Airbnb the Clear Choice for Relocating to Indianapolis (or anywhere)

Airbnb the Clear Choice for Relocating to Indianapolis (or anywhere)

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Airbnb the Clear Choice for Relocating to Indianapolis (or anywhere) By Rachel Prince and Lexa Foy What do you do when your home sold within a week of being listed and you're relocating to a new city? Or what about when your new position is hundreds of miles away and starts next week? These scenarios often lead people into making hasty decisions that leave them unsettled and unhappy. So what's the solution? Temporary housing options can be hard to find, especially when moving with children. Hotels tend to be pricier per night with no negotiable rates and comes with the hassle of eating out daily. Extended stay hotels could be a potential option if you are able to accommodate with the hustle and bustle of the traffic throughout the halls,…
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Should Your Airbnb have Single Beds or Queen Beds?!

Should Your Airbnb have Single Beds or Queen Beds?!

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Guest Post by Mike: Are 2 Single Beds or Queen Bed Better for Your Airbnb Rooms?  In the Airbnb business, the ratings and reviews you get will build your reputation. That’s why it’s essential to offer a well-deserved comfort to your guests, even if that means making a few long-term investments. One of the details I care about most when it comes to my Airbnb business is the sound sleep of the travelers I host. A bad night’s sleep will go straight in the reviews, for sure! So I firmly believe that providing the best possible beds for the exhausted visitors is critical. Even if the room you give for rental is small, you can still make it look cozy and fit a comfortable bed in it. I often hear…
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Top Five Reasons to use Professional Short Term Rental Property Management

Top Five Reasons to use Professional Short Term Rental Property Management

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The financial benefit has become clear to some investors that short-term rental (STR) properties can offer a more lucrative real estate approach then long-term renting to tenants. But STR's are not for every investor! In fact, getting your first property purchased, updated, staged and listed to welcome your first guest can usurp a lot of valuable time and has many possible obstacles. This certainly is not a passive business model either. Instead, running an Airbnb rental requires daily availability for check-ins and communication with guests for inquiries and bookings, being consistently "on alert" for emergencies and damage control, as well as routine weekly visits for trash day and re-stocking. So, before considering purchasing or converting a home unit into a fabulous short-term property, one should strongly consider hiring a specialty property management team. To help you alleviate…
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Top 10 Airbnb Pricing Tips for Major Events (like Indy 500)

Top 10 Airbnb Pricing Tips for Major Events (like Indy 500)

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When can you make top dollar renting your home on Airbnb? Certainly, it's when you live near a venue that can hold 400,000 people, like the Indianapolis Motor Speedway venue with one of the largest seating capacities in the world. Every Memorial day weekend for the last 100 years, motorsports fans have flocked to Indianapolis to attend the Indy 500 top American Championship motor races at the Motor Speedway. People camp and bring their RVs for weeks at a time. Hotels and motels get booked up months in advance. With 175% more people than average looking for a place to crash this one weekend, this still leaves a huge housing shortage. Fortunately, Airbnb and other short-term renting / homes-sharing platforms have picked the slack. For homeowners that live in a less desirable area for most…
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3 Airbnb Essentials for Home Owners in Indianapolis [or anywhere]

3 Airbnb Essentials for Home Owners in Indianapolis [or anywhere]

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By Lexa Foy During a month-long trip to Colombia, South America, I had my first run-in with an Airbnb. All the hotels in the area were booked so our only option was to set up our profile and dive in. I was one of those people who scoffed at staying in someone else’s home, especially with the host there. It seemed awkard and unfamiliar. Despite my initial thoughts, I quickly started to see that my trip to Colombia would not nearly have been as enjoyable without our Airbnb stays.  Not only did we get an inside look at the culture, the hosts were super gracious and helpful in giving us the local's input which enhanced our stay two-fold. After returning from Colombia, I became slightly obsessed with Airbnb and wanted to learn more about this…
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