Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
This last phrase is evidence you are lying. I have a website for my own rentals and at best 1-2 bookings a year come through google search or Facebook. Airbnb/vrbo is 95%. Unless you are Hilton you won’t attract much traffic to a new single vacation rental site.

Do you also spend $50/day advertising your website across Google, Facebook, Instagram, TikTok, YouTube?

Do you also run last-minute 40% off deals for unsold nights to over 15,000 social media followers?

Do you also have a cheaper rate on your website vs 3rd party platforms?

Do you also have over 10 quality backlinks from various bloggers, influencers, and non-profits?

Does your website also rank in top 10 in google for specific queries in your area that have over 500 in search volume?

etc

But I hear you, since most of this will only work with a unique property.

DP. As a cheapass, I always look to see if the Airbob, Vrbo property owner I'm looking to rent from has their own website. If they do, I rent directly from them. Definitely works out cheaper, even with insurance, everytime.

Anonymous wrote:

Anonymous wrote:My guess is it’s a tiny house or yurt or treehouse.

those don't cost $500k to make.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:if you scale up, it will not be unique anymore

Yeah... In our best-case scenario, we scale as quickly as possible to get to 100 of those structures (1-5 per state), then package up this $30m/year 80% profitable business and sell to investors for $200m before competitors copy us too much and lower prices. I would give this scenario a 2% chance of actually happening, but we will do everything possible to get there

So far it seems like private investors are the best next step.

how much of the potential $200m do you think the private investors will require?

If we give up half the company now (49%) for a $4m investment - it will give us 6 new structures in 12 months. Then, we can refinance all 7 with a business appraisal that takes the profits into account. Ideally, that ($5m) + income from 7 ($2m) would give us enough to do another set of 10-12 new properties, without further dilution. Rinse & repeat. So 1 -> 7 -> 18 -> 40 -> 86 -> 150+ = sell
Obviously wishful thinking, rosy glasses, etc. But it's not in the realm of the impossible.

Anonymous wrote:

Anonymous wrote:
This last phrase is evidence you are lying. I have a website for my own rentals and at best 1-2 bookings a year come through google search or Facebook. Airbnb/vrbo is 95%. Unless you are Hilton you won’t attract much traffic to a new single vacation rental site.

Do you also spend $50/day advertising your website across Google, Facebook, Instagram, TikTok, YouTube?

Do you also run last-minute 40% off deals for unsold nights to over 15,000 social media followers?

Do you also have a cheaper rate on your website vs 3rd party platforms?

Do you also have over 10 quality backlinks from various bloggers, influencers, and non-profits?

Does your website also rank in top 10 in google for specific queries in your area that have over 500 in search volume?

etc

But I hear you, since most of this will only work with a unique property.