How Did Steve Barbarich Started His Vacation Rental Platform?

You may have read about Steve Barbarich and all his accomplishments in the business world. He is known for his Steve Barbarich San Francisco rental property platform. The platform was something that a lot of people loved simply because it offered better alternatives not only to hotels but even to Airbnb properties.

His vacation rental property is quite different from Airbnb for several reasons. For one, Vacation Homes 365 doesn’t have the coverage of Airbnb. Instead of having a worldwide reach. Steve Barbarich only has operations in San Francisco, San Diego, and Los Angeles. This allowed him to not get too overwhelmed since he doesn’t have the money to operate like AirBnb.

It was also an eye-opener for Steven Barbarich since he saw the potential of the travel market. He discovered that even during the worst part of the pandemic, people were still traveling and taking risks. It was a matter of transforming the property into becoming adapted to the new normal that made hosts successful.

So how did he become part of the vacation rental industry when he was an inventor when he was starting his career?

Traveling to Find Investors

One of the things that he was doing after he received bad reviews and was branded a scammer was to find investors who were willing to take the risk and invest in his vision. He explained to them that the Steve Barbarich scam articles written about him were nothing but a misunderstanding.

He traveled all over the US and even in some parts of Canada just to find an investor who was crazy enough to invest in his ideas.

He was traveling all over the place and at times trying to save money by choosing vacation rental properties over a hotel. That's when it clicked. He tried to study the market by offering cleaning services to Airbnb properties. From there, he learned the things needed by property owners.

He also did his research by talking to real estate agents, homeowners, and other players in the industry. He realized that some things needed improvements in Airbnb. That was when he started VacationHomes365.

A More Personal Approach

The Vacation Homes 365 was a bold move for Barbarich. Just imagine spending your money on a niche that you don’t have experience in. But what made it a good move was the fact that it offered a more personal approach. If you want to become part of the platform, Barbarich will personally assess the property. Since it only operates in select cities, it made the selection process easier. He can check the property and see if the property fits the usual profile of a successful vacation rental property.

He also conducts training on hosts. This way, hosts will know what they are going to get into. How much money are they going to spend to make sure that the property is ready to accept guests? And since there are a lot of hosts that have full-time jobs, and full-blown careers, Barbarich also offered extra services for them. Here, guests can just pay extra for Barbarich’s team to handle most of its operations.