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Work from Anywhere & Make Airbnb Your Home

Work from Anywhere & Make Airbnb Your Home

FromReal Estate News: Real Estate Investing Podcast


Work from Anywhere & Make Airbnb Your Home

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
4 minutes
Released:
Feb 5, 2022
Format:
Podcast episode

Description

Airbnb is becoming more of a nomadic lifestyle hub than a vacation planning website. With the rise of remote work, many people are booking longer stays on Airbnb and taking their work with them, including Airbnb CEO, Brian Chesky. He recently announced that he’ll be living on Airbnbs, and staying at a new place every few weeks. (1)Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. The pandemic has unleashed a big revolution in the way people live and work. While some people are looking for bigger single-family homes with yards, others are ditching the stay-at-home life altogether and becoming digital nomads. Airbnb caters to this lifestyle perfectly, with accommodations that can be as flexible as the remote worker schedule.Longer Airbnb StaysThe Airbnb website shows how people are using short-term rentals as a way to travel while they work. In a news release about Chesky’s plan to live on Airbnbs, it says almost 50% of the reservations in the third quarter of last year was for seven or more days. That’s up from 44% in 2019. And, it says that one out of every five of the people who booked during Q3, booked for 28 days or longer.Airbnb said in the news release: “As the world undergoes a revolution in how we live and work, more people are blending life with travel.” And that’s exactly what Airbnb is researching with a campaign called: “Live Anywhere on Airbnb.”“Live Anywhere on Airbnb”The campaign involves the selection of 12 individuals and families from nine countries around the world, who get to stay at Airbnbs for free for 10 months as part of an Airbnb research project. The only thing they have to do in exchange is to share their experiences with Airbnb.That campaign was underway in the middle of last year, and there are profiles of all the people participating in the project on the Airbnb website. Now Chesky will be also be contributing his feedback on the Live Anywhere trend as a nomadic remote worker, running his company from various Airbnb locations.Airbnb TrendsThe company is predicting that as the remote trend matures, more and more people will use Airbnbs to live, travel, and work at the same time. The company is also predicting that we’ll see that people may venture farther away from home, and work for longer periods of time in other countries. Many may even give up their permanent address so they can live abroad unencumbered for however long the adventure lasts. Airbnb cited some data that shows international travel was already surging before the pandemic – from 25 million in 1950 to 1.4 billion in 2019. One trend that Airbnb has been seeing during the pandemic is an increase in bookings for rural areas. It says those bookings were up 85% in the third quarter of last year, compared with the third quarter of 2019. The length of time people are spending in Airbnbs has also increased dramatically. Airbnb says it grew 75% from the summer of 2019 to the summer of 2021. And those who are leading the fully nomadic lifestyle, the percentage has grown from 9% to 12% in one year from 2020 to 2021.Digital Nomad VisasSeveral countries are offering digital nomad visas. If you’re interested in doing something like that, check out Spain, Portugal, Costa Rica, Brazil, Malta, and Indonesia, among others. (2) You’ll find links for more information about the Airbnb lifestyle at newsforinvestors.com. Check the links at newsforinvestors.com, for more information on this topic. You can also find out more about real estate investing at our website. It’s free to join, and free to access hundreds of webinars and articles on real estate investing. You’ll also have access to the Investor Portal where you can view sample property pro-formas for new and existing rental homes, and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Please remember to hit t
Released:
Feb 5, 2022
Format:
Podcast episode

Titles in the series (100)

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!