From 0 to 100 in One Year

From 0 to 100 in One Year

over 5 years agonullScore: 82
Hosting Operations
Team Management
Cleaning Systems
Profitability
Multiple Properties
Guest Communication

Summary

This article discusses how Prak Sangthong grew his Airbnb property management company from 0 to 100 listings in a year without spending on marketing. The article covers his strategies, including setting up systems, training cleaning staff, and negotiating discounts. Hosts can learn how to scale their STR businesses efficiently.

Key Insights

  • Prak Sangthong grew from 0 to 100 listings in one year, without marketing spend, highlighting the potential for rapid growth with effective operational strategies.
  • Listing 3 units on Airbnb led to increased weekly income, demonstrating the potential of short-term rentals.
  • Property management fees can be dropped by 1% for each referral.

Action Items

  • Set up systems and processes to enable rapid scaling of your STR business.
    Effort: medium
    Impact: high
  • Create templates for common guest questions to improve guest communication and streamline operations.
    Effort: low
    Impact: medium
  • Train cleaning staff thoroughly, providing checklists and rewarding good work to ensure consistent quality.
    Effort: medium
    Impact: high

Tools & Resources

  • Easy Home Rentals: Easy Home Rentals

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