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933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike

933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike

FromBiggerPockets Real Estate Podcast


933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike

FromBiggerPockets Real Estate Podcast

ratings:
Length:
41 minutes
Released:
Apr 10, 2024
Format:
Podcast episode

Description

If you follow these Airbnb design tips, you could double your nightly rates almost instantly. Don’t believe us? Erica Dike, a short-term rental design expert, has done it before and is sharing her “designing for dollars” formula ANYONE can use to boost nightly rates, double revenue, or increase their bookings. Erica, like many of us, has seen the standard Airbnb designs. You know what we’re talking about—the sterile walls and lack of color, or the obscurely small dining room table for a cabin that’s supposed to sleep ten. Erica’s designs go far beyond what most guests expect, and that’s why she’s been so successful.
Erica gives us the three steps to her “designing for dollars” formula, plus seven tips that ANY Airbnb, medium-term, or long-term rental investor can use to attract their target guest/renter and start making more money than ever before. Plus, if you’re a host with a lackluster short-term rental and are looking for some quick design ideas to spruce up your space, Erica shows you step-by-step how to refresh your rental for MORE revenue!
No matter what space you’re in—vacation rentals, travel nurse housing, student rentals, or fix-and-flips—these design tips will blow your potential renters and buyers away, leaving you with more money than the house next door. Ready for Erica to “crack the code” on Airbnb design? Let’s get into it!
In This Episode We Cover:
How Erica doubled a client’s Airbnb revenue with smart design strategies
The “designing for dollars” formula that’ll get you more bookings on Airbnb
How to define your “target market” and attract the exact guests you want 
The seven steps you can use NOW to get higher rents on your short-term rental
Why long-term rental landlords MUST pay attention to design to attract the best tenants
The first thing to do if you think your Airbnb needs a redesign or refresh
And So Much More!
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Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-933
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Released:
Apr 10, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.