their property either. I work from home and live 5 hours away from the properties I manage. The process I'll teach you in this course doesn't require you to live anywhere near your real estate to be the best vacation rental manager you can be.


    Still not sure? Have more questions? Try these three things:

    1. Read more info below and watch the free sample lectures, to get a better idea of what this course will do for you.
    2. Send me a message through Udemy or email, upandrenting@gmail.com. I'd love to hear from you and answer your specific questions.
    3. Visit my website, "Up and Renting", which contains additional resources and information about the best way to manage your own vacation rental home.


    What will I give you through this course?

    • A high-level and detailed understanding of the best vacation rental process you can use
    • Confidence that you're not forgetting anything by giving you a comprehensive task list to follow
    • Valuable tools and templates that help you hit the ground running without "re-inventing the wheel" (questions to ask a cleaning company before you hire them, guest communication templates, how to find out how much tax you should charge, and much more. )
    • A versatile method that can be used with ANY market and/or vacation rental listing website (including AirBNB, HomeAway, TripAdvisor, Flipkey, VRBO, VacationRentals, and many more.)
    • A thorough understanding of all the vacation rental management websites available to you and how to choose the best vacation rental website for you
    • A competitive advantage by learning several tricks of the trade that improve the guest experience and get you more bookings
    • A guide to "what next" after you've invested in vacation rental real estate

    Invest in yourself, and in your property by purchasing this course today!

    Updated on 26 February, 2018
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