Bailey Kramer’s Airbnb Co-Hosting Mini Course Review—10 Tips To Earn 6-Figures as a Co-Host

August 23, 2024

Airbnb Co-hosting Mini Course is a free online training program by Bailey Kramer. It teaches you how to start an Airbnb co-hosting business and earn six figures. Bailey introduces his framework for managing an Airbnb co-hosting business in this course. Furthermore, he shows you how to find clients and close deals. This course also helps you manage properties, automate operations, and so on. It is available on YouTube with 44 videos as of writing. 

Many people have positive feedback about Bailey Kramer's Airbnb Co-Hosting Mini Course. They share success stories and find his lectures helpful. Users like @Sam_oliver258 and @lifestylebyEhi have praised the course for its valuable information. Success stories include securing their first Airbnb co-hosting client with no prior experience. Adam and Tori landed their first client within two weeks. Similarly, Matt gained his first two clients within six weeks. 

According to Bailey, you don’t need money to start an Airbnb co-hosting business. Well, except for LLC registration fees, which only cost between $100 and $200. Scalability is another advantage of this business model. You can maximize your profits by co-hosting multiple properties. However, keep in mind that Airbnb co-hosting is more of an active income stream. That means you need to be more hands-on with the operations. This includes handling guest messages and communicating with vendors. It also covers creating pricing strategies and launching marketing campaigns for the listings. Another concern for short-term rentals (STR) is that the revenue is usually seasonal. 

In this review, we shall cover its pros and cons, content, and reviews. We will also share tips to earn 6-figures as an Airbnb co-host. Lastly, we discuss alternatives to the course and a more stable and passive business model. 

Airbnb Co-Hosting Mini Course Review: Pros and Cons

Pros

 Airbnb Co-Hosting Mini course is free for a limited time. 

Bailey Kramer is an expert  co-hosts of 30 Airbnb properties. Also, he owns 2 STR properties and 2 long-term rental properties.

Most of the presentations have provided easy-to-follow guidelines. 

Cons

The lectures have no particular order. It is just a compilation of selected YouTube videos. 

Some topics are repetitive and could have been included in one presentation. 

 It’s hard to find genuine reviews from external sources. 

Price:

Airbnb Co-hosting Mini course is free for a limited time.

Training:

The Co-hosting Mini course comprises self-paced YouTube videos. 

Refund Policy

The Airbnb Co-hosting Mini course has no refund policy since it is free. 

Origin

The Airbnb Co-hosting Mini course started in 2023. 

Reputation

Bailey Kramer has a good reputation. He is  a co-host himself and owns short-term and long-term rental properties. His YouTube has 1.87K subscribers, while his Facebook has 2.5 friends, He has 4,031 followers on Instagram and 16.2K on TikTok. 

July 17, 2024

This mini-course offered a lot of new insights, but I found it unorganized. But since it’s free, it is okay. I hope his actual course is structured better than this.

Jean Andrews
4.0
4.0 out of 5 stars (based on 1 review)

10 Tips To Earn 6 Figures as an Airbnb Co-Host

  • 1. Understand the market. Conduct in-depth market research to determine the demand for vacation or short-term rentals. Look for popular destinations, business hubs, or event locations that travelers frequently visit.
  • 2. Select the right property to co-host. Be sure to evaluate each potential property you plan to co-host. Check the location and amenities they offer. Some factors to consider include proximity to tourist attractions. Also, consider public transportation, the environment, and overall safety. 
  • 3. Optimize your listing. Create an impressive Airbnb listing by highlighting the best features of your property. Use high-quality photos and write detailed descriptions to attract potential guests. You can include valuable features in your promotion. This includes reliable internet services, accessible parking spaces, and air conditioning.
  • 4. Set competitive rates. Pricing is crucial to STRs. Set competitive rates based on market research and current demand. Check out similar properties within the area and make necessary adjustments. Other pricing factors to consider include seasonality, local events, and holidays. Bailey does not recommend using the Airbnb Smart Pricing tool because it's inaccurate. He mentioned that the rates the tool suggests are too low.
  • 5. Aim for stellar guest experience. Providing exceptional customer service is crucial for generating positive reviews. This will attract more bookings. Be professional and be sure to respond promptly to guest inquiries. Provide clear instructions and be accommodating. Ensure the property is clean, well-maintained, and stocked with essential supplies.
  • 6. Launch marketing and promotional campaigns. Use various marketing strategies to boost visibility and attract more guests. Many successful Airbnb co-hosts today utilize social media marketing. They use paid advertisements to increase engagement. Consider offering discounts and promotions to maximize occupancy rates. Create referral programs to encourage repeat bookings and positive word-of-mouth.
  • 7. Aim for super host status. Strive to achieve and maintain Superhost status on Airbnb. Superhosts receive better visibility, higher search rankings, and increased credibility. To become an Airbnb Superhost, you must host at least 10 trips or 3 reservations that total at least 100 nights. Also, you must maintain a high response rate (at least 90% or higher). Maintain a less than 1% cancellation rate and 4.8 overall rating.
  • 8. Expand and upscale. Once you have established a successful hosting operation, consider expanding your portfolio. You can manage multiple properties or partner with other property owners. This is to increase your earning potential. Scaling your operation can significantly maximize your profits. 
  • 9. Streamline operations. Implement systems and tools that can help streamline hosting operations. Invest in property management software or Airbnb management services. This service automates tasks like guest communication, reservations, check-ins, and cleaning schedules. This will free up time and enable you to focus on growing your business.
  • 10. Aim for consistency and improvement. Keep yourself updated with the latest trends. Always check guest feedback and keep up with changes in Airbnb policies. Improve your skills and overall services. Consider investing in property upgrades. Make sure you can adapt to the changing needs of your guests.

