Airbnb Hosts: Maximum Profits, Open Your Home First, Renovate Later

5.0K viewsalmost 6 years ago4m 38sScore: 82

Richard Fertig

Pricing & Profitability
beginner
Pricing Strategy
Revenue Management
Seasonal Pricing
Occupancy
Profitability

Summary

Richard Fertig advocates launching an Airbnb even if it's not fully renovated, using the initial revenue from the peak season to fund later renovations during the off-season. He emphasizes understanding seasonality and planning launch and renovation times strategically to maximize profit.