1:04: How Michelle got started with her first Airbnb rental 4 years ago
5:21: Occupancy Rate during high (Summer & Winter) and low season (May, October)
6:08: Revenue during high and Low season
8:36: Starting cost
10:15: Impact of Covid-19 in her Airbnb listings
12:36 What lessons have you learnt as an Airbnb host?
Today's guest is Michelle. She runs 5 Airbnb listings in Kimberely in British Columbia, Canada. This town is well known for its ski and golf resorts. The occupancy rate of her listings goes up to 95% during the high season like Summer, and down to 50% during the low season. During the high season, the net revenue is about $3,000 per month for a 2 bedroom apartment. For your reference, a quick google search shows that a 2bedroom apartment in Kimberely is between 150 - 200k USD.
View her listings here.
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