Ep 5 - STR Secrets - The State of the STR Industry & Renting Responsibly with David Krauss

Published: June 24, 2020, 5 p.m.

b"GUEST BIO\\n\\nDavid Krauss has been in the real estate space since 2012 and started flipping houses and condos in Boston and realised the potential of putting them on airbnb early on. Everything was going great until some people threw a massive party on his property and got a letter from the City which triggered him to go out and co-found the company NoiseAware. And just over a year or so he again found Rent Responsibly.\\n\\n\\n\\nHIGHLIGHTS OF THE EPISODE\\n\\n06:01 \\xa0What triggered him to think about short term rentals from flipping houses?\\n\\n14:47 \\xa0Everybody needs to get involved.\\n\\n17:10 \\xa0The feedback's that he\\u2019s getting about airbnb since states and counties are opening\\n\\n24:47 \\xa0Democratizing travel looks like\\n\\n27:05 \\xa0Inner workings of Rent Responsibly\\n\\n32:44 \\xa0Where Rent Responsibly started\\n\\n36:56 \\xa0Consistent Airbnb employee compensations and host surveys\\n\\n38:52 \\xa0The secret or the best advice for someone who just started on Airbnb or wants to scale up in this business\\n\\n46:27 \\xa0Why he hates the work \\u201cAdvocacy\\u201d\\n\\n\\n\\nNOTABLE QUOTES (KEY LESSONS):\\n\\nFord model T analogy - This was when cars were not seen as a great way of transportation before and up until 20 years later is when they started making laws on how cars operate on roads since roads were made for horses and buggies at the time. Then David Krauss explained how airbnb will soon become like what happened to the Ford model T in this generation.\\n\\n\\n\\nCONNECTING WITH THE GUEST\\nWebsite: rentresponsibly.org\\n\\nFacebook | Instagram | LinkedIn\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"