Searchable transcript of $200K in 45 Days From One Airbnb (Start With $0 Down) — Chris Koerner on The Koerner Office Podcast (01:16). Search for a phrase, then click its timestamp to jump straight to that moment in the video.
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00:00 We hit 200,000 45 days out from launch, and then we hit 300,000 just 3 months out from launch. We pumped in I think $500 [music] into one Instagram ad on a reel that we made. >> Mhm. >> It wasn't even video. It was just like static images. >> For $500 one time, how many in bookings per day were you getting for [music] that first period? >> Our average booking size is somewhere between 4 to $5,000 a booking.
00:19 And there were some days we were getting five to six bookings a day. And then at that point I was like, this deserves my full-time attention. This is something that deserves to be scaled. Like there's clearly a gap in the market. We had 10 to 15 [music] people a day reaching out why they couldn't book the dates they wanted because there was already someone booked in.
00:35 We had a waitlist of hundreds of people that were waiting for the second one. I would say the better option for no money down to get into [music] like managing an Airbnb would be through co-hosting. And you can co-host someone else's property. And I know a lot of people that have had major success in growing their co-host business and then, you know, taking their cash flow and [music] then starting to invest in properties and buying their own.
00:56 >> So co-hosting is like being a property manager on steroids. Like you're more involved, but you're making [music] more money, right? >> I know some people that have gotten, you know, 10, 20 co-host clients in as short as 6 months. Co-hosting is a great way to get into the industry. Once I figured [music] that out, the entire strategy of the company changed.
Provide management services for property owners without initially purchasing a property.
Managing other owners' Airbnb properties as a more involved form of property management.
Generate revenue from short-term property bookings.
There’s clearly a gap in the market.
Platform and industry referenced in connection with property management and co-hosting.
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