I don’t want to be a buzz kill…
…but there’s too much mushy thinking in the short-stay space.
So much so that I see short-stay landlords acting like home-sharers — and having a lot of fun doing so.
However, if you check their bottom lines, you’ll see they aren’t doing much better than passive landlords. And doing extra work without capturing extra income is not the way to run a for-profit business.
As a foaming-at-the-mouth Airbnb-er since 2011, one who is both a provider and user with stays all over the United States, let me offer a bit of structure.
Three Short-stay Business Models
You need to be crystal clear about which type of short-stay business you’re operating.
The table below summarizes the financial goals of the three models
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