60 min listen
156: Facing Strict Short-Term Rules, Airbnb Shifts to a New Type of "Host" w/Jesse Stein
FromOn The Market
156: Facing Strict Short-Term Rules, Airbnb Shifts to a New Type of "Host" w/Jesse Stein
FromOn The Market
ratings:
Length:
41 minutes
Released:
Nov 6, 2023
Format:
Podcast episode
Description
Airbnb is looking for a new type of host: renters. With housing costs rising nationwide, homeowners have almost always been able to rent out their properties to make an extra buck. But, until now, renters haven’t had the same opportunity. And, as mortgage rates rise and rents stay high, many renters are biding their time, hoping to save up enough so that when rates drop, they can snag the home they’ve been dreaming of. Airbnb is trying to make this easier.
Jesse Stein, Global Head of Real Estate at Airbnb, is no stranger to the world of hospitality. His background with hotels made him the perfect candidate to join Airbnb. Jesse comes on the show to talk about the short-term rental industry, where it’s heading, whether or not it’s growing, and a new type of “host” that Airbnb is trying to help create.
Jesse’s team at Airbnb has partnered with some of the largest apartment communities in the country to offer renters a deal that’s almost too good to pass up: the ability to rent their place while they’re away. Now, high-cash flow house hacking isn’t just reserved for homeowners, and a move like this could help with the wallet-crushing affordability issues we’ve talked about so many times on the show.
In This Episode We Cover
Short-term rental market trends and why consumers are still spending so much on travel
Growing regulations and Airbnb’s response to cities cracking down on short-term subletting
The new “Airbnb‑friendly apartments” that allow renters to house hack like never before
Renting vs. buying a home in 2023 and the savvier of the two choices
The rise of medium-term stays and why more renters are using Airbnb for longer trips
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-156
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Jesse Stein, Global Head of Real Estate at Airbnb, is no stranger to the world of hospitality. His background with hotels made him the perfect candidate to join Airbnb. Jesse comes on the show to talk about the short-term rental industry, where it’s heading, whether or not it’s growing, and a new type of “host” that Airbnb is trying to help create.
Jesse’s team at Airbnb has partnered with some of the largest apartment communities in the country to offer renters a deal that’s almost too good to pass up: the ability to rent their place while they’re away. Now, high-cash flow house hacking isn’t just reserved for homeowners, and a move like this could help with the wallet-crushing affordability issues we’ve talked about so many times on the show.
In This Episode We Cover
Short-term rental market trends and why consumers are still spending so much on travel
Growing regulations and Airbnb’s response to cities cracking down on short-term subletting
The new “Airbnb‑friendly apartments” that allow renters to house hack like never before
Renting vs. buying a home in 2023 and the savvier of the two choices
The rise of medium-term stays and why more renters are using Airbnb for longer trips
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-156
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Nov 6, 2023
Format:
Podcast episode
Titles in the series (100)
5: Cash Flow is Starting to Disappear: Is It Even Worth Chasing?: Cash flow vs. appreciation has been a fiercely fought debate between many real estate investors for decades. Cash flow investors love to tout the fact that consistent rental property profits allow you a life of freedom, while appreciation investors argue that cash flow doesn’t build wealth, it merely keeps you treading water. There’s arguably no better panel to ask about this topic than America’s best wholesaler, investor, and flipper trio—James Dainard, Jamil Damji, and Kathy Fettke. James, Jamil, and Kathy have a view on the appreciation vs. cash flow topic that most investors don’t possess. All three of these investors have bought, sold, and held real estate before, during, and after the great recession, meaning they aren’t subject to the 2020 and beyond “hot housing market” stigma many new investors fall into. They’ve seen what a good, bad, and ugly housing market can look like, and, unsurprisingly, they reach almost by On The Market