What is Airbnb Co-Hosting?

Airbnb co-hosting enables property owners or investors to work with secondary hosts. This system gives them the option to delegate tasks and responsibilities to a co-host. However, they still maintain control and oversight of their Airbnb listings. A co-host manages the day-to-day operations of Airbnb properties and receives monthly compensation. You can earn between 15% to 20% of the gross income for each property you co-host.

What are the Duties and Responsibilities of an Airbnb Co-Host?

  • Communication: They respond to inquiries and messages from potential guests. This includes providing details, coordinating check-ins and check-outs, and addressing other concerns.
  • Listing management: A co-host creates and manages property listings on the Airbnb platform. This includes writing property descriptions, uploading high-quality photos, and setting competitive rates.
  • Guest screening and approval: Some property owners delegate these tasks to a co-host. So, be prepared to conduct a thorough screening process for potential guests.
  • Booking management: You coordinate bookings for guests. Additionally, you need to oversee the availability of the properties. For this task, you require a solid booking management system. This enables you to make booking adjustments easily.
  • Property maintenance: The co-host communicates with cleaners to facilitate maintenance and routine schedules. This task ensures the property meets the standards expected by guests. Be sure to address any maintenance issues that may arise during a guest’s stay.
  • Guest support: Provide support to guests during their stay. Be sure to address any concerns they may have. Recommend the best local attractions, restaurants, and other fun and interesting activities.
  • Reviews and feedback: Getting reviews and feedback from guests is a crucial step. This can be impactful to your reputation and also help improve your services. 
  • Promotion and marketing: As a co-host, you should also help promote listings. This helps maximize occupancy rates and earns more profits. This includes managing social media accounts and exploring partnerships with local businesses.

What is the Airbnb Co-Hosting Mini Course?

The Airbnb Co-Hosting Mini Course is a condensed program by Bailey Kramer. The course equips participants with the knowledge and skills to be a co-host. It covers the responsibilities and tasks involved in co-hosting. Additionally, it shares strategies for managing listings and acquiring clients.

This mini course currently has 44 YouTube videos. These videos also discuss pricing, handling guest communications, and maximizing rental income. The videos are available on Bailey's channel. It is for anyone who wants to co-host Airbnb and manage short-term rentals effectively.

The Airbnb Co-hosting Mini Course is for anyone interested in investing in real estate or short-term rentals. This course can also help those who already own, co-host, or arbitrage short-term rental properties and want to improve their processes and systems. Individuals who want to earn supplemental income may also benefit from this course.

What Will You Learn From Bailey Kramer’s Airbnb Co-Hosting Mini Course?

  • What is Airbnb Co-Hosting 
  • The Best Time to Start an Airbnb Co-Hosting Business
  • Journey To 10 Co-Hosting Clients
  • Landing Your First Airbnb Co-Hosting Client
  • Getting Your First Co-Hosting Client
  • Pitching and Closing Your First Airbnb Co-Hosting Client
  • Setting up Co-hosting Properties 100% Remotely
  • Managing Airbnb Co-Hosting Properties 100% Remotely
  • Why Co-Hosting is 100x Better Than Arbitrage
  • Landing Your 1st 2 Co-Hosting Units in 6 Weeks
  • Top 3 Pricing Tips to Maximize Your Airbnb Revenue
  • How Technology is Changing Airbnb
  • Best Channel Manager To Use as an Airbnb Co-Host
  • Starting a Co-Hosting Business From Scratch
  • Journey to Dominating Co-Hosting
  • Step-by-Step Strategy to Land Your First Co-Hosting Client
  • Is Co-Hosting Passive: Bailey's Honest Answer
  • Simple Trick To Boosting Your Airbnb's Revenue: Case Study
  • 3 Profitable Business Ideas for Starting Over
  • Common Mistakes to Avoid When Pitching Your Airbnb Co-Hosting Services
  • Airbnb Rental Arbitrage Exposed: The Truth Revealed
  • The 3 Stages of Building a Successful Co-Hosting Business
  • BNB Calc Honest Review and Live Demo
  • A Step-by-Step Guide To Determining if a Property is Worth Co-Hosting
  • The Unspoken Benefits of Being a Real Estate Investor
  • Closing Co-Hosting Clients 101
  • Live Co-Hosting Sales Call Review
  • Co-Hosts Sales Script for Converting Long Term Rentals to Short Term Rentals
  • Working With Certain Types of Co-Hosting Clients
  • Building Your Dream Team To Manage Your Airbnb Biz 100% Remote
  • Standing Out as a Host and Get More Bookings
  • The Untold Truths of How Real Estate Investing Made Bailey a Minimalist
  • Maximizing ROI with Expert Design and Exclusive Discounts
  • Revolutionizing Property Design with Host GPO's Free Interior Design Program
  •  Bailey's Real Estate Journey and The Fire Metaphor
  • Tips for Leaving Welcome Gifts for Airbnb Guests 
  • Dealing With Vendors Almost Quitting 
  • Using Dynamic Pricing Software for Mid Term Rentals
  • The Truth About Hospitable Price Change
  • Should You Accept Cats at Your Airbnb A Real Case Study
  • Dealing With Airbnb Support 
  • 3 Questions To Ask Your Airbnb Guests To Prevent Parties
  • Top 3 Myths About Running a Co-Hosting Business: Debunked

What Do People Say About Bailey Kramer's Airbnb Co-Hosting Mini Course?

Many people are saying good things about Bailey Kramer and his Airbnb Co-Hosting Mini Course. There are several success stories posted on his site. His followers online also find his Airbnb co-hosting lectures helpful. For instance, @Sam_oliver258 said that Bailey shares great information. He even inquired about a paid course. Another user, @lifestylebyEhi found the videos helpful.

Airbnb Co-Hosting Course Success Stories

1. Courtney and Carmen  

Courtney is a mortgage loan officer, and Carmen is an ER nurse in South Florida. They both had no experience with STR and Airbnb co-hosting. They completed the program and applied what they’ve learned. Courtney and Carmen immediately landed their first Airbnb co-hosting client. Courtney said that they got all the support and knowledge needed to set up and manage their business.

2. Adam and Tori 

Like Courtney and Carmen, Adam and Tori also had zero experience with co-hosting. They said they worked on their processes based on Bailey’s videos and modules. After 2 weeks of setting up their system, they landed their first Airbnb co-hosting client. And in four weeks, they have scaled their business to four co-hosting units!

3. Matt

Matt had some huge wins after working with Bailey. He had no prior co-hosting experience. However, he landed his first two clients within six weeks of joining the program. According to Matt, the course has been impactful in starting his STR business. He didn’t have any knowledge or concept of how to manage units or get clients. He also mentioned that the modules have been really helpful to him. Especially the tools and systems that the program has provided for him.

Is Bailey Kramer a Scam? 

No, Bailey Kramer is not a scam. The co-hosting mini course that he’s offering is free. You can easily access his lectures on his YouTube channel. There are many video testimonials about his presentations, services, and expertise. His training program with Claire helped many people start their own co-hosting business. He also shared his students' great wins on his platforms. For example, Emily messaged that they signed their first co-hosting client.

Is Bailey Kramer’s Airbnb Co-Hosting Mini Course Worth Your Time? 

Yes, Bailey Kramer’s Airbnb Co-Hosting Mini Course is worth your time. There are so many valuable lessons you will learn about Airbnb co-hosting. As mentioned, Bailey has helped a lot of real estate investors and Airbnb co-hosts. Many people are vouching for his services and expertise. However, the course isn’t that organized. Some topics may seem repetitive. It seemed like it was just a compilation of Bailey’s selected online tutorials. But overall, it’s a valuable course about Airbnb co-hosting. 

Who is Bailey Kramer? 

Bailey Kramer is an investor, entrepreneur, and Airbnb co-host. He owns and manages short-term and long-term rental properties in five different states. In one of his videos, he mentioned that he discovered his passion for real estate when he was nineteen years old. This was after reading the book "Rich Dad Poor Dad" by Robert Kiyosaki. The following year, he purchased his first investment property.

Over the years, Bailey has focused on growing his rental real estate portfolio. A few years later, he founded a co-hosting company and now manages thirty co-hosting units. Bailey is also an educator. He creates training programs and online courses for real estate investments and co-hosting. He has been working with Claire Rosenberg. She is another successful Airbnb co-host, business owner, and real estate investor. 

How Much Money Can You Make Co-Hosting on Airbnb?

You can make at least $1,000 to $1,500 monthly by co-hosting one Airbnb property. However, it still depends on the gross revenues that the properties generate. You can earn between 15% and 20% of the monthly gross income on average. So, if you’re co-hosting one property that brings in $5,000 per month, you earn $1,000 for 20% co-hosting rates. 

What are the Airbnb Co-Hosting Mini Course Alternatives?

  • Airbnb Breakdown Academy: This course is all about rental arbitrage. Bryon Blocker and Inayah McMillan’s Airbnb Breakdown Academy teach you everything. Especially on how to get started. This includes researching properties, using automation tools, and much more.
  • Real Estate Robinsons: Tony and Sara Robinson are a husband and wife duo. They specialize in short-term rental real estate. If you’re looking to broaden your rental real estate knowledge, this training program is for you
  •  Airbnb Accelerator - This is another Airbnb arbitrage training course. In this program, Humza Zafar will teach you his business model. Including how to start, scale, and automate an Airbnb arbitrage business.
  •  Airbnb Pricing Workshop - Matt Caissie will teach you a pricing strategy for your Airbnb listing. This guide also includes the top 5 Airbnb pricing tools you can use for your properties.
  •  Airbnb Kickstart Course - This is also known as the STR Kickstart Course. Kyle Stanley shows how to earn a 6-figure income in under 12 months. This is using his rental arbitrage business model.

Is Hosting Airbnb Worth It in 2024?

Yes, hosting Airbnb is worth it in 2024. This is because market analysis shows that it has garnered $9.91 billion global revenue in 2023. Statista reports that in the US alone, Airbnb's revenue reached $3.4 billion. It highlights its significant market presence in the country. In 2024, the Airbnb market showed slow progress, but it is still profitable. In cities like Austin, Texas, the average annual income for an Airbnb host was around $23,000 in 2023. This shows the platform's potential for individual wealth creation.

Airbnb’s wealth creation is valued at more than $4 billion in 2023. The company also recently acquired HotelTonight for over $400 million. This acquisition is part of Airbnb's strategy to diversify its offerings. They aim to cater to last-minute travelers. It has seen a 20% increase in bookings year-over-year, according to data from the company. This means that the industry has the potential increase its profit margins. In popular tourist destinations like Miami, Florida, Airbnb listings increased by 15% . This indicates a shift in consumer preferences towards flexible accommodation. 

Why is Local Lead Generation a Better Business Model Than Airbnb Co-Hosting?

Local lead generation is a better business model than Airbnb co-hosting. This is because it offers a more predictable income stream. One concern for Airbnb co-hosting or STRs is that the income is usually seasonal. With local lead generation, the cash flow is more predictable. Local lead generation works like digital real estate. The goal is to generate leads for local businesses through websites. Local businesses will pay you $500 to $3,000 per site. Each site you build is a revenue stream. The more websites you build and rank, the more profit you can earn.

conclusion-lead-gen-maps

You can do local lead generation remotely. In contrast, Airbnb co-hosting requires you to be hands-on. Since there are no physical properties, it’s easier to maintain. It is also more cost-efficient than Airbnb co-hosting. You can use free digital marketing strategies like SEO or GMB to boost visibility. With co-hosting, you can earn up to 20% of the monthly generated gross revenues. The profit margin for local lead generation can range from 85% to 90%. Both business models are scalable. However, it’s a lot easier to scale a local lead generation since you can do it 100% remotely. 

So, if you're looking for a better investment option than Airbnb co-hosting, try local lead generation. 

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