In this episode, Alex & Pooh talk about consistent revenue. They cover why it matters, why so many Airbnb business owners struggle to achieve it and how to change things up, so that those months where bookings are scarce is no longer a threat to the overall viability of your business.
They share the exact strategy they are using to diversify and earn a lot of revenue without taking on a huge amount of extra stress. In fact, this approach means that you actually end up earning well while doing far less work than you normally would.

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KEY TAKEAWAYS

• All Airbnb owners experience dry months with very few bookings. The fact that your regular overheads are high, especially if you are doing rent to rent,
  means it does not take long to run out of money.
• Even if you are booked up for months in advance, you can´t afford to be complacent.
• Things change, people and contractors cancel.
• Poor cashflow is the main reason businesses fold. Creating consistent revenue by
  diversifying largely solves the cashflow issue.
• Working with partners creates a win-win situation which generates income for both of you.
• Seek out partners that share your standards and values.
• Don´t be afraid to charge a fee when you generate a booking for another Airbnb
  owner. You’re finding them a client, so are genuinely adding value to their business.
• You need to match the right customer with the right host.
  Regardless of the type of business you run, success all comes down to lead
  generation.
• There is a huge demand for Airbnb leads, so now is the time to get involved and
  provide them.
• Generating leads through OTAs and paid ads no longer works well, which is why
  Alex and Pooh teach a different approach.

BEST MOMENTS
“I looked for partners that were willing to work with us.”
“It´s easy to just rest on your laurels and say “I´m making good money”.”
“We always control the money; it has to come through us all the time.”
“Then for the next four months, we get like £600 for just doing one invoice.”
“It really doesn’t get much more passive than that.”
“We are heavily focused on making a lot of money for our partners. Then we just take
commissions.”
“It´s the best use of your time.”

LINKS

FREE Airbnb Blueprint Coaching Community
https://www.facebook.com/groups/2342454789487705

HOST BIOS
Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years.This AirBnB Business has allowed each of them to create their own tailor-made ‘lifestyle by design.’
Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.