Airbnb-Friendly Apartments — What Multifamily Owners Need to Know with Jesse Stein

Airbnb-Friendly Apartments — What Multifamily Owners Need to Know with Jesse Stein

Author: Mark & Tamiel Kenney June 2, 2023 Duration: 27:26

Airbnb just launched a program that lets your residents legally host on Airbnb — with your permission, a revenue share back to you, and free marketing from Airbnb. But what does that actually mean for multifamily owners and syndicators?

In this episode, Jesse Stein, Airbnb's Global Head of Real Estate, walks through exactly how the Airbnb-friendly apartments program works — and Mark Kenney asks the ownership-level questions most hosts won't think to ask.

In this episode you will learn:

• How the Airbnb-friendly apartments program works — hosting limits, revenue splits, and what building owners actually receive

• Which landlords have already signed on — and how smaller syndicators can get involved

• How access, cleaning, and on-site operations actually work in practice

• What residents are earning on average — and the built-in income calculator that's driving leasing velocity

• The lending and loan doc questions every owner needs to answer before opting in

• How Airbnb's AirCover works for hosts and building partners — and what's still an open question

This is a program that didn't exist 12 months ago and is already live in 40+ markets. Worth understanding before your competition does.

Join us at our next event at https://thinkmultifamily.com/event

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Mark and Tamiel Kenney built something remarkable, turning a single duplex into a portfolio of over sixty-five hundred units in just three years. On the Think Multifamily Podcast, they pull back the curtain on exactly how they did it, moving beyond theory to share the tangible, week-by-week steps that define real success in apartment investing. This isn't about sacrificing your time or freedom; it's a practical conversation about building a legacy that actually works for your life. Each episode feels like a direct conversation with the Kenneys, filled with the specific insights and hard-won lessons from their own journey. You'll hear them break down complex deals, discuss market shifts, and explore the mindset required to navigate the challenges and opportunities in multifamily real estate. Tune in for a straightforward, content-rich dialogue that cuts through the noise, offering a clear path for anyone serious about creating lasting wealth through property. This podcast provides the kind of actionable guidance that only comes from hosts who have walked the path themselves.
Author: Language: English Episodes: 100

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