Host Coach Quotes

“You can choose to focus your advertising within a certain mile radius of your listing and target viewer interests, such as hiking, mountain biking, and skiing. You can also target any major nearby attractions, such as national parks or wineries.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Building a custom website for your property or properties is a great way to showcase your listing or your entire investment portfolio.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Purchase open-cage light fixtures whenever possible. Their lack of glass makes them less likely to break, less likely to trap dead bugs, and makes it easier to replace light bulbs.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Give this demographic what they want: a clean, minimalistic, stylish interior with a nice kitchen and bathroom.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“More than half of the properties I have purchased were off-market deals.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“The value of experience over ownership is on the rise. According to the Harris Report, 72 percent of millennials prefer to spend money on experiences rather than on material things.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Anyone can do it. Not everyone will. Will you? — Gary Keller”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Get to know your neighbors during orphan stays.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Block off at least one night every four months to stay at your rental and perform an inspection.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“As your listing goes live, be hyper focused on your reviews and adopt the mindset that negative reviews are not personal—they are intel!”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Your short-term rental is an investment. If you treat it like a hobby, it will be a side hustle with decent returns. If you establish your short-term rental as a business and treat it like one, you will be efficient with your time and able to maximize your returns.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“A stellar housekeeper is the most important member of your Airbnb team.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“a new booking inquiry, a new request to book, a new reservation, guest check-in, cordiality/guest happiness check, reviewing a guest on Airbnb, and prompting a guest for an Airbnb review. I also have an automated message to follow up on expired guest inquiries.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“64 percent of Airbnb guests are under the age of 44”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“There is a great tool called Hospitable (formerly known as Smartbnb) that can help automate your messaging as a host.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“The Airbnb algorithm rewards listings high-occupancy rates by placing them higher within search results, which means more guests view your listing.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Perfect is the enemy of done.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Create a Style Guide for Your Housekeeper. Once you have your fabulous property photos, you can utilize them for more than your Airbnb listing. I create style sheets with photos of how each room should look for our housekeepers. Guests move candles, blankets, chairs, and sometimes couches to other rooms. Providing a visual template for your housekeepers helps them know what goes where.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“There is another more advanced version of HDR called flambient, which we use on all of our short-term rental properties.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Wine glasses are a must-have for your kitchen. Consider purchasing stemless glasses, as they are less likely to be knocked over and broken. I purchase stemless wine glasses in 20-packs from Amazon.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Cash-on-Cash Return = Annual Pre-Tax Cash Flow / Total Cash Invested 51.63 percent = $48,000 / $92,960”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Capitalization Rate = Net Operating Income / Current Market Value The capitalization rate or “cap rate” is another commonly referenced ratio for expressing the investment value of cash flowing assets. A cap rate between 5 percent and 10 percent is considered a good investment.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“My best advice for new investors is to secure your financing before you begin actively looking for a short-term rental investment.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Be a brave investor. Fortune favors the bold.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“I find the best way to identify these properties is by getting to know your neighbors and making it known in the community that you are actively looking to purchase additional real estate.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“The best approach is to look at properties with a realistic understanding of your own skill set and also with a creative mindset that lets you envision the possibilities for guest amenities. Balancing your skills and creativity will help you find your ideal short-term rental property.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“Location-based macro amenities include things like scenic views, river or lake access, nearby hiking trails, or proximity to a winery, ski resort, or national park.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“If you are committed to making a short-term rental investment, you will eventually be using PriceLabs to set dynamic pricing”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“This grading system breaks data into five major categories: rental demand, revenue growth, seasonality, regulation, and investability.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing

“A tried-and-true strategy is to invest in assets that produce cash flow which can be reinvested into more cash flowing assets or into luxuries you desire.”
― Culin Tate, Host Coach: A Blueprint for Creating Financial Freedom Through Short-Term Rental Investing