What does Airbnb’s latest fee increase mean for your bottom line, and how should it change the way you evaluate deals?
In this episode of the Cash Flow Positive Podcast, Kenny Bedwell sits down with Rachel Gniady, full-time real estate investor and STR Insights consultant, to talk about how the new 15.5% host fee is reshaping underwriting, deal selection, and long-term strategy.
Rachel shares how she is being even more conservative with revenue estimates, why she is rejecting deals that don’t have a wide enough margin, and why being “one of one” in a market is more important than ever. Together, Kenny and Rachel dive into moats, market trends, appraisals, and the importance of thinking like an investor first, even as competition heats up and the “middle” of the STR market gets squeezed.
Want to keep spotting high-margin STR deals even as fees climb? Listen now and sharpen your strategy. If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!
Key takeaways:
- Why Airbnb’s fee change demands more conservative underwriting
- How to evaluate properties with a “good, better, best” revenue approach
- Why being unique in your market protects your profits
- The dangers of chasing trends and how to know when to walk away
- Why comps, cost basis, and appraisals matter more than ever
- How to protect yourself in today’s “Wild West” real estate market
- Why stability can beat higher short-term returns in the long run
- The importance of making offers quickly and confidently
- And much more...
Guest Bio:
Rachel Gniady is a full-time real estate investor and consultant for STR Insights, where she has helped over 50 clients close deals and build profitable short-term rental portfolios. Based in New Orleans, she has nearly 20 years of experience buying, improving, and selling properties.
Resources:
Connect with Kenny on LinkedIn
Follow Kenny on Instagram
Part 2: Finding High ROI STR Deals with No Money with Rachel Gniady
Connect with Rachel on LinkedIn
Disclaimer:
The views, information, or opinions expressed during this podcast are solely those of the individuals involved and do not necessarily represent those of the Cash Flow Positive podcast or its affiliates. The content provided is for informational and entertainment purposes only and is not intended to be a substitute for professional advice. We make no representations as to the accuracy, completeness, suitability, or validity of any information on this podcast and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Listeners should consult with a professional for specific advice tailored to their situation. By accessing this podcast, you acknowledge that any reliance on the content is at your own risk.