New hosts on Airbnb often make the mistake of thinking that they can succeed on Airbnb by simply taking a few minutes to setup their listing, snapping some photos of their property on their phone, and voila- the cash will just start pouring in! Unfortunately, it is not that simple. The Airbnb market in DFW is crowded and competitive, and it takes a comprehensive game plan and continuous management to survive and thrive. Lets go through the critical elements that can make or break a short term vacation rental to see how you stack up.
Listing Setup
Marketing
Turnover
Price Optimization