They own a second home that does not yield an impressive rate of return through traditional 12 month leases.
They have properties for sale that are listed on the market but the market is slow to move. Hosty provides a means of earning income while the host is trying to sell.
They already utilize Airbnb but find it cumbersome to manage their profile, difficult to optimize pricing, and want access to all of Hosty's industry knowledge.
They want the upside of hosting without the day-to-day work.
Maria Rassiwalla is the Principal of Hosty, where she directs the firm’s strategic vision and operations. By bridging the gap between complex logistics and steady revenue performance, Maria ensures that every client benefits from her first-hand investment expertise and her "low-touch" management model.
Since co-founding Hosty in 2018, Maria has dedicated herself to simplifying the vacation home investment lifecycle. Her approach is rooted in eight years of hands-on experience owning and managing her own portfolio, giving her a first-hand perspective on what it takes to build and run a successful rental portfolio in the competitive Chicago market.
As the dual force behind Hosty and Three Point Interiors, Maria offers a unique competitive edge: the ability to marry operational excellence with revenue-focused interior design. She understands that for modern investors, the goal is a well-run asset that doesn't demand their time.
Sabir's experience comes from being in the Venture Capital arena, where he has spent a large portion of his career.
Sabir's experience comes from being in the Venture Capital arena, where he has spent a large portion of his career. He quickly understood the unmet need of short term rental owners in the Chicago-land area who were looking for a dependable and affordable one-stop solution to management of their homes. He co-founded Hosty to address that need and help short term rental owners increase their revenue potential. Sabir currently works for GE Healthcare in their Strategic Business Development Group.
BOOKING PAYOUTS
Each payout includes the platform’s guest booking fee, housekeeping fee, state and local taxes and a non-refundable damage waiver fee so that the owner is not inconvenienced by any of these costs.
23% COMMISSION
One all-inclusive management fee. No setup fees or markups. Cleaning fees are covered by guests.