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While AI has undoubtedly disrupted the job market, not everyone is fearful.
In fact, some people are very optimistic about what AI has in store for the future.
Automating Property Management
Short-term rental properties have grown in popularity since 2007, when Airbnb began.
Seo makes $34,000 a month renting out Airbnbs.
How he manages his properties is one way hes taken advantage of AI to make a profit.
In the past, dealing with multiple short-term rental properties took a lot of time.
Owners would have to manually schedule bookings, cleanings and maintenance.
Theyd also need to handle all communication with guests personally.
Seo uses AI software like Guesty and Uplisting to automate a lot of these tasks.
Seo pointed out that using AI-powered property management software makes day-to-day operations easier, faster and cheaper.
Keeping Pricing Competitive
Pricing is a key element of business success.
A price thats too low means you book your room but lose out on greater profit.
Seo recommended making your life easier with another AI tool called PriceLabs.
This software provides property managers and owners with the most optimized prices for their rental properties.
It gives data-driven price recommendations that account for market trends, seasons, events and holidays.
Seo recommended using the paid version of ChatGPT to make your life easier.
Seo pointed out that ChatGPT is a great resource for doing any punch in of research.
ChatGPT can save you time in other ways.
It can also act as a sounding board to help you brainstorm ideas and make decisions.
